The worldwide AI in the medical imaging market is predicted to grow as the prevalence of chronic illnesses rises, health spending rises, AI investment rises, government spending and policy support rise, and so on. However, the market faces a number of challenges, including development limits and AI's black-box nature. Many market trends will also aid the industry's development, such as increasing variety in training datasets, detecting various ailments from a single image, and high image quality to improve algorithm performance.

The introduction of technologically advanced imaging equipment is one of the main drivers propelling market growth. The increasing usage of sophisticated AI-enabled diagnostic tools for quick diagnosis and predictive analysis in developed countries is one of the major factors likely to contribute to increased product demand over the forecast period.