Artificial Intelligence (AI) in Healthcare Market Forecasts to 2028 – Global Analysis By Offering (Hardware, Software, Services), End User (Clinics, Diagnostic centers, Healthcare Payers) and By Geography
According to Stratistics MRC, the Global Artificial Intelligence (AI) in Healthcare Market is accounted for $4.83 billion in 2020 and is expected to reach $84.02 billion by 2028 growing at a CAGR of 42.9% during the forecast period. Rising need to reduce healthcare costs and improving computing power and declining hardware cost is driving the market growth. However, lack of skilled AI workforce and indefinite regulatory guidelines for medical software is hampering the growth of the market.
Artificial intelligence is well-defined as an intelligent system that applies numerous human intelligence-based functions such as, learning, reasoning, and problem-solving skills in altered disciplines such as, psychology, computer science, biology, engineering, linguistics, and mathematics. Artificial intelligence in healthcare makes use of algorithms and software to examine multifaceted medical data. Artificial intelligence is used within the healthcare sector to research the link between treatment techniques and patient outcomes. AI in healthcare has numerous applications in, drug discovery, medication management, and treatment plans. It is used in medical practices such as drug development, personalized medicines, diagnostic processes, and patient monitoring care.
Based on the technology, the natural language processing segment is going to have lucrative growth during the forecast period, owing to an upsurge in the use of image recognition, data mining, signal reduction, and, which are primary components of most AI protocols. This is the foremost factor boosting the segment growth.
By geography, North America is going to have high growth during the forecast period. As it has the biggest number of registered hospitals in the province. AI can aid in hospital management applications, patient care, and patient data management which can help to improve such worries. Additionally, in North America due to the decrease healthcare workforce and aging population upsurge the demand for digital health systems, improved diagnosis & treatment services. Moreover, significant existences of foremost AI technology and product inventors in the province are other factors preferring the growth of the market.
Some of the key players profiled in the Artificial Intelligence (AI) in Healthcare Market include Nvidia, Intel, IBM, Google, Microsoft, General Electric (Ge) Company, Siemens Healthineers (A Strategic Unit Of Siemens Group), Medtronic, Micron Technology and Amazon Web Services (Aws).
Offerings Covered:
• Hardware
• Software
• Services
Product, Parts & Devices Covered:
• Imaging Systems
• Medical Devices
• Smart Meters
• Smart Trackers
• Smartphones and Tablets
• Wearables
• Workstation Systems
Technology’s Covered:
• Machine Learning
• Computer Vision
• Context-Aware Computing
• Natural Language Processing
• Predictive Analytics
• Querying Method
• Speech Recognition
Applications Covered:
• Administrative Workflow Assistants
• Clinical Trial Participant Identifier
• Connected Machines
• Cybersecurity
• Diagnosis
• Dosage Error Reduction
• Drug Discovery
• Emergency Room and Hospital Management
• Fraud Detection
• Healthcare Assistance Robots
• Home Health
• Inpatient Care & Hospital Management
• Insights & Risk Analytics
• Inventory Management
• Lifestyle Management & Patient Monitoring
• Medical Imaging & Diagnostics
• Mental Health
• Operations Management
• Precision Medicine
• Predictive Maintenance/Self Diagnostics
• Preliminary Diagnosis
• Research
