Luton, Bedfordshire, United Kingdom, March 18, 2023 (GLOBE NEWSWIRE) — Exactitude Consultancy, the market research and consulting arm of Ameliorate Digital Consultancy Private Limited, has completed and published the final copy of a comprehensive research report on the Healthcare AI Market.

The The global healthcare AI market at a CAGR of 42%, and it is expected to reach USD 169.7 billion by 2029, during the forecast period.

The Healthcare AI Market Healthcare is a rapidly growing segment of the industry, driven by the increasing use of artificial intelligence (AI) in medical research, diagnosis, and patient care. AI refers to the simulation of human intelligence in machines that are programmed to perform tasks that normally require human intelligence, such as perception, reasoning and learning.

The healthcare AI market can be segmented by technology, application, and geography. Technology segments include machine learning, natural language processing, computer vision, and others. Application segments include medical imaging and diagnostics, drug discovery and research, electronic health records (EHRs), patient monitoring and care, and others.

Driven by factors such as increasing adoption of big data in healthcare, increasing need for personalized medicine, and increasing prevalence of chronic diseases, the global healthcare AI market is expected to grow significantly over the next few years. The North American region is expected to be the largest market for healthcare AI, owing to the presence of several key players in the region as well as the growing use of AI in healthcare.

However, the healthcare AI market faces several challenges, including high costs of implementation, data privacy concerns, and regulatory barriers. However, the market is expected to continue to grow and provide innovative solutions for the healthcare industry.

The main competitors in the global market are:
Welltok, Inc., Intel Corporation, Nvidia Corporation, Google Inc., IBM Corporation, Microsoft Corporation, General Vision, Inc., Enlitic, Inc., Next IT Corporation, and iCarbonX are some of the key players in the global healthcare AI market.

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Recent developments

In December 2022, Amazon Web Services Inc. announced a strategic collaboration agreement (SCA) with Slalom, LLC to develop vertical solutions and accelerators on AWS for its customers in the healthcare, life sciences, financial services, energy, and media and entertainment industries.

In November 2022, At the Radiological Society of North America (RSNA) 2021 Annual Meeting, GE Healthcare unveiled 60 of its innovative technology solutions for diagnosis, patient screening, guidance, therapy planning, and monitoring. Along with this, the company has accelerated its healthcare innovation with artificial intelligence (AI) and digital solutions.

In October 2022, Google Inc. announced the launch of its new Medical Imaging Suite, which helps access and interoperability of radiology and other imaging data. It is designed to offer flexible options for cloud on-prem or edge deployment, allowing organizations to achieve diverse governance, privacy requirements, and data protection.

What information is included in this report?

Historical data coverage: 2017 to 2022;

Growth projection: From 2023 to 2029.

Expert Analysis: Industry, Governance, Innovation and Technology Trends; Factors Affecting Development; Weaknesses, SWOT.

6-7 Year Performance Forecast: Key Segments Covering Applications, Top Products and Geographical Regions.

Competitive landscape reporting: market leaders and important players, these companies’ product capabilities and capabilities as well as stability and prospects.

Major Sections:

Healthcare AI Market by Component, 2023 -2029, (USD Million).

  • Software solutions
  • Hardware
  • Services

Healthcare AI Market by Application, 2023-2029, (USD Million).

  • Medical Imaging and Diagnosis
  • Drug discovery
  • therapy plan
  • Hospital workflow
  • Wearables
  • Virtual assistants

The research highlights important participants and manufacturers as well as the most recent strategies including new product launches, collaborations, joint ventures, technology, segmentation of regional and industrial competition, profit and loss ratios, and investment suggestions. Accurate assessment of efficient production and advertising methods, as well as market share, growth rate, size, revenue, and value chain analysis.

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The “World Healthcare AI Market Research Report” is an in-depth analysis of the global industry with a focus on the current state of the global Healthcare AI market. The research provides important data on the market state of the manufacturers of the global Healthcare AI Market and is a great resource for businesses and individuals interested in the sector.

Healthcare AI Market Latest Trends:

Integration with the Internet of Things (IoT): The integration of AI with IoT has enabled the development of smart healthcare systems, which can collect real-time data from medical devices and wearable technology. This data can be used to monitor patient health, provide personalized treatment plans, and improve healthcare outcomes.

Applications of AI in Genomics: The use of AI in genomics has enabled researchers to analyze large amounts of genomic data quickly and accurately. This has led to the development of new treatments for genetic diseases and personalized medicine.

Use of AI in Clinical Decision Support: AI-powered clinical decision support systems (CDSS) can analyze patient data and provide clinicians with personalized treatment recommendations. CDSS can help clinicians make faster and more accurate diagnoses, leading to better patient outcomes.

Healthcare AI Market Regional Markets (Regional Production, Demand and Country Forecast):-
North America (USA, Canada, Mexico)
South America (Brazil, Argentina, Ecuador, Chile)
Asia Pacific (China, Japan, India, Korea)
Europe (Germany, UK, France, Italy)
Middle East Africa (Egypt, Turkey, Saudi Arabia, Iran) and more.

Research Broadside examines the past, present and future performance of global markets. The paper also examines the current competitive environment, key business models, and the likely progression of offerings from key companies in the coming years.

Key aspects of the report include:
– Comprehensive examination of the global Healthcare AI market – variable sector market dynamics.
– Market segmentation in depth.
– Market size in terms of volume and value over time, both current and future
– Latest Changes and Trends – Competitive landscape of the Global Healthcare AI Market.
– Strategies and products offered by key players.
– Potential markets and isolated sectors with potential growth
– Comparative analysis of barcode mobile computer and global barcode-scanner market.

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Access full report details, summaries, figure tables, graphs, etc.:

Healthcare AI Market Report Highlights:

by component, by Application, By major market players and area.

aspects Details
by component
  • Software solutions
  • Hardware
  • Services
by application
  • Medical Imaging and Diagnosis
  • Drug discovery
  • therapy plan
  • Hospital workflow
  • Wearables
  • Virtual assistants
Major market players Welltok, Inc., Intel Corporation, Nvidia Corporation, Google Inc., IBM Corporation, Microsoft Corporation, General Vision, Inc., Enlitic, Inc., Next IT Corporation, and iCarbonX and others.
According to the region
  • North America
  • Europe
  • Asia Pacific
  • South America
  • Middle East and Africa

Reasons to Buy Global Healthcare AI Report:
1. Current and Future Outlook of the Global Healthcare AI Market in Developed and Emerging Markets.
2. Analysis of various market perspectives with the help of Porter’s five forces analysis.
3. Segment to dominate the Global Healthcare AI Market.
4. Regions that are expected to witness the fastest growth during the forecast period.
5. Identifies recent developments, global healthcare AI market shares and strategies employed by major market players.

Furthermore, the market research confirms the major global players in the Global Healthcare AI Market. Their key marketing strategies and advertising techniques are highlighted to provide a clear understanding of the global market.

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