Healthcare Artificial Intelligence, How Does Technology Works? And Covers Leading Company Strageties and Recent Market Updates | Leading Giants like: IBM, Intel, CloudMedx, Imagia Cybernetics, Precision Health AI, Cloud Pharmaceuticals amoung Others

Growing application of artificial intelligence in the field of drug discovery, medical imaging industry, precision medicine and genomics coupled with increasing personalized treatments customized to an individual patient’s requirement will drive the global market. Rising demand for artificial intelligence technology to perform data mining and accelerate the speed of healthcare delivery services, emergence of novel and promising applications for disease diagnosis and monitoring will further augment the market growth in forthcoming years.

According to the latest market research report, the artificial intelligence in healthcare market is estimated to be valued at USD 2.1 billion in 2018 and is expected to reach USD 36.1 billion by 2025, at a CAGR of 50.2% from 2018 to 2025.

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Healthcare Artificial Intelligence Market, By Application

Drug discovery segment accounted for USD 345.0 million in 2018 and is anticipated to have significant growth during the forecast timeframe. Drug discovery is one of the recent applications of artificial intelligence that has transformed drug discovery process and can be used to cut the cost of production for new drug development. Astra Zeneca recently entered into collaboration with Berg, a Boston based specialist in artificial intelligence for drug discovery. Such ongoing initiatives from industry players are bound to have positive impact on industry growth.

Hospital workflow segment held considerable revenue share in 2018 and is anticipated to witness 40.6% CAGR during the forecast period. Increasing adoption of artificial intelligence technology for collection of data of patient to support decision making in hospital workflow has significantly improved outcomes, reduced wait times and costs that will enhance segmental growth in forthcoming years.

Healthcare Artificial Intelligence Market, By Region:

North America healthcare artificial intelligence market dominated the global market with USD 653.9 million in 2018 and is anticipated to show similar trend over the forthcoming years. High regional growth is attributed to massive adoption of HCIT solutions and increasing focus on population health management. Moreover, various government initiatives and funding in North America are focusing on encouraging the growth of healthcare artificial intelligence market.

Asia Pacific healthcare artificial intelligence market will witness lucrative growth of 44.4% over the forecast period due to rising R&D expenditure, developments in pharmaceutical and biotechnology sectors. Additionally, presence of large patient pool will trigger demand for better healthcare services, developing healthcare infrastructure and rising disposable income will further support Asia Pacific healthcare artificial intelligence market growth.

North America Leads AI In Healthcare Market In Terms of Value:

North America to account for the largest size of the AI in healthcare market throughout the forecast period. The wide-scale adoption of AI technologies across the continuum of care, especially in the US, is the key factor supporting the growth of the AI in healthcare market in this region. In addition, the strong presence of key AI hardware and software providers, such as NVIDIA (US), Intel (US), Xilinx (US), Microsoft (US), AWS (US), Google (US), IBM (US), Johnson and Johnson (US), and GE (US), is complementing the growth of the AI in healthcare market in the region.

AI In Healthcare Market For Software To Hold Largest Market During Forecast Period:

The AI in healthcare market for software segment is expected to hold the largest market from 2018 to 2023. Growing adoption of AI solutions and platforms among healthcare providers and healthcare payers is the prime factor driving the growth of the software segment. The software is developed using AI technologies, such as machine learning, natural language processing, and deep learning. In most cases, the software can run in the existing system without any additional requirement for specific hardware.

Competitor’s Landscape:

The major companies profiled in this report are NVIDIA (US), Intel (US), IBM (US), Google (US), Microsoft (US), AWS (US), General Vision (US), GE Healthcare (US), Siemens Healthineers (Germany), Medtronic plc (US). The market has active participation of start-ups. A few emerging companies in the market are CloudMedx (US), Imagia Cybernetics (Canada), Precision Health AI (US), and Cloud Pharmaceuticals (US).

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Table of Contents:
Global Healthcare Artificial Intelligence Industry, 2018 Market Research Report

Chapter One Introduction of Healthcare Artificial Intelligence Industry
Chapter Two Manufacturing Technology of Healthcare Artificial Intelligence
Chapter Three Analysis of Global Key Manufacturers
3.1 NVIDIA (US)
3.1.1 Company Profile
3.1.2 Product Information
3.1.3 2013-2018 Production Information
3.1.4 Contact Information
3.2 Intel (US)
3.2.1 Company Profile
3.2.2 Product Information
3.2.3 2013-2018 Production Information
3.2.4 Contact Information
3.3 IBM (US)
3.2.1 Company Profile
3.3.2 Product Information
3.3.3 2013-2018 Production Information
3.3.4 Contact Information
3.4 Google (US)
3.4.1 Company Profile
3.4.2 Product Information
3.4.3 2013-2018 Production Information
3.4.4 Contact Information
3.5 Microsoft (US)
3.5.1 Company Profile
3.5.2 Product Information
3.5.3 2013-2018 Production Information
3.5.4 Contact Information
3.6 AWS (US)
3.6.1 Company Profile
3.6.2 Product Information
... and so on.
Chapter Four 2013-2018 Global and Chinese Market of Healthcare Artificial Intelligence
Chapter Five Market Status of Healthcare Artificial Intelligence Industry
Chapter Six 2018-2023 Market Forecast of Global and Chinese Healthcare Artificial Intelligence Industry
Chapter Seven Analysis of Healthcare Artificial Intelligence Industry Chain
Chapter Eight Global and Chinese Economic Impact on Healthcare Artificial Intelligence Industry
Chapter Nine Market Dynamics of Healthcare Artificial Intelligence Industry
Chapter Ten Proposals for New Project
Chapter Eleven Research Conclusions of Global and Chinese Healthcare Artificial Intelligence Industry

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