Artificial Intelligence in Healthcare Market Analysis and Growth by Intel Corporation, Philips, Deep Genomics, Medtronic, Stryker, Recursion Pharmaceuticals, GE, Welltok, Inc., Next IT, Microsoft, NVIDIA, Google, IBM

This market research report from Artificial Intelligence in Healthcare provides a comprehensive overview of the market, taking into account different aspects of product definition, market segmentation based on different parameters and the market landscape established. The market research report of Artificial Intelligence in Healthcare Market also offers companies with a business profile, product specifications, production value, manufacturer contact information and market shares of the company. It also combines all-inclusive industry analysis with specific estimates and forecasts to provide maximum clarity for strategic decision-making with comprehensive research solutions. Reflecting on the competitive landscape is another important aspect of this market report. Therefore, the movements or actions of major players in the market and brands are analyzed in the Artificial Intelligence in Healthcare Market report, ranging from product development, product launch, acquisitions, mergers, joint ventures and future products to technology. For each manufacturer covered, this report analyzes their manufacturing sites, capacity, production, ex-factory price, revenue and market share in global market.

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Some of the major players of the global artificial intelligence in healthcare market are:

IBM Corporation, Google, Inc., Intel Corporation, NVIDIA Corporation, iCarbonX, Microsoft Corporation, Next IT Corp., General Vision, Inc., Welltok, Inc., Enlitic, Inc., General Electric Company, Recursion Pharmaceuticals, Stryker Corporation, Medtronic plc, Deep Genomics, Inc., Koninklijke Philips N.V., and Oncora Medical, Inc., and others.

The Global Artificial Intelligence in Healthcare Market accounted for USD 703.4 million in 2016 growing at a CAGR of 53.1% during the forecast period of 2017 to 2024.

Artificial Intelligence (AI) is defined as the science and engineering of forming intelligent computer systems that are able to perform tasks without receiving instructions directly from humans. These computer systems use a number of different algorithms and decision-making capabilities, as well as vast amounts of data, to provide a solution or response to a request. There are number of applications within healthcare where can deliver incredible value is into pharmaceutical and biotechnology companies, payers, patients, ACOS and MCOS. Increasing internet usage and connected device may act as a major driver in artificial intelligence in healthcare market. On the other hand ambiguous regulatory guidelines for medical software may hamper the market.

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4. What all challenges manufacturers will face as well as new opportunities and threats faced by them.

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Market Segmentation: Global Artificial Intelligence in Healthcare Market

The global artificial intelligence in healthcare market is segmented on the basis of technology into natural language processing (NLP), context aware processing, deep learning, querying method, and others.

The global artificial intelligence in healthcare market is also segmented on the basis of offering into hardware, software, and services. Software segment is further segmented into AI platform, solution, and others. Service segment is further segmented into deployment and integration, support and maintenance, and others.

On the basis of application the global artificial intelligence in healthcare market is segmented into patient data and risk analysis, medical imaging and diagnostics, precision medicine, drug discovery, lifestyle management & monitoring, virtual assistant, wearable, inpatient care and hospital management, research, and others.

On the basis of end user the global artificial intelligence in healthcare market is further segmented into providers, pharmaceutical and biotechnology companies, payers, patients, ACOS and MCOS.

On the basis of geography, global artificial intelligence in healthcare market report covers data points for 28 countries across multiple geographies such as North America, South America, Europe, Asia-Pacific, and Middle East & Africa. Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa, and Brazil among others. In 2017, North America is expected to dominate the market.

Report Drivers & Restraints:

• Increasing application in the field of genomics.

• Imbalance between health workforce and patients.

• Increasing internet usage and connected device.

• Significant increase in venture capital investments.

• Ambiguous regulatory guidelines for medical software.

• Reluctance among medical practitioners to adopt AI based technologies.

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