openPR Logo
Press release

Healthcare artificial intelligence Market 2020 | What Is The Estimated Market Size In The Upcoming Years? | Key Players- IBM Watson Health, Aicure, Cyrcardia Health, Atomwise, Sensely, Zebra Medical vision, Lifegraph, Sophia Genetics, Insilico Medicine, E

04-27-2020 11:52 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from:

Healthcare artificial intelligence Market 2020 | What Is present the report on global Healthcare artificial intelligence Market report evaluates the growth trends of the industry through historical study and estimates future prospects based on comprehensive research. The report extensively provides the market share, growth, trends and forecasts for the period 2019-2025.

Global Healthcare artificial intelligence market is anticipated to exceed US $13 billion by 2025. Advancements in big data analytics is the one of main impact rendering factors driving healthcare artificial intelligence market size. Healthcare analytic software and solutions developed by leading industry players are helping provide better patient outcomes, improved quality of life, reduced costs, and easy detection and prevention of diseases.

According to the study, rising applications of artificial intelligence for research and healthcare purposes, including management of chronic condition, drug discovery, delivery of health services and detection of disease will boost healthcare AI market size by 2025. Leading market players are increasingly focusing on developing technologically advanced solutions that will enhance product demand.

Request sample copy of this Report@

As per the report, drug discovery application recorded 27.1% revenue in the year 2018 and is expected to experience substantial growth during the projected period. Increase in segmental revenue share can be accredited to the capability of AI-based software and solutions. These solutions enable screening as well as identification of molecules more effectively and swiftly. Furthermore, recently developed solutions are estimated to play a key role in adequate drug designing, factor that could trigger product demand in the sector.

According to regional analysis, U.S. is reportedly dominating the North America healthcare AI market with revenues recorded over 90% in 2018. This growth can be accredited to high adoption of advanced healthcare technologies such as big data in disease diagnosis. Moreover, public hospitals in the U.S. have substantially implemented artificial intelligence solutions for processing and managing large amount of patient data that will boost industry growth. Favorable government regulations and initiatives are also expected to expand U.S. industry outlook.

U.K. artificial intelligence market is also anticipated to grow at 42.4% during the forecast period. Increasing adoption of AI in research activities along with constant technological upgradations in the healthcare sector will drive market growth. Moreover, several efforts undertaken by local market players such as arrangement of workshops to expand awareness regarding availability of artificial intelligence platforms amongst the healthcare specialists will supplement UK market size.

Moreover, machine learning procedures such as decision trees, neural networks and linear models are being employed in the hospital industry, which will positively impact healthcare artificial intelligence market outlook. In addition, integrating cloud technologies, machine learning, and data analytics will permit remote monitoring of patients that are suffering from chronic diseases, thereby bolstering industry growth.

Moreover, the study claims that healthcare professionals in emerging economies are mostly depended on modern solutions and software which is expected to drive demand for novel artificial intelligence software and solutions. However, high investments required to digitalize unexploited healthcare market may obstruct healthcare artificial intelligence industry growth over the forecast period.

Leading players in healthcare artificial intelligence market include IBM Watson Health, Aicure, Cyrcardia Health, Atomwise, Sensely, Zebra Medical vision, Lifegraph, Sophia Genetics, Insilico Medicine, Enlitic, Pathway Genomics and Welltok. Industry partakers are increasingly focusing on inorganic strategies such as merger, acquisition and partnerships to strengthen product portfolio as well as maintain their market position.

Citing an instance, in 2017, Zurich based technology company Asea Brown Boveri entered a tactical partnership with IBM Watson to bring along together ABB's digital offering and ABB ability with IBM Watson and help provide solutions in infrastructure, utilities, industry and transport. Collaborations and partnerships with companies that have a strong hold in catering artificial intelligence solutions will further expand IBM Watson with a competitive advantage.

Request a discount on standard prices of this report at:

Frequently Asked Questions (FAQ) :

What factors are bolstering the demand for artificial intelligence solutions in healthcare sector across the globe?

Emergence of big data analytics is a major factor driving the growth of healthcare artificial intelligence industry. Rising adoption of machine learning solutions including decision trees, linear models and neural networks is further fueling the market expansion.

How will drug discovery application generate revenue for healthcare artificial intelligence industry?

AI integrated software allows for screening and identification of molecules effectively, hence speeding up the drug discovery, which is impelling product popularity.

Which companies formulate the competitive scenario of healthcare artificial intelligence market?

Sophia Genetics, Sensely, Lifegraph, IMB Watson Health, Cyrcadia Health, Atomwise and AiCure are the major names in healthcare artificial intelligence industry.

