Healthcare Artificial Intelligence Market Overview:
The Healthcare Artificial Intelligence Market is projected to grow at a CAGR of 10.12 % to reach US$ 320 billion by 2028 from US$ 148 billion in 2020. Artificial Intelligence essentially uses machine learning algorithms and deep learning to gather and process data and furnish it to the end-user. The foremost am of using healthcare artificial intelligence is to scrutinize relationships between prevention techniques and patient results. It is thus used to analyze a chunk of data through Electronic Health Records to prevent disease. A major reason for the growth of this market is the increase in the number of chronic diseases and fewer health care facilities available. According to the World Economic Forum report, “One in three adults worldwide has multiple chronic conditions: cardiovascular disease alongside diabetes, depression as well as cancer, or a combination of three, four, or even five or six diseases at the same time. NCDs represent more than half the global burden of diseases. With the spread of such chronic diseases, globally, the health care industry has recognized the importance of healthcare artificial intelligence.
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The software industry provides numerous services to the healthcare industry. With the advent of medical software, human errors are minimized in the global medical market. Using advanced software in healthcare enables the clinical experts to expertise their practices. Software providers are gaining huge opportunities in the healthcare artificial intelligence (AI) market. Software development companies are constantly striving to improve the industry and bring innovations.
The Healthcare Artificial Intelligence Market is segmented as below:
Global Healthcare Artificial Intelligence Market, by Product & Services
Global Healthcare Artificial Intelligence Market, by Technology
Machine Learning (ML)
Natural Language Processing (NLP)
Context Aware Processing
Global Healthcare Artificial Intelligence Market, by Application
Hospital Workflow Management
Patient Data and Risk Analytics
Medical Imaging and Diagnosis
Other applications comprises of bioinformatics, wearable devices, and virtual assistance. Global Healthcare Artificial Intelligence Market, by End User
Hospitals and Diagnostic Centers
Pharmaceutical and Biopharmaceutical Companies
Other End Users
Other end users comprise of accountable care organizations, clinical research organizations, and managed care organizations Global Healthcare Artificial Intelligence Market, by Geography
Rest of Europe (RoE)
Rest of APAC (RoAPAC)
Middle East & Africa
A selection of companies mentioned in this report includes:
IBM (International Business Machines)
Shimadzu Recursion Pharmaceuticals
Table of Contents
1.1. Market Definition
1.2. Market Ecosystem
1.4. Key Stakeholders
2. Research Methodology
2.1. Research Process
2.2. Data Collection & Validation
2.2.1. Secondary Research
2.2.2. Primary Research
2.3. Market Assessment
2.3.1. Market Size Estimation
126.96.36.199. Bottom-Up Approach
188.8.131.52. Top-Down Approach
184.108.40.206. Growth Forecast
2.3.2. Market Share Analysis
2.4. Assumptions for the Study
2.5. Limitations for the Study
10. Competitive Landscape
10.2. Key Growth Strategies
10.3. Competitive Benchmarking
10.4. Market Share Analysis (2019)
10.4.1. Microsoft Corporation (U.S.)
10.4.2. GE Healthcare (U.S.)
10.4.3. IBM Corporation (U.S.)
11. Company Profiles
11.1. Intel Corporation
11.2. IBM Corporation
11.3. NVIDIA Corporation
11.4. Microsoft Corporation
11.5. Alphabet Inc. (Google Inc.)
11.6. GE Healthcare (A Part of General Electric Company)
11.7. Verint Systems Inc.
11.8. General Vision, Inc.
11.9. Welltok, Inc.
12.2. Available Customization
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