AI medical imaging Market in Egypt soars to $4M in 2022

The value of the artificial intelligence (AI) market in medical imaging in Egypt was estimated at $4 million in 2022, according to a recent report issued on Sunday by the Cabinet’s Information and Decision Support Center (IDSC).

 

The report anticipates the market to grow at a compound annual rate of 36.9 percent between 2022 and 2030, reaching $52 million.

 

Egypt is witnessing rapid adoption of artificial intelligence in medical imaging across various regions of the country. Healthcare providers in Cairo, Alexandria, Upper Egypt, and the Red Sea Governorate are employing AI-based medical imaging technologies for various applications, such as automated analysis of medical images, improving diagnostic accuracy, and reducing the time required for diagnosis.

 

Additionally, the Egyptian government is actively promoting innovation in healthcare and providing support to healthcare providers for the implementation of AI-based medical imaging technologies.

 

The report highlights the expectation that the information technology services market in Egypt will grow at a compound annual growth rate of 10.4 percent until the end of 2029.