Pricing & Plans

Global Artificial Intelligence in Healthcare Market to Cross US$15 Billion by 2025 at a CAGR of over 40% - QY Research

  By QY Research          12 Dec 2019   Life Science        

Global Artificial Intelligence in Healthcare Market to Cross US$15 Billion by 2025 at a CAGR of over 40% - QY Research

QY Research recently published a research report, titled, “Global Artificial Intelligence in Healthcare Market Report, History and Forecast 2014-2025, Breakdown Data by Companies, Key Regions, Types and Application”. The expanding horizons of artificial intelligence (AI) have entered the evolving field of healthcare. This collaboration is not only expected to help in diagnostics but also help in devising personalized medicine, monitoring patients, and drug development. AI is bringing more innovation in the field of healthcare, which is expected to increase the scope of the global artificial intelligence in healthcare market during the forecast period.

In 2018, the global artificial intelligence in healthcare market size was US$1 bn approximately and it is expected to reach US$15 bn approximately by the end of 2025. The global market for artificial intelligence in healthcare is expected to register a CAGR of over 40% during the forecast period.

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Use of Artificial Intelligence in Healthcare to Bridge Gap between Patients and Healthcare Providers

Introduction of AI in healthcare is expected to boost the market as it enhances the healthcare service by bridging the gap between patients and healthcare providers, thus reducing chances of errors. AI applications are creating ease in administrative workflow by allowing better planning and scheduling tools to professionals and institutions. These applications also help in management by improving access to information about drugs, insurance coverages, appointment schedules, and patients. The applications are also playing a crucial role in designing patient diets and ensuring follow up of discharged patients. Use of artificial intelligence in in-patient care, hospital management, lifestyle management, patient monitoring, and virtual assistance are contributing to the growth of the global artificial intelligence in healthcare market.

The increased usage of AI in healthcare is also leading the growth of medical tourism, especially in developing economies. AI makes record keeping efficient, which ensures precision in prescribing medicines. It has also enabled application of telemedicine, making healthcare available in remote places. These factors are expected to drive the growth of global artificial intelligence in healthcare market during the forecast period.

Deep Learning Segment to Hold Largest Market Share Owing Increased Use of Signal Reduction

The global artificial intelligence in healthcare market is split into type segment and application segment. The type segment includes natural language processing, querying method, and deep learning. The image recognition, data mining, and increasing use of signal reduction is expected to boost the growth of deep learning segment. The application segment is split into patient data and risk analysis, lifestyle management and monitoring, precision medicine, in-patient care and hospital management, medical imaging and diagnosis, and others.

North America to Dominate Global Artificial Intelligence in Healthcare Market

North America is projected to continue its dominance in the global artificial intelligence in healthcare market owing to the adoption of new technology in the region. Europe is another key region for the market due to the demand for affordable healthcare and favorable government norms. Analysts also anticipate that improvement of IT infrastructure, high spending in healthcare, and soaring medical tourism industry across Asia Pacific are expected to boost the regional market.

Companies to Add Value to Patient Care Devices to Maintain Position

Intel collaborated with GE Healthcare to develop X-ray solutions. These machines are intended toward detecting life-threatening conditions in seconds. They are also capable of prioritizing critical cases and optimizing workflows to improve the speed and accuracy of medical imaging. This device will require unique AI algorithm to help raise expedite time to diagnose. Such innovations are anticipated to enhance patient care and user productivity.

This report focuses on the top players in the global market such as Atomwise, Deep Genomics, General Electric (GE) Company, Intel Corporation, Microsoft Corporation, General Vision, Enlitic, Recursion Pharmaceuticals, Sentrian, Bay Labs, Koninklijke Philips, Nvidia Corporation, Zephyr Health, Google, IBM Corporation, Siemens Healthineers, Johnson & Johnson Services, Medtronic, Stryker Corporation, Careskore, Next IT, Welltok, Icarbonx, Oncora Medical, and Cloudmedx.

