Global Artificial Intelligence in Healthcare Market To Reach USD 215.53 Billion By 2030. - Reports And Data

The global artificial intelligence in healthcare market is expected to reach a market size of USD 215.53 Billion by 2030 and register a substantially high CAGR over the forecast period, according to a new report by Reports and Data. Artificial intelligence (AI) in healthcare market revenue growth is driven by increasing efficiency in drug discovery and advancement in precision medicine, which is resulting in rising demand and application of these solutions globally. Rise in prevalence of chronic diseases, and increasing global elderly population is expected to continue to support the growth of the market.

Application of artificial intelligence in clinical procedures to check patient's vital signs, ask required questions, and give prescriptions to patients are accelerating its adoption in technologically advanced region. The technology is also used to give reminders and alert healthcare workers during medical procedures. The advancement in deep learning technology is also propelling the growth for artificial intelligence in healthcare market.

Get a sample of the report @ https://www.reportsanddata.com/sample-enquiry-form/3740

Rising prevalence of complex diseases and need for novel surgery is also driving increasing deployment of artificial intelligence technologies in healthcare sector. However, hesitance among healthcare professionals to adopt artificial intelligence due to some perceived limitations currently is expected to negatively impact growth of the market to a certain extent.

Further key findings from the report suggest:

The software segment accounted for higher revenue share in artificial intelligence in healthcare market in 2019. Several companies are developing innovative software for different medical applications. Rise in adoption of AI healthcare informatics will also encourage the growth of the segment.

Development and deployment of machine learning in healthcare sector and for critical research in related fields has been increasing substantially in recent years, thus driving revenue growth of this segment. For instance, Google has developed machine learning algorithms to help identify cancerous tumors, and Stanford University is using deep learning algorithm to identify skin cancer in humans.

Artificial intelligence is resulting in rising adoption of technologies in healthcare settings as it can improve patient care and outcomes in hospitals. Autonomous robots help professionals during surgeries, and also deliver medicine and food to patients - ensuring limited human contact with infected patients - during the pandemic.

Asia Pacific region grew at a faster rate during the forecast period due to the improvement in healthcare infrastructure, increase in healthcare startups, and adoption of advanced technologies.

Browse Full Report Description + Research Methodology + Table of Content + Infographics @https://www.reportsanddata.com/

Competitive Landscape:

The report also focuses on details of each market player including its global position, financial standing, revenue generation, company overview, and product & service portfolio. The Artificial Intelligence in Healthcare market is extremely competitive and consists of several key players at the regional and global levels. Key players are focused on adopting various strategies such as new product launches, mergers and acquisitions, investments in R&D, partnerships, joint ventures, and collaborations to strengthen their market position and enhance their product portfolio.

Leading companies operating in the market are:

Google LLC
IBM Corporation
Microsoft Corporation
Intel Corporation
NVIDIA Corporation
Nuance Communications, Inc. (Microsoft Corporation)
Next IT Corp.( Verint Systems Inc.)
DeepMind Technologies Limited
Enlitic Inc.
General Vision, Inc.
IcarbonX Intelligence Technology Co., Ltd.
Baidu, Inc.
Corti ApS.
Inquiry Before Buying @ https://www.reportsanddata.com/inquiry-before-buying/3740

The report also offers detailed insights about market segmentation based on type, application and regional bifurcation:

Artificial Intelligence in Healthcare Market Segmentation:

Offering Outlook:
Hardware
Software
Services

Technology Outlook:
Machine Learning
Deep Learning
Context-aware Computing
Natural Language Processing
Computer Vision

Application Outlook:
Virtual Assistant
Robot-assisted Surgery
Preliminary Diagnosis
Clinical Trials
Others

End-use Outlook:
Pharmaceutical and Biotechnology Companies
Healthcare Providers
Regional Outlook:

North America (U.S., Canada, Mexico)
Europe (Germany, U.K., Italy, France, BENELUX, Rest of Europe)
Asia Pacific (China, India, Japan, South Korea, Rest of Asia Pacific)
Latin America (Brazil, Rest of LATAM)
Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of the Middle East & Africa)
Some essential purposes of the Artificial Intelligence in Healthcare market research report:

Vital Developments: Custom investigation provides critical improvements to the Artificial Intelligence in Healthcare market, including R&D, new item shipment, coordinated efforts, development rate, partnerships, joint efforts, and local development of rivals working in the market on a global scale and regional.

Market Characteristics: The report contains Artificial Intelligence in Healthcare market highlights, income, limit, limit utilization rate, value, net, creation rate, generation, utilization, import, trade, supply, demand, cost, part of the industry in general, CAGR, and gross margin. Likewise, the market report offers an exhaustive investigation of the elements and their most recent patterns, along with Service market fragments and subsections.

Investigative Tools: This market report incorporates the accurately considered and evaluated information of the major established players and their extension into the Artificial Intelligence in Healthcare market by methods. Systematic tools and methodologies, for example, Porter's Five Powers Investigation, Possibilities Study, and numerous other statistical investigation methods have been used to analyze the development of the key players working in the Artificial Intelligence in Healthcare market.

Convincingly, the Artificial Intelligence in Healthcare report will give you an unmistakable perspective on every single market reality without the need to allude to some other research report or source of information. This report will provide all of you with the realities about the past, present, and eventual fate of the Artificial Intelligence in Healthcare market.

Request customization of the report @ https://www.reportsanddata.com/request-customization-form/3740

Thank you for reading the report. Kindly note that we also offer customized reports according to the client's requirements. Contact us to know more about the customization feature and our team will provide you with the best-customized report.

Explore More Industry Research by Reports and Data:

Chronic Pancreatitis Market @ https://www.biospace.com/article/chronic-pancreatitis-market-insights-on-current-and-future-trends-growth-forecast-to-2030/

Chronic Fatigue Market @ https://www.biospace.com/article/chronic-fatigue-market-study-on-current-status-and-challenges-with-future-opportunities-to-2030/

Bronchopulmonary Dysplasia Market @ https://www.biospace.com/article/bronchopulmonary-dysplasia-market-report-on-rising-demand-future-scope-and-regional-forecast-by-2030/

Avascular Necrosis Market @ https://www.biospace.com/article/avascular-necrosis-market-growth-scenario-with-emerging-opportunities-to-2030/

Contact Us:

John W
Head of Business Development
Reports And Data | Web: www.reportsanddata.com
Direct Line: +1-212-710-1370
E-mail: sales@reportsanddata.com
LinkedIn | Twitter | Blogs

About Reports and Data

Reports and Data is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyze consumer behavior shifts across demographics, across industries, and help clients to make smarter business decisions. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, TouchPoints, Chemicals, Products, and Energy. We consistently update our research offerings to ensure our clients are aware of the latest trends existent in the market. Reports and Data has a strong base of experienced analysts from varied areas of expertise. Our industry experience and ability to develop a concrete solution to any research problems provide our clients with the ability to secure an edge over their respective competitors.

This release was published on openPR.