Artificial Intelligence (AI) in the cardiology market is anticipated to grow at a significant CAGR of 19.5% during the forecast period (2024-2031).AI and machine learning are revolutionizing cardiac imaging, diagnostics, and treatment planning. It offers early detection, risk prediction, and personalized treatment strategies by analyzing large datasets. The COVID-19 pandemic has additionally accelerated the adoption of remote monitoring and telemedicine. Regulatory agencies guide AI-based medical devices and software in cardiology, while reimbursement policies and payment models incentivize AI adoption. Collaboration between healthcare providers, technology companies, research institutions, and regulatory agencies fosters innovation and drives market growth in AI cardiology, ultimately improving patient outcomes.

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The increasing demand for accurate diagnostic tools, is crucial for early detection of cardiac abnormalities and guiding appropriate treatment interventions. According to theWorld Heart Federation, in 2023, Cardiovascular Diseases (CVDs) claimed the lives of approximately 20.5 million individuals globally, making it a significant contributor to global mortality. These figures represent around one-third of all recorded fatalities, indicating a notable increase compared to the 12.1 million CVD deaths documented in 1990. Furthermore, ischaemic heart disease has emerged as the leading cause of premature mortality in 146 countries for men and 98 countries for women.

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Market Coverage
Market number available for – 2024-2031
Base year- 2023
Forecast period- 2024-2031
Segment Covered- By Source, By Product Type, By Applications
Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
, and others

Market Segmentation

Global Artificial Intelligence (AI) in Cardiology Market by Component

Software
Services

Global Artificial Intelligence (AI) in Cardiology Market by Application

Cardiac Arrhythmias
Stroke
Ischemic Heart Disease /CAD
Others (Electrophysiology (EP) Procedures, and Cardiac Risk Assessment)

Global Artificial Intelligence (AI) in Cardiology Market by End-user

Life Science Companies
Healthcare Payers
Healthcare Providers

Global Artificial Intelligence (AI) in Cardiology Market by Region

North America
United States
Canada
Europe
UK
Germany
Italy
Spain
France
Rest of Europe
Asia-Pacific
China
India
Japan
South Korea
Rest of Asia-Pacific
Rest of the World
Latin America
Middle East and Africa

Company Profiles 

AliveCor, Inc.
Bardy Diagnostics, Inc.
Biofourmis Inc.
CardiAI™
Cleerly, Inc.
Dia Imaging Analysis Ltd.
HeartFlow, Inc.
HeartVista Inc.
IDOVEN
iRhythm Technologies, Inc.
Koninklijke Philips N.V.
Medtronic Plc
RSIP Vision
TempusAI, Inc.
UltraSight Inc.
Ultromics Ltd
ai, Inc.

The Report Covers

Market value data analysis of 2023and forecast to 2031.
Annualized market revenues ($ million) for each market segment.
Country-wise analysis of major geographical regions.
Key companies operating in the global artificial intelligence (AI) in the cardiology market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
Analysis of market-entry and market expansion strategies.
Competitive strategies by identifying ‘who-stands-where’ in the market.

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