In the end of 2021, the global artificial intelligence in healthcare market size was estimated to be worth roughly US$ 7.0 billion. The market is expected to grow at a 38.5% CAGR and reach a value of US$ 181.8 billion by 2032.
In healthcare, artificial intelligence (AI) is used to interpret and analyse data in order to perform clinical diagnosis and provide appropriate treatment solutions for a problem. It analyses disease patterns and symptoms utilising a variety of technologies and powerful algorithms, while also providing improved direction, criticism, and assistance to healthcare providers. Furthermore, AI-powered systems can evaluate healthcare data via wearable smart devices, deliver digital and virtual consultations to patients, and provide drug formulation and management services.
The expanding usage of robots in surgical and rehabilitation therapies in the healthcare industry is one of the primary reasons driving market growth. Robots can perform minimally invasive (MI) surgery in neurological, orthopaedic, and laparoscopic procedures. Furthermore, the market is benefiting from the growing trend of healthcare digitization and automation. AI is being utilised to facilitate and secure data management in a number of medical systems and devices. This also contributes to the generation of patient-specific data, which is utilised to deliver specialised pharmaceutical and diagnostic services.
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Critical Questions Answered in the Report
- What are ongoing trends that will shape market growth curve for global Artificial Intelligence In Healthcare market?
- What are the drivers and challenges affecting the Artificial Intelligence In Healthcare market demand?
- What are the recent technological advancement in the Artificial Intelligence In Healthcare market?
- What are key trends and opportunities that will prevail the revenue growth of Artificial Intelligence In Healthcare market players?
- How will evolving regulatory policies impact the market growth?
Artificial Intelligence In Healthcare Market: Segmentation
By Region
- North America
- Latin America
- Europe
- East Asia
- South Asia
- Oceania
- Middle East & Africa
Detailed analysis on the geographical region and country wise insights are offered in the latest Artificial Intelligence In Healthcare market report with established market players as well as incumbents in the region.
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Key Segments Covered in the Artificial Intelligence in Healthcare Industry Survey
By Offering:
- Hardware
- Software
- Services
By Technology:
- Machine Learning
- Context-Aware Computing
- Natural Language Processing
- Deep Learning
- Querying Method
- Others
By Application:
- Robot-Assisted Surgery
- Virtual Nursing Assistant
- Administrative Workflow Assistance
- Fraud Detection
- Dosage Error Reduction
- Clinical Trial Participant Identifier
- Preliminary Diagnosis
- Others
By End User:
- Healthcare Providers
- Pharmaceutical and Biotechnology Companies
- Patients
- Others
Comprehensive analysis of the regional markets offers exclusive insights on the market performance across geographies along with relevant graphs, figures, and list of tables.
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Competitive Analysis
By Prominent Market Players
- Amazon Web Services Inc.
- Cloudmedx Inc.
- DeepMind
- Enlitic Inc.
- General Vision Inc.
- Google Inc.
- International Business Machines
- iCarbonX
- Intel Corporation
- Medtronic
- Micron Technology Inc.
- Microsoft Corporation
- Nuance Communications Inc.
- Nvidia Corporation
- Siemens Healthcare and Welltok Inc
With an extensive SWOT analysis, the FMI’s study presents the strengths, weaknesses, growth prospects and challenges of each player. The report also includes important data including the sales strategy, pricing strategy, and marketing strategy adopted by these players in the Artificial Intelligence In Healthcare market
Why Future Market Insights?
- Comprehensive analysis on evolving purchase pattern across different geographies
- Detailed insights of market segments and sub-segments for historical as well as forecast period
- A competitive analysis of prominent players and emerging players in the Artificial Intelligence In Healthcare market
- Detailed information about the product innovation, mergers and acquisitions lined up in upcoming years
- Ground breaking research and market player-centric solutions for the upcoming decade according to the present market scenario
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