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Report description
A recent market intelligence report published by Data Insights Partner in the Artificial intelligence in the healthcare applications market offers an in-depth analysis of segments and sub-segments in the regional and international market Artificial intelligence in healthcare applications. The research also emphasizes on the impact of restraints, drivers, and macro indicators in the Artificial Intelligence market in regional and global healthcare applications over the short and long period of time. A detailed presentation of forecasts, trends, and dollar values of the global Artificial Intelligence in Healthcare Applications market is given. According to the report, the global Artificial Intelligence in Healthcare Applications market is projected to expand at a CAGR of 35% over the forecast period.
Market information, drivers, restraints and market opportunity:
One of the biggest challenges in healthcare is huge healthcare data and it is impossible for medical personnel to handle all of this data. Here comes the opportunity for artificial intelligence (AI) in the healthcare field. In simple words, AI is an area where a computer or computer controlled machines can function like human beings. It increases the ability of healthcare professionals to understand the daily patterns and requirements of the people they treat, and to provide better service, guidance, and support to stay healthy. The global market for Artificial Intelligence in Healthcare Applications is primarily driven by the increasing demand for large and complex data sets, the emerging preference for healthcare cost reduction, and healthcare service requirements among healthcare providers and patients. For example, IBM’s Watson is helping healthcare organizations apply cognitive technology to uncover huge health data and energy diagnostics. Additionally, this product is capable of examining and storing medical information, resources, case studies, medical discussions, etc., which is comparatively faster than any doctor. In contrast, the use of AI in the healthcare system in developing countries such as Latin America and the Middle East and Africa is not yet prominent due to lower awareness of AI in the healthcare sector. In addition, the risk of data hacking, strict regulatory standards in various verticals may slow the growth of the global Artificial Intelligence in Healthcare Applications market in the future. However, new product developments and strategic collaborations between key players may provide the global Artificial Intelligence in Healthcare Applications market with an opportunity to drive during the forecast period.
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Covered segment:
This market intelligence report on the Global Artificial Intelligence in Healthcare Applications Market spans market segments based on Deployment, Technology, Application, End User, and Region. On the basis of implementation, the submarket is segregated into on-premises and cloud services. In terms of technology, the market is classified into machine learning, natural language processing, context-sensitive computing, and computer vision. By application, the global market is classified into patient data and risk analysis, hospital management, medical imaging, drug discovery, patient monitoring, and others. In terms of the end user, the global market is categorized into healthcare providers, healthcare payers, patients, healthcare companies and others. By geography, the global market for Artificial Intelligence in Healthcare Applications has been divided into North America (USA, Canada), Latin America (Brazil, Mexico, Argentina and other countries), Europe (Germany, France, UK, Spain, Italy , Russia and other countries), Asia Pacific (India, Japan, China, Australia and New Zealand and other countries), Middle East and Africa (GCC, South Africa, Israel and other countries).
Market Player Profiles:
This business intelligence report offers profiles of well-known companies operating in the market. Companies like IBM, Google, Microsoft, GE, Siemens, Medtronic, Amazon.com, Inc, Nvidia, and others have been profiled in detail to offer insight into the market leaders. In addition, this global report tracks parameters such as investment and spending related to artificial intelligence in healthcare applications and developments by major market players.
Report highlights:
This business intelligence report provides an in-depth analysis of micro and macro indicators, market trends, and demand forecasts. Additionally, the report provides a vivid picture of the factors that are driving and restraining the growth of this market in all geographic segments. In addition to that, the IGR-Growth Matrix analysis is also provided in the report to share information on investment areas that new or existing market players may consider. Various analytical tools such as DRO analysis, Porter’s Five Forces analysis have been used in this report to present a clear picture of the market. The study focuses on current market trends and provides a market forecast for the year 2017-2027. This report has highlighted emerging trends that would shape market demand for years to come. A competitive analysis in each of the geographic segments gives an idea of the market share of global players.
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Outstanding Features:
Ø This study offers a complete but detailed analysis of the Artificial Intelligence in Healthcare Applications market, market size (USD Mn) and Compound Annual Growth Rate (CAGR (%)) for the forecast period: 2019-2027, taking into account 2018 as the base year
Ø Explains upcoming revenue opportunities in various market segments and an attractive matrix of investment proposals for that market.
Ø This market intelligence report also provides fundamental information on various market opportunities, restraints, drivers, new product launches, competitive market strategies of major market players, emerging market trends, and regional perspectives.
Ø Profiling of key market players in the worldwide Artificial Intelligence in Healthcare Applications market is done taking into account various parameters such as company strategies, distribution strategies, product portfolio, financial performance, key developments, geographic presence and general description of the company
Ø The major market players that this report covered include names like IBM, Google, Microsoft, GE, Siemens, Medtronic, Amazon.com, Inc, Nvidia, and others.
Ø The data in this report would allow managing authorities and business marketers to make informed decisions regarding product launches, government initiatives, marketing and expansion tactics, and technical improvement.
Ø The global market for Artificial Intelligence in Healthcare Applications meets the needs of various stakeholders belonging to this industry, namely suppliers, manufacturers, investors and distributors for the Artificial Intelligence in Healthcare Applications market. The research also addresses the growing needs of research and consulting firms, financial analysts, and new market entrants.
Ø The research methodologies that have been adopted for the purpose of this study have been clearly elaborated to facilitate a better understanding of the reports.
Ø The reports have been made based on the guidelines established by the General Data Protection Regulation.
Ø A large number of examples and case studies have been considered before reaching a conclusion
Reasons to buy:
v Identify opportunities and plan strategies by having a solid understanding of investment opportunities in the Artificial Intelligence in Healthcare Applications market
v Identification of Key Factors Driving Investment Opportunities in the Artificial Intelligence in Healthcare Applications market
v Facilitate decision making based on robust forecast and historical data
v Position yourself to take full advantage of the industry’s growth potential.
v Develop strategies based on the latest regulatory events
v Identify key partners and business development pathways
v Respond to your competitors’ business structure, strategy, and insights
v Identify key strengths and weaknesses of important market participants
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