Global Artificial Intelligence in Healthcare Market is Expected to Register a Healthy CAGR in the Forecast Period of 2019 to 2026


Global Artificial Intelligence in Healthcare Market

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Artificial intelligence in healthcare is the application of technologies available at the disposal of the healthcare providers. The application of artificial intelligence helps in better services provision, analysis of the techniques being used to treat the patient, analysis of the diagnosis and  improvements in operations.

Segmentation: Global Artificial Intelligence in Healthcare Market

Global Artificial Intelligence In Healthcare Market is segmented on the basis of:

  • Offering – Hardware, Software
  • Applications – Robot-Assisted Surgery, Virtual Nursing Assistant, Administrative Workflow Assistance, Fraud Detection, Dosage Error Reduction, Clinical Trial Participant Identifier, Preliminary Diagnosis
  • Technology – Machine Learning, Natural Language Processing, Context-Aware Computing, Computer Vision
  • End-Use Application – Patient Data & Risk Analysis, Inpatient Care & Hospital Management, Medical Imaging & Diagnostics, Lifestyle Management & Monitoring, Virtual Assistant, Drug Discovery, Research, Healthcare Assistant Robots, Precision Medicine, Emergency Room & Surgery, Wearables, Mental Health
  • End-User – Hospitals & Providers, Patients, Pharmaceutical & Biotechnology Companies, Healthcare Payers
  • Geography – North America, South America, Europe, Asia-Pacific, Middle East and Africa

Key Market Competitors: Global Artificial Intelligence in Healthcare Market

Few of the major competitors currently working in the global artificial intelligence in healthcare market are NVIDIA Corporation, Intel Corporation, IBM, Google, Microsoft, General Vision, GENERAL ELECTRIC, Siemens Healthcare Private Limited, Medtronic, CloudMedx Inc., Imagia Cybernetics Inc., Precision Health Intelligence, LLC., Cloud Pharmaceuticals, Inc.

Imbalance between health workforce and patients

The patient pool globally has been rising significantly amid a growing prevalence of chronic diseases. The provision in quality of healthcare services is suffering due to the lack of skilled healthcare workforce in comparison to the patients requiring focus and care. Lack of nurses, doctors, physicians and even surgeons cause significant loss of lives, as these healthcare providers are not able to provide the best quality of care possible.

This trend has resulted in major healthcare organizations and providers in adoption of artificial intelligence wherein the technologies available to them help in better analysis of diagnosis, better healthcare services, it can even help in performance of surgeries in recent times where robots are taking over in the operating rooms to promote better efficiency of resources and effectiveness in surgical procedures.

The application of artificial intelligence in healthcare promotes safety, efficacy of services providing better levels of allocation of limited resources.

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