openPR Logo
Press release

Artificial Intelligence in Medicine Market 2018 to 2025 Emerging Trends by Global Key Player Analysis – Welltok, Inc., Intel Corporation, Nvidia Corporation, Google Inc., IBM Corporation, Microsoft Corporation and more

06-18-2019 09:05 AM CET | Health & Medicine

Press release from: Allied Market Research

/ PR Agency: Allied Market Research
Artificial Intelligence in Medicine Market

Artificial Intelligence in Medicine Market

According to the latest report by Allied Market Research, the global artificial intelligence in medicine market is anticipated to grow at a CAGR of 49.6% from 2018 to 2025, driven by ever-increasing AI capabilities and a lack of skilled professionals in healthcare. However, sluggish acceptance of AI by healthcare professionals and the inability of AI in decision making hampers market growth. Deep learning methods in AI are expected to rise in the near future, as they facilitate enhanced functioning of several AI protocols such as signal reduction, data mining, and image recognition.

Allied Market Research recently published a report, titled, “Artificial Intelligence in Medicine Market by Product Type (Hardware, Software, and Services), Technology (Deep Learning, Querying Method, Natural Language Processing, and Context Aware Processing), and Application (Drug Discovery & Repurposing, Clinical Research Trial, Personalized Medicine, and Others) - Global Opportunity Analysis and Industry Forecast, 2018-2025”. According to the report, the global artificial intelligence in medicine market accounted for $719 million in 2017 and is anticipated to reach $18.12 billion by 2025, registering a CAGR of 49.6% during the forecast period.

Download PDF Report Sample with statistical info @ https://www.alliedmarketresearch.com/request-sample/4749

Growth Drivers and Industry Trends
The growth of the global artificial intelligence (AI) in medicine market is driven by the surge in AI capabilities due to increase in processing power, the need to compensate for the lack of skilled professionals in healthcare, and growing awareness regarding the importance of personalized medicine. However, limitations of AI in critical decision making and slow acceptance of AI by healthcare professionals impede market growth. Nonetheless, the increase in adoption of AI technology in developing countries would provide lucrative opportunities to emerging market players in the near future.

Segmentation Analysis of the Industry
Based on product type, the software segment dominated the global market in 2017 on account of perpetual software innovation that feeds the requirement of the healthcare sector. However, in the forecast period, the hardware segment is expected to witness the fastest growth. Based on technology, the natural language processing segment generated the highest revenue in 2017 and is expected to continue dominance through 2025. However, the deep learning segment is projected to grow at the fastest rate, as it enhances integral components of AI protocols like signal reduction, data mining, and image recognition.

Make an Enquiry for Promocode Of Discounted Price: @ https://www.alliedmarketresearch.com/purchase-enquiry/4749

Based on application, the personalized medicine segment is anticipated to encounter the fastest growth rate during the forecast period. By region, North America occupied the largest share in 2017 due to the easy availability of capital investment for implementing AI in drug discovery and the rise in adoption of AI technology by biotechnology and pharmaceutical companies. However, Asia-Pacific is projected to grow at the fastest CAGR of 55.0% from 2018 to 2025, due to growth in healthcare expenditure and rise in the R&D activities for advancement in AI technology.

Industry Key Players
The key players analyzed in the report include Welltok, Inc., Intel Corporation, Nvidia Corporation, Google Inc., IBM Corporation, Microsoft Corporation, General Vision, Inc., Enlitic, Inc., BioXcel Corporation, and Berg Health.

Access Full info @ https://www.linkedin.com/pulse/artificial-intelligence-medicine-market-rising-demand-kanchan-gaikwad

Contact:
David Correa
5933 NE Win Sivers Drive
#205, Portland, OR 97220
United States
USA/Canada (Toll Free):
+1-800-792-5285, +1-503-894-6022, +1-503-446-1141
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1(855)550-5975

help@alliedmarketresearch.com

About Us
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Artificial Intelligence in Medicine Market 2018 to 2025 Emerging Trends by Global Key Player Analysis – Welltok, Inc., Intel Corporation, Nvidia Corporation, Google Inc., IBM Corporation, Microsoft Corporation and more here

