The Artificial Intelligence In Healthcare Market is poised for substantial growth between 2024 and 2032, as highlighted by this comprehensive study. Projections indicate a notable increase in market size, accompanied by a growing market share. The industry is expected to experience robust growth, driven by emerging trends and opportunities that respond to the dynamic demands of consumers. Forecasts emphasize sustained demand, indicating a favorable environment for industry expansion.
The report also covers detailed competitive landscape including company profiles of key players operating in the global market. The key players in the artificial intelligence in healthcare market includes AiCure, APIXIO, Inc., Atomwise, Inc., Butterfly Network, Inc, Cyrcadia Health Inc., Enlitic, Inc., IBM (Watson Health), iCarbonX, Insilico Medicine, Inc., Lifegraph, Modernizing Medicine, Pathway Genomics Corporation, Sense.ly, Sophia Genetics, Welltok and Zebra Medical Vision Ltd. An in-depth view of the competitive outlook includes future capacities, key mergers & acquisitions, financial overview, partnerships, collaborations, new product launches, new product developments and other developments with information in terms of H.Q.
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Market Dynamics
The rising need for improvised healthcare services due to an imbalance between health workforce and patients is driving the market growth. The growing demand to reduce healthcare cost along with increasingly large and complex data set is again boosting the market growth. On the flip side, limited acceptance from healthcare professionals owing to the risk of injury and misinterpretation may hamper the market growth. Whereas, the increasing potential of AI-based tools for elderly care and untapped market in developing regions are likely to offer opportunity over the forecast period.
This detailed market study is centered on the data obtained from multiple sources and is analyzed using numerous tools including porter’s five forces analysis, market attractiveness analysis and value chain analysis. These tools are employed to gain insights of the potential value of the market facilitating the business strategists with the latest growth opportunities. Additionally, these tools also provide a detailed analysis of each application/product segment in the global market of artificial intelligence in healthcare.
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Market Segmentation
The broad artificial intelligence in healthcare market has been sub-grouped into application. The report studies these subsets with respect to the geographical segmentation. The strategists can gain a detailed insight and devise appropriate strategies to target specific market. This detail will lead to a focused approach leading to identification of better opportunities.
By Application
· Medical imaging & diagnosis
· Drug discovery
· Therapy planning
· Hospital workflow
· Wearables
· Virtual Assistants
· Others
Regional Analysis
Furthermore, the report comprises of the geographical segmentation which mainly focuses on current and forecast demand for artificial intelligence in healthcare in North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The report further focuses on demand for individual application segments in all the regions.
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