Global artificial intelligence in healthcare market is expanding at a CAGR of 48.29 % over the forecast period. Market participants include Bay Labs, Inc, CloudMedx Inc., Enclitic, General Electric, General Vision, Google Inc., IBM Corporation, iCarbonX, Intel Corporation, Koninklijke Philips, maxQ, Microsoft, Next IT Corp., Nvidia Corporation, Siemens Healthcare GmbH, Welltok amongst others. 

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Artificial intelligence is being significantly used for a range of healthcare & research purposes which finely consists of disease detection, healthcare delivery services, drug discovery and chronic condition management. It has been reported that as the geriatric population is increasing in some economies (such as the United Kingdom), the need for better access and quality of care is necessary for population aged over 100. Thus, the adoption of virtual health coaches & nurses along with AI- based clinical services for diagnosing illnesses at home is expected to proliferate the healthcare industry.

IBM Watson Care Manager System matches individuals with a care provider that meets their needs and is within their allocated care budget. The company aims to design individual care plans and offers insights for more effective use of care management resources. Alder Hey Children’s Hospital based in Liverpool is working with IBM Watson to create a “cognitive hospital”. This will include an app that will facilitate interactions with patients. This application usage is designed for identifying patient anxieties before a visit and helping clinicians to deliver proper treatment services to the targeted individuals.

By Component

  • Hardware
  • Software
  • Service

By Technology 

  • Querying Method
  • Natural Language Processing
  • Context Aware Processing
  • Speech Recognition
  • Decision Management
  • Others (Biometrics, AI Modeling, Etc.)

By Application 

  • Robot assisted Surgery
  • Virtual Nursing Assistants
  • Administrative Workflow Assistance
  • Fraud Detection, Connected Machines
  • Clinical Trails
  • Preliminary Diagnosis
  • Others (Dosage Error Reduction, Cybersecurity, Etc.),

By End Users 

  • Healthcare Providers
  • Pharmaceutical & Biotechnology Company
  • Patient
  • Payer

By Geography

  • North America
  • Europe
  • Asia Pacific
  • Middle East and Africa
  • Latin America

Artificial Intelligence in Healthcare Market research added by Absolute Markets Insights, offers a comprehensive analysis of the growth trends prevailing in the global business arena. This report also provides definitive data regarding the market, size, marketing aspects, and revenue forecast of the industry. In addition, the study explicitly highlights the competitive status of major players in the projection schedule while focusing on their portfolio and regional expansion efforts.

The Global Artificial Intelligence in Healthcare Market Analysis to 2030 is a specialized and in-depth study of the Technology, Media, and Telecommunications industry, with an emphasis especially on the analysis of global market trends. The report aims to provide an overview of the enterprise content delivery networks and enterprise streaming software market with detailed market segmentation by component, type of deployment, industry vertical, and geography. The global market for enterprise content delivery networks and enterprise streaming software is expected to witness high growth during the forecast period.

Financial performance:
The overall turnover of the companies / segments for the years 2021, 2020 and 2019 is provided in the sub-heading “Financial performance” (listed companies) with the analysis and explanation of the increase or decrease. decrease in these due to factors such as mergers and acquisitions, profit or loss of any strategic business unit (SBU) and others.

Strategic initiatives:
Information relating to new product launches, strategic collaboration, mergers and acquisitions, regulatory approval and other company developments in the market is covered in the strategic initiatives section.

Artificial Intelligence in Healthcare Market: Regional analysis includes:
- Asia-Pacific (Vietnam, China, Malaysia, Japan, Philippines, Korea, Thailand, India, Indonesia and Australia)
- Europe (Turkey, Germany, Russia UK, Italy, France, etc.)
- North America (United States, Mexico and Canada.)
- South America (Brazil etc.)
- The Middle East and Africa (GCC countries and Egypt.)

This research provides detailed information on the major factors influencing the Artificial Intelligence in Healthcare market growth on a global and regional level (drivers, restraints, opportunities and challenges), forecast of market size, in terms of value, market share by region and segment; regional market positions; growth opportunities by segment and by country, strengths and weaknesses, brand portfolio; Marketing and distribution strategies; challenges and threats of current competition and prospects; Key Company Profiles, SWOTs and Growth Strategies.

The Artificial Intelligence in Healthcare market research covers a comprehensive analysis of the following data:
• Historical and future growth of the Global Artificial Intelligence in Healthcare market.
• Segmentation of enterprise content delivery network and enterprise streaming software market to highlight the growth prospects and trends impacting these segments.
• Change the consumption behavior of customers in different regions.
• Regional analysis on the basis of market share, growth prospects and key countries.
• Agreements, product launches, acquisitions and R&D projects of various players in the enterprise content delivery networks and enterprise streaming software market.

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