According to a new market research report published by Global Insight Services “Artificial Intelligence in Healthcare Market is expected to reach US$ XX bn by 2031”. Report includes in-depth segmentation and market size data by categories, product types, applications, and geographies. Report also includes comprehensive analysis of key issues, trends and drivers, restraints and challenges, competitive landscape, as well as recent events such as M&A activities in the market.
Artificial intelligence (AI) in healthcare is a broad term that covers a wide range of applications and technologies. AI technologies can be used to help doctors and other healthcare professionals diagnose and treat diseases, make predictions about patient health, and improve the efficiency of care delivery. AI is also being used to develop new drugs and personalized treatments, and to create digital assistants that can help patients manage their health.
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Key Players
- Intel Corporation
- Nvidia Corporation
- Google Inc.
- IBM Corporation
- Microsoft Corporation
- General Electric Company
- Medtronic
- Micron Technology
Key Trends and Drivers
AI is being used in healthcare in a number of ways, including:
- Automating administrative tasks: AI can be used to automate administrative tasks such as insurance claims processing and appointment scheduling. This can free up time for healthcare providers to focus on patient care.
- Improving clinical decision-making: AI can be used to support clinicians in making diagnosis and treatment decisions. AI-based decision support systems can provide clinicians with real-time guidance based on the latest evidence.
- Personalizing patient care: AI can be used to personalize patient care. For example, AI-based systems can be used to identify patients at risk of developing a certain condition and to tailor treatment plans to individual patients.
- Managing population health: AI can be used to manage population health. AI-based systems can be used to identify patterns in health data and to predict future health trends. This information can be used to develop strategies for preventing or managing health problems.
- Conducting research: AI can be used to conduct research. AI-based systems can be used to identify patterns in data and to generate hypotheses. This can speed up the research process and lead to new insights.
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Market Segments
By Component
- Software Solutions
- Hardware
- Services
By Application
- Robot-Assisted Surgery
- Virtual Assistants
- Administrative Workflow Assistants
- Connected Machines
- Diagnosis
- Clinical Trials
- Fraud Detection
- Cybersecurity
- Dosage Error Reduction
Reasons to buy Artificial Intelligence in Healthcare Market Report:
- Develop comprehensive understanding of market landscape – industry structure, value-chain, key players, trends, drivers, and challenges
- Drive revenue and market-entry strategy by gaining insights into which segments and geographies are largest and likely to grow fastest
- Formulate sales and marketing strategies by gaining understanding of competitors, their positioning, and strengths & weaknesses
- Develop business and M&A strategies through understanding of latest trends and emerging players in the market
- Refine your business plans by understanding impact of disruptions such as Covid-19 and Russia-Ukraine conflict on the market
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Key Questions answered in the report:
- How is the market structured and what the key drivers and trends of this industry?
- How is the market segmented and what is the size of each segment?
- Which segments and geographies provide best growth opportunities?
- What’s the competitive landscape and positioning of players in this market?
- What is the impact of latest events such as Covid-19 and Russia-Ukraine conflict on the market?
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