Artificial Intelligence (AI) in Healthcare Market to hit US$ 107,797.82 Mn, Worldwide, by 2027 Exclusive Study by The Insight Partners
The artificial intelligence in healthcare market was valued at US$ 3,991.23 million in 2019 and it is projected to reach US$ 107,797.82 million by 2027; it is expected to grow at a CAGR of 49.8% from 2020 to 2027.
The Global Artificial Intelligence (AI) in Healthcare Market 2021 Research Report is a professional and in-depth study on the current state of Artificial Intelligence (AI) in Healthcare Market.
This report provides pinpoint analysis for changing competitive dynamics. It offers a forward-looking perspective on different factors driving or limiting market growth. It provides a five-year forecast assessed on the basis of how they Artificial Intelligence (AI) in Healthcare Market is predicted to grow. It helps in understanding the key product segments and their future and helps in making informed business decisions by having complete insights of market and by making in-depth analysis of market segments.
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The artificial intelligence in healthcare market is expected to witness substantial growth post-pandemic. The global healthcare infrastructure has observed that, in order to develop and maintain sustainable healthcare setup, utilization of computational technologies such as artificial intelligence becomes crucial. Moreover, majority of the market players have focused on development of AI-powered models to fight against coronavirus pandemic.
Major Key Players Covered In This Report: Microsoft, Koninklijke Philips N.V., Intel Corporation, General Electric Company, Alphabet Inc., NVIDIA CORPORATION, Nuance Communications, Inc., Siemens Healthineers AG, Arterys Inc., and Johnson & Johnson Services, Inc. are among the leading companies operating in the artificial intelligence in healthcare market.
Based on application, the artificial intelligence in healthcare market is segmented into robot assisted surgery, virtual assistants, administrative workflow assistants, connected machines, diagnosis, clinical trials, fraud detection, cybersecurity, dosage error reduction, and others. The clinical trials segment held the largest market share in 2019, and the robot assisted surgery segment is estimated to register the highest CAGR during the forecast period. Rising adoption of robotic surgeries due to better surgical outcomes offer lucrative opportunities for the growth of robotic assisted surgery segment.
Major Key Points of Artificial Intelligence (AI) in Healthcare Market
- Artificial Intelligence (AI) in Healthcare Market Overview
- Artificial Intelligence (AI) in Healthcare Market Competition
- Artificial Intelligence (AI) in Healthcare Market, Revenue and Price Trend
- Artificial Intelligence (AI) in Healthcare Market Analysis by Application
- Company Profiles and Key Figures in Artificial Intelligence (AI) in Healthcare Market
- Market Dynamics
- Methodology and Data Source
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