The latest report titled Global Artificial Intelligence in Healthcare Market contains an in-depth analysis of the fundamental parameters contributing to the global Artificial Intelligence in Healthcare Market scenario. This research report offers readers an in-depth interpretation of the dynamics of the Artificial Intelligence in Healthcare Market, including key drivers, opportunities, threats, and challenges. The report also briefly discusses key business strategies, supply-demand ratios, key regions, prominent market players, and offers a future outlook for the overall Artificial Intelligence in Healthcare market industry.
The global artificial intelligence (AI) in healthcare market size reached USD 16.50 billion in 2022 and is projected to grow at a revenue CAGR of 37.3% over the forecast period. The healthcare industry is increasingly embracing technologies like computer vision (CV) and natural language processing (NLP), and there are more government measures to support the digitalization of the industry. These trends are major drivers of market revenue growth.
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In the healthcare industry, CV is used to examine medical pictures, such as X-rays and MRI scans, for diagnosis and to help identify diseases. It can be used to schedule operations, model organs in three dimensions, simulate procedures and monitor vital signs, as well as follow the development of diseases using imaging. Large amounts of text-based medical data are analysed and important information is extracted from electronic medical records using natural language processing (NLP), which supports treatment planning and aids physicians in making decisions. Numerous pieces of scientific literature can be analysed using NLP to find potential drug targets.
The competitive landscape of the report has been formulated by considering all the vital parameters such as company profiling, market share, recent developments and advancements, gross margins, product portfolio, revenue generation, financial standing, market position, and expansion plans. The report also discusses in detail the recent mergers and acquisitions, joint ventures, collaborations, product launches and brand promotions, agreements, corporate and government deals, and partnerships, among others. The report also sheds light on the recent technological developments and product advancements in the Artificial Intelligence in Healthcare market.
Key Companies Profiled in the Report:
- IBM Corporation
- Nuance Communications, Inc
- Koninklijke Philips N.V.
- Alphabet Inc
- Siemens Healthcare GmbH
- NVIDIA Corporation
- Intel Corporation
- Babylon Inc.
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Key insights presented in the report:
Market revenue shares by major business players, by type, by application, and market scope of global Artificial Intelligence in Healthcare market
Sales revenue by key players and new entrants
Competitive analysis of key players, including aspects such as company overview, product or services specification, vendors, and buyers
Recent mergers, acquisitions, product launches, recent investments, and joint ventures
Regional analysis to provide insight into recent trends and opportunities
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)
- 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)
- Hospitals & Clinics
- Pharmaceutical Companies
North America (the US, Canada, Mexico)
Europe (the UK, Germany, France, Italy)
Asia Pacific (India, China, Japan, Korea)
Latin America (Brazil, Argentina, Ecuador, Chile)
Middle East Africa (Egypt, Turkey, Saudi Arabia, Iran)
Key questions addressed in the report:
Who are the leading players dominating the global Artificial Intelligence in Healthcare Market?
Which factors could potentially hamper the global market growth during the forecast period?
Which regional market offers the most attractive growth opportunities to the companies operating in this market?
How is the raw material availability affecting the demand for Artificial Intelligence in Healthcare in this industry vertical?
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