Artificial Intelligence in Healthcare Market Size by Top Companies, Trends by Types and Application, Forecast to 2029.


Posted July 6, 2023 by mayurikathade

Global Artificial Intelligence in Healthcare Market was worth US$ 16.3 Billion in 2022 and is expected to grow at a CAGR of 40.2% to an estimated revenue of US$ 173.55 Billion by 2029.
 
Artificial intelligence, or AI, refers to situations where machines can mimic how the human brain learns and solves issues. Machine learning is another name for this kind of intelligence. AI is frequently used to describe a method that works with both software and hardware. In terms of software, algorithms are especially important to AI. The artificial neural network is a theoretical framework for executing AI algorithms that replicate how the human brain works.

Market Growth:

Global Artificial Intelligence in Healthcare Market was worth US$ 16.3 Billion in 2022 and is expected to grow at a CAGR of 40.2% to an estimated revenue of US$ 173.55 Billion by 2029.

Artificial Intelligence in Healthcare Market Overview

The Report Delivered By Maximize Market Research Helps Clients To Understand The Competitive Landscape In Detail, Which Is A Guide For Strategic Planning. The Artificial Intelligence in Healthcare Market Overview Provides Thorough Details About The Size Of The Market, Trade Statistics, Leading Players, And Various Market Metrics Such As Life Cycle, Trends, Etc.

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Artificial Intelligence in Healthcare Market Report Scope And Research Methodology

The Report Offers A Comprehensive Analysis Of The Artificial Intelligence in Healthcare Market, Including Trends, Forecasts, And Monetary Values. It Provides A Detailed Examination Of The Segments And Sub-Segments Within Both The Global And Regional Artificial Intelligence in Healthcare Markets. The Report Employs A Bottom-Up Approach To Estimate The Market Size Of The Artificial Intelligence in Healthcare Market, Ensuring Accuracy Across Various Segments. It Includes Comprehensive Information On Key Market Participants, As Well As New Entrants, Covering Their Services, Revenue, Financial Status, Portfolio, Growth Strategies, And Regional Presence. The Report Also Provides Projections For Market Size And Growth Rate And Highlights Existing And Future Trends Within The Artificial Intelligence in Healthcare Market.

Furthermore, The Report Presents An In-Depth Analysis Of Demand Projections, Market Trends, And Micro And Macro Factors That Impact The Artificial Intelligence in Healthcare Market. It Identifies The Drivers And Constraints Influencing The Growth Of The Artificial Intelligence in Healthcare Market. The Report Utilizes Qualitative And Quantitative Research Methods, Incorporating Tools Such As Swot Analysis, Pestle Analysis, And Porter's Five Forces Analysis. This Enables A Comprehensive Understanding Of The Market Dynamics. The Report Also Provides Insights Into Key Upcoming Developments That Are Expected To Influence The Demand For Artificial Intelligence in Healthcare In The Foreseeable Future.

Artificial Intelligence in Healthcare Market Segmentation

by Type

• Medical Imaging and Diagnostics
• Personalized Medicine
• Predictive Analytics and Early Detection
• Virtual Assistants and Chatbots
• Drug Discovery and Development
• Administrative Automation
• Remote Patient Monitoring

For Type: The market segmentation for artificial intelligence in healthcare is done based on kinds, which includes numerous applications and technology. Medical Imaging and Diagnostics is a crucial sector where AI algorithms examine medical pictures including X-rays, CT scans, and MRIs to help with precise diagnosis and spot problems. A different area is personalised medicine, which makes use of AI to examine patient-specific data, including genetic data and medical history, to customise medications and treatments. Another area of the market is predictive analytics and early detection, where AI systems examine enormous volumes of patient data to find trends, forecast illness risks, and enable early intervention.

by Technology

• Machine Learning
• Natural Language Processing (NLP)
• Computer Vision
• Robotics
• Expert Systems

Using technology The Healthcare Artificial Intelligence Market Technology-based segmentation includes a range of tools and methods that promote industrial innovation. Algorithms play a critical role in assisting AI systems in learning from data, identifying patterns, and making predictions. Consequently, a section on machine learning was introduced. Natural Language Processing (NLP), which focuses on how effectively AI systems can understand and process human language to provide features like speech recognition and language translation, is another important topic. with order to aid with diagnoses and image-based tasks, computer vision is an important subsegment that uses AI algorithms to analyse and interpret visual data, including medical imaging. Another area is robotics, which employs physical machines and AI to carry out jobs like support and surgical procedures.

by End-User

• Healthcare Providers
• Pharmaceutical and Biotechnology Companies
• Research and Academia
• Payers and Insurance Providers
• Patients and Caregivers
• Government and Regulatory Bodies

By End-User: The artificial intelligence in healthcare market is segmented based on end-users, which includes a range of stakeholders who use AI technology to improve healthcare delivery and results. Healthcare Providers, which comprises hospitals, clinics, and medical professionals who use AI systems for better diagnosis, individualised treatment planning, and streamlined operations, is a significant market segment. Another market area includes pharmaceutical and biotechnology firms that use AI for research into precision medicine, clinical trial optimisation, and drug development.

