Selbyville, DE -- (SBWire) -- 04/03/2019 --U.S. artificial intelligence market dominated the North America region with more than 90% revenue share in 2018. Considerable revenue share is attributed to high adoption of innovative healthcare technologies such as big data in disease diagnosis. Hospitals covered under public healthcare systems in the U.S. have considerable adoption of AI solutions for managing and processing large amount of patient data that will prove beneficial for the industry growth. Moreover, several government initiatives and favorable regulations augment the industry growth.
Request a sample of this premium report at: www.marketstudyreport.com/request-a-sample/448839/?utm_source=Releasewire.com-AN
UK artificial intelligence market will grow at 42.4% during the analysis period. Increasing adoption of artificial intelligence in research area coupled with continuous technological upgradations in healthcare industry will fuel industry expansion. Furthermore, numerous efforts undertaken by local industry players such as arrangement of workshops to escalate awareness regarding availability of AI platforms amongst the healthcare professionals will trigger industry growth.
Growing applications of AI for healthcare and research purposes, including detection of disease, management of chronic condition, delivery of health services and drug discovery will accelerate the healthcare artificial intelligence market growth over the forecast period. Key industry players operational in healthcare artificial intelligence market focus on developing technologically upgraded solutions that will positively influence its demand. For instance, healthcare professionals in developing economies with large population mostly rely on upgraded software and solutions that augments the demand for recently developed AI solutions and software. However, high initial capital requirement to digitalize untapped healthcare market may impede healthcare artificial intelligence industry growth over the coming years.
Healthcare Artificial Intelligence Market will exceed USD 13 billion by 2025; as per a new research report. Advancements in big data analytics is the key impact rendering factor that drives the healthcare artificial intelligence market growth. Healthcare analytic solutions and software developed by key industry players help in reducing costs, provide better patient outcomes, detect as well as avoid preventable diseases and improve quality of life. Therefore, availability of machine learning algorithms such as neural networks, linear models and decision trees that are implemented in hospital industry positively impacts the healthcare artificial intelligence market. Moreover, integrating data analytics, machine learning and cloud technologies will enable remote monitoring of patients suffering from chronic diseases that will further favor the industry growth.
Request a discount on standard prices of this premium report at:
www.marketstudyreport.com/check-for-discount/448839/
Drug discovery held 27.1% revenue share in 2018 and it is anticipated to experience significant growth during the analysis period. Stupendous segmental revenue share is attributed to capability of software and solutions integrated with AI that facilitates the drug discovery process. These solutions enables identification as well as screening of molecules rapidly and effectively. Additionally, recently developed solutions also have pivotal role in effective drug designing that should spur the segment growth. Chief players in healthcare artificial intelligence market include Aicure, Atomwise, Cyrcardia Health, IBM Watson Health, Lifegraph, Sensely, Sophia Genetics, Zebra Medical vision, Welltok, Pathway Genomics, Enlitic, Insilico Medicine. Industry players are mainly focusing on inorganic strategies such as partnerships, merger and acquisitions to maintain their market position as well as to strengthen product portfolio.
Table of Content:
Chapter 1. Methodology
1.1. Methodology
1.2. Market definitions
1.3. Forecast parameters
1.4. Data sources
1.4.1. Secondary
1.4.1.1. Paid sources
1.4.1.2. Unpaid sources
1.4.2. Primary
Chapter 2. Executive Summary
2.1. Healthcare artificial intelligence industry 360 degree synopsis, 2014 - 2025
2.1.1. Application trends
2.1.2. Regional trends
Chapter 3. Healthcare Artificial Intelligence Industry Insights
3.1. Industry segmentation
3.2. Industry landscape, 2014 - 2025
3.3. Industry impact forces
3.3.1. Growth drivers
3.3.1.1. Rising adoption of healthcare artificial intelligence in research areas
3.3.1.2. Increasing range of future applications
3.3.1.3. Advancements in big data analytics
3.3.1.4. Favorable funding scenario in China and Singapore
3.3.1.5. Potential to increase quality of care delivery
3.3.2. Industry pitfalls and challenges
3.3.2.1. High initial capital requirement
3.3.2.2. Large scale human unemployment
3.3.2.3. Difficulty in deployment
3.3.2.4. Start-up scenario
3.4. Healthcare artificial intelligence projects
3.5. Microsoft announced new AI-powered health bot project
3.5.1. iCarbonX heads consortium using artificial
3.5.2. Orbital Media develops cutting edge artificial intelligence technologies
3.5.3. Partners HealthCare and GE collaborates
3.6. Medical and technological advancements
3.6.1. U.S.
3.6.2. Europe
3.6.3. Asia Pacific
3.7. Regulatory landscape
3.7.1. U.S.
3.7.2. Europe
3.8. Growth potential analysis
3.8.1. By application
3.9. Porter's analysis
3.10. Competitive landscape, 2017
3.10.1. Strategy dashboard
3.11. PESTEL analysis
Chapter 4. Healthcare Artificial Intelligence Market, By Application
4.1. Key segment trends
4.2. Medical imaging & diagnosis
4.2.1. Market size, by region, 2014-2025 (USD Million)
4.3. Drug discovery
4.3.1. Market size, by region, 2014-2025 (USD Million)
4.4. Therapy planning
4.4.1. Market size, by region, 2014-2025(USD Million)
4.5. Hospital workflow
4.5.1. Market size, by region, 2014-2025 (USD Million)
4.6. Wearables
4.6.1. Market size, by region, 2014-2025 (USD Million)
4.7. Virtual Assistants
4.7.1. Market size, by region, 2014-2025 (USD Million)
4.8. Others
4.8.1. Market size, by region, 2014-2025 (USD Million)
Chapter 5. Healthcare Artificial Intelligence Market, By Region
Chapter 6. Company Profiles
For More Details On this Report: https://bit.ly/2QyQDWB
Related Report:
Global Artificial Intelligence (AI) Robots Market Insights, forecast to 2025
The Artificial Intelligence (AI) Robots market was valued at Million US$ in 2018 and is projected to reach Million US$ by 2025, at a CAGR of during the forecast period. In this study, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Artificial Intelligence (AI) Robots.
https://www.marketstudyreport.com/reports/global-artificial-intelligence-ai-robots-market-insights-forecast-to-2025
About Market Study Report
Marketstudyreport.com allows you to manage and control all corporate research purchases to consolidate billing and vendor management. You can eliminate duplicate purchases and customize your content and license management.
Contact Us:
Market Study Report LLC
4 North Main Street,
Selbyville, Delaware 19975
USA
Phone: 1-302-273-0910
US Toll Free: 1-866-764-2150
Email: sales@marketstudyreport.com
Website: www.marketstudyreport.com
Blog: www.marketstudyreport.com/blog
Healthcare Artificial Intelligence Market Size to Grow Extensively with 41.7% CAGR by 2025
The newly released research at Market Study Report titled “2019-2025 Global Healthcare Artificial Intelligence Market Report” provides data, information, brief analysis, company profiles, statistics for past years and forecasts for next few years.