Press release
Healthcare Artificial Intelligence Market Moderate To High Threat of New Entrants 2025 IBM Corporation, NVIDIA Corporation, Microsoft, iCarbonX, Next IT Corp., CloudMedx Inc., Atomwise Inc., Zephyr Health Inc., Deep Genomics Inc., and Medtronic
Artificial intelligence has revolutionized the healthcare industry by designing treatment plans, medication management, assisting in repetitive tasks, and drug discovery. Increasing adoption of precision medicine has made enabled simplicity of management and cost reduction. Increasing application in genomics research coupled with incremental innovation in robotic personal digital assistants boost industry growth.The Healthcare Artificial Intelligence Market report is a combination of qualitative as well as quantitative analysis which can be broken down into 40% and 60% respectively. Market estimation and forecasts are presented in the report for the overall global market from 2019 – 2025, considering 2019 as the base year and 2019 – 2025 forecast period. Global estimation is further broken down by segments and geographies such as North America, Europe, Asia-Pacific, Middle East & Africa and South America covering major 16 countries across the mentioned regions.
"Artificial intelligence (AI) is creation of unique systems using algorithms and software that can perform certain tasks without human intervention and instructions. Artificial intelligence comprises integration of several technologies such as machine learning, natural language processing, reasoning, and perception. Artificial intelligence is used in healthcare for approximation of human cognition and analysis of complex medical and diagnostic imaging data."
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The global healthcare artificial intelligence market is segmented on the basis of offering, technology, application and end user. The offering segment includes, hardware, software and services. Based on technology, the healthcare artificial intelligence market is segmented as, deep learning, querying method, natural language processing and context aware processing. Based on application, the healthcare artificial intelligence market is segmented as, robot-assisted surgery, virtual nursing assistant, administrative workflow assistance, fraud detection, dosage error reduction, clinical trial participant identifier, preliminary diagnosis, and others. Based on end user, the healthcare artificial intelligence market is classified into, healthcare provider, pharmaceutical & Biotechnology Company, patient, and payer.
Key questions answered in the report include
• What will the market size and the growth rate be in 2025?
• What are the key factors driving the global Healthcare Artificial Intelligence market?
• What are the key market trends impacting the growth of the Healthcare Artificial Intelligence market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?
Major Factors about the Report:
• Global Healthcare Artificial Intelligence Market Overview
• Economic Impact on Market
• Market Competition
• Global Healthcare Artificial Intelligence Market Analysis by Application
• Industrial Chain, Sourcing Strategy and Downstream Buyers
• Marketing Strategy Analysis, Distributors/Traders
• Global Market Effect, Factors, Analysis
• Global Market Forecast
Global Healthcare Artificial Intelligence Market - By Geography
North America
U.S.
Canada
Mexico
Europe
UK
Germany
France
Asia Pacific (APAC)
Japan
China
India
Middle East & Africa (MEA)
U.A.E
Saudi Arabia
South Africa
South and Central America (SCAM)
Brazil
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The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global healthcare artificial intelligence market based offering, technology, application and end user. It also provides market size and forecast till 2025 for overall Healthcare Artificial intelligence market with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 13 counties globally along with current trend and opportunities prevailing in the region.
North America is expected to be the largest and fastest-growing region in healthcare artificial intelligence market during the forecast period. The regulatory mandates for the use of Electronic Health Records (EHR), increasing focus on precision medicine, and strong presence of leading companies engaged in developing AI solutions for healthcare, and huge number of cross-industry collaborations and growing investments in the field of AI in healthcare are driving the growth of the market in North America.
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