The Key Manufacturers In The Artificial Intelligence in Healthcare Market

• IBM Corporation
• Google LLC (Alphabet Inc.)
• Microsoft Corporation
• NVIDIA Corporation
• Amazon Web Services (AWS)
• Intel Corporation
• General Electric Company (GE)
• Medtronic plc
• Siemens Healthineers AG
• Philips Healthcare
• Johnson & Johnson
• Cerner Corporation
• Epic Systems Corporation
• Nuance Communications, Inc.
• Zebra Medical Vision
• Tempus
• Butterfly Network
• Aidoc Medical
• Arterys Inc.
• DeepMind Technologies (a subsidiary of Alphabet Inc.)
• Verily Life Sciences (a subsidiary of Alphabet Inc.)
• Tencent Holdings Limited
• Roche Holding AG
• 3M Health Information Systems
• Ayasdi AI

Artificial Intelligence in Healthcare Market Regional Insights

The Report Provides A Regional Analysis That Aids In Comprehending The Artificial Intelligence in Healthcare Market Across Multiple Countries. It Offers A Comprehensive Examination Of Various Factors, Market Size, Growth Rate, As Well As Import And Export Statistics Within Different Regions. The Artificial Intelligence in Healthcare Market Is Categorized Into Several Major Regions, Namely North America, Europe, Asia Pacific, Latin America, The Middle East, And Africa. The Report Delves Into Each Of These Regions To Provide Detailed Insights And Understanding Of The Artificial Intelligence in Healthcare Market's Dynamics And Performance In Each Geographical Area.

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Table Of Content For The Artificial Intelligence in Healthcare Market Includes:

1. Artificial Intelligence in Healthcare Market: Research Methodology

2. Artificial Intelligence in Healthcare Market: Executive Summary

3. Artificial Intelligence in Healthcare Market: Competitive Landscape

3.1. MMR Competition Matrix
3.2. Competitive Landscape
3.3. Key Players Benchmarking
3.4. Market Structure
3.4.1. Market Leaders
3.4.2. Market Followers
3.4.3. Emerging Players
3.5. Consolidation of the Market

4. Artificial Intelligence in Healthcare Market: Dynamics

4.1. Market Trends by Region
4.1.1. North America
4.1.2. Europe
4.1.3. Asia Pacific
4.1.4. Middle East and Africa
4.1.5. South America
4.2. Market Drivers by Region
4.2.1. North America
4.2.2. Europe
4.2.3. Asia Pacific
4.2.4. Middle East and Africa
4.2.5. South America
4.3. Market Restraints
4.4. Market Opportunities
4.5. Market Challenges
4.6. PORTER’s Five Forces Analysis
4.7. PESTLE Analysis
4.8. Value Chain Analysis
4.9. Regulatory Landscape by Region
4.9.1. North America
4.9.2. Europe
4.9.3. Asia Pacific
4.9.4. Middle East and Africa
4.9.5. South America

Key Questions Answered In The Artificial Intelligence in Healthcare Market Are:

Which Are The Factors Expected To Drive The Artificial Intelligence in Healthcare Market Growth?
What Are The Different Segments Of The Artificial Intelligence in Healthcare Market?
What Are The Factors Restraining The Growth Of The Artificial Intelligence in Healthcare Market?
What Is The Demand Pattern Of The Artificial Intelligence in Healthcare Market?
What Major Challenges Could The Artificial Intelligence in Healthcare Market Face In The Future?
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Key Offerings:

Past Market Size And Competitive Landscape (2018 To 2022)
Past Pricing And Price Curve By Region (2018 To 2022)
Market Size, Share, Size & Forecast By Different Segment | 2023−2029
Market Dynamics – Growth Drivers, Restraints, Opportunities, And Key Trends By Region
Market Segmentation – A Detailed Analysis By Segment With Their Sub-Segments And Region
Competitive Landscape – Profiles Of Selected Key Players By Region From A Strategic Perspective
Competitive Landscape – Market Leaders, Market Followers, Regional Player
Competitive Benchmarking Of Key Players By Region
Pestle Analysis
Porter’s Analysis
Value Chain And Supply Chain Analysis
Legal Aspects Of Business By Region
Lucrative Business Opportunities With Swot Analysis
Recommendations
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Last Updated July 6, 2023