Press release
GLOBAL ARTIFICIAL INTELLIGENCE IN MEDICINE MARKET TOP KEY PLAYERS ARE GOOGLE,IBM,MICROSOFT,INTEL,BAIDU
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End User/Technology
Python is used for making AI for a wide range of uses like General AI, Machine Learning,Natural Language Processing and Neural Networks.There are 10 most demanded AI technologies.They are Natural Language Generation-used to produce text from large data set.Speech Recognition is used to convert human speech into actionable data of the computer.Virtual agents like chatbots and smart home system are being widely usedMachine Learning Platforms to deploy models.
Market Dynamics
The growing patient pool,adoption of cloud computing and government initiatives favouring AI.Label problem,deployment problem and fear around regulation are three main issues when incorporating AI in medicine. There are instances where, the AI is unable to detect the correct course of life-saving treatment, although such a treatment would have been deployed, had a human been in charge. With the aid of deep learning, efforts are going on to get insights from large volumes of data and put them to practical use.
Market segmentation
Based on technology:
Machine Learning
Natural Language Processing
Image Processing
Speech Recognition
Based on geography
Asia-Pacific
Europe
North America
Rest of The World
Based onApplication
Government and Defence
Therapeutics
Research and Development
Others
Regional/Geographic Analysis
Asia-Pacific artificial intelligence market is to grow at a CAGR of 46% from 2016 to 2022.The two biggest economies-China and India are growing very fast.Coupled with the rise in income of middle-class and affordable internet via smartphones, they are embracing AI in medicine. In the US,GE and Nvidia have joined hands to accelerate the use of Artificial Intelligence in Medicine market.Nuance communications have also opened a medical imaging with AI called Nuance AI Marketplace for Diagnostic Imaging. A majority of GCC countries are willing to replace doctors with AI and robots. Clinical workforce shortage and Tech savvy young population are the reasons for this change.
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Key Players
Google,IBM,Microsoft,Intel,Baidu
Report ContentsRegional AnalysisReport Highlights
Market segments
Market Drivers, Restraints and Opportunities
Market Size & Forecast 2016 to 2022
Supply & Demand Value Chain
Market - Current Trends
Competition & Major Companies
Technology and R&D Status
Porters Five Force Analysis
Strategic and Critical Success Factor Analysis of Key Players
North America
US and Canada
Latin America
Mexico, Brazil, Argentina and Rest of Latin America
Western Europe
EU5 (Germany, France, Italy, Spain, U.K.)
Nordic Countries (Denmark, Finland, Norway, and Sweden)
Benelux (Belgium, The Netherlands, and Luxembourg)
Rest of Western Europe
Eastern Europe
Russia
Poland
Rest of Eastern Europe
Asia Pacific
China
India
Japan
Australia and New Zealand
Rest of Asia Pacific
Middle East and Africa
GCC countries (Saudi Arabia, Oman, Qatar, Bahrain, UAE and Kuwait)
South Africa
North Africa
Rest of Middle East and Africa
This report is an elaborate aggregation of primary inputs from industry experts and participants across the supply chain. It provides details on market segmentation which is derived from several product mapping exercises, macroeconomic parameters and other qualitative and quantitative insights. The impact of all such factors is delivered across multiple market segments and geographies.
Detailed Historical Overview (Market Origins, Product Launch Timeline, etc.)
Consumer and Pricing Analysis
Market dynamics of the industry
Market Segmentation
Estimated Market Sizing in terms of volume and value
Recent trends in Market and impact
Research Status and Technology Overview
Extensive Industry Structure Coverage
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About Kenneth Research
Kenneth Research is a reselling agency providing market research solutions in different verticals such as Automotive and Transportation, Chemicals and Materials, Healthcare, Food & Beverage and Consumer Packaged Goods, Semiconductors, Electronics & ICT, Packaging, and Others. Our portfolio includes set of market research insights such as market sizing and market forecasting, market share analysis and key positioning of the players (manufacturers, deals and distributors, etc), understanding the competitive landscape and their business at a ground level and many more. Our research experts deliver the offerings efficiently and effectively within a stipulated time. The market study provided by Kenneth Research helps the Industry veterans/investors to think and to act wisely in their overall strategy formulation
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