The latest market intelligence report, titled ‘Global Artificial Intelligence in Healthcare Market’, is intended to provide the target audience with the necessary information about the global Artificial Intelligence in Healthcare Market industry. The report comprises a detailed analysis of the vital elements of the Artificial Intelligence in Healthcare Market, including key drivers, constraints, opportunities, limitations, threats, and micro-and macro-economic factors. The report carefully investigates the present market scenario and the fundamental growth prospects. The report entails an organized database of the Artificial Intelligence in Healthcare Market dynamic that helps market analysts estimate the global market growth rate over the projected timeline.
The global Artificial Intelligence (AI) in healthcare market size reached USD 16.50 Billion in 2022 and is expected to register a revenue CAGR of 37.3% during the forecast period. Rising adoption of technologies such as Computer Vision (CV) and Natural Language Processing (NLP) in the healthcare sector and rise in government initiatives to facilitate digitalization of the healthcare sector are key factors driving market revenue growth.
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In the healthcare sector, CV is used to analyze medical images (such as X-rays, and Magnetic Resonance Imaging (MRI) scans) for diagnosis and to assist in disease detection. It can be used to plan surgeries, create 3D models of organs, simulate procedures and vital signs, and track the progression of diseases through imaging. NLP is used to extract relevant information from electronic medical records and analyze large amounts of text-based medical data to support treatment planning and help doctors make informed decisions. NLP can be used to analyze large amounts of scientific literature and identify potential drug targets. Rising adoption of technologies such as Computer Vision (CV) and Natural Language Processing (NLP) is expected to drive revenue growth of the market.
The primary aim of the report is to offer market overview, product scope, growth prospects, and risks. The report also offers in depth information about each player in the global Artificial Intelligence in Healthcare market along with its global standing, financial status, product launch, business expansion plans among others. The market players are focused on developing various strategies such as partnerships, mergers and acquisitions, joint ventures, product launches, and research and development investments.
Companies profiled in the global Artificial Intelligence in Healthcare market:
IBM Corporation
Nuance Communications, Inc
PathAI
Koninklijke Philips N.V.
Alphabet Inc
Microsoft
Siemens Healthcare GmbH
NVIDIA Corporation
Intel Corporation
Babylon Inc.
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The report also covers the scope of individual applications and types in each region. The report also covers details about production and consumption patterns, technological developments, revenue growth, market size, market share, key trends and demands influencing market growth in the region, and robust presence of key players in the region.
Emergen Research has segmented the global Artificial Intelligence (AI) in healthcare market on the basis of offering, technology, application, end-use, and region:
Offering Outlook (Revenue, USD Billion; 2019-2032)
- Hardware
- Software
- Services
Technology Outlook (Revenue, USD Billion; 2019-2032)
- Machine Learning
- Natural Language Processing
- Computer Vision
- Context-aware Computing
Application Outlook (Revenue, USD Billion; 2019-2032)
- Preventive Healthcare
- Risk Analysis
- Hospital Management
- Medical Imaging Diagnostics
- Drug Discovery
- Surgical Robots
- Precision Medicine
End-Use Outlook (Revenue, USD Billion; 2019-2032)
- Patients
- Hospitals Clinics
- Pharmaceutical Companies
Key Points Covered in This Section:
- Regional contribution
- Estimated revenue generation
- Vital data and information about the consumption rate in all the leading regional segments
- An expected rise in market share
- Forecast growth in the overall consumption rate
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Regional segmentation comprises of a current and forecast estimation of the market in the key geographical regions such as North America, Europe, Asia Pacific, Latin America, and Middle East Africa.
Regional Outlook of Artificial Intelligence in Healthcare Market:
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 APAC
Latin America
Brazil
Rest of LATAM
Middle East Africa
Saudi Arabia
U.A.E.
South Africa
Rest of MEA
Key Features of the Artificial Intelligence in Healthcare Market Report:
The report offers details about key drivers, restraints, opportunities, challenges, growth prospects, limitations, and threats
The report encompasses details about the key companies, product portfolio along with specifications, production valuation, and market shares
Evaluation of key current and emerging market trends and growth prospects
It also offers research-backed estimations for the forecast period of eight years, primarily to estimate the potential market growth
Brief overview of industry with regards to research and development, technological advancements, and product development
In-depth assessment of upstream raw materials, downstream buyers, demands, and current market scenario
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