AI in Neurology Market Size, Share, Growth | Opportunities,

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Data Bridge Market Research analyzes that the global AI in neurology market, which was USD 48.00 million in 2023, is likely to reach USD 716.52 million by 2031 and is expected to undergo a CAGR of 40.2% during the forecast period of 2024 to 2031. 

"AI in Neurology Market research document assists business in every sphere of trade to take superior decisions, to tackle the toughest business questions and diminish the risk of failure. The market data provided in the report helps to discover diverse market opportunities present worldwide for AI in Neurology Market industry. A proficient team works meticulously with their potential capabilities to generate this finest market research report. By applying best-practice models and research methodologies, complete market analysis is performed in the winning AI in Neurology Marketing report to make sure that the report provides accurate market segmentation and insights for the success of client’s business.

Top players and brands are analysed with respect to their actions such as developments, product launches, acquisitions, mergers, joint ventures and competitive research in the market. General market conditions such as product price, profit, capacity, production, supply, demand, and market growth rate are also analysed in the wide ranging report which aids businesses decide several strategies. To produce this global market report, a team of multilingual researchers who are skilled at different languages come together with which they professionally execute market research globally. AI in Neurology Market is the promising and most suitable market report for the clients.

Data Bridge Market Research analyzes that the global AI in neurology market, which was USD 48.00 million in 2023, is likely to reach USD 716.52 million by 2031 and is expected to undergo a CAGR of 40.2% during the forecast period of 2024 to 2031. 

Explore Further Details about This Research AI in Neurology Market Report https://www.databridgemarketresearch.com/reports/global-ai-in-neurology-market

Report Scope and Market Segmentation

REPORT METRIC

DETAILS

Forecast Period

2024 to 2031

Base Year

2023

Historic Years

2022 (Customizable to 2016-2021)

Quantitative Units

Revenue in USD Million, Volumes in Units, Pricing in USD

Segments Covered

By Indication (Neuro-technology, Neurosurgery), Application (Screening & Diagnosis, Treatment, Research & Development, Training, Surgical Planning and Rehabilitation, Others), Type (Oncology, Neurodegeneration, Neurovascular, Traumatic Brain Injury, Spinal Cord Injury), Technology (Machine Learning and Deep Learning, Natural Language Processing [NLP], Others), Components (Hardware, Software-as-a-Service[SaaS]), End-User (Hospitals, Diagnosis Centers, Others)

Countries Covered

U.S., Canada, Mexico, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Saudi Arabia, U.A.E., South Africa, Egypt, Israel, Rest of Middle East and Africa, Brazil, Argentina, Rest of South America

Market Players Covered

ActivSurgical Inc. (U.S.), Brainomix Limited (U.K.), Caresyntax Corp (U.S.), Neosama Inc. (Israel), ExplORer Surgical Corp. (U.S.), Surgalign Spine Technology Inc. (U.S.), LeanTaaS Inc. (U.S.), Medtronic Plc (Ireland), Scalpel Limited (U.K.), and Theator Inc. (U.S.)

Market Opportunities

  • Growing demand for software-as-a-service (SaaS) in AI neurology
  • Increasing research and development activities
Market Definition

The AI (Artificial Intelligence) in neurology market is the application of artificial intelligence and machine learning technologies in the field of neurology. This market encompasses the development and utilization of AI tools, software, and hardware solutions that assist healthcare professionals, particularly neurologists and neurosurgeons, in diagnosing, treating, and managing neurological conditions. AI in neurology involves the use of advanced algorithms, neural networks, and computational techniques to analyze and interpret complex neurological data, such as brain imaging scans, patient records, and clinical data, to improve patient care and outcomes.

Global AI in Neurology Market Dynamics

Drivers

  • Increased data availability0

With the growing use of digital healthcare records, medical imaging, and wearable devices, there is a vast amount of neurological data available. AI can efficiently process and analyze this data, making it an attractive tool for neurologists and researchers to gain insights into neurological conditions. This data-driven approach can lead to more accurate diagnoses and treatment recommendations.

  • Shortage of neurologists

Many regions face a shortage of neurologists, which can lead to delayed diagnoses and treatment for patients with neurological disorders. AI tools can help bridge this gap by providing decision support to healthcare professionals, enabling them to make quicker and more informed decisions. This can be particularly important in emergency cases like strokes, where timely intervention is critical.

Opportunity

  • Advancements in AI algorithms

The development of advanced machine learning and deep learning algorithms has significantly improved the accuracy and capabilities of AI systems in diagnosing and managing neurological conditions. These algorithms can detect subtle patterns in medical images, genomics data, and clinical records that may be challenging for humans to identify

The report provides insights on the following pointers:

  • Market Penetration: Comprehensive information on the product portfolios of the top players in the AI in Neurology Market.
  • Product Development/Innovation: Detailed insights on the upcoming technologies, R&D activities, and product launches in the market.
  • Competitive Assessment: In-depth assessment of the market strategies, geographic and business segments of the leading players in the market.
  • Market Development: Comprehensive information about emerging markets. This report analyzes the market for various segments across geographies.
  • Market Diversification: Exhaustive information about new products, untapped geographies, recent developments, and investments in the AI in Neurology Market.

Why choose Data Bridge Market Research?

  • Modern technologies, such as artificial intelligence, to provide updated industry growth.
  • DBMR team provides clients with the top notch AI in Neurology Market research report.
  • Interaction with research scientists and development heads to understand the nature of the AI in Neurology Market more precisely.
  • 24/7 availability of services.
  • Data collection from implementation vendors, service providers, and raw material suppliers to provide a clear perspective with Forecast period.

DBMR team uses very fair means to gather information that is scrutinized at every stage while structuring an influential AI in Neurology Market size

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