Artificial intelligence continues to propel the healthcare industry with increasing revenue at a global level. The rapid pace at which the scientific innovations are taking place, the spanning of artificial intelligence into various healthcare verticals and the fact that the efficiency of systems can be improved using artificial intelligence led to the global emergence of artificial intelligence market in healthcare sector. The global Artificial Intelligence market in healthcare sector is estimated to witness a growth at a CAGR of XX% over the period 2017 to 2025. This growth is expected due to increasing need for driving huge amount of complex data which can be achieved with the usage of artificial intelligence.
The North American industry was an early adopter of artificial intelligence technologies which has now made it a hub for the companies providing artificial intelligence solutions for the healthcare market. With the presence of all the major companies in the artificial intelligence market, this region acquires the major market share and is currently dominating global artificial intelligence in the healthcare market. The region also offers companies potential growth opportunities because of the increased adoption of artificial intelligence technologies across various verticals of the healthcare industry.
The most often used strategy for developing a better hold on to the market has been through partnerships & collaborations, followed by new product launches. Moreover, the company profile section includes highlights of significant information about the key companies involved along with their financial positions, key strategies, and developmental activities of recent years. Some of the key players involved in this market are iCarbonX.com, GE Healthcare, Medtronic PLC, Enlitic Inc., Alphabet Inc., NVIDIA Corporation, Next IT Healthcare, Johnson & Johnson Services Inc., Microsoft Corporation, Koninklijke Philips N.V., International Business Machines Corporation, Intel Corporation, Siemens Healthcare GmbH, Flatiron Health Inc., and Welltok Inc.
The report is a compilation of different applications of Global Artificial Intelligence Market in Healthcare Sector including real-time monitoring, precision medicine, personal health & nursing assistants, drug development & discovery, robot-assisted surgery, administrative workflow assistance, clinical trials, and diagnostic & clinical decision support. It further takes in market dynamics. The report also discusses in detail about the key participants involved in the industry.
The report answers the following questions about the Global Artificial Intelligence Market in Healthcare Sector:
- What is the size, in terms of value ($million), of artificial intelligence market in healthcare sector in 2016, and growth rate during the forecast period, 2017-2025?
- What are the major market drivers, challenges and opportunities in the global artificial intelligence market in healthcare sector?
- What is the market share of the leading applications of the global artificial intelligence market in healthcare sector in 2016 and 2025?
- How will each application of the global artificial intelligence market in healthcare sector grow during the forecast period and what will be the revenue generated by each of the application by the end of 2025?
- How will the industry evolve during the forecast period between 2016 and 2025?
- Which geographical location will dominate the artificial intelligence market in healthcare sector?
- What are the new strategies adopted by the existing market players to make a mark in the industry?
- Who are the key players in the artificial intelligence market in healthcare sector?