• Robot Assisted Surgery
• Virtual Nursing Assistants
End Users Covered:
• Clinics
• Diagnostic Centers
• Healthcare Payers
• Hospitals & Healthcare Providers
• Patients
• Pharmaceuticals & Biotechnology Companies
• Other End Users
Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2018, 2019, 2020, 2024 and 2027
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances
Table of Contents
1 Executive Summary
2 Preface
2.1 Abstract
2.2 Stake Holders
2.3 Research Scope
2.4 Research Methodology
2.4.1 Data Mining
2.4.2 Data Analysis
2.4.3 Data Validation
2.4.4 Research Approach
2.5 Research Sources
2.5.1 Primary Research Sources
2.5.2 Secondary Research Sources
2.5.3 Assumptions
3 Market Trend Analysis
3.1 Introduction
3.2 Drivers
3.3 Restraints
3.4 Opportunities
3.5 Threats
3.6 Technology Analysis
3.7 Application Analysis
3.8 End User Analysis
3.9 Emerging Markets
3.10 Impact of Covid-19
4 Porters Five Force Analysis
4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry
5 Global Artificial Intelligence (AI) in Healthcare Market, By Offering
5.1 Introduction
5.2 Hardware
5.2.1 Processor
5.2.1.1 Application-Specific Integrated Circuit (ASIC)
5.2.1.2 Field Programmable Gate Arrays (FPGA)
5.2.1.3 Graphics Processing Unit (GPU)
5.2.1.4 Micro Processor Unit (MPU)
5.2.2 Memory
5.2.3 Network
5.3 Software
5.3.1 AI Solutions
5.3.1.1 On-Premises
5.3.1.2 Cloud
5.3.2 AI Platform
5.3.2.1 Machine Learning Framework
5.3.2.2 Application Program Interface
5.4 Services
5.4.1 Deployment & Integration
5.4.2 Support & Maintenance
6 Global Artificial Intelligence (AI) in Healthcare Market, By Product, Parts & Devices
6.1 Introduction
6.2 Imaging Systems
6.3 Medical Devices
6.4 Smart Meters
6.5 Smart Trackers
6.6 Smartphones and Tablets
6.7 Wearables
6.8 Workstation Systems
7 Global Artificial Intelligence (AI) in Healthcare Market, By Technology
7.1 Introduction
7.2 Machine Learning
7.2.1 Deep Learning
7.2.2 Reinforcement Learning
7.2.3 Supervised Learning
7.2.4 Unsupervised Learning
7.3 Computer Vision
7.4 Context-Aware Computing
7.5 Natural Language Processing
7.6 Predictive Analytics
7.7 Querying Method
7.8 Speech Recognition
8 Global Artificial Intelligence (AI) in Healthcare Market, By Application
8.1 Introduction
8.2 Administrative Workflow Assistants
8.3 Clinical Trial Participant Identifier
8.4 Connected Machines
8.5 Cybersecurity
8.6 Diagnosis
8.7 Dosage Error Reduction
8.8 Drug Discovery
8.9 Emergency Room and Hospital Management
8.10 Fraud Detection
8.11 Healthcare Assistance Robots
8.12 Home Health
8.13 Inpatient Care & Hospital Management
8.14 Insights & Risk Analytics
8.15 Inventory Management
8.16 Lifestyle Management & Patient Monitoring
8.17 Medical Imaging & Diagnostics
8.18 Mental Health
8.19 Operations Management
8.20 Precision Medicine
8.21 Predictive Maintenance/Self Diagnostics
8.22 Preliminary Diagnosis
8.23 Research
8.24 Robot Assisted Surgery
8.25 Virtual Nursing Assistants
9 Global Artificial Intelligence (AI) in Healthcare Market, By End User
9.1 Introduction
9.2 Clinics
9.3 Diagnostic Centers
9.4 Healthcare Payers
9.5 Hospitals & Healthcare Providers
9.6 Patients
9.7 Pharmaceuticals & Biotechnology Companies
9.8 Other End Users
9.9.1 Advertising Cost of Sale (ACOS)
9.9.2 Managed Care Organization (MCOS) (Health)
10 Global Artificial Intelligence (AI) in Healthcare Market, By Geography
10.1 Introduction
10.2 North America
10.2.1 US
10.2.2 Canada
10.2.3 Mexico
10.3 Europe
10.3.1 Germany
10.3.2 UK
10.3.3 Italy
10.3.4 France
10.3.5 Spain
10.3.6 Rest of Europe
10.4 Asia Pacific
10.4.1 Japan
10.4.2 China
10.4.3 India
10.4.4 Australia
10.4.5 New Zealand
10.4.6 South Korea
10.4.7 Rest of Asia Pacific
10.5 South America
