Press release
Artificial Intelligence in Medicine Market Set for Rapid Expansion by 2025, Driven by Patient Well-being and Revolutionizing Medical Robots
Artificial Intelligence In Medicine Market Size
What Is The Projected Market Size Of The Global Artificial Intelligence In Medicine Market And Its Growth Rate?
The artificial intelligence in medicine market is expected to undergo an exponential growth in the coming years:
•Market size growth from $11.19 billion in 2024 to $15.66 billion in 2025 at a compound annual growth rate (CAGR) of 39.9%
•Prediction to reach $58.37 billion in 2029, growing at a CAGR of 39.0%
•Historic period growth attributed to increased emphasis on patient well-being, a relative shortage of physicians, and an increase of skilled healthcare professionals
•Forecast period growth due to rising prevalence of chronic diseases and growing emphasis on digital transformation
What Is Driving The Growth In The Artificial Intelligence In Medicine Market?
The increasing interest in real-time remote patient monitoring (RPM) systems is propelling the growth of artificial intelligence in the medicine market. Remote patient monitoring involves technology-driven healthcare solutions designed to keep track of a patient's health outside of traditional healthcare settings. The adoption of AI in these systems has remarkably revolutionized RPM by using advanced algorithms to analyze extensive patient data, offering predictive insights allowing personalized care. For example, in the 12 months leading up to a 2022 survey by Statistics Canada, it was found that Canadians residing in British Columbia and Newfoundland were most likely to have utilised a virtual consultation, thereby proving the key role of RPM systems in driving the growth of AI in the medical market.
Request A Free Sample Copy: https://www.thebusinessresearchcompany.com/sample.aspx?id=13590&type=smp
Who Are the Key Players Driving The Artificial Intelligence In Medicine Market Growth?
Key players in the artificial intelligence in medicine market include:
•Google LLC
•Microsoft Corporation
•Intel Corporation
•IBM Corporation
•Medtronic PLC
•Nvidia Corporation
•Novo Nordisk A/S
•Siemens Healthineers AG
•Philips Healthcare
•Babylon Healthcare Services Ltd.
What Are The Key Trends In The Artificial Intelligence In Medicine Market?
Key trends include:
•Development of medical robots
•Introducing patient management application to witness significant growth
•AI in drug discovery and advance precision medicine
What Are The Segments Of The Global Artificial Intelligence In Medicine Market?
Key segments in the global artificial intelligence in medicine market include:
1.By Type: Hardware, Software, Services
2.By Technology: Machine Learning, Natural Language Processing, Context-Aware Processing, Computer Vision
3.By Application: Medical Administration And Support, Patient Management, Research And Development, Other Applications
4.By End User: Hospitals, Clinics, Research Institutions
Which Region Leads in the Artificial Intelligence In Medicine Market?
North America was the largest region in the artificial intelligence in medicine market in 2024. However, Asia-Pacific is expected to be the fastest-growing region in the forecast period. Other notable regions covered in the report include Western Europe, Eastern Europe, South America, Middle East and Africa.
Pre-book the Report for swift delivery: https://www.thebusinessresearchcompany.com/report/artificial-intelligence-in-medicine-global-market-report
What Is Covered In The Artificial Intelligence In Medicine Global Market Report?
- Market Size Analysis: Analyze the Artificial Intelligence In Medicine Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Artificial Intelligence In Medicine Market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Artificial Intelligence In Medicine Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Artificial Intelligence In Medicine Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
Request Customization for This Report: https://www.thebusinessresearchcompany.com/customise?id=13590&type=smp
Connect with us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company,
Twitter: https://twitter.com/tbrc_info,
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ.
Contact Us
Europe: +44 207 1930 708,
Asia: +91 88972 63534,
Americas: +1 315 623 0293 or
Email: mailto:info@tbrc.info
Learn More About The Business Research Company
With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Our flagship product, the Global Market Model delivers comprehensive and updated forecasts to support informed decision-making.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Artificial Intelligence in Medicine Market Set for Rapid Expansion by 2025, Driven by Patient Well-being and Revolutionizing Medical Robots here
News-ID: 3845847 • Views: …
More Releases from The Business Research Company
Segment Evaluation and Major Growth Areas in the Personalized Testing and Supple …
The personalized testing and supplements sector is gaining remarkable traction, driven by advancements in technology and a rising consumer focus on tailored health solutions. As more individuals seek customized wellness options, this market is set to experience substantial expansion in the coming years. Here's an in-depth look at its current valuation, key players, significant trends, and the main market segments shaping its future.
Market Valuation and Expansion Forecast for Personalized Testing…
Top Players and Market Competition in the Skin Microbiome Industry
The skin microbiome market is emerging as a significant area of interest due to growing awareness about the critical role of skin health and innovative skincare technologies. As research advances and consumer preferences shift towards more natural and science-backed products, this market is set to undergo substantial growth. Let's explore the current market size, key players, driving factors, and upcoming trends shaping the skin microbiome industry.
Projected Expansion in the Skin…
Key Strategic Developments and Emerging Changes Shaping the Upadacitinib Market …
The upadacitinib market is poised for significant expansion over the coming years, driven by advances in treatment options and increasing awareness of autoimmune diseases. This report delves into the market's current size, key drivers, major players, and the emerging trends shaping its future trajectory.
Steady Growth Expected in Upadacitinib Market Size Through 2029
The market for upadacitinib is projected to reach $2.54 billion by 2029, growing at a robust compound annual…
Analysis of Key Market Segments Driving the Alzheimer's Disease Diagnostic Marke …
The Alzheimer's disease diagnostic sector is rapidly evolving as advancements in technology and healthcare infrastructure open new possibilities for early detection and personalized treatment. With rising awareness and innovative approaches, this market is poised for significant growth in the coming years. Let's explore the current market size, key drivers, leading companies, and emerging trends that are shaping this critical healthcare field.
Projected Market Size and Growth Trends in Alzheimer's Disease Diagnostics…
More Releases for Artificial
Artificial Intelligence or Artificial Soul by Denise White
Author Denise White exposes the subtle societal forces shaping young minds and offers profound wisdom to help children develop resilience against artificial influences.
As artificial intelligence continues to permeate every aspect of modern life, from self-driving cars to virtual assistants, a critical question arises: Are we sacrificing our authenticity and human essence for the sake of technological advancement? In her latest book, Guarding the Child's Imagination , author Denise White sheds…
Artificial Neural Network Software Market: Advancements in Artificial Neural Net …
The Report on "Artificial Neural Network Software Market" provides Key Benefits, Market Overview, Regional Analysis, Market Segmentation, Future Trends Upto 2030 by Infinitybusinessinsights.com. The report will assist reader with better understanding and decision making.
Market Growth of Artificial Neural Network Software Market: The artificial neural network software market is experiencing robust growth as organizations across various industries increasingly leverage AI-driven solutions to enhance decision-making, automate processes, and gain actionable insights from…
Global Artificial Intelligence Market, Global Artificial Intelligence Industry, …
Major players in the artificial intelligence market are Google, IBM, Baidu, Microsoft, Apple Inc., Ipsoft, NVIDIA Corporation, Samsung Electronics Co.Ltd, and Micro Strategy Inc.
The Global Artificial Intelligence Market is expected to grow from USD 28.42 billion in 2019 to USD 40.74 billion in 2020 at a compound annual growth rate (CAGR) of 43.39%. The growth is mainly due to the COVID-19 health emergency across the globe that has led to…
Artificial Iris Market - Industry Analysis, Size, Share, Growth, Trends, and For …
The global Artificial Iris Market is anticipated to gain the market worth of US$ 16.28 million by 2025, expanding at a CAGR of 6.39% during the forecast period 2019-2025. The natural pupil controls the amount of light that enters the eye and people with pupil or iris abnormalities may experience glare or haloes in sunlight or bright artificial light. Patients may also feel self-conscious about the appearance of their eyes…
Global Artificial Organs Market Facts, Figures and Analytical Insights, 2018 to …
Artificial Organs Market Introduction
Artificial organ is an engineered device or tissue that is implanted into the human body. These artificial organs replace a natural organ in order to duplicate a specific function so that the patient can return to a normal life. It is a medical device with biochemical or mechanical function such as lung, heart, liver, kidney, or neurosensory organs.
Artificial organs are surgically implanted or are extra…
Artificial Kidney Market Report 2018: Segmentation by Type (Wearable Artificial …
Global Artificial Kidney market research report provides company profile for Medtronic, DaVita, Merit Medical Systems, NIPRO Medical Corporation, Nikkiso, B. Braun Melsungen AG, Kawasumi Laboratories, Fresenius, Baxter, Asahi Kasei Medical, Xcorporeal and Others.
This market study includes data about consumer perspective, comprehensive analysis, statistics, market share, company performances (Stocks), historical analysis 2012 to 2017, market forecast 2018 to 2025 in terms of volume, revenue, YOY growth rate, and CAGR for…
