According to Stratistics MRC, the Global Artificial Intelligence (AI) in Healthcare Market is accounted for $4.83 billion in 2020 and is expected to reach $84.02 billion by 2028 growing at a CAGR of 42.9% during the forecast period. Rising need to reduce healthcare costs and improving computing power and declining hardware cost is driving the market growth. However, lack of skilled AI workforce and indefinite regulatory guidelines for medical software is hampering the growth of the market.
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By geography, North America is going to have high growth during the forecast period. As it has the biggest number of registered hospitals in the province. AI can aid in hospital management applications, patient care, and patient data management which can help to improve such worries. Additionally, in North America due to the decrease healthcare workforce and aging population upsurge the demand for digital health systems, improved diagnosis & treatment services. Moreover, significant existences of foremost AI technology and product inventors in the province are other factors preferring the growth of the market.
Some of the key players profiled in the Artificial Intelligence (AI) in Healthcare Market include Nvidia, Intel, IBM, Google, Microsoft, General Electric (Ge) Company, Siemens Healthineers (A Strategic Unit Of Siemens Group), Medtronic, Micron Technology and Amazon Web Services (Aws).
Offerings Covered:
• Hardware
• Software
• Services
Product, Parts & Devices Covered:
• Imaging Systems
• Medical Devices
• Smart Meters
• Smart Trackers
• Smartphones and Tablets
• Wearables
• Workstation Systems
Technology’s Covered:
• Machine Learning
• Computer Vision
• Context-Aware Computing
• Natural Language Processing
• Predictive Analytics
• Querying Method
• Speech Recognition
Applications Covered:
• Administrative Workflow Assistants
• Clinical Trial Participant Identifier
• Connected Machines
• Cybersecurity
• Diagnosis
• Dosage Error Reduction
• Drug Discovery
• Emergency Room and Hospital Management
• Fraud Detection
• Healthcare Assistance Robots
• Home Health
• Inpatient Care & Hospital Management
• Insights & Risk Analytics
• Inventory Management
• Lifestyle Management & Patient Monitoring
• Medical Imaging & Diagnostics
• Mental Health
• Operations Management
• Precision Medicine
• Predictive Maintenance/Self Diagnostics
• Preliminary Diagnosis
• Research
• Robot Assisted Surgery
• Virtual Nursing Assistants
End Users Covered:
• Clinics
• Diagnostic Centers
• Healthcare Payers
• Hospitals & Healthcare Providers
• Patients
• Pharmaceuticals & Biotechnology Companies
• Other End Users
Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa
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