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+48% CAGR projection in Artificial Intelligence in Medicine market with evaluates challenges, descriptive analysis of the sales pricing models and the sales figures of this global industry

08-23-2018 10:41 AM CET | IT, New Media & Software

Press release from: qyreports

+48% CAGR projection in Artificial Intelligence in Medicine

The report focuses on global major leading industry players with information such as company profiles, product picture and specifications, sales, market share and contact information. Artificial intelligence (AI) in medicine is used to analyze complex medical data by approximating human cognition with the help of algorithms and software. The development of novel pharmaceuticals and biologicals through clinical trials can take more than a decade and cost billions of dollars during that tenure period. AI technology can help to make this process faster and cheaper, which in turn is expected to help improve the efficiency of pharmaceutical and biotechnology companies.

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The global artificial intelligence in medicines market was valued at $719 million in 2017 and is estimated to reach $18,119 million at a CAGR of +48% from 2018 to 2023.

With increasing popularity of smart technology these days, Artificial Intelligence in Medicine have thus become prominent creators of digital information. The major factors that drive the growth of the AI in medicine market include dearth of skilled healthcare professionals and increase in the processing power of AI systems that is estimated to help improve the efficiency of drug discovery and management of clinical trials. In addition, the growth in importance of precision medicine and rise in funding for the R&D activities of the use of AI technology in the field of medicine are anticipated to help boost the market growth.

The key players operating in the global artificial intelligence in medicine market include Welltok, Inc., Intel Corporation, Nvidia Corporation, Google Inc., IBM Corporation, Microsoft Corporation, General Vision, Inc., Enlitic, Inc., BioXcel Corporation, and Berg Health.

Other prominent players in the value chain include InSilico Medicine, Inc., Globavir Biosciences, Inc., GNS Healthcare, Flatiron Health, Benevolent AI, Atomwise, Verge Genomics, Cloud Pharmaceuticals, and Recursion Pharmaceuticals.

The report offers a comprehensive evaluation of the market. It does so via in-depth insights, understanding market evolution by tracking historical developments, and analyzing the present scenario and future projections based on optimistic and likely scenarios. Each research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology developments, types, applications, and the competitive landscape.

This Artificial Intelligence in Medicine market report provides comprehensive analysis of

Key market segments and sub-segments

Evolving market trends and dynamics

Changing supply and demand scenarios

Quantifying market opportunities through market sizing and market forecasting

Tracking current trends/opportunities/challenges

Competitive insights

Opportunity mapping in terms of technological breakthroughs

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Table of Content:

Artificial Intelligence in Medicine Market Research Report 2018-2023

Chapter 1: Artificial Intelligence in Medicine Market Overview   

Chapter 2: Global Economic Impact on Industry   

Chapter 3: Market Competition by Manufacturers 

Chapter 4: Production, Revenue (Value) by Region

Chapter 5: Supply (Production), Consumption, Export, Import by Regions 

Chapter 6: Production, Revenue (Value), Price Trend by Type   

Chapter 7: Artificial Intelligence in Medicine Market Analysis by Application   

Chapter 8: Manufacturing Cost Analysis   

Chapter 9: Industrial Chain, Sourcing Strategy and Downstream Buyers   

Chapter 10: Marketing Strategy Analysis, Distributors/Traders 

Chapter 11: Market Effect Factors Analysis   

Chapter 12: Artificial Intelligence in Medicine Market Forecast

To get more information and Enquiry: http://qyreports.com/enquiry-before-buying?report-id=93102

About QYReports:
We at, QYReports , a leading market research report publisher accommodate more than 4,000 celebrated clients worldwide putting them at advantage in today’s competitive world with our understanding of research. Our list of customers include prestigious Chinese companies, multinational companies, SME's and private equity firms whom we have helped grow and sustain with our fact-based research. Our business study covers a market size of over 30 industries offering unfailing insights into analysis to reimagine your business. We specialize in forecasts needed for investing in a new project, to revolutionize your business, to become more customer centric and improve the quality of output.

QYReports
Jones John
(Sales Manager)
+91-9764607607
sales@qyreports.com
www.qyreports.com

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