Romania Artificial Intelligence (AI) in Diagnostics Market Analysis

Romania Artificial Intelligence (AI) in Diagnostics Market Analysis


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Romania's Artificial Intelligence (AI) in the diagnostics market is projected to grow from $2.9 Mn in 2022 to $xx Mn by 2030, registering a CAGR of xx% during the forecast period of 2022-30. The market will be driven by the rising frequency of chronic illnesses and the growing demand for precise and effective diagnostic technologies. The market is segmented by component & by diagnosis. Some of the major players include IBM Watson Health, Siemens Healthineers & Xvision.

ID: IN10RODH002 CATEGORY: Digital Health GEOGRAPHY: Romania AUTHOR: Vidhi Upadhyay

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Romania Artificial Intelligence (AI) in Diagnostics Market Executive Summary

Romania's Artificial Intelligence (AI) in the diagnostics market is projected to grow from $2.9 Mn in 2022 to $xx Mn by 2030, registering a CAGR of xx% during the forecast period of 2022-30. The public sector dominates healthcare in Romania, owning the majority of hospitals and providing national health insurance to nearly all Romanian people. In 2021, the cost of healthcare in Romania was USD16.7 billion, or USD872.3 per person and 5.9 percent of GDP, making it one of the lowest per capita in the EU. Heart disease and stroke are the leading causes of death, while fatalities from several malignancies have climbed dramatically. Infectious disorders are also a major concern, with Romania having the highest prevalence of TB in the EU.

In recent years, Romania has steadily adopted and used artificial intelligence (AI) in diagnostics, prompted by the desire to enhance the accuracy, efficiency, and accessibility of healthcare services. AI is being applied in diagnostic domains such as radiology, pathology, and cardiology. AI-powered diagnostic tools are being utilized in radiology to help radiologists analyze medical pictures and spot anomalies such as tumors or fractures. Large volumes of data may be analyzed rapidly by AI algorithms, allowing radiologists to make more accurate diagnoses and improve patient outcomes. Artificial intelligence (AI) is being used to analyze electrocardiograms (ECGs) and other diagnostic procedures to aid in the diagnosis of cardiovascular conditions such as arrhythmias and coronary artery disease. Pathologists are using AI to help them analyze tissue samples and identify malignant cells. AI may dramatically shorten the time necessary to make a diagnosis by automating the study of tissue samples.

romania artificial intelligence in diagnostics market

Market Dynamics

Market Growth Drivers

The AI in the diagnostics market in Romania is predicted to develop significantly in the future years, owing to a variety of factors. The rising frequency of chronic illnesses, as well as the growing demand for precise and effective diagnostic technologies, are two important drivers. Furthermore, the government's emphasis on fostering the development of AI and digital health solutions, as well as rising investment in healthcare infrastructure, is likely to drive the AI in the diagnostics market even further.

Market Restraints

According to a new WHO/Europe research, Romania has a high rate of catastrophic healthcare expenditures when compared to other European Union (EU) nations. 12% of the country is uninsured and has access to just a few public-funded health facilities. To get NHIH benefits, users must pay health insurance payments, which some low-income people cannot afford. Some restrictions, such as a lack of legislative clarity and data privacy concerns are also predicted to impede the adoption of AI-based diagnostics. Furthermore, there may be issues with the availability of qualified personnel as well as the high costs associated with establishing and maintaining AI-based systems.

Competitive Landscape

Key Players

  • GE Healthcare
  • IBM Watson Health
  • Siemens Healthineers
  • Philips Healthcare
  • Google Health
  • AliveCor, Inc.
  • Xvision (ROU)
  • Synaptiq (ROU)
  • Artificial Intelligence Expert (ROU)

Healthcare Policies and Regulatory Landscape

The National Agency for Medicines and Medical Devices (NAMMD), a state entity reporting to the Ministry of Health, oversees access to medical devices in Romania. Medical equipment must bear the CE mark in order to be sold in Romania. The inclusion of the medical device in NAMMD's National Database of Medical Devices is an extra registration step.

