Global Artificial Intelligence In Healthcare Market Overview: Forecasted Market Size and Growth Rate  

As per The Business Research Company's Artificial Intelligence In Healthcare Opportunities And Strategies Market Report 2023, the global artificial intelligence in healthcare market size reached a value of nearly $7,833.6 million in 2021, having increased at a compound annual growth rate (CAGR) of 25.2% since 2016. The market is expected to grow from $ 7,833.6 million in 2021 to $ 33,107.6 million in 2026 at a rate of 33.4%. The global artificial intelligence in healthcare market size is then expected to grow at a CAGR of 27.8% from 2026 and reach $1,12,765.8 million in 2031.

An increase in the geriatric population around the world is expected to contribute to the growth of artificial intelligence in healthcare market. The geriatric population refers to the section of the population who are aged 65 years and above and considered as old age.
The geriatric population naturally develops multiple health problems and other issues. Technologies such as artificial intelligence in healthcare is helpful for the geriatric population to serve them better, that in turn will increase the demand for the artificial intelligence in healthcare market.

View Complete Report @
https://www.thebusinessresearchcompany.com/report/artificial-intelligence-in-healthcare-market

Companies in the AI in healthcare market are leveraging AI for clinical trials. AI can be used to make sense of the vast amount of patient, research and diagnostic data which is gathered every day.In-silico experiments also known as virtual trials, used to develop medical products and devices through computer simulations, are conducted by means of a computer simulation by running drug trials on computer simulations of organs, this technology is capable of completely bypassing in vivo clinical testing. These trials not only save time and are cost effective, but they also completely circumvent animal testing and side effects on human and animal participants.

The top opportunities in the artificial intelligence in healthcare market segmented by offering will arise in the software segment, which will gain $10,628.1 millions of global annual sales by 2026. The top opportunities in segment by algorithm will arise in the natural language processing segment, which will gain $11,349.1 millions of global annual sales by 2026. The top opportunities in segment by application will arise in the robot-assisted surgery, which will gain $8,397.0 millions of global annual sales by 2026. The top opportunities in segment by end-user will arise in the hospitals and diagnostic centers, which will gain $15,929.6 millions of global annual sales by 2026. The artificial intelligence in healthcare market size will gain the most in the USA at $13,190.6 million.

Artificial Intelligence In Healthcare Market Segmentation:
The artificial intelligence in healthcare market is segmented by offering, by algorithm, by application, by end-user.
By Offering -
a) Hardware
b) Software
c) Services

By Algorithm -
a) Deep Learning
b) Querying Method
c) Natural Language Processing
d) Context Aware Processing

By Application -
a) Robot-Assisted Surgery
b) Virtual Nursing Assistant
c) Administrative Workflow Assistance
d) Fraud Detection
e) Dosage Error Reduction
f) Clinical Trial Participant Identifier
g) Preliminary Diagnosis

By End-User -
a) Hospitals And Diagnostic Centers
b) Pharmaceutical And Biopharmaceutical Companies
c) Healthcare Payers
d) Patients

Major players in the artificial intelligence in healthcare market include IBM Watson Health, Nuance Communications, Inc., Alphabet Inc., Concreto HealthAI, Nvidia Corporation.

The regions covered in the global artificial intelligence in healthcare market are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

Download FREE SAMPLE Report - https://www.thebusinessresearchcompany.com/sample_request?id=8391&type=smp

The latest report from The Business Research Company, 'Global Artificial Intelligence In Healthcare Opportunities And Strategies Market Report - Forecast To 2032,' provides a comprehensive global perspective with data and statistics from 60+ geographies, analyzing 7000+ market segments. The regional and country breakdowns section offers insights into each geography's market analysis, size, historic and forecast growth, and key strategies for industry competitiveness.

Artificial Intelligence In Healthcare Market Report Table Of Content
1. Executive Summary
2. Table of Contents
3. List of Figures
4. List of Tables
5. Report Structure
……
19. Company Profiles
20. Key Mergers and Acquisitions In The Market
21. Opportunities And Strategies
22. Artificial Intelligence In Healthcare Market, Conclusions And Recommendations
23. Appendix

PURCHASE the report @
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=8391

Get to know us better:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 8897263534
Americas: +1 315 623 0293
Email: info@tbrc.info
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Blog: https://blog.tbrc.info/
Healthcare Blog: https://healthcareresearchreports.com/

Want To Know More About The Business Research Company?
The Business Research Company (www.thebusinessresearchcompany.com) is a market intelligence firm that pioneers in company, market, and consumer research. Located globally, TBRC's consultants specialise in various industries including manufacturing, healthcare, financial services, chemicals, and technology.

Global Market Model - World's Most Comprehensive Database
The Business Research Company's flagship product, Global Market Model (www.thebusinessresearchcompany.com/global-market-model) is a market intelligence platform covering various macroeconomic indicators and metrics across 60 geographies and 27 industries. The Global Market Model covers multi-layered datasets which help its users assess supply-demand gaps.

This release was published on openPR.