10.5.1 Argentina
10.5.2 Brazil
10.5.3 Chile
10.5.4 Rest of South America
10.6 Middle East & Africa
10.6.1 Saudi Arabia
10.6.2 UAE
10.6.3 Qatar
10.6.4 South Africa
10.6.5 Rest of Middle East & Africa
11 Key Developments
11.1 Agreements, Partnerships, Collaborations and Joint Ventures
11.2 Acquisitions & Mergers
11.3 New Product Launch
11.4 Expansions
11.5 Other Key Strategies
12 Company Profiling
12.1 Nvidia
12.2 Intel
12.3 IBM
12.4 Google
12.5 Microsoft
12.6 General Electric (Ge) Company
12.7 Siemens Healthineers (A Strategic Unit Of Siemens Group)
12.8 Medtronic
12.9 Micron Technology
12.10 Amazon Web Services (Aws)
List of Tables
1 Global Artificial Intelligence (AI) in Healthcare Market Outlook, By Region (2019-2028) (US $MN)
2 Global Artificial Intelligence (AI) in Healthcare Market Outlook, By Offering (2019-2028) (US $MN)
3 Global Artificial Intelligence (AI) in Healthcare Market Outlook, By Hardware (2019-2028) (US $MN)
4 Global Artificial Intelligence (AI) in Healthcare Market Outlook, By Processor (2019-2028) (US $MN)
5 Global Artificial Intelligence (AI) in Healthcare Market Outlook, By Memory (2019-2028) (US $MN)
6 Global Artificial Intelligence (AI) in Healthcare Market Outlook, By Network (2019-2028) (US $MN)
7 Global Artificial Intelligence (AI) in Healthcare Market Outlook, By Software (2019-2028) (US $MN)
8 Global Artificial Intelligence (AI) in Healthcare Market Outlook, By Artifical Intelligence (AI) Solutions (2019-2028) (US $MN)
9 Global Artificial Intelligence (AI) in Healthcare Market Outlook, By Artifical Intelligence (AI) Platform (2019-2028) (US $MN)
10 Global Artificial Intelligence (AI) in Healthcare Market Outlook, By Services (2019-2028) (US $MN)
11 Global Artificial Intelligence (AI) in Healthcare Market Outlook, By Deployment & Integration (2019-2028) (US $MN)
12 Global Artificial Intelligence (AI) in Healthcare Market Outlook, By Support & Maintenance (2019-2028) (US $MN)
13 Global Artificial Intelligence (AI) in Healthcare Market Outlook, By Product, Parts & Devices (2019-2028) (US $MN)
14 Global Artificial Intelligence (AI) in Healthcare Market Outlook, By Imaging Systems (2019-2028) (US $MN)
15 Global Artificial Intelligence (AI) in Healthcare Market Outlook, By Medical Devices (2019-2028) (US $MN)
16 Global Artificial Intelligence (AI) in Healthcare Market Outlook, By Smart Meters (2019-2028) (US $MN)
17 Global Artificial Intelligence (AI) in Healthcare Market Outlook, By Smart Trackers (2019-2028) (US $MN)
18 Global Artificial Intelligence (AI) in Healthcare Market Outlook, By Smartphones and Tablets (2019-2028) (US $MN)
19 Global Artificial Intelligence (AI) in Healthcare Market Outlook, By Wearables (2019-2028) (US $MN)
20 Global Artificial Intelligence (AI) in Healthcare Market Outlook, By Workstation Systems (2019-2028) (US $MN)
21 Global Artificial Intelligence (AI) in Healthcare Market Outlook, By Technology (2019-2028) (US $MN)
22 Global Artificial Intelligence (AI) in Healthcare Market Outlook, By Machine Learning (2019-2028) (US $MN)
23 Global Artificial Intelligence (AI) in Healthcare Market Outlook, By Deep Learning (2019-2028) (US $MN)
24 Global Artificial Intelligence (AI) in Healthcare Market Outlook, By Reinforcement Learning (2019-2028) (US $MN)
25 Global Artificial Intelligence (AI) in Healthcare Market Outlook, By Supervised Learning (2019-2028) (US $MN)
26 Global Artificial Intelligence (AI) in Healthcare Market Outlook, By Unsupervised Learning (2019-2028) (US $MN)
27 Global Artificial Intelligence (AI) in Healthcare Market Outlook, By Computer Vision (2019-2028) (US $MN)
28 Global Artificial Intelligence (AI) in Healthcare Market Outlook, By Context-Aware Computing (2019-2028) (US $MN)
