AI in Radiology Market Size Worth USD 39.38 Billion by 2034 | CAGR: 38.31%

The AI in radiology market size is expected to reach USD 39.38 Billion by 2034, according to a new study by Polaris Market Research. The report “AI in Radiology Market Size, Share, Trends, Industry Analysis Report By Component, By Modality, By Deployment Mode, By Application, By End User, and By Region – Market Forecast, 2025–2034” gives a detailed insight into current market dynamics and provides analysis on future market growth.

The AI in radiology market provides solutions for medical imaging equipment, diagnostic interpretation, workflow optimization, and clinical decision support across hospitals, diagnostic centers, and telemedicine platforms.

Market growth is driven by increasing demand for faster and more accurate imaging analysis, rising incidence of chronic diseases, and adoption of advanced imaging technologies. In addition, growing investments in AI-powered radiology tools, integration with electronic health records, and the development of real-time diagnostic platforms are accelerating the use of efficient, precise, and scalable AI solutions in radiology globally.

AI in Radiology Market Report Highlights

• Based on Component, the software segment dominated in 2024, driven by increasing integration of AI-based image interpretation tools, workflow automation platforms, and clinical decision support systems in radiology departments.
• In terms of Modality, computed tomography (CT) led the market, owing to high imaging volumes and strong applicability of AI in rapid abnormality detection and scan reconstruction.
• Based on Deployment Mode, cloud-based solutions held the largest share, supported by hospitals and imaging centers shifting to scalable AI infrastructure for faster deployment and remote accessibility.
• In terms of Application, detection and diagnosis dominated, backed by growing clinical reliance on AI for identifying abnormalities such as tumors, fractures, and cardiovascular anomalies.
• Based on End User, hospitals and clinics led the market, owing to large volumes of diagnostic procedures and strong investments in AI-driven digital transformation.
• North America led the global market in 2024, propelled by high adoption of advanced imaging infrastructure across hospitals and diagnostic centers.
• Asia Pacific is expected to witness strong growth, driven by emerging economies increasingly adopting AI-driven imaging solutions to address radiologist shortages and improve diagnostic accuracy.
• Key players in the global market include Aidoc Medical Ltd., AIRS Medical, Inc., Annalise.ai Pty Ltd., Canon Medical Systems Corporation, DeepHealth, Inc., GE HealthCare Technologies Inc., Lunit Inc., Philips Healthcare (Koninklijke Philips N.V.), Qure.ai Technologies Pvt. Ltd., Rad AI, Inc., Siemens Healthineers AG, Subtle Medical, Inc., TeraRecon, Inc., Viz.ai, Inc., and Zebra Medical Vision Ltd.

Request a free sample copy or read the full market insights :  AI in radiology market report

Polaris Market Research has segmented the market report based on component, modality, deployment mode, application, end user, and region:

By Component Outlook (Revenue, USD Billion, 2020–2034)

• Software
• Services
• Hardware

By Modality Outlook (Revenue, USD Billion, 2020–2034)

• Computed Tomography (CT)
• Magnetic Resonance Imaging (MRI)
• X-ray
• Ultrasound
• Positron Emission Tomography (PET)
• Mammography
• Others

By Deployment Mode Outlook (Revenue, USD Billion, 2020–2034)

• On-premise
• Cloud-based
• Hybrid

By Application Outlook (Revenue, USD Billion, 2020–2034)

• Detection & Diagnosis
• Image Segmentation & Classification
• Workflow Optimization & Triage
• Predictive & Prognostic Analytics
• Disease Risk Assessment
• Others

By End User Outlook (Revenue, USD Billion, 2020–2034)

• Hospitals & Clinics
• Diagnostic Imaging Centers
• Research & Academic Institutes
• Ambulatory Surgical Centers
• Others

By Regional Outlook (Revenue, USD Billion, 2020–2034)

• North America

• US
• Canada

• Europe

• Germany
• France
• UK
• Italy
• Spain
• Netherlands
• Russia
• Rest of Europe

• Asia Pacific

• China
• Japan
• India
• Malaysia
• South Korea
• Indonesia
• Australia
• Vietnam
• Rest of Asia Pacific

• Middle East & Africa

• Saudi Arabia
• UAE
• Israel
• South Africa
• Rest of Middle East & Africa

• Latin America

• Mexico
• Brazil
• Argentina
• Rest of Latin America