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Artificial Intelligence in Healthcare Market Artificial Intelligence in Healthcare Market by Offering (Hardware, Software, and Services), Technology (Deep Learning, Querying Method, Natural Language Processing, and Context Aware Processing), Application (Robot-assisted Surgery, Virtual Nursing Assistant, Administrative Workflow Assistance, Fraud Detection, Dosage Error Reduction, Clinical Trial Participant Identifier, Preliminary Diagnosis, and Others), and End User (Healthcare Provider, Pharmaceutical & Biotechnology Company, Patient, and Payer) - Global Opportunity Analysis and Industry Forecast, 2017-2023


Artificial Intelligence in Healthcare Market

Current and future Market Scenario • Global artificial intelligence (AI) in healthcare market is estimated to reach $22,790 million, states Allied Market Research. • Artificial intelligence (AI) in healthcare market will grow at a prominent CAGR of 48.0% from 2017 to 2023. • The hardware AI for segment is anticipated to grow at the highest rate from 2017 to 2023. • North America dominated the global AI market, and is projected to grow at a CAGR of 45.9%. • The natural learning processing segment is expected to witness the highest growth rate during the forecast period.


Artificial Intelligence in Healthcare Market

Factors Contributing to Market Growth • Significant use of big data in the healthcare sector will foster the market growth. • Other factors that contribute to market growth are: • Increase in need for coordination between healthcare workforce & patients • Rise in adoption of precision medicine • Remarkable growth in venture capital investments


Artificial Intelligence in Healthcare Market

Market Segments

Offering

Technology

• Hardware • Software • Service

• • • •

Deep Learning Querying Method Natural Language Processing Context Aware Processing

Application • • • • • • •

Robot-assisted Surgery Virtual Nursing Assistant Administrative Workflow Assistance Fraud Detection Dosage Error Reduction Clinical Trial Participant Identifier Preliminary Diagnosis


Artificial Intelligence in Healthcare Market

Dominating Segments • The hardware segment is anticipated to grow at the highest CAGR from 2017 to 2023. • The natural learning processing segment is expected to witness the highest growth rate during the forecast period. • The robot-assisted surgery application segment generated the highest revenue in 2016, and is expected to continue its dominance in the near future. • North America dominated the global AI market, and is projected to grow at a CAGR of 45.9%. • Asia-Pacific is expected to witness the highest growth rate during the forecast period.


Artificial Intelligence in Healthcare Market

Leading Players

• The leading players in the automated fare collection market have adopted key strategies such as collaborations, product launch, and agreement and acquisition to expand their market presence. • Welltok, Inc., Intel Corporation, Nvidia Corporation, Alphabet Inc. (Google Inc.), IBM Corporation, Microsoft Corporation, General Vision, Enlitic, Inc., Next IT Corporation, and iCarbonX.


A report titled “Artificial Intelligence in Healthcare MarketOpportunities and Forecasts, 2017 – 2023” has been recently published by Allied Market Research. The report makes close observations of pipeline structure for end-to-end AI-HC market around the world. It makes an in-depth analysis of current trends, drivers, and restraining factors that affect financial ratios relevant to the industry. Company profiles for key vendors in business builds a comprehensive picture of profitable opportunities from stakeholder’s perspective.

To know more about the Artificial Intelligence in Healthcare Market- Opportunities and Forecasts, 2017 – 2023 report: https://www.alliedmarketresearch.com/artificial-intelligence-in-healthcare-market

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The Future Is Now? AI’s Role in Healthcare Starts Small, Gets Bigger  

AI in healthcare market is estimated to reach at $22,790 million by 2023, registering a CAGR of 48.7% from 2017 to 2023. Get sample copy of...

The Future Is Now? AI’s Role in Healthcare Starts Small, Gets Bigger  

AI in healthcare market is estimated to reach at $22,790 million by 2023, registering a CAGR of 48.7% from 2017 to 2023. Get sample copy of...

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