Switzerland Artificial Intelligence (AI) in Diagnostics Market Analysis

Switzerland Artificial Intelligence (AI) in Diagnostics Market Analysis

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Switzerland's Artificial Intelligence (AI) in the diagnostics market is projected to grow from $xx Bn in 2022 to $xx Bn by 2030, registering a CAGR of xx% during the forecast period of 2022-30. The market will be driven by the country's strong emphasis on innovation and research and development and its already existing robust healthcare infrastructure. The market is segmented by component & by diagnosis. Some of the major players include IBM Watson Health, Siemens Healthineers & Altoida.

ID: IN10CHDH002 CATEGORY: Digital Health GEOGRAPHY: Switzerland AUTHOR: Vidhi Upadhyay

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Switzerland Artificial Intelligence (AI) in Diagnostics Market Executive Summary

Switzerland's Artificial Intelligence (AI) in the diagnostics market is projected to grow from $xx Bn in 2022 to $xx Bn by 2030, registering a CAGR of xx% during the forecast period of 2022 - 2030. Healthcare in Switzerland is universal and is controlled by the Swiss Federal Law on Health Insurance. There are no free state-provided health services, however, private health insurance is necessary for all citizens residing in Switzerland. According to the OECD, Swiss healthcare spending will reach 11.9% of GDP in 2020, with per capita spending on healthcare greater than in any other European country. In 2020, the major causes of mortality in Switzerland were noncommunicable diseases such as cardiovascular disease (26.9%) and cancer (22.2%).

Switzerland has been a pioneer in the application of Artificial Intelligence (AI) in diagnostics. The government places a high value on innovation, and the healthcare industry has been fast to embrace new digital technology. Radiology is an important field of use for AI in diagnosis. The Swiss healthcare system has started analyzing medical imaging such as X-rays, CT scans, and MRI scans using AI-based software. AI algorithms can interpret pictures quicker and more correctly than human radiologists, enabling more accurate and timely diagnoses.

In November 2021, Ibex Medical Analytics, the innovator in AI-powered cancer diagnostics, and Kantonsspital Baselland, a healthcare provider in Northwestern Switzerland, announced the first Swiss installation of an AI system to assist pathologists with a routine cancer diagnosis. Moreover, in March 2022, Katalysen Ventures formed an alliance as a venture developer with Swiss digital medtech firm Med4Cast to promote the use of ai in medical diagnostics.

Market Dynamics

Market Growth Drivers

The government has a national policy for healthcare digitization, which includes an emphasis on AI applications. Moreover, the Swiss Innovation Agency (Innosuisse) has funded research initiatives that investigate the application of AI in diagnostics. The country's strong emphasis on innovation and research and development is a fundamental driver of the rise of AI in diagnostics in Switzerland. The Swiss Federal Institute of Technology (ETH) and the University of Zurich are two institutions that are actively studying AI applications in diagnostics. The modern healthcare infrastructure in Switzerland is another driver of the expansion of AI in diagnostics. Switzerland's private healthcare industry is technologically competent and substantially invests in new technologies. This has helped to stimulate innovation in the AI diagnostic sector by creating an ecosystem in which AI businesses may thrive.

Market Restraints

One of the most significant issues is the lack of regulatory certainty. In Switzerland, there is presently no complete legislative framework for artificial intelligence in healthcare, and there are doubts regarding the ethical and legal consequences of utilizing AI in diagnosis. Concerns about data privacy are another issue. The collection and processing of medical data are very sensitive, and rigorous data protection procedures are required to preserve patient privacy and security.

Competitive Landscape

Key Players

  • GE Healthcare
  • IBM Watson Health
  • Siemens Healthineers
  • Philips Healthcare
  • Google Health
  • AliveCor, Inc.
  • Ibex Medical Analytics
  • Altoida (CHE)
  • Scailyte (CHE)
  • b-rayZ (CHE)

Notable Deals

  1. February 2023, GE HealthCare to Acquire Caption Health The acquisition adds AI-enabled image guiding to the ultrasound device portfolios of GE HealthCare's $3 billion Ultrasound division
  2. November 2022, During RSNA 2022, Philips promotes AI-powered diagnostic technologies and transformational workflow solutions

Healthcare Policies and Regulatory Landscape and Reimbursement Scenario

The Federal Office of Public Health (FOPH) in Switzerland is in charge of monitoring the use of medical equipment, particularly AI-based diagnostic tools. The FOPH reviews medical devices based on their safety, performance, and efficacy, and if they fulfill the standards, they are assigned a "Swissmedic" registration number.

In terms of reimbursement, the Swiss healthcare system is based on a mandated health insurance system, with all citizens having to have basic health insurance. The Federal Office of Insurance (FOI) is in charge of establishing whether medical treatments and procedures, including diagnostic tests, are cost-effective and should be covered by mandated health insurance.

1. Executive Summary
1.1 Digital Health Overview
1.2 Global Scenario
1.3 Country Overview
1.4 Healthcare Scenario in Country
1.5 Digital Health Policy in Country
1.6 Recent Developments in the Country

2. Market Size and Forecasting
2.1 Market Size (With Excel and Methodology)
2.2 Market Segmentation (Check all Segments in Segmentation Section)

3. Market Dynamics
3.1 Market Drivers
3.2 Market Restraints

4. Competitive Landscape
4.1 Major Market Share

4.2 Key Company Profile (Check all Companies in the Summary Section)

4.2.1 Company Overview Product Applications and Services Recent Developments Partnerships Ecosystem Financials (Based on Availability)

5. Reimbursement Scenario
5.1 Reimbursement Regulation
5.2 Reimbursement Process for Diagnosis
5.3 Reimbursement Process for Treatment

6. Methodology and Scope

Artificial Intelligence (AI) in Diagnostics Market Segmentation

  • By Component Outlook Type (Revenue, USD Billion):
    • Software
    • Hardware
    • Services
  • By Diagnosis Outlook Type (Revenue, USD Billion):
    • Cardiology
    • Oncology
    • Pathology 
    • Radiology
    • Chest and Lung
    • Neurology
    • Others

Insights10 will provide you with the reports within 10 key parameters which are:

  1. Market Overview
  2. Market Growth Drivers & Restraints
  3. Epidemiology of Disease Type
  4. Market Segmentation
  5. Market Share
  6. Competitive Landscape
  7. Key Company Profiles
  8. Healthcare Policies & Regulatory Framework
  9. Reimbursement Scenario
  10. Factors Driving Future Growth

Based on our many years of experience, we believe that these are the parameters that are critical to decision-making for business stakeholders. Our focused approach to developing reports focused on 10 key parameters, enabled us to arrive at the name “Insights10”.


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The study on the market covers the analysis of the leading geographies such as Asia-Pacific, Africa, Europe, Middle East, North America, and  Latin America for the period of 2022 to 2030. The qualitative analysis covers the industry landscape and trends, market opportunities, competitive landscape, and policy and regulatory scenario, and the quantitative analysis covers different market estimates and forecasts.

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Stage III: Interpretation and Presentation

Analysis & Interpretation: The information gathered is then analyzed and synthesized. The second series of interviews are done if necessary to check and validate. The future opportunities are analyzed by understanding product commercialization and many other factors. It also comprises the analysis of data discrepancies observed across various data sources. Information procured from secondary and primary results is then, interpreted by considering the following parameters: (a partial list)

  • Establishing market drivers and trends
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  • Market Segment based analysis to obtain revenue/volume
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The foreign exchange rates are calculated on the respective dates and for the respective regions covered in the study.

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Last updated on: 06 March 2023

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