The report "Artificial Intelligence in Healthcare Market
by Offering (Hardware, Software, Services), Technology (Machine
Learning, NLP, Context-Aware Computing, Computer Vision), End-Use
Application, End User, and Geography – Global Forecast to 2025"
According to the latest market research report, the artificial
intelligence in healthcare market is estimated to be valued at USD 2.1
billion in 2018 and is expected to reach USD 36.1 billion by 2025, at a
CAGR of 50.2% from 2018 to 2025. The market has huge potential across
various end users such as hospitals and providers, healthcare payers,
and pharmaceutical and biotechnology companies. Increasingly large and
complex data set available in the form of big data and growing need to
reduce the increasing healthcare cost drive the growth of this market.
Improving computing power and declining cost of hardware are other key
factors driving the AI in healthcare market.
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Browse 103 market data Tables and 49 Figures spread through 216 Pages and in-depth TOC on "Artificial Intelligence in Healthcare Market by Offering (Hardware, Software, Services), Technology (Machine Learning, NLP, Context-Aware Computing, Computer Vision), End-Use Application, End User, and Geography – Global Forecast to 2025"
The major companies profiled in this report are NVIDIA (US), Intel (US), IBM (US), Google (US), Microsoft (US), AWS (US), General Vision (US), GE Healthcare (US), Siemens Healthineers (Germany), Medtronic plc (US). The market has active participation of start-ups. A few emerging companies in the market are CloudMedx (US), Imagia Cybernetics (Canada), Precision Health AI (US), and Cloud Pharmaceuticals (US).
AI in healthcare market for software to hold largest market during forecast period
The AI in healthcare market for software segment is expected to hold the largest market from 2018 to 2023. Growing adoption of AI solutions and platforms among healthcare providers and healthcare payers is the prime factor driving the growth of the software segment. The software is developed using AI technologies, such as machine learning, natural language processing, and deep learning. In most cases, the software can run in the existing system without any additional requirement for specific hardware.
Cross-industry participation in the healthcare domain along with significant increase in venture capital investment, is encouraging several new players to enter the market for AI in the healthcare space.
About MarketsandMarkets™
MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.
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Mr. Sanjay Gupta
MarketsandMarkets™ INC.
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Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441
newsletter@marketsandmarkets.com
• Download Informational PDF Brochure :-
https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=54679303
Browse 103 market data Tables and 49 Figures spread through 216 Pages and in-depth TOC on "Artificial Intelligence in Healthcare Market by Offering (Hardware, Software, Services), Technology (Machine Learning, NLP, Context-Aware Computing, Computer Vision), End-Use Application, End User, and Geography – Global Forecast to 2025"
The major companies profiled in this report are NVIDIA (US), Intel (US), IBM (US), Google (US), Microsoft (US), AWS (US), General Vision (US), GE Healthcare (US), Siemens Healthineers (Germany), Medtronic plc (US). The market has active participation of start-ups. A few emerging companies in the market are CloudMedx (US), Imagia Cybernetics (Canada), Precision Health AI (US), and Cloud Pharmaceuticals (US).
AI in healthcare market for software to hold largest market during forecast period
The AI in healthcare market for software segment is expected to hold the largest market from 2018 to 2023. Growing adoption of AI solutions and platforms among healthcare providers and healthcare payers is the prime factor driving the growth of the software segment. The software is developed using AI technologies, such as machine learning, natural language processing, and deep learning. In most cases, the software can run in the existing system without any additional requirement for specific hardware.
By offering, services to grow at highest CAGR during forecast period
Growing adoption of AI in hospitals and other healthcare service providers is expected to boost the demand for services segment in later part of the forecast period.By technology, the artificial intelligence in healthcare market for Machine learning technology to hold the largest market share throughout the forecast period
Machine learning’s ability to collect and handle big data, and its applications in various healthcare applications, such as patient data and risk analysis, drug discovery, and in-patient care and hospital management, are fueling its growth.By geography, North America is expected to dominate the healthcare market
The North American AI in healthcare market is further segmented into the US, Canada, and Mexico. The US is considered one of the major contributors in the North American AI in healthcare market. The US is one of the leading countries in the world to adopt AI technology across the continuum of care.Cross-industry participation in the healthcare domain along with significant increase in venture capital investment, is encouraging several new players to enter the market for AI in the healthcare space.
About MarketsandMarkets™
MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.
Contact:
Mr. Sanjay Gupta
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441
newsletter@marketsandmarkets.com
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