29 Global Artificial Intelligence (AI) in Healthcare Market Outlook, By Natural Language Processing (2019-2028) (US $MN)
30 Global Artificial Intelligence (AI) in Healthcare Market Outlook, By Predictive Analytics (2019-2028) (US $MN)
31 Global Artificial Intelligence (AI) in Healthcare Market Outlook, By Querying Method (2019-2028) (US $MN)
32 Global Artificial Intelligence (AI) in Healthcare Market Outlook, By Speech Recognition (2019-2028) (US $MN)
33 Global Artificial Intelligence (AI) in Healthcare Market Outlook, By Application (2019-2028) (US $MN)
34 Global Artificial Intelligence (AI) in Healthcare Market Outlook, By Administrative Workflow Assistants (2019-2028) (US $MN)
35 Global Artificial Intelligence (AI) in Healthcare Market Outlook, By Clinical Trial Participant Identifier (2019-2028) (US $MN)
36 Global Artificial Intelligence (AI) in Healthcare Market Outlook, By Connected Machines (2019-2028) (US $MN)
37 Global Artificial Intelligence (AI) in Healthcare Market Outlook, By Cybersecurity (2019-2028) (US $MN)
38 Global Artificial Intelligence (AI) in Healthcare Market Outlook, By Diagnosis (2019-2028) (US $MN)
39 Global Artificial Intelligence (AI) in Healthcare Market Outlook, By Dosage Error Reduction (2019-2028) (US $MN)
40 Global Artificial Intelligence (AI) in Healthcare Market Outlook, By Drug Discovery (2019-2028) (US $MN)
41 Global Artificial Intelligence (AI) in Healthcare Market Outlook, By Emergency Room and Hospital Management (2019-2028) (US $MN)
42 Global Artificial Intelligence (AI) in Healthcare Market Outlook, By Fraud Detection (2019-2028) (US $MN)
43 Global Artificial Intelligence (AI) in Healthcare Market Outlook, By Healthcare Assistance Robots (2019-2028) (US $MN)
44 Global Artificial Intelligence (AI) in Healthcare Market Outlook, By Home Health (2019-2028) (US $MN)
45 Global Artificial Intelligence (AI) in Healthcare Market Outlook, By Inpatient Care & Hospital Management (2019-2028) (US $MN)
46 Global Artificial Intelligence (AI) in Healthcare Market Outlook, By Insights & Risk Analytics (2019-2028) (US $MN)
47 Global Artificial Intelligence (AI) in Healthcare Market Outlook, By Inventory Management (2019-2028) (US $MN)
48 Global Artificial Intelligence (AI) in Healthcare Market Outlook, By Lifestyle Management & Patient Monitoring (2019-2028) (US $MN)
49 Global Artificial Intelligence (AI) in Healthcare Market Outlook, By Medical Imaging & Diagnostics (2019-2028) (US $MN)
50 Global Artificial Intelligence (AI) in Healthcare Market Outlook, By Mental Health (2019-2028) (US $MN)
51 Global Artificial Intelligence (AI) in Healthcare Market Outlook, By Operations Management (2019-2028) (US $MN)
52 Global Artificial Intelligence (AI) in Healthcare Market Outlook, By Precision Medicine (2019-2028) (US $MN)
53 Global Artificial Intelligence (AI) in Healthcare Market Outlook, By Predictive Maintenance/Self Diagnostics (2019-2028) (US $MN)
54 Global Artificial Intelligence (AI) in Healthcare Market Outlook, By Preliminary Diagnosis (2019-2028) (US $MN)
55 Global Artificial Intelligence (AI) in Healthcare Market Outlook, By Research (2019-2028) (US $MN)
56 Global Artificial Intelligence (AI) in Healthcare Market Outlook, By Robot Assisted Surgery (2019-2028) (US $MN)
57 Global Artificial Intelligence (AI) in Healthcare Market Outlook, By Virtual Nursing Assistants (2019-2028) (US $MN)
58 Global Artificial Intelligence (AI) in Healthcare Market Outlook, By End User (2019-2028) (US $MN)
59 Global Artificial Intelligence (AI) in Healthcare Market Outlook, By Clinics (2019-2028) (US $MN)
60 Global Artificial Intelligence (AI) in Healthcare Market Outlook, By Diagnostic Centers (2019-2028) (US $MN)