Table of Content:
Chapter 1. Methodology
Chapter 2. Executive Summary
Chapter 3. Healthcare artificial intelligence Industry Insights
Chapter 4. Healthcare Artificial Intelligence Market, By Application
Chapter 5. Healthcare artificial intelligence Market, By Region
Chapter 6. Company Profile

More Details on this Report At:

About Us: allows you to manage and control all corporate research purchases to consolidate billing and vendor management. You can eliminate duplicate purchases and customize your content and license management.

Contact Us:
Market Study Report LLC
4 North Main Street,
Selbyville, Delaware 19975
Phone: 1-302-273-0910
US Toll Free: 1-866-764-2150

This release was published on openPR.

Permanent link to this press release:

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 Healthcare artificial intelligence Market 2020 | What Is The Estimated Market Size In The Upcoming Years? | Key Players- IBM Watson Health, Aicure, Cyrcardia Health, Atomwise, Sensely, Zebra Medical vision, Lifegraph, Sophia Genetics, Insilico Medicine, E here

News-ID: 2025544 • Views: 430

More Releases from

Covid -19 Impact on Video Conferencing Market Size 2026: Top Companies, Trends a …
Market Study Report recently introduced new title on “2020-2026 Global Video Conferencing Market Report” from its database. The report provides study with in-depth overview, describing about the Product, Industry Scope and elaborates Market size outlook and status to 2026. Video Conferencing Market size is anticipated to grow at over 19% CAGR between 2020 and 2026. The global video conferencing market is set to register a tremendous rise in its growth
What's driving the Patient Monitoring Devices Market Size? Fukuda, Philips, Skan …
Selbyville, Delaware the prime objective of Patient Monitoring Devices report is to help the user understand the market in terms of its definition, segmentation, market potential, influential trends, and the challenges that the market is facing. Deep researches and analysis were done during the preparation of the report. Wireless segment is anticipated to witness more than 5% growth over the forecast period. Substantial growth can be attributed to rising preference for
What's driving the 3D Implants Market trends? Stryker, Smith and Nephew, DJO Glo …
The 3D Implants market report provides a detailed analysis of global market size, regional and country-level market size, segmentation market growth, market share, competitive Landscape, sales analysis, impact of domestic and global market players, value chain optimization, trade regulations, recent developments, opportunities analysis, strategic market growth analysis, product launches, area marketplace expanding, and technological innovations. Request a sample Report of 3D Implants Market at: The most likely (base case) scenario
Artificial Vascular Implants Market is thriving worldwide by 2025 | Top Key Play …
Global Artificial Vascular Implants Market Report added at Market Study Report LLC offers industry size, share, growth, trends and forecast analysis up to 2025. Artificial Vascular Implants Market Report also covers top key players, porters five forces analysis and market segmentation in detail. This report examines the global Artificial Vascular Implants market and provides information regarding the revenue for the period 2020 to 2025. The Artificial Vascular Implants market report provides

All 5 Releases

More Releases for Health

Health literacy: How to improve health behaviors
Health literacy is defined as "people´s knowledge, motivation and competences to access, understand, appraise and apply information to make judgements and take decisions in everyday life healthcare concerning disease prevention and health promotion to maintain and improve quality of life during the life course." In a new volume Anne-Kathrin Mayer and colleagues shed light on the concept of health literacy from different disciplines: psychology, educational sciences, health sciences and
GetSavvi Health - For Health Insurance Needs
GetSavvi Health offers health insurance, which includes basic and primary care at affordable prices. The company believes in the fact that South Africans are hard working and each of them deserve access to affordable and high-quality healthcare facilities and that too at affordable prices. The company desires to be a leader in the primary healthcare sector. Primary care is all about basic healthcare facilities through day-to-day benefits, which help in
Nutrition: Health Is Wealth
Nutrition is the supply of food to the body required by an organism to stay alive and healthy. In the language of human medicine, nutrition is the practice of consuming foods or utilization by the body. In today’s life, consuming healthy food is as difficult as getting fresh air. Seriously, nutrition is no rocket science! Having a little knowledge of nutrients and its proportions makes it easier for the consumer
Psychiatric and Mental Health Nursing 2019 will prove to be a noteworthy event, with this we cherish mental health nursing by embracing the theme, “Fore-fronting nursing care to achieve mental wellness” , and would step forward to provide an opportunity to step in and join our family, as we bring and encourage to join professionals from the following areas of Mental Health, Psychology, Nursing, Physiology, Neurology, Healthcare, Education, Business to
Epidemiology and Public Health
Opportunity to attend/speak at Epidemiology 2019 on February 27-28, 2019 at Prague, Czech Republic with the theme of Emerging Technologies, Applications and Health transitions in Epidemiology and Public Health. Whatsapp: 13024004945 Euroscicon Milevská 7, 140 63 Praha 4, Czechia Katherine Gracia
TrendSights Analysis: Personalized Health published “Personalized Health Market” from its database. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market. Today's digitally savvy consumers are taking their personal wellbeing into their own hands by using products and services that address their specific health needs and help them "live better." As awareness increases, demand for more