Press release
Artificial Intelligence (AI) in Healthcare Market 2027 Focusing on Top Leading Players, Share, Future Trends, Opportunities By Arterys Inc., Alphabet Inc.,Intel Corporation
Artificial intelligence in healthcare is the use of machine-learning algorithms and software to analyze, process and present complex medical and health care data. It has been widely used to support clinical decisions, improve workflows and predict health outcomes. Thus, wide application of AI in the healthcare sector is likely to propel the growth of the market. The growth of the artificial intelligence in healthcare market is attributed to the rising application of artificial intelligence in healthcare, growing investment in AI healthcare start-ups, and increasing cross-industry partnerships and collaborations. However, dearth of skilled AI workforce and imprecise regulatory guidelines for medical software is the major factor hindering the market growth.
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Some of the companies competing in the Artificial Intelligence (AI) in Healthcare Market are
Microsoft
Koninklijke Philips N.V.
Intel Corporation
General Electric Company
Alphabet Inc.
NVIDIA CORPORATION
Nuance Communications, Inc.
Siemens Healthineers AG
Arterys Inc.
Johnson & Johnson Services, Inc.
Artificial Intelligence in Healthcare Market – by Component
Software Solution
Hardware
Services
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
Artificial Intelligence in Healthcare Market – by End User
Hospitals & Healthcare Providers
Patients
Pharma & Biotech Companies
Healthcare Payers
Others
The artificial intelligence in healthcare market is expected to witness substantial growth post-pandemic. The global healthcare infrastructure has observed that, in order to develop and maintain sustainable healthcare setup, utilization of computational technologies such as artificial intelligence becomes crucial. Moreover, majority of the market players have focused on development of AI-powered models to fight against coronavirus pandemic. In addition, several number of research centers and governments have actively participated in the building of robust AI technologies which are assisting the healthcare professionals to work efficiently even under shortage of resources. These factors will eventually drive the market growth.
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