AI Healthcare Market Research Report
Global AI Healthcare Market
Growth Opportunities in the global AI
healthcare market look promising over the next six years. The increasing
adoption of precision medicine and the growing demand for reducing healthcare
costs are the key factors driving the growth of the global AI
healthcare market.
Introduction of the AI Healthcare Market:
Artificial intelligence (AI) is a wide
branch of computer science concerned with developing smart machines capable of
performing tasks that generally need human intelligence. AI in healthcare is
the blend of complex algorithms and software to mimic human cognition in
complex medical data analysis. It makes the lives of doctors, patients, and
hospital administrators simple by performing tasks normally done by humans in
less time and at a reduced cost. There are various benefits provides by Al over
traditional analytics and clinical decision-making techniques as AI helps us to
retrieve information, process it, and give a well-defined output to the
end-user.
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AI Healthcare Market Dynamics (including market size, share,
trends, forecast, growth, forecast, and industry analysis)
The increasing adoption of precision
medicine, growing demand for reducing healthcare cost, rapidly large and
complex data set available in the form of big data in healthcare, improving
computing power, and reducing hardware cost are the major factors surging the
growth of the AL healthcare market. Furthermore, the significant shift towards
improving the quality of patient care by utilizing AI in numerous aspects of
healthcare services is further driving the market growth. As per artificial
intelligence in healthcare report, the key drivers propelling the growth of
AI in the healthcare market in the upcoming years include the increasing
application of AI-based tools for taking care of older people and the growing
emphasis on enhancing human-aware AI systems. On the other hand, the factors
that are responsible for the growth of the market include limited, curated
healthcare data, data privacy and security concerns, and lack of interoperability
between AI solutions provided by different vendors.
Based on the region, North America is
expected to dominate the market during the forecast period due to the rapidly
increasing adoption of AI technologies across the continuum of care,
particularly in the U.S., strong presence of developed and technologically
advanced countries, followed by higher GDP share spent on healthcare. In
addition to this, the presence of AI hardware and software providers include
Amazon Web Service, Intel, NVIDIA, Microsoft, Google, Amazon Web Service, IBM,
among others, are some of the other factors propelling the growth of the
market.
Key Players of the Global AI Healthcare Market:
·
Nvidia Corporation
·
Intel Corporation
·
IBM Corporation
·
Google LLC
·
Microsoft Corporation
·
General Electric (GE) Company
·
Siemens Healthineers
·
Medtronic plc
·
Micron Technology, Inc.
·
Amazon Web Services (AWS)
AI Healthcare Market Segmentation:
Segmentation
by Offering:
·
Hardware
o
Processor
§ MPU
§ GPU
§ FPGA
§ ASIC
o
Memory
o
Network
·
Software
o
AI Solutions
§ On-Premises
§ Cloud
o
AI Platform
§ Machine Learning Framework
§ Application Program Interface
(API)
·
Services
o
Deployment & Integration
o
Support & Maintenance
Segmentation
by Technology:
·
Machine Learning
o
Deep Learning
o
Supervised Learning
o
Reinforcement Learning
o
Unsupervised Learning
o
Others
·
Natural Language Processing
·
Context-Aware Computing
·
Computer Vision
Segmentation
by End-Use Application:
·
Patient Data and Risk Analysis
·
Inpatient Care & Hospital
Management
·
Medical Imaging & Diagnostics
·
Lifestyle Management &
Monitoring
·
Virtual Assistant
·
Drug Discovery
·
Research
·
Healthcare Assistance Robots
·
Precision Medicine
·
Emergency Room & Surgery
·
Wearables
·
Mental Health
Segmentation
by End-User:
·
Hospitals and Providers
·
Patients
·
Pharmaceutical and
Biotechnology Companies
·
Healthcare Payers
·
Others
Segmentation
by Region:
·
North America
o
United States of America
o
Canada
·
Asia Pacific
o
China
o
Japan
o
India
o
Rest of APAC
·
Europe
o
United Kingdom
o
Germany
o
France
o
Spain
o
Rest of Europe
·
RoW
o
Brazil
o
South Africa
o
Saudi Arabia
o
UAE
o
Rest of the world (remaining
countries of the LAMEA region)
About GMI
Research
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