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Global $28 Million Artificial Intelligence Market in Healthcare Sector to 2025

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News provided by

Research and Markets

19 Oct, 2017, 13:45 GMT

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DUBLIN, October 19, 2017 /PRNewswire/ --

The "Global Artificial Intelligence Market in Healthcare Sector: Analysis & Forecasts, 2017-2025 (Focus on Real-Time Monitoring, Precision Medicine, Personal Health & Nursing Assistants and Robot-Assisted Surgery)" report has been added to Research and Markets' offering.

Global Artificial Intelligence Market in Healthcare Sector is Estimated to Reach $28 Million by 2025

Artificial intelligence continues to propel the healthcare industry with increasing revenue at a global level. The rapid pace at which the scientific innovations are taking place, the spanning of artificial intelligence into various healthcare verticals and the fact that the efficiency of systems can be improved using artificial intelligence led to the global emergence of artificial intelligence market in healthcare sector.

The rapid pace at which the scientific innovations are taking place, the spanning of artificial intelligence into various healthcare verticals and the fact that the efficiency of systems can be improved using artificial intelligence can be ascribed as the prime reasons for the enhancing growth rate of the global artificial intelligence market in healthcare sector.

The artificial intelligence market in healthcare sector has been tracked along the lines of its application areas, and geography. Revenue generated from various application areas, namely real-time monitoring, precision medicine, personal health & nursing assistants, drug development & discovery, robot-assisted surgery, administrative workflow assistance, clinical trials and diagnostic & clinical decision support have been analyzed. The report also covers the artificial intelligence market in healthcare sector on a global scale, and consequently provides revenue data of the key regions.

Artificial intelligence in the healthcare sector has maximum usage in the personal health & nursing assistant application. The adoption of personal health and nursing assistants has witnessed a robust growth, over the recent years. Presently, people are more focused on spending their time in something productive rather than wasting it in the hospitals waiting for their turn. Personal health and nursing assistants support the patients by analysing their historical medical reports and present conditions.

The market is dominated by North America region and Asia Pacific is expected to grow with the highest rate in the coming years. In North America, the U.S. acquires the major market share and is currently dominating the market. The healthcare industry in the U.S. is driven by the presence of several key players and the high investments.

Key Topics Covered:

Executive Summary

1 Report Scope & Methodology
1.1 Scope of the Report
1.2 Artificial Intelligence Market in Healthcare Sector Research Methodology

2 Market Dynamics
2.1 Market Drivers
2.1.1 Huge Volumes of Data Present is Supporting the Adoption of Artificial Intelligence
2.1.2 Rising Healthcare Costs
2.1.3 Diversified Application Areas
2.2 Market Opportunities
2.2.1 Advancement in Hardware Technologies
2.2.2 Human Aware Artificial Intelligence
2.3 Market Restraints
2.3.1 Governmental Regulations
2.3.2 Lack of Skilled Workforce

3 Competitive Insights
3.1 Key Strategies and Developments
3.1.1 Partnerships and Collaborations
3.1.2 New Product Launches
3.1.3 Mergers and Acquisitions
3.1.4 Business Expansion and Certification
3.1.5 Other Developments
3.1.6 Funding
3.2 R&D Analysis
3.3 Leading Players Analysis
3.4 Existing Products in the Market

4 Global Artificial Intelligence Market in Healthcare Sector Breakdown by Application
4.1 Assumptions and Limitations
4.2 Market Overview
4.3 Precision Medicine
4.4 Robot-Assisted Surgery
4.5 Personal Health and Nursing Assistants
4.6 Drug Discovery and Development
4.7 Administrative Workflow Assistance
4.8 Diagnostic and Clinical Decision Support
4.9 Clinical Trial
4.10 Real-Time Monitoring

5 Global Artificial Intelligence Market in Healthcare Sector Breakdown by Application

6 Company Profiles

  • Alphabet Inc.
  • Enlitic, Inc.
  • Flatiron Health, Inc.
  • GE Healthcare
  • iCarbonX.com
  • IBM Corporation
  • Intel Corporation
  • Johnson & Johnson Services, Inc.
  • Koninklijke Philips N.V.
  • Medtronic PLC
  • Microsoft Corporation
  • NVIDIA Corporation
  • Next IT Healthcare
  • Siemens Healthcare GmbH
  • Welltok, Inc.

For more information about this report visit https://www.researchandmarkets.com/research/4c945r/global_artificial

Media Contact:

Laura Wood, Senior Manager
press@researchandmarkets.com

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