Artificial Intelligence (AI) in healthcare represents a collection of multiple technologies enables the machines to sense, understand, and act. The global AI in the healthcare market will be growing with a CAGR of 48.7% to reach $XX Billion by 2025 from $XX Billion in 2019 during the forecast period 2019-2025. The prominent factors leading the AI in healthcare market growth are the ability of AI to improve patient outcomes, rising adoption of precision medicine, growing need to increase coordination between healthcare workforce & patients, and increasing venture capital investments. Also, increasing applications of AI technologies, an increasing number of collaborations, and the rapid introduction of AI technologies in drug development are also the major factors contributing to the market growth during the forecast period.

Research Study Objectives:

• Define, estimate, and forecast the Artificial Intelligence in Healthcare market statistics by offering, algorithm, application, end user, and regions concerning the individual growth drivers, market trends and their contribution toward the Artificial Intelligence in Healthcare market growth
• Provides comprehensive information regarding the key factors influencing the market growth (Drivers, Restraints & Challenges, and Opportunities)
• Estimate & forecast the market size of all the segments concerning geographies including North America, Europe, Asia Pacific (APAC), South America and the Middle East and Africa (MEA).
• Recent competitive developments including M&A (Mergers and Acquisitions), Partnerships, and Product Innovations are provided in the Artificial Intelligence in Healthcare Market Analysis
• Analysis and conclusions on the future Artificial Intelligence in Healthcare market outlook.

Top-down and bottom-up approaches are used to validate the Artificial Intelligence in Healthcare Market Size and are used to estimate the size of other dependent submarkets. Key players in the market are identified through various secondary sources; databases including Bloomberg Businessweek, Hoovers, Factiva, journals and associations and the market revenues are estimated and are thoroughly validated through primary and secondary research. Secondary research involves the study of annual and financial reports of top players in the market, whereas primary research includes extensive interviews with the KoL’s such as CEOs, directors, board members, VP’s, sales managers, engineers, marketing executives, technicians, account managers, investors, strategic decision makers and others. The Artificial Intelligence in Healthcare Market shares and breakdowns are determined using secondary sources and are verified by the primary sources. All possible parameters/factors that are affecting the Artificial Intelligence in Healthcare market demand are covered in the research study are verified through primary research, analysed and interpreted to get the final qualitative and quantitative data. This data is collected and added with detailed analysis from Envision Inteligence and presented in this report.

The scope of the Report

The Artificial Intelligence in Healthcare market segmentation is as follows:

By Offering

• Hardware
• Software
• AI Platform
• Solution
• Services
• Support and Maintenance
• Deployment and Integration

By Algorithm

• Context-Aware Processing
• Deep Learning
• Natural Language Processing
• Querying Method

By Application

• Robot-Assisted Surgery
• Virtual Nursing Assistant
• Fraud Detection
• Drug Discovery
• Patient Data and Risk Analytics
• Precision Medicine
• Others

By End Users

• Payers
• Healthcare Providers
• Patients
• Pharmaceutical & Biotechnology Companies
• Others

Geographical Analysis:

Artificial Intelligence in Healthcare Market is segmented by geography into North America, South America, Europe, APAC and Middle East & Africa. U.S., Canada, Mexico and Costa Rica are analysed under North American region which is usually turning as the hotspot in the market. The South American region is further segregated into Brazil, Argentina, Chile, Columbia and some other emerging economies. In Europe, the market is extensively examined by covering U.K., Germany, France, Italy, Spain, Netherlands, Poland, Switzerland and some other promising economies. APAC is further categorised by countries into China, India, Japan, South Korea, Australia & New Zealand, Malaysia, Singapore and many other emerging nations. In the Middle East & African region, Saudi Arabia, UAE, Iran, Iraq, Qatar, South Africa, Algeria, Morocco, Nigeria and so on countries are evaluated to understand the market growth lucidly.

Customization Options:

With the given research report, Envision Inteligence offers customisations as per the client’s specific requirements. The following customisation options offered for the Artificial Intelligence in Healthcare Market include:

• Scope Revision
• Geographic Analysis
• Company Profiles
• Historical Data & Forecasting
• Key Contact Persons in companies

Global Artificial Intelligence in Healthcare Market Research Report Includes:

• An executive summary condensing the whole report such that essential authority can rapidly twist up doubtlessly acquainted with brief overview and conclusion.
• To have a complete market analysis through industry value chain analysis, Porter’s Five Force Model, PESTLE, SWOTanalysis, and Y-o-Y analysis.
• Regional and global diversity is analysed with the major countries and the unions. Scrutinizing the revenue generation on year–on–year
• Identifying DROC in the current market and their impact on altering market dynamics.
• Competitive landscape analysis to identify the merger and acquisition which will have a comparative financial study with significant competitors.
• Expertise investment opportunities by an analyst to the individual and organisation to have a better foothold in the market.
• Identify the latest developments, market shares and strategies that are employed by the significant Artificial Intelligence in Healthcare market players, such as
  • Google Inc.
  • IBM Corporation
  • Microsoft Corporation
  • Next IT Corporation
  • NVIDIA Corporation
• Along with these companies, many other companies are considered in the report while analysing the Global Artificial Intelligence in Healthcare competitive strategies and environment. These companies held substantial share-owning to the nature of the industry whereas, the rest of the market shares are marginal chunks to regional and local level manufacturers. Other players also have considerable presence owing to its robust brand image, geographical reach and stable customer base.