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Table of Contents

Artificial Intelligence in Healthcare Market Report by Company, Regions, Types and Applications, Global Status and Forecast to 2025

1 Industry Overview of Artificial Intelligence in Healthcare

1.1  Artificial Intelligence in Healthcare Market Overview

1.1.1 Artificial Intelligence in Healthcare Product Scope

1.1.2 Market Status and Outlook

1.2 Global Artificial Intelligence in Healthcare Market Size and Analysis by Regions

1.2.1 North America

1.2.2 Europe

1.2.3 China

1.2.4 Rest of Asia Pacific

1.2.5 Central & South America

1.2.6 Middle East & Africa

1.3 Artificial Intelligence in Healthcare Market by Type

1.3.1 Deep Learning

1.3.2 Querying Method

1.3.3 Natural Language Processing

1.4 Artificial Intelligence in Healthcare Market by End Users/Application

1.4.1 Patient Data and Risk Analysis

1.4.2 Lifestyle Management and Monitoring

1.4.3 Precision Medicine

1.4.4 In-Patient Care and Hospital Management

1.4.5 Medical Imaging and Diagnosis

1.4.6 Other

2 Global Artificial Intelligence in Healthcare Competition Analysis by Players

2.1 Artificial Intelligence in Healthcare Market Size (Value) by Players (2018 and 2019)

2.2 Competitive Status and Trend

2.2.1 Market Concentration Rate

2.2.2 Product/Service Differences

2.2.3 New Entrants

2.2.4 The Technology Trends in Future

3 Company (Top Players) Profiles

3.1 Intel Corporation

3.1.1 Company Profile

3.1.2 Main Business/Business Overview

3.1.3 Products, Services and Solutions

3.1.4 Artificial Intelligence in Healthcare Revenue (Value) (2014-2019)

3.1.5 Recent Developments

3.2 Nvidia Corporation

3.2.1 Company Profile

3.2.2 Main Business/Business Overview

3.2.3 Products, Services and Solutions

3.2.4 Artificial Intelligence in Healthcare Revenue (Value) (2014-2019)

3.2.5 Recent Developments

3.3 Google

3.3.1 Company Profile

3.3.2 Main Business/Business Overview

3.3.3 Products, Services and Solutions

3.3.4 Artificial Intelligence in Healthcare Revenue (Value) (2014-2019)

3.3.5 Recent Developments

3.4 IBM Corporation

3.4.1 Company Profile

3.4.2 Main Business/Business Overview

3.4.3 Products, Services and Solutions

3.4.4 Artificial Intelligence in Healthcare Revenue (Value) (2014-2019)

3.4.5 Recent Developments

3.5 Microsoft Corporation

3.5.1 Company Profile

3.5.2 Main Business/Business Overview

3.5.3 Products, Services and Solutions

3.5.4 Artificial Intelligence in Healthcare Revenue (Value) (2014-2019)

3.5.5 Recent Developments

3.6 General Vision

3.6.1 Company Profile

3.6.2 Main Business/Business Overview

3.6.3 Products, Services and Solutions

3.6.4 Artificial Intelligence in Healthcare Revenue (Value) (2014-2019)

3.6.5 Recent Developments

3.7 Enlitic

3.7.1 Company Profile

3.7.2 Main Business/Business Overview

3.7.3 Products, Services and Solutions

3.7.4 Artificial Intelligence in Healthcare Revenue (Value) (2014-2019)

3.7.5 Recent Developments

3.8 Next IT

3.8.1 Company Profile

3.8.2 Main Business/Business Overview

3.8.3 Products, Services and Solutions

3.8.4 Artificial Intelligence in Healthcare Revenue (Value) (2014-2019)

3.8.5 Recent Developments

3.9 Welltok

3.9.1 Company Profile

3.9.2 Main Business/Business Overview

3.9.3 Products, Services and Solutions

3.9.4 Artificial Intelligence in Healthcare Revenue (Value) (2014-2019)

3.9.5 Recent Developments

3.10 Icarbonx

3.10.1 Company Profile

3.10.2 Main Business/Business Overview

3.10.3 Products, Services and Solutions

