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The AI in medical imaging market size is projected to grow from $1.75 billion in 2024 to $8.56 billion by 2030, growing at a CAGR of 30% during the forecast period from 2024 to 2030. Notably, in situations characterized by low physician / pathologist to patient ratios, the conventional mode of operation is rendered inadequate. Experts have predicted a shortage of 10,000 to 40,000 physicians, by 2030, in the US alone. Over time, various industry stakeholders have designed proprietary deep learnin...

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The healthcare digital marketing market is estimated to be worth $305 million in 2020 and is expected to grow at CAGR of 26% during the forecast period. Advent of smartphones coupled to the easy accessibility of information on the internet, has rendered it crucial for companies to establish a digital presence. In fact, a recent study stated that digital advertising is expected to account for around 50% of the overall global advertisement spend by 2021. Further, it is encouraging to note that ove...

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The computer aided drug discovery market is estimated to be worth $29 million in 2020 and is expected to grow at CAGR of 15.6% till 2030. The process of drug development, beginning from the discovery of a pharmacological lead to its commercial launch, is estimated to take around 10-15 years, involving capital investments in the range of USD 4-10 billion. Over time, the complexities of drug discovery, have increased; this is especially true for large molecules, which are inherently more complex t...

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The blockchain in genomic data management market, valued at USD 294.5 million in 2024, is projected to grow to USD 524.2 million in 2025 and USD 19,831.6 million by 2035, representing a CAGR of 43.8% during the forecast period. Blockchain technology has emerged as a viable option to store / exchange genomic data. The decentralized information management model used in blockchains has demonstrated significant benefits in banking and the fintech industry. Moreover, cryptocurrencies, which are based...

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The global healthcare cybersecurity market size is estimated to reach $12.6 billion by 2030, growing at CAGR of 14% during the forecast period. Digitally stored information is prone to hacking and manipulation by cyber criminals. The concern is validated by the fact that more than 5.1 million records are compromised due to data breaches every day. In 2016, close to 1,800 incidents of data breaches were reported across all the industries; in total, almost 1.4 billion data records were lost or sto...

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