Healthcare Artificial Intelligence Market Analysis, Industry Outlook, Current Trends and Forecast by 2026

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Feb 05, 2021 (Market Insight Reports) —
Selbyville, Delaware. The latest Healthcare Artificial Intelligence Market Analysis report is comparative coverage of key player’s qualitative and quantitative information highlighting key market developments, challenges, competition and growth opportunities available in the Healthcare Artificial Intelligence Market. The report expects to provide front-line Healthcare Artificial Intelligence market intelligence and help business professionals to take growth-oriented decision for their organizations. Along with the Healthcare Artificial Intelligence Market analysis data this report incorporates and tracks emerging trends in the current industry.

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The healthcare artificial intelligence market is anticipated to witness significant growth over the coming time period owing to increasing use of technology across numerous medical application verticals such as drug discovery, virtual assistants, therapy planning, and wearables among many others. The adoption of AI in healthcare is rapidly growing, thereby drastically changing the shape of healthcare delivery.

In comparison to traditional analytics and other clinical decision-making techniques, use of artificial intelligence in healthcare offers various advantages. Learning algorithms could become more accurate as well as precise since they interact with training data, thus letting individuals to gain unparalleled insights into outcomes of patients, treatment variability, care processes, and diagnostics.

This report has keen to several extents of analysis – industry research (global industry trends) and Healthcare Artificial Intelligence market share analysis of topmost companies, along with company profiles, and which cooperatively include about the ultimate views regarding the Healthcare Artificial Intelligence market landscape, emerging and an evolutionary segments of Healthcare Artificial Intelligence market.

Artificial intelligence in healthcare generally refers to hospitals and doctors accessing huge amount of data sets of life-saving information. This further comprises of treatment methods and their results, speed of care gathered across numerous patients, geographical locations, survival rates as well as interconnected health conditions. AI also has the potential to change numerous aspects of patient care, and administrative processes within pharmaceutical organizations, payer, and provider.

At present, key market players are launching new products in order to increase the market penetration. Citing an instance, in December 2020, GE Healthcare, a leading manufacturing company, reportedly announced that it would soon let customers to find, try as well as purchase software driven by AI via online channels including an assortment of third-party developers. As per the firm, the Edison Marketplace model could aid to change the firm’s normal process of procurement. This model would further enable potential users to utilize the artificial intelligence software in advance.

The healthcare Artificial Intelligence market is segmented in terms of application and regional landscape.

In terms of application, the overall healthcare artificial intelligence market is classified into virtual assistants, wearables, hospital workflow, therapy planning, drug discovery, medical imaging & diagnosis, and others. Among these, therapy planning segment will witness tremendous growth over the coming years. In 2019, the segment accounted for $219.5 million industry share of the overall market.

Artificial intelligence is being used across numerous settings including research facilities, clinical laboratories, and hospitals in key disease areas such as cardiology, neurology, and cancer. Some of the popular techniques of AI include ML methods for un-structured data, like natural language processing, modern deep learning, neural network, and classical support vector machine for structured data. The objective of Healthcare Artificial Intelligence market is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The report on Healthcare Artificial Intelligence market is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market.

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Major Highlights from Table of contents are listed below for quick lookup into Healthcare Artificial Intelligence Market report

Chapter 1. Competitive Landscape

  • Company market share

  • Healthcare Artificial Intelligence Market Competitive analysis of key market players

  • Competitive analysis of other prominent vendors

Chapter 2. Company Profiles

  • Business Overview

  • Financial Data

  • Product portfolio

  • Strategic Outlook

  • SWOT Analysis

Chapter 3. Methodology & Scope

  • Methodology

  • Initial data exploration

  • Healthcare Artificial Intelligence Market Statistical model and forecast

  • Industry insights and validation

  • Healthcare Artificial Intelligence Market Scope

  • Definition

  • Methodology and forecast parameters

  • Data Sources

Chapter 4. Executive Summary

  • Healthcare Artificial Intelligence industry 360º synopsis – 2025

  • Healthcare Artificial Intelligence Business trends

  • Region trends

Chapter 5. Healthcare Artificial Intelligence industry Insights

  • Healthcare Artificial Intelligence Industry segmentation

  • Industry landscape 2025

  • Industry Pitfalls and Challenges

  • Threat of new entrants

  • Threat of substitutes

  • Healthcare Artificial Intelligence Market Growth potential analysis

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The MarketWatch News Department was not involved in the creation of this content.

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