3.10.4 Artificial Intelligence in Healthcare Revenue (Value) (2014-2019)

3.10.5 Recent Developments

3.11 Recursion Pharmaceuticals

3.12 Koninklijke Philips

3.13 General Electric (GE) Company

3.14 Siemens Healthineers

3.15 Johnson & Johnson Services

3.16 Medtronic

3.17 Stryker Corporation

3.18 Careskore

3.19 Zephyr Health

3.20 Oncora Medical

3.21 Sentrian

3.22 Bay Labs

3.23 Atomwise

3.24 Deep Genomics

3.25 Cloudmedx

4 Global Artificial Intelligence in Healthcare Market Size by Type and Application (2014-2019)

4.1 Global Artificial Intelligence in Healthcare Market Size by Type (2014-2019)

4.2 Global Artificial Intelligence in Healthcare Market Size by Application (2014-2019)

4.3 Potential Application of Artificial Intelligence in Healthcare in Future

4.4 Top Consumer/End Users of Artificial Intelligence in Healthcare

5 North America Artificial Intelligence in Healthcare Development Status and Outlook

5.1 North America Artificial Intelligence in Healthcare Market Size (2014-2019)

5.2 North America Artificial Intelligence in Healthcare Market Size and Market Share by Players (2018 and 2019)

6 Europe Artificial Intelligence in Healthcare Development Status and Outlook

6.1 Europe Artificial Intelligence in Healthcare Market Size (2014-2019)

6.2 Europe Artificial Intelligence in Healthcare Market Size and Market Share by Players (2018 and 2019)

7 China Artificial Intelligence in Healthcare Development Status and Outlook

7.1 China Artificial Intelligence in Healthcare Market Size (2014-2019)

7.2 China Artificial Intelligence in Healthcare Market Size and Market Share by Players (2018 and 2019)

8 Rest of Asia Pacific Artificial Intelligence in Healthcare Development Status and Outlook

8.1 Rest of Asia Pacific Artificial Intelligence in Healthcare Market Size (2014-2019)

8.2 Rest of Asia Pacific Artificial Intelligence in Healthcare Market Size and Market Share by Players (2018 and 2019)

9 Central & South America Artificial Intelligence in Healthcare Development Status and Outlook

9.1 Central & South America Artificial Intelligence in Healthcare Market Size (2014-2019)

9.2 Central & South America Artificial Intelligence in Healthcare Market Size and Market Share by Players (2018 and 2019)

10 Middle East & Africa Artificial Intelligence in Healthcare Development Status and Outlook

10.1 Middle East & Africa Artificial Intelligence in Healthcare Market Size (2014-2019)

10.2 Middle East & Africa Artificial Intelligence in Healthcare Market Size and Market Share by Players (2018 and 2019)

11 Market Forecast by Regions, Type and Application (2019-2025)

11.1 Global Artificial Intelligence in Healthcare Market Size (Value) by Regions (2019-2025)

11.1.1 North America Artificial Intelligence in Healthcare Revenue and Growth Rate (2019-2025)

11.1.2 Europe Artificial Intelligence in Healthcare Revenue and Growth Rate (2019-2025)

11.1.3 China Artificial Intelligence in Healthcare Revenue and Growth Rate (2019-2025)

11.1.4 Rest of Asia Pacific Artificial Intelligence in Healthcare Revenue and Growth Rate (2019-2025)

11.1.5 Central & South America Artificial Intelligence in Healthcare Revenue and Growth Rate (2019-2025)

11.1.6 Middle East & Africa Artificial Intelligence in Healthcare Revenue and Growth Rate (2019-2025)

11.2 Global Artificial Intelligence in Healthcare Market Size (Value) by Type (2019-2025)

11.3 Global Artificial Intelligence in Healthcare Market Size by Application (2019-2025)

12 Artificial Intelligence in Healthcare Market