AI In Healthcare Market Leading to Exponential CAGR Growth by 2027 | Emergen Research

AI In Healthcare Market

Artificial intelligence (AI) has become a major transformational force in the global healthcare arena. Over the last few years, the healthcare industry has grown and developed at an unprecedented scale, and the role played by the AI integration in this arena has been highly prominent.

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Prominent Players Profiled in the Laparoscopy and Endoscopy Devices Market:

IBM (Watson Health), AiCure, Atomwise, Inc., Lifegraph, APIXIO, Inc., Cyrcadia Health Inc., Enlitic, Inc., iCarbonX, Zebra Medical Vision Ltd.

Market Drivers

The developments in Artificial Intelligence and data analytics have resulted in a robust expansion of the global AI in healthcare market. Most of the hospitals and other healthcare institutes around the world now use artificial intelligence for their operational initiatives, which helps them expand cost-saving, cater to the growing staffing and workforce requirements and enhance patient satisfaction.

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

End-User:

• Pharmaceuticals & Biotechnology Companies
• Hospitals & Healthcare Providers
• Healthcare Payers
• Patients
• Others (ACOS and MCOS)

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Key Objectives of the AI In Healthcare Market Report:

• Analysis and forecast of the Global AI In Healthcare Market by segmentation of the market
• Analysis of various macro and micro-economic factors influencing the growth of the market
• Extensive SWOT analysis and Porter’s Five Forces analysis to offer a detailed view of the competitive landscape
• Insights into drivers, restraints, opportunities, limitations, threats, and challenges
• Analysis of the key players operating in the industry
• Strategic recommendations to the new entrants pertaining to entry-level barriers and to established players for formulating fruitful business plans

Regional Outlook

North America emerged as the dominator of the global AI in healthcare market in 2018, with a robust USD of 653.9 million market value.  This region is presumed to sustain its position during the forecast period. The major growth of the AI in healthcare sector in the region is prominently due to the rising use of HCIT solutions and the extensive focus on health management. Moreover, the Asia Pacific AI in healthcare industryis expected to witness major growth during the forecast period, due tofactors like extensive research and development expenses, increasing income of individuals, rising advancements in the region’s biotechnology and pharmaceutical sectors.

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