61 Global Artificial Intelligence (AI) in Healthcare Market Outlook, By Healthcare Payers (2019-2028) (US $MN)
62 Global Artificial Intelligence (AI) in Healthcare Market Outlook, By Hospitals & Healthcare Providers (2019-2028) (US $MN)
63 Global Artificial Intelligence (AI) in Healthcare Market Outlook, By Patients (2019-2028) (US $MN)
64 Global Artificial Intelligence (AI) in Healthcare Market Outlook, By Pharmaceuticals & Biotechnology Companies (2019-2028) (US $MN)
65 Global Artificial Intelligence (AI) in Healthcare Market Outlook, By Other End Users (2019-2028) (US $MN)
66 Global Artificial Intelligence (AI) in Healthcare Market Outlook, By Advertising Cost of Sale (ACOS) (2019-2028) (US $MN)
67 Global Artificial Intelligence (AI) in Healthcare Market Outlook, By Managed Care Organization (MCOS) (Health) (2019-2028) (US $MN)
Frequently Asked Questions
In case of any queries regarding this report, you can contact the customer service by filing the “Inquiry Before Buy” form available on the right hand side. You may also contact us through email: info@strategymrc.com or phone: +1-301-202-5929
Yes, the samples are available for all the published reports. You can request them by filling the “Request Sample” option available in this page.
Yes, you can request a sample with your specific requirements. All the customized samples will be provided as per the requirement with the real data masked.
All our reports are available in Digital PDF format. In case if you require them in any other formats, such as PPT, Excel etc you can submit a request through “Inquiry Before Buy” form available on the right hand side. You may also contact us through email: info@strategymrc.com or phone: +1-301-202-5929
We offer a free 15% customization with every purchase. This requirement can be fulfilled for both pre and post sale. You may send your customization requirements through email at info@strategymrc.com or call us on +1-301-202-5929.
We have 3 different licensing options available in electronic format.
- Single User Licence: Allows one person, typically the buyer, to have access to the ordered product. The ordered product cannot be distributed to anyone else.
- 2-5 User Licence: Allows the ordered product to be shared among a maximum of 5 people within your organisation.
- Corporate License: Allows the product to be shared among all employees of your organisation regardless of their geographical location.
All our reports are typically be emailed to you as an attachment.
To order any available report you need to register on our website. The payment can be made either through CCAvenue or PayPal payments gateways which accept all international cards.
We extend our support to 6 months post sale. A post sale customization is also provided to cover your unmet needs in the report.
Request Customization
We provide a free 15% customization on every purchase. This requirement can be fulfilled for both pre and post sale. You may send your customization requirements through email at info@strategymrc.com or call us on +1-301-202-5929.
Note: This customization is absolutely free until it falls under the 15% bracket. If your requirement exceeds this a feasibility check will be performed. Post that, a quote will be provided along with the timelines.
WHY CHOOSE US ?
Assured Quality
Best in class reports with high standard of research integrity
24X7 Research Support
Continuous support to ensure the best customer experience.
Free Customization
Adding more values to your product of interest.
Safe & Secure Access
Providing a secured environment for all online transactions.
Trusted by 600+ Brands
Serving the most reputed brands across the world.