Harrisburg, NC -- (SBWire) -- 03/06/2019 --Global Artificial Intelligence (AI) in Healthcare Market Insights, Forecast to 2025

Artificial intelligence (AI) can be defined as the science and engineering adopted to design intelligent machines, especially intelligent computer programs. AI is an intelligent system that applies various human intelligence based functions such as reasoning, learning, and problem-solving skills on different disciplines such as biology, computer science, mathematics, linguistics, psychology, and engineering. AI is widely applicable in medication management, treatment plans, and drug discovery.

The growth of the global AI in healthcare market is driven by the ability of AI to improve patient outcomes, need to increase coordination between healthcare workforce & patients, increase in adoption of precision medicine, and a notable rise in venture capital investments. In addition, rise in importance of big data in healthcare is expected to fuel the market growth. The market is expected to witness a moderate growth during the forecast period, owing to rise in adoption of AI systems.

Furthermore, technological advancements in AI systems are anticipated to augment the market growth. Prospective of AI-based tools for elderly care and the untapped potential of emerging markets, such as China and India, are expected to present various opportunities for market expansion. However, an imprecise regulatory scenario and reluctance among healthcare professionals to adopt AI-based technologies are expected to hamper the market growth.

The Global Artificial Intelligence (AI) in Healthcare market is estimated to be valued at USD 2.1 billion in 2018 and is expected to reach USD 36.1 billion by 2025, at a CAGR of 50.2% from 2018 to 2025

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Top Leading Companies are: Intel Corporation,Nvidia Corporation,Google,IBM Corporation,Microsoft Corporation,General Vision,Enlitic,Next IT,Welltok,Icarbonx,Recursion Pharmaceuticals,Koninklijke Philips,General Electric (GE) Company,Siemens Healthineers (A Division of Siemens AG),Johnson & Johnson Services,Medtronic,Stryker Corporation,Careskore,Zephyr Health,Oncora Medical,Sentrian,Bay Labs,Atomwise,Deep Genomics,Cloudmedx

AI in planning and scheduling methods can offer substantial support to the management of hospitals and patient care, thereby improving administrative workflow assistance. AI-enabled bots is an AI application that patients can interact with through a chat window on a website or through a telephone. Applications such as scheduling appointments; checking insurance coverage parameters; instantly accessing information about drug interactions and side effects; collecting the latest information about patient medications, care team, and recent procedures; designing special diet plans for patients with dietary restrictions; and engaging with discharged patients to follow up on treatment plans and adherence are supported by these bots. These applications are expected to lead the growth of in-patient care and hospital management systems.

Contents of the 15 Chapters for This Artificial Intelligence (AI) in Healthcare Market Study:-

Chapter 1, to describe Artificial Intelligence (AI) in Healthcare Introduction, product scope, market overview, market opportunities, market risk, market driving force;

Chapter 2, to analyze the top manufacturers of Artificial Intelligence (AI) in Healthcare , with sales, revenue, and price of Artificial Intelligence (AI) in Healthcare , in 2017 and 2019;

Chapter 3, to display the competitive situation among the top manufacturers, with sales, revenue and market share in 2017 and 2019;

Chapter 4, to show the global market by regions, with sales, revenue and market share of Artificial Intelligence (AI) in Healthcare, for each region, from 2013 to 2019;

Chapter 5, 6, 7, 8 and 9, to analyze the key regions, with sales, revenue and market share by key countries in these regions;

Chapter 10 and 11, to show the market by type and application, with sales market share and growth rate by type, application, from 2013 to 2019;

Chapter 12, Artificial Intelligence (AI) in Healthcare market forecast, by regions, type and application, with sales and revenue, from 2019 to 2025;

Chapter 13, 14 and 15, to describe Artificial Intelligence (AI) in Healthcare sales channel, distributors, traders, dealers, Research Findings and Conclusion, appendix and data source.

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Artificial Intelligence (AI) in Healthcare Market, by Type:

Deep Learning
Querying Method
Natural Language Processing
Context Aware Processing
Other

Artificial Intelligence (AI) in Healthcare Market, by End User:

Hospitals
Clinics
Research Institutions
Other

Machine learning technology is expected to hold the largest market share throughout the forecast period. Increasing adoption of machine learning technology (especially deep learning) in various healthcare applications is driving the growth of machine learning technology in AI in healthcare market. The major types of machine learning technology are deep learning, supervised learning, unsupervised learning, and reinforcement learning.

North America, being a developed and technologically advanced region, is likely to be one of the key contributors to the overall AI in healthcare market growth during the forecast period. Moreover, high spending of GDP in healthcare, especially in the US and Canada, is likely to supplement the growth of next-gen technologies such as AI in the region. APAC is likely to closely pursuit the growth of North America and is expected to register the second-fastest growth rate. Improving IT infrastructure, demand for affordable healthcare, and favorable government norms are expected to boost the growth of healthcare AI in the region.

The report will make detailed analysis mainly on the development environment, Market size, development trends, operation situation and future development trends of Artificial Intelligence (AI) in Healthcare Market on the basis of current situation of the industry in 2019 so as to make full comprehension and judgment on the competitive situation of Artificial Intelligence (AI) in Healthcare Market Carrier and assist manufacturers and investment organization to better grasp the development course of Artificial Intelligence (AI) in Healthcare Market.

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Important attributes of the report:

The 360-degree Artificial Intelligence (AI) in Healthcare overview based on a global and regional level.
Market share, value, volume, and production capacity is analyzed on global, regional and country level.
A complete and useful guide for new market aspirants.
Forecast information will drive strategic, innovative and profitable business plans.
SWOT analysis of players will pave the way for growth opportunities, risk analysis, investment feasibility and recommendations.
Lastly, the research methodology and data sources are offered in this report.
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