The latest report on the global Artificial Intelligence in Healthcare Market offers strategic insights into the market landscape to stakeholders, investors, and business owners to help them make efficient and lucrative business decisions based on key statistical data and facts. The report aims to offers a thorough outlook of the Artificial Intelligence in Healthcare Market based on various key elements, such as market drivers, limitations, threats, restraining factors, and growth prospects. The report aims to deliver a comprehensive understanding of the Artificial Intelligence in Healthcare Market growth and expansion in each key region of the world.
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The global Artificial Intelligence (AI) in healthcare market size reached USD 16.50 Billion in 2022 and is expected to register a revenue CAGR of 37.3% during the forecast period. Rising adoption of technologies such as Computer Vision (CV) and Natural Language Processing (NLP) in the healthcare sector and rise in government initiatives to facilitate digitalization of the healthcare sector are key factors driving market revenue growth.
In the healthcare sector, CV is used to analyze medical images (such as X-rays, and Magnetic Resonance Imaging (MRI) scans) for diagnosis and to assist in disease detection. It can be used to plan surgeries, create 3D models of organs, simulate procedures and vital signs, and track the progression of diseases through imaging. NLP is used to extract relevant information from electronic medical records and analyze large amounts of text-based medical data to support treatment planning and help doctors make informed decisions.
The section on the competitive landscape offers valuable and actionable insights related to the business sphere of the Artificial Intelligence in Healthcare market, covering extensive profiling of the key market players. The report offers information about market share, product portfolio, pricing analysis, and strategic alliances such as mergers and acquisitions, joint ventures, collaborations, partnerships, product launches and brand promotions, among others. The report also discusses the initiatives taken by the key companies to combat the impact of the COVID-19 pandemic.
Key Companies Profiled in the Report:
- IBM Corporation
- Nuance Communications, Inc
- PathAI
- Koninklijke Philips N.V.
- Alphabet Inc
- Microsoft
- Siemens Healthcare GmbH
- NVIDIA Corporation
- Intel Corporation
- Babylon Inc.
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Report Highlights:
Besides offering a vivid depiction of the global Artificial Intelligence in Healthcare business sphere and its fundamental operations, the latest report provides the industrial chain analysis and list down the current and future market trends and growth opportunities.
The report includes information on the present and historical market scenarios, which helps forecast the market conditions over the next eight years (2023-2032).
The report scrutinizes the salient factors influencing the growth of the market in the near future.
The strategic marketing recommendations, crucial information related to the new market entrants, and expansion plans of various businesses are poised to provide the reader with a competitive edge in the market.
Market Overview:
The report bifurcates the Artificial Intelligence in Healthcare market on the basis of different product types, applications, end-user industries, and key regions of the world where the market has already established its presence. The report accurately offers insights into the supply-demand ratio and production and consumption volume of each segment.
Emergen Research has segmented the global Artificial Intelligence (AI) in healthcare market on the basis of offering, technology, application, end-use, and region:
Offering Outlook (Revenue, USD Billion; 2019-2032)
- Hardware
- Software
- Services
Technology Outlook (Revenue, USD Billion; 2019-2032)
- Machine Learning
- Natural Language Processing
- Computer Vision
- Context-aware Computing
Application Outlook (Revenue, USD Billion; 2019-2032)
- Preventive Healthcare
- Risk Analysis
- Hospital Management
- Medical Imaging Diagnostics
- Drug Discovery
- Surgical Robots
- Precision Medicine
End-Use Outlook (Revenue, USD Billion; 2019-2032)
- Patients
- Hospitals Clinics
- Pharmaceutical Companies
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The Global Artificial Intelligence in Healthcare Market is further analyzed across the key geographical locations where the market has expanded to a significant size. The key regions analyzed are North America, Latin America, Europe, Asia Pacific, and Middle East Africa. The report offers a country-wise analysis to provide a comprehensive analysis of the Artificial Intelligence in Healthcare market in terms of production and consumption patterns, supply and demand ratio, import/export, revenue contribution, trends, and presence of prominent players in each region.
Regional Analysis Covers:
North America (US, Canada)
Europe (UK, Italy, Germany, France, Rest of EU)
Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
Latin America (Chile, Brazil, Argentina, Rest of Latin America)
Middle East Africa (Saudi Arabia, UAE, South Africa, Rest of MEA)
Key Questions Answered in the Report:
What will be the estimated growth rate of the Artificial Intelligence in Healthcare market by 2032?
Who are the prominent distributors, vendors, and manufacturers of the market?
What are the driving and restraining factors of the growth of the Artificial Intelligence in Healthcare market throughout the forecast period?
What are the current and future market trends of the Artificial Intelligence in Healthcare market?
What are the sales and price analysis of the product by types, applications, and regions?
What are the expected opportunities for the companies and new entrants in the coming years?
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