Global Healthcare Artificial Intelligence (AI) Market is accounted for $0.95 billion in 2017 and is expected to reach $19.25 billion by 2026 growing at a CAGR of 39.7% during the forecast period. Rising applications of artificial intelligence and advancements in data analytics are some of the factors fueling the market growth. However, high capital requirement is hindering the market growth.
On the basis of End User, Hospital & Diagnostic Centers has witnessing the significant growth during the forecast period due to rising implementation of artificial intelligence technology for collection of data of patient to support decision making in hospital workflow has considerably enhanced outcomes, reduced wait times and costs are some of the factors fueling the market growth.
Some of the key players profiled in the Healthcare Artificial Intelligence (AI) Market include Zebra Medical Vision Ltd, Sophia Genetics, Enlitic, Inc., Butterfly Network, Inc, Cyrcadia Health Inc., IBM (Watson Health), iCarbonX, Insilico Medicine, Inc., Lifegraph, Welltok, AiCure, APIXIO, Inc. and Atomwise, Inc.
Based on geography, Asia Pacific holds the largest market share during the forecast period due to increasing R&D expenditure, developments in pharmaceutical and biotechnology sectors, existence of huge patient pool will generate demand for improved healthcare services and growing disposable income are some of the factors driving the market growth in this region.
• Natural Language Processing
• Querying Method
• Machine Learning
• Context Aware Processing
• Deep Learning
• Hospital workflow
• Virtual Assistants
• Medical Imaging & diagnosis
• Therapy planning
• Drug discovery
• Robot-assisted Surgery
• Dosage Error Reduction
• Clinical Trial Participant Identifier
• Automated Image Diagnosis
• Fraud Detection
End Users Covered:
• Academic & Research Laboratories
• Hospital & Diagnostic Centers
• Pharmaceutical & Biotechnology Companies
The outlook of the Healthcare Artificial Intelligence (AI) market results on a regional level, thus covering major regions of North America, Latin America, Asia Pacific, Europe, and the Middle East & Africa. The various contributors involved in the value chain of the Healthcare Artificial Intelligence (AI) market include manufacturers, suppliers, distributors, intermediaries, and customers.
What our report offers:
– Market share assessments for the regional and country level segments
– Strategic recommendations for the new entrants
– Market forecasts for a minimum of 9 years of all the mentioned segments, sub segments and the regional markets
– Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
– Strategic analysis: Drivers and Constraints, Product/Technology Analysis, Porter’s five forces analysis, SWOT analysis etc.
– Strategic recommendations in key business segments based on the market estimations
– Competitive landscaping mapping the key common trends
– Company profiling with detailed strategies, financials, and recent developments
– Supply chain trends mapping the latest technological advancements
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