Artificial Intelligence in Healthcare Market, By Solution (Hardware, and Software & Services), By Technology (Speech Recognition, Querying Method, Natural Language Processing, Machine Learning, and Context Aware Processing) By Application (Imaging & Diagnostics, Drug Discovery, Lifestyle Management & Monitoring, Emergency Room & Hospital Management, Insights & Risk Analytics, Wearable, Virtual Assistants, and Others) By End User (Hospital, Pharmaceutical Organizations, Diagnostic Centers, and Clinics) and By Region (North America, Europe, Latin America, Asia Pacific , Middle East, and Africa) - Trends, Analysis and Forecast till 2034

Report Code: PMI1618 | Publish Date: April 2024 | No. of Pages: 180

Global Artificial Intelligence In Healthcare Overview

Introduction:

Artificial Intelligence in Healthcare Market accounted for US$ 15.5 Billion in 2024 and is estimated to be US$ 476.2 Billion by 2034 and is anticipated to register a CAGR of 40.80%.

Artificial intelligence are the computational models that are able to perform tasks that require human intelligence, for instance, visual perception, speech recognition, translation between languages and decision making.  The artificial intelligence in healthcare gives machine the ability to learn and improve without the humans or new programming. The artificial intelligence technologies also include management of big data, pattern identification, and eliminating bias. 

Global Artificial Intelligence In Healthcare Dynamics

The increasing application of Artificial Intelligence technologies, from pharma drug development to patient care such as, managing medical records and others data, virtual nurses, design treatment path, precision medicine, and health monitoring is expected to foster the artificial intelligence in healthcare market.

Furthermore, the doctor-population ratio concern is also expected to favor the artificial intelligence market. The artificial intelligence also aids to improve the basic healthcare facilities, which also helps the doctors to invest more time on the critical cases.

Additionally, increasing research and development in healthcare is expected to boost the growth of artificial intelligence market. The artificial intelligence also involves analysis of structured data such as genetic data, and imaging data.

Global Artificial Intelligence In Healthcare Segmentation

Artificial intelligence in healthcare market has been segmented on the basis of solution, technology, application, end user, and region.

The solution segment of the global artificial intelligence in healthcare market includes hardware, software & services.

On the basis of technology, the global artificial intelligence in healthcare market has been segmented into Speech recognition, Querying Method, Natural Language Processing, Machine Learning, and Context Aware Processing.

On the basis of application, the global artificial intelligence in healthcare market has been segmented into imaging & diagnostics, drug discovery, lifestyle management & monitoring, emergency room & hospital management, insights & risk analytics, wearable, virtual assistants, others.

On the basis of end-user, the global artificial intelligence in healthcare market has been segmented into hospital, pharmaceutical organizations, diagnostic centers, clinics.

Regional Insights:

On the basis of region, the target market has been segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America is expected to account major market share as compared to that of other regions.

Global Artificial Intelligence In Healthcare Key Players

The key players operating in the artificial intelligence in healthcare include IBM Corporation, Google, Inc., NVIDIA Corporation, Microsoft Corporation, iCarbonX, Next IT Corp., CloudMex Inc., Atomwise Inc., Zephyr Health Inc., Medtronic Plc., Koninkiljke Philips N.V., and Oncora Medical, Inc.

Global Artificial Intelligence In Healthcare Table of Contents

  1. Research Objective and Assumption
    • Preface
    • Research Objectives
    • Study Scope
    • Years Considered for the study
    • Assumptions
    • Abbreviations
  2. Research Methodology
    • Research data
    • Primary Data
      • Primary Interviews
      • Primary Breakdown
      • Key data from Primary Sources
      • Key Thickness Insights
    • Secondary Data
      • Major Secondary Sources
      • Secondary Sources
    • Market Estimation
    • Top-Down Approach
      • Approach for estimating Market Share by Top-Down Analysis (Supply Side)
    • Bottom-Up Approach
      • Approach for estimating market share by Bottom-up Analysis (Demand Side)
    • Market Breakdown and Data Triangulation
    • Research Assumptions
    • PORTER’s
    • Investment Outlook
  3. Market Preview
    • Executive Summary
    • Key Findings—Global Outlook for Artificial Intelligence in Healthcare Strategies
      • Key Questions this Study will Answer
        • By Solution (Hardware, and Software & Services)

