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Huge Growth of 44% CAGR for Artificial Intelligence in Medicine Market to Reach USD 6,000 Million by 2022 with Leading Companies - AiCure, Atomwise, Cyrcadia Health, IBM Watson Health, Lifegraph, Modernizing Medicine

02-13-2019 06:56 PM CET | Health & Medicine

Press release from: It Intelligence Markets

Huge Growth of 44% CAGR for Artificial Intelligence in Medicine

So far, medicine is the only field wherein, irrespective of all the technological advancements, most processes are still controlled manually. AI can make possible a medical imaging device that not just performs imaging but can also identify any abnormalities in the medical images and identify the target indication without ever needing a radiologist. When AI is integrated into medical solutions, it is known as AI in Medicine.

The statistical data of Artificial Intelligence in Medicine market has recently added by IT Intelligence Markets to its massive repository. It offers the continual advancements in technologies which helps to understand the platform for the development of the businesses. It offers numerous strategies for boosting the performance of the companies. Both primary and secondary research techniques carried out to find solutions to different issues faced by various stakeholders.

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Some of the leading players in the market are:

• AiCure
• Atomwise
• Cyrcadia Health
• IBM Watson Health
• Lifegraph
• Modernizing Medicine
• Sensely
• Zebra Medical Vision etc.

Some factors contributing to the growth of the market are:

• Ability of AI-enabled medical solutions to reduce workload
• Increased patient safety
• Huge cost savings associated with use of AI
• Increasing spectrum of applications
• Restraints

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Opportunities and Challenges

Technology/product simplification is currently a huge opportunity in this market, while the lack of autonomously deployable systems is the major challenge faced by this market.

The AI in medicine market has been segmented on the basis of area of application into medical imaging and diagnostics, wearables, health and lifestyle management, healthcare biotech, insights and risk management, emergency room and hospital monitoring, drug discovery, mental health, virtual assistants and nutrition. Based on geography, this market has been segmented into North America (the United States and Canada), Europe (the United Kingdom, Germany, France, Italy, and Spain), and Asia-Pacific (APAC) (China, Japan, India, Australia and South Korea).

Moreover, it includes different case studies from various industry experts which helps to understand the market clearly. Apart from this, it offers planning and management techniques which tells how to use resources effectively for increasing the profitability in the businesses. Focused market research key pillars such drivers and restraining factors helps to understand the ups-downs stages of the businesses. This report will helps to identify the demands of the clients. It also offers a numerous approaches for increasing the sale of the companies.

This statistical surveying research study presents an all-inclusive evaluation of the worldwide market for Artificial Intelligence in Medicine, taking various industry parameters, such as the capacity of production, product pricing, demand, supply, and sales dynamics, returns on investments, and the growth rate of the overall market into consideration.

The prime objective of this research report is to provide a deep insight into the global market for Artificial Intelligence in Medicine to the key market participants and assist them in making rewarding strategies to gain an edge over competitors.

To know more about this report, click here at https://www.itintelligencemarkets.com/enquiry_before_buying.php?id=1422

About Company:
We at IT Intelligence Markets conduct intensive market research and generate detailed reports about the products and services offered in the IT domain. Our team is devoted to providing custom reports that are taylor-made to suit the customer’s requirements. We make sure to keep our customers updated with the latest market dynamics as IT industry is undergoing sea change intrinsically & extrinsically by forces such as regulatory fluctuations, rapidly evolving consumer preferences, and newer technologies. Not only do our market research analysts scrutinize market requirements but also track competitors relentlessly for obtaining the most updated scenario of the market.

Contact:
IT Intelligence Markets
Vijay Tanna
(Sales Manager)
+91-740-024-2424
sales@itintelligencemarkets.com
www.itintelligencemarkets.com

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