News-ID: 1778751 • Views: 188

More Releases from Allied Market Research

Diphtheria, Tetanus, and Pertussis (DTP) Vaccine Market Expected to Reach $7.05 …
According to a new report published by Allied Market Research, titled, “Diphtheria, Tetanus, and Pertussis (DTP) Vaccine Market by Product, Age Group, and End User: Opportunity Analysis and Industry Forecast, 2020–2027," the global Diphtheria, Tetanus, and Pertussis Vaccine market was valued at $ 4,758.8 million in 2019 and is expected to reach $ 7,054.4 million by 2027, with a CAGR of 5.1% from 2020-2027. The DTaP segment accounted for major
Burn Care Market Expected to Reach $3,134 Million by 2027
According to a new report published by Allied Market Research, titled, “Burn care Market by Product, Depth of Burn, and End User: Opportunity Analysis and Industry Forecast, 2020–2027," the global burn care market size was valued at $1,992 million in 2019, and is projected to reach $3,134 million by 2027, growing at a CAGR of 5.6% from 2020 to 2027. Click Here To Access Free Sample Report: https://www.alliedmarketresearch.com/request-sample/4395 Burns are injuries
Drug Delivery Devices Market projected to Cross $26.7 Billion by 2026
Drug Delivery Devices Market size was valued at $19 billion in 2018, and is expected to reach $26.7 billion by 2026, registering a CAGR of 4.3% from 2019 to 2026. Drugs are used to improve health and to extend lives. However, the medications can be taken in various ways, including by swallowing, by absorption, by inhalation, through the skin, and by intravenous injection. For this, the drug delivery devices are developed,
Pharmaceutical Filtration Market on Position to Hit $7.74 Billion by 2026
Pharmaceutical filtration is defined as a filtration process to separate suspended particles from a medium or solution by passing them through a membrane. They reduce or eliminate the bacteria or other microorganisms in process components. The filtration process can be combined with other pharmaceutical manufacturing operations. Pharmaceutical filters are used in the production of small molecule ingredients such as active pharmaceutical ingredients (APIs) and pharmaceutical excipients. In addition, it is

All 5 Releases


More Releases for Intel

AOC joins Intel Extreme Masters Katowice 2019
Amsterdam, 1 March 2019 – AOC invites all fans to join them at IEM Katowice at the renowned Spodek Arena from March 1-3. The display specialist will be host to diverse activities and feature their brand new model AGON AG273QCG, the fastest 240 Hz monitor in the AOC gaming line-up, the AGON AG251FZ and last but not least their recent AOC G2590PX/G2 Signature Edition gaming monitor presented by the G2
Comodo Announces Intel Application Certification Service
Jersey City, NJ, August 10, 2011 - Comodo (comodo.com), a leading certificate authority and Internet security organization, today announced that it will provide code signing services to the Intel AppUpSM developer program. Comodo will offer fully subsidized one-year Code Signing Certificates to the Intel AppUp developer program community to address the program requirement that all Windows-based applications (.MSI, .JAR and .AIR) be signed by a Certification Authority (CA). Code Signing Certificates
Krypton Softwares joins Intel® Software Partner Program
Krypton Softwares, an offshore software development service provider based in India today announced that it has joined the Intel® Software Partner Program, a set of premium Intel services to help partners expand their sales, reach and increase customer confidence through Intel® Certified Solutions Program. “As a program member, we will receive insights into Intel's future technology roadmap and access a variety of tools and resources to shorten our software development time.
Krypton Softwares joins Intel® Software Partner Program
Krypton Softwares, an offshore software development service provider based in India today announced that it has joined the Intel® Software Partner Program, a set of premium Intel services to help partners expand their sales, reach and increase customer confidence through Intel® Certified Solutions Program. “As a program member, we will receive insights into Intel's future technology roadmap and access a variety of tools and resources to shorten our software development time.
Mini-PC for current Intel Core processors
Shuttle XPC Barebone SH55J2 supports Intel Core i3, Core i5 and Core i7 Shuttle Inc., a leading developer and manufacturer of multi-form-factor solutions such as the world-famous XPC Mini-PC Barebones, today announces the launch of its new XPC Barebone SH55J2. Now, for the first time, a single Mini-PC supports all Intel Core variants for socket 1156. From today, the SH55J2 brings you a Mini-PC platform which utilizes all the features of the
Intel Distributes ESET Security Software With Intel® Desktop Boards
ESET Validates Market Strength as Industry-Leading AV Solution Dubai, United Arab Emirates, September 23, 2009 – ESET, the leader in proactive threat protection, announced today that Intel will distribute ESET security software products with Intel-branded desktop motherboards starting in Q1 2010. As a result of the distribution agreement, Intel Desktop Boards will include either a 45-day or one-year product license for ESET Smart Security. ESET will ship exclusively with new Intel®