Europe Artificial Intelligence (AI) in Healthcare Market to Witness an Outstanding Growth During 2021 With Top Vendors Like Alphabet Inc., Arterys Inc., Intel Corporation, Siemens Healthineers AG

The Business Market Insights provides you regional research analysis on “Europe Artificial Intelligence (AI) in Healthcare Market” and forecast to 2027. The research report provides deep insights into the regional market revenue, parent market trends, macro-economic indicators, and governing factors, along with market attractiveness per market segment. The report provides an overview of the growth rate of the Europe Artificial Intelligence (AI) in Healthcare market during the forecast period, i.e., 2021–2027.

The artificial intelligence in healthcare market in Europe is expected to grow from US$ 1,368.59 million in 2019 to US$ 36,015.25 million by 2027; it is estimated to grow at a CAGR of 49.3% from 2020 to 2027.

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One of the latest approaches followed by the doctors emphasize on preventive care relying on data-collection, which ranges from collecting genetic information to advances in the electronic healthcare system and wearable devices. Apple, Fitbit, and Garmin are among the wearable device manufacturing companies that introduce products to efficiently monitor heart rate and activity levels. These devices send signals to the patients concerning exercise and medicine dosage. The best AI solution obtains data from mutation genetics and DNA. AI is applied to aid cancer diagnosis and prognosis, given its unparalleled accuracy level, which is even sophisticated than that of the general statistical expert. Corporate giants like Google and IBM are already concentrating on making innovations in oncology, using cutting-edge AI algorithms for early detection and personalized cancer treatment. Additionally, AI upsurges healthcare professionals' capability to understand better the day-to-day patterns and needs of the people they care for. With that understanding, they can provide better responses, guidance, and support for staying healthy.

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The report profiles the key players in the industry, along with a detailed analysis of their individual positions against the regional landscape. The study conducts SWOT analysis to evaluate strengths and weaknesses of the key players in the Europe Artificial Intelligence (AI) in Healthcare market. The researcher provides an extensive analysis of the Europe Artificial Intelligence (AI) in Healthcare market size, share, trends, overall earnings, gross revenue, and profit margin to accurately draw a forecast and provide expert insights to investors to keep them updated with the trends in the market.

Major key players covered in this report: Amazon.com, Inc
• Alphabet Inc.
• Arterys Inc.
• General Electric Company
• Intel Corporation
• Johnson and Johnson Services, Inc.
• Koninklijke Philips N.V.
• Microsoft Corporation
• Nuance Communications, Inc.
• NVIDIA CORPORATION
• Siemens Healthineers AG

The study conducts SWOT analysis to evaluate strengths and weaknesses of the key players in the Europe Artificial Intelligence (AI) in Healthcare market. Further, the report conducts an intricate examination of drivers and restraints operating in the market. The report also evaluates the trends observed in the parent market, along with the macro-economic indicators, prevailing factors, and market appeal with regard to different segments. The report predicts the influence of different industry aspects on the Europe Artificial Intelligence (AI) in Healthcare market segments and regions.

Europe Artificial Intelligence in Healthcare Market Segmentation
Europe Artificial Intelligence in Healthcare Market – By Component
• Software Solution
• Hardware
• Services

Europe Artificial Intelligence in Healthcare Market – By Application
• Robot Assisted Surgery
• Virtual Assistants
• Administrative Workflow Assistants
• Connected Machines
• Diagnosis
• Clinical Trials
• Fraud Detection
• Cybersecurity
• Dosage Error Reduction
• Others

Europe Artificial Intelligence in Healthcare Market – By End User
• Hospitals & Healthcare Providers
• Patients
• Pharma & Biotech Companies
• Healthcare Payers
• Others

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The research on the Europe Artificial Intelligence (AI) in Healthcare market focuses on mining out valuable data on investment pockets, growth opportunities, and major market vendors to help clients understand their competitor’s methodologies. The research also segments the Europe Artificial Intelligence (AI) in Healthcare market on the basis of end user, product type, application, and demography for the forecast period 2021–2027. Comprehensive analysis of critical aspects such as impacting factors and competitive landscape are showcased with the help of vital resources, such as charts, tables, and infographics.

This report strategically examines the micro-markets and sheds light on the impact of technology upgrades on the performance of the Europe Artificial Intelligence (AI) in Healthcare market.

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