Pune, India -- (SBWIRE) -- 06/20/2018 -- Market Analysis:

The Global Artificial Intelligence in Healthcare Market accounted for USD 703.4 million in 2016 growing at a CAGR of 53.1% during the forecast period of 2017 to 2024. The upcoming market report contains data for historic year 2014, 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024.

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Global Artificial intelligence in Healthcare market, By Geography; Technology (NLP, Context Aware Processing, Deep Learning, Querying Method); Offering (Hardware, Software, Services); Application (Patient Data and Risk Analysis, Medical Imaging & Diagnostics, Precision Medicine, Drug Discovery, Lifestyle Management & Monitoring, Virtual Assistant, Wearables, Inpatient Care & Hospital Management, Research); End-Users (Providers, Pharmaceutical & Biotechnology Companies, Payers, Patients, ACOS & MCOS) – Industry Trends and Forecast to 2024

Top Key Players:

- IBM Corporation
- Google, Inc.
- Intel Corporation
- NVIDIA Corporation
- iCarbonX
- Microsoft Corporation
- Next IT Corp.
- General Vision, Inc.
- Welltok, Inc.
- Enlitic, Inc.
- General Electric Company
- Recursion Pharmaceuticals
- Stryker Corporation
- Medtronic plc
- Deep Genomics, Inc.
- Koninklijke Philips N.V.
- Oncora Medical, Inc.
- Others.

Report Drivers & Restraints:

- Increasing application in the field of genomics.
- Imbalance between health workforce and patients.
- Increasing internet usage and connected device.
- Significant increase in venture capital investments.
- Ambiguous regulatory guidelines for medical software.
- Reluctance among medical practitioners to adopt AI based technologies.

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Report Segmentation:

The global artificial intelligence in healthcare market is segmented on the basis of technology into:

- Natural Language Processing (NLP)
- Context Aware Processing
- Deep Learning
- Querying Method
- Others

On the basis of application the global artificial intelligence in healthcare market trends is segmented into:

- Patient Data and Risk Analysis
- Medical Imaging and Diagnostics
- Precision Medicine
- Drug Discovery
- Lifestyle Management & Monitoring
- Virtual Assistant
- Wearables
- Inpatient Care and Hospital Management
- Research
- Others.

On the basis of end user the global artificial intelligence in healthcare market is further segmented into:

- Providers
- Pharmaceutical and Biotechnology Companies
- Payers
- Patients
- ACOS and MCOS.

On the basis of geography, global artificial intelligence in healthcare market report covers data points for 28 countries across multiple geographies such as:

- North America
- South America
- Europe
- Asia-Pacific
- Middle East & Africa

Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa, and Brazil among others.

Market Definition:

Artificial Intelligence (AI) is defined as the science and engineering of forming intelligent computer systems that are able to perform tasks without receiving instructions directly from humans. These computer systems use a number of different algorithms and decision-making capabilities, as well as vast amounts of data, to provide a solution or response to a request. There are number of applications within healthcare where can deliver incredible value is into pharmaceutical and biotechnology companies, payers, patients, ACOS and MCOS. Increasing internet usage and connected device may act as a major driver in artificial intelligence in healthcare market. On the other hand ambiguous regulatory guidelines for medical software may hamper the market.

Frequently Asked Questions:

- What will the market size be in 2024?
- What are the key factors driving the global market?
- What are the challenges to market growth?
- Who are the key players in the market?
- What are the market opportunities and threats faced by the key players?
- What will be the growth rate in 2024?
- Which strategies are used by top players in the Global Artificial Intelligence in Healthcare Market?

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