The Economic Impact of Artificial Intelligence in Medical Imaging

Florin Condrea ()
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Florin Condrea: Institute of Mathematics of the Romanian Academy ”Simion Stoilow”, Bucharest, Romania

Ovidius University Annals, Economic Sciences Series, 2024, vol. XXIV, issue 2, 164-168

Abstract: This study examines the economic impact of artificial intelligence in medical imaging, analyzing market trends and implementation mechanisms. The research reveals significant market growth, with the U.S. AI healthcare sector projected to reach USD 187.7 billion by 2030, growing at a CAGR of 35.8%. Analysis of workflow optimization demonstrates substantial efficiency gains, with reading time reductions up to 52.57% in concurrent reading scenarios and contouring time improvements between 30-50%. These findings indicate AI's transition from emerging technology to essential healthcare tool, suggesting continued innovation and value creation in medical imaging applications.

Keywords: artificial intelligence; medical imaging; economic impact; healthcare market; workflow optimization (search for similar items in EconPapers)
JEL-codes: M15 O33 (search for similar items in EconPapers)
Date: 2024
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Persistent link: https://EconPapers.repec.org/RePEc:ovi:oviste:v:xxiv:y:2024:i:2:p:164-168

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