NAMMD must provide authorization to businesses engaged in the manufacture, import, wholesale distribution, and retail distribution.

Reimbursement Scenario

In Romania, NHIH stands for National Health Insurance House (Casa Națională de Asigurări de Sănătate or CNAS). It is a state entity in charge of overseeing the national health insurance system and delivering healthcare to Romanians. The NHIH is in charge of a variety of duties, including administering the national health insurance fund, determining reimbursement rates for medical services, authorizing and supervising healthcare providers, and ensuring that all insured people have access to medical services.

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
4.2.1.1 Overview
4.2.1.2 Product Applications and Services
4.2.1.3 Recent Developments
4.2.1.4 Partnerships Ecosystem
4.2.1.5 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

Methodology for Database Creation

Our database offers a comprehensive list of healthcare centers, meticulously curated to provide detailed information on a wide range of specialties and services. It includes top-tier hospitals, clinics, and diagnostic facilities across 30 countries and 24 specialties, ensuring users can find the healthcare services they need.​

Additionally, we provide a comprehensive list of Key Opinion Leaders (KOLs) based on your requirements. Our curated list captures various crucial aspects of the KOLs, offering more than just general information. Whether you're looking to boost brand awareness, drive engagement, or launch a new product, our extensive list of KOLs ensures you have the right experts by your side. Covering 30 countries and 36 specialties, our database guarantees access to the best KOLs in the healthcare industry, supporting strategic decisions and enhancing your initiatives.

How Do We Get It?

Our database is created and maintained through a combination of secondary and primary research methodologies.

1. Secondary Research

With many years of experience in the healthcare field, we have our own rich proprietary data from various past projects. This historical data serves as the foundation for our database. Our continuous process of gathering data involves:

  • Analyzing historical proprietary data collected from multiple projects.
  • Regularly updating our existing data sets with new findings and trends.
  • Ensuring data consistency and accuracy through rigorous validation processes.

With extensive experience in the field, we have developed a proprietary GenAI-based technology that is uniquely tailored to our organization. This advanced technology enables us to scan a wide array of relevant information sources across the internet. Our data-gathering process includes:

  • Searching through academic conferences, published research, citations, and social media platforms
  • Collecting and compiling diverse data to build a comprehensive and detailed database
  • Continuously updating our database with new information to ensure its relevance and accuracy

2. Primary Research

To complement and validate our secondary data, we engage in primary research through local tie-ups and partnerships. This process involves:

  • Collaborating with local healthcare providers, hospitals, and clinics to gather real-time data.
  • Conducting surveys, interviews, and field studies to collect fresh data directly from the source.
  • Continuously refreshing our database to ensure that the information remains current and reliable.
  • Validating secondary data through cross-referencing with primary data to ensure accuracy and relevance.

Combining Secondary and Primary Research

By integrating both secondary and primary research methodologies, we ensure that our database is comprehensive, accurate, and up-to-date. The combined process involves:

  • Merging historical data from secondary research with real-time data from primary research.
  • Conducting thorough data validation and cleansing to remove inconsistencies and errors.
  • Organizing data into a structured format that is easily accessible and usable for various applications.
  • Continuously monitoring and updating the database to reflect the latest developments and trends in the healthcare field.

Through this meticulous process, we create a final database tailored to each region and domain within the healthcare industry. This approach ensures that our clients receive reliable and relevant data, empowering them to make informed decisions and drive innovation in their respective fields.

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The rising frequency of chronic illnesses and the growing demand for precise and effective diagnostic technologies are the two major drivers of Artificial Intelligence (AI) In the diagnostics market in Romania.

IBM Watson Health, Siemens Healthineers, Philips Healthcare, GE Healthcare, Google Health, AliveCor, Inc., Xvision, Synaptiq & Artificial Intelligence Expert are the major players in the Artificial Intelligence (AI) In Diagnostics market in Romania.

Artificial Intelligence (AI) in the diagnostics market in Romania is segmented by component and by diagnosis.


Last updated on: 16 January 2024
Updated by: Dhruv Joshi

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