        • By Technology (Speech Recognition, Querying Method, Natural Language Processing, Machine Learning, and Context Aware Processing)

        • By Application (Imaging & Diagnostics, Drug Discovery, Lifestyle Management & Monitoring, Emergency Room & Hospital Management, Insights & Risk Analytics, Wearable, Virtual Assistants, and Others)

        • By End User (Hospital, Pharmaceutical Organizations, Diagnostic Centers, and Clinics)

        • By Region (North America, Europe, Latin America, Asia Pacific , Middle East, and Africa)

    • Opportunity Map Analysis
    • Executive Summary—3 Big Predictions
  4. Market Dynamics, Regulations, and Trends Analysis
    • Market Dynamics
      • Drivers
      • Restraints
      • Market Opportunities
      • Market Trends
    • DR Impact Analysis
    • PEST Analysis
    • Porter’s Five Forces Analysis
    • Opportunity Orbit
    • Overview
    • Market Value and Forecast (US$ Mn), and Share Analysis (%), 2020 – 2030
    • Y-o-Y Growth Analysis (%), 2020 – 2030
    • Regional Trends
    • Market Investment Feasibility Index
    • Macroeconomic Factor Analysis
  5. Regional Analysis
    • Regional Revenue Analysis
    • Regional By segment Analysis
    • Reasons for regional growth
    • Key Player of particular region
    • Countries Include in the report:
      • North America (U.S., Canada)
      • Europe (UK, France, Germany, Russia, Italy, Rest of Europe)
      • Asia Pacific (India, Japan, South Korea, China, Rest of Asia Pacific)
      • Latin America (Brazil, Mexico, Rest of Latin America)
      • Middle East & Africa (GCC, Israel, South Africa, Rest of Middle East)
  1. Competitive Landscape
    • Heat Map Analysis
    • Market Presence and Specificity Analysis
    • Competitive Overview
    • Competitive Benchmarking
    • Market Share Analysis
    • Key Developments In The Global Artificial Intelligence in Healthcare Market
    • Key Developments: Mergers & Acquisitions
    • Key Developments: Collaboration
    • Key Developments: Contracts & Agreements
    • Key Developments: Expansion
    • Key Developments: Product Developments
  2. Company Profiles
  • Company Overview
  • Product Portfolio
  • Key Highlights
  • Financial Performance
  • Business Strategies
  • SWOT Analysis
  • IBM Corporation, Google, Inc., NVIDIA Corporation, Microsoft Corporation, iCarbonX, Next IT Corp., CloudMex Inc., Atomwise Inc., Zephyr Health Inc., Medtronic Plc., Koninkiljke Philips N.V., and Oncora Medical, Inc.

The Last Word

  • Future Impact
  • About Us
  • Contact

FAQs

Artificial Intelligence in Healthcare Market is segmented, By Solution (Hardware, and Software & Services), By Technology (Speech Recognition, Querying Method, Natural Language Processing, Machine Learning, and Context Aware Processing) By Application (Imaging & Diagnostics, Drug Discovery, Lifestyle Management & Monitoring, Emergency Room & Hospital Management, Insights & Risk Analytics, Wearable, Virtual Assistants, and Others) and By End User (Hospital, Pharmaceutical Organizations, Diagnostic Centers, and Clinics)

The increasing research and development in the artificial intelligence field is the major driver of artificial intelligence in healthcare market. For instance, in October 2017, IBM Corporation partnered with University of California, in order to enhance the quality of life through artificial intelligence.

The key players operating in the global market of artificial intelligence in healthcare include IBM Corporation, Google, Inc., NVIDIA Corporation, Microsoft Corporation, iCarbonX, Next IT Corp., CloudMex Inc., Atomwise Inc., Zephyr Health Inc., Medtronic Plc., Koninkiljke Philips N.V., and Oncora Medical, Inc.