Artificial Intelligence in Healthcare Market to reach $44.56 Bn by 2026: COVID Impact, Trends and Forecast

Evolve business intelligence, today has published a new market research report on “The global artificial intelligence in healthcare market was estimated to be USD 2.63 billion in 2019 and is anticipated to grow at a CAGR of 49.82% from 2020 to 2026”

For more information on the report: https://evolvebi.com/product/artificial-intelligence-in-healthcare-market/

The COVID-19 pandemic has led to disruption in the supply chain leading to lower demand or supply shortages in the artificial intelligence in healthcare market. The travel restrictions and social-distancing measures have resulted in a sharp drop in consumer and business spending and this pattern is expected to continue for some time. The end-user trend and preferences have changed due to the pandemic and have resulted in manufacturers, developers, and service providers adopting various strategies to stabilize the company.

In terms of COVID 19 impact, the artificial intelligence in healthcare market report also includes the following data points:
• COVID19 Impact on artificial intelligence in healthcare market size
• End-User/Industry/Application Trend, and Preferences
• Government Policies/Regulatory Framework
• Key Players Strategy to Tackle Negative Impact/Post-COVID Strategies
• Opportunity in artificial intelligence in healthcare market

Analyst View
According to Swapnil, Principal Analyst, Evolve Business Intelligence, “the recent COVID scenario is expected to provide significant opportunities to the technology provider, and device manufacturers. Even though there was a lockdown worldwide, the healthcare segment was open for business during this period.”

Competitive Scenario
Some of the major artificial intelligence in healthcare players holding high market share include NVIDIA, Intel, IBM, and Google. These players use collaboration and expansion as a key strategy to gain significant market share to compete with market leaders.

Segmental Analysis
AI in healthcare market is analyzed across the below-mentioned segments:
• Offering
o Hardware
o Software
o Service
• Technology
o Natural Language Processing
o Context-Aware Computing
o Machine Learning
o Computer Visio
• Application
o Medical Imaging & Diagnostics
o Patient Data and Risk Analysis
o Lifestyle Management & Monitoring
o Inpatient Care & Hospital Management
o Virtual Assistant,
o Drug Discovery
o Research
o Precision Medicine
o Healthcare Assistance Robots
o Emergency Room & Surgery
o Wearable
o Mental Health
• End-User
o Hospitals and Providers
o Healthcare Payers
o Patients
o Pharmaceutical and Biotechnology Companies
o Others

Report Coverage
The study also contains a comprehensive value chain, as well as details on the key factors affecting the market growth (drivers, constraints, and opportunities). Furthermore, the report includes 10 key players in the artificial intelligence in healthcare market ecosystem that have been strategically profiled, along with the market ranking/share for major players. Under the company profile section, the company’s core competencies have been comprehensively analyzed, along with detailing the competitive landscape for the market players, and the strategies such as partnerships and collaboration, acquisitions, product launches and developments, contracts, and business expansion adopted by them to grow in the market.

The key players profiled in the report are:
• NVIDIA
• Intel
• IBM
• Google
• Microsoft
• AWS
• General Vision
• GE Healthcare
• Siemens Healthineers
• Medtronic

To request a free sample report, click on the “Request Sample PDF” button on https://evolvebi.com/product/artificial-intelligence-in-healthcare-market/

Research Methodology
This research study makes substantial use of secondary sources, archives, and databases (such as annual reports, news releases, magazines, Trademap, company websites, and other paid databases) to classify and gather information valuable for this analysis. The entire process involves a review of top industry participants' financial records. Following the determination of the overall market size, the total market was divided into several segments and sub-segments, and this information was then verified through key industry specialists such as CEOs, directors, VPs, and marketing executives.

Report Objectives
• To define, describe, and forecast the artificial intelligence in healthcare market, in terms of value, segmented on the basis of indication, type, technology, and geography
• To forecast the market size across 4 key regions—Asia Pacific (APAC), North America, Europe, and Rest of the World (RoW)
• To provide detailed information regarding drivers, restraints, and opportunities, in artificial intelligence in healthcare market
• To provide an overview of the value chain analysis pertaining to artificial intelligence in healthcare industry
• To strategically analyze each segment and subsegment with respect to individual overall growth trends and its contribution to the overall artificial intelligence in healthcare market
• To analyze opportunities in the market by identifying high-growth segments of artificial intelligence in healthcare market
• To profile key players in the artificial intelligence in healthcare market and comprehensively analyze their core competencies
• To analyze competitive developments such as partnerships, product launches and developments, contracts, and mergers and acquisitions carried out in the global artificial intelligence in healthcare market

Evolve Business Intelligence
C-218, 2nd floor, M-Cube
NH 48, Balitha, Vapi
Gujarat 396191
India

Email: sales@evolvebi.com
Website: https://evolvebi.com/

Evolve Business Intelligence is a market research, business intelligence, and advisory firm providing innovative solutions to challenging pain points of a business. Our market research reports include data useful to micro, small, medium, and large-scale enterprises. We provide solutions ranging from mere data collection to business advisory.
Evolve Business Intelligence is built on account of technology advancement providing highly accurate data through our in-house AI-modelled data analysis and forecast tool – EvolveBI. This tool tracks real-time data including, quarter performance, annual performance, and recent developments from fortune’s global 2000 companies.

This release was published on openPR.