AI In Healthcare Market - Industry Analysis, Covid-19 Impact of Market

The report guides market participants, emerging players, and stakeholders on how to combat the COVID-19 pandemic.

The Global AI In Healthcare Market report, published by Emergen Research, is a detail-oriented compilation of the crucial aspects of the  AI In Healthcare Market , including the key players’ product offerings, the wide application range of these products, the major market segments, leading market contenders, their company profiles, pricing strategies, production capacities, revenue generation schemes, technological advancements, and many others. The primary addressees of this report include some of the globally renowned venture capitalists.

Artificial intelligence (AI) has emerged as a radical transformational force in the global healthcare arena. Both providers and seekers in the patient care continuum have benefitted from the profound impact of AI-driven tools.  Over the past decade, the healthcare space has expanded and evolved at an unprecedented scale, and the role of AI integration into this sector has been highly significant. AI in healthcare offers countless opportunities to organizations to capitalize on state-of-the-art technology to provide more efficient interventions, starting from chronic diseases like cancer to radiologic procedures and risk assessment. AI in the healthcare space proffers numerous advantages over traditional analytical methods and decision-making processes. 

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Market Drivers

The rising worldwide demand for personalized medicines and the increasing adoption of advanced healthcare technology in hospitals drive market growth. Increased demand for new technology, a growing amount of surgical operations, pollution in operating rooms (OR) in hospitals, patient welfare problems in OR combined with increased preference for moderately invasive surgery (MIS) are the key drivers of market growth.

Key participants include IBM (Watson Health), AiCure, Atomwise, Inc., Lifegraph, APIXIO, Inc., Cyrcadia Health Inc., Enlitic, Inc., iCarbonX, Zebra Medical Vision Ltd, Butterfly Network, Inc., Insilico Medicine, Inc., Sophia Genetics, Pathway Genomics Corporation, Modernizing Medicine, Sense.ly, and Welltok, among others.

Key reasons to buy the Global AI In Healthcare Market report:

  1. The latest report comprehensively studies the global AI In Healthcare market size and provides useful inference on numerous aspects of the market, such as the current business trends, market share, product offerings, and product share.
  2. The report offers an insightful analysis of the regional outlook of the market.
  3. It offers a detailed account of the end-use applications of the products services offered by this industry.
  4. The report holistically covers the latest developments taking place in this industry. Therefore, it lists the most effective business strategies implemented by the market rivals for ideal business expansion.

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The report also talks about the shift in demands and emerging trends that are expected to drive the growth of the market. The rising demand for the AI In Healthcare Market  products is expected to drive the demand for AI In Healthcare Market  , thereby bolstering the growth of the industry. Moreover, the report also studies the impact of the COVID-19 pandemic on the market.

Market Segmentations of the AI In Healthcare Market

This market is segmented based on Types, Applications, and Regions. The growth of each segment provides accurate forecasts related to production and sales by Types and Applications, in terms of volume and value for the period between 2020 and 2028. This analysis can help readers looking to expand their business by targeting emerging and niche markets. Market share data is given on both global and regional levels. Regions covered in the report are North America, Europe, Asia Pacific, Latin America, and Middle East Africa. Research analysts assess the market positions of the leading competitors and provide competitive analysis for each company. For this study, this report segments the global AI In Healthcare market on the basis of product, application, and region:

Segments Covered in this report are:

  • Technology Type:

    • Machine Learning
    • Deep Learning
    • Reinforcement Learning
    • Supervised Learning
    • Unsupervised Learning
    • Others
    • Computer Vision
    • Context-Aware Computing
    • Natural Language Processing
  • Offering:

    • Software
    • AI Platform
    • Machine Learning Framework
    • Application Program Interface
    • AI Solutions
    • Cloud
    • On-Premise
    • Deployment Integration
    • Support Maintenance
    • Hardware
    • Processor
    • GPU
    • MPU
    • ASIC
    • FPGA
    • Network
    • Memory
  • Application:

    • Inpatient Care Hospital Management
    • Medical Imaging Diagnostics
    • Lifestyle Management Patient Monitoring
    • Drug Discovery Research
    • Patient Data Risk Analysis
    • Virtual Assistants
    • Healthcare Assistance Robots
    • Emergency Room Surgery
    • Precision Medicine
    • Mental Health
    • Wearables
    • Cybersecurity

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Regional Outlook

North America led the industry with a share of 43.9% in 2019 in terms of revenue. The main factors driving the regional market's growth are the growing demand for accessible healthcare services, increasing the need to reduce healthcare expenditure and the active acceptance of EHR by healthcare providers. The Asia Pacific operating room integration market is expected to expand significantly in the forecast period. Development is fueled by an increasing pool of patients suffering from chronic conditions involving surgical treatments and a growing need for advanced hospital medical devices.

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PrathameshBaramati

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