New AI innovations bring the healthcare sector to a CAGR of 54.5% by 2025
Global Artificial Intelligence in Healthcare Market valued approximately USD 650 million in 2016 is anticipated to grow with a healthy growth rate of more than 54.5% over the forecast period 2017-2025. Healthcare organizations are investing heavily in information technology and are actively looking forward to utilized big data capabilities for effective functioning. #ArtificialIntelligence in healthcare is expected to bring revolutionary changes in terms of reduction in terms of healthcare cost reduction and quality treatment.
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players.
The detailed segments and sub-segment of the market are explained below:
Components:
Hardware
Software
Services
Technology:
Deep Learning
Querying Method
Natural Language Processing
Context-Aware Processing
Application:
Patient Data and Risk Analysis
Lifestyle Management and Monitoring
Precision Medicine
In-Patient Care and Hospital Management
Medical Imaging and Diagnosis
Drug Discovery
Virtual Assistant
Wearables
Research
End-User:
Providers
Pharmaceuticals and Biotechnology
Accountable Care Organization and Managed Care Organization
Patients
Payers
Regions:
North America
o The U.S.
o Canada
Europe
o UK
o Germany
Asia Pacific
o China
o India
o Japan
Latin America
o Brazil
o Mexico
Rest of the World
Furthermore, years considered for the study are as follows:
Historical year – 2015
Base year – 2016
Forecast period – 2017 to 2025
Some of the key manufacturers involved in the market are Intel Corporation, NVIDIA Corporation, Google Inc., IBM Corporation, Microsoft Corporation, General Vision, Inc., Next IT Corp, and others. Frequent cross-industry partnerships are leading to market consolidation.
Target Audience of the Artificial Intelligence in Healthcare Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors
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