Press release
Artificial Intelligence in Healthcare Market to Grow at a CAGR of 53.1% by 2024: Global Segmentation by Geography, Technology, Offering, Top Companies & End-Users
"Global Artificial Intelligence in Healthcare Market – Industry Trends and Forecast to 2024"
Global Artificial Intelligence in Healthcare Market 2017 examines the performance of the Artificial intelligence in Healthcare Market, enclosing an in-depth judgment of the Artificial intelligence in Healthcare Market Share and the competitive landscape globally.
Report Analysis:
Global Artificial Intelligence in Healthcare Market accounted for USD 703.4 million in 2016 growing at a CAGR of 53.1% during the forecast period of 2017 to 2024.
Global Artificial intelligence in Healthcare Market, By Geography; Technology (NLP, Context Aware Processing, Deep Learning, Querying Method); Offering (Hardware, Software, Services); Application (Patient Data and Risk Analysis, Medical Imaging & Diagnostics, Precision Medicine, Drug Discovery, Lifestyle Management & Monitoring, Virtual Assistant, Wearables, Inpatient Care & Hospital Management, Research); End-Users (Providers, Pharmaceutical & Biotechnology Companies, Payers, Patients, ACOS & MCOS) – Forecast to 2024
Report Drivers & Restraints:
• Increasing application in the field of genomics.
• Imbalance between health workforce and patients.
• Increasing internet usage and connected device.
• Significant increase in venture capital investments.
• Ambiguous regulatory guidelines for medical software.
• Reluctance among medical practitioners to adopt AI based technologies.
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Definition of Global Artificial Intelligence in Healthcare Market:
Artificial Intelligence (AI) is defined as the science and engineering of forming intelligent computer systems that are able to perform tasks without receiving instructions directly from humans. These computer systems use a number of different algorithms and decision-making capabilities, as well as vast amounts of data, to provide a solution or response to a request. There are number of applications within healthcare where can deliver incredible value is into pharmaceutical and biotechnology companies, payers, patients, ACOS and MCOS. Increasing internet usage and connected device may act as a major driver in artificial intelligence in healthcare market. On the other hand ambiguous regulatory guidelines for medical software may hamper the market.
Key Players:
Some of the major players of the global artificial intelligence in healthcare market are:
• IBM Corporation
• Google, Inc.
• Intel Corporation
• NVIDIA Corporation
• iCarbonX
• Microsoft Corporation
• Next IT Corp.
• General Vision, Inc.
• Welltok, Inc.
• Enlitic, Inc.
• General Electric Company
• Recursion Pharmaceuticals
• Stryker Corporation
• Medtronic plc
• Deep Genomics, Inc.
• Koninklijke Philips N.V.
• Oncora Medical, Inc., and others.
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Scope of the Report:
The global artificial intelligence in healthcare market is segmented on the basis of technology into natural language processing (NLP), context aware processing, deep learning, querying method, and others.
On the basis of application the global artificial intelligence in healthcare market trends is segmented into patient data and risk analysis, medical imaging and diagnostics, precision medicine, drug discovery, lifestyle management & monitoring, virtual assistant, wearables, inpatient care and hospital management, research, and others.
On the basis of end user the global artificial intelligence in healthcare market is further segmented into providers, pharmaceutical and biotechnology companies, payers, patients, ACOS and MCOS.
On the basis of geography, global artificial intelligence in healthcare market report covers data points for 28 countries across multiple geographies such as North America, South America, Europe, Asia-Pacific, and Middle East & Africa. Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa, and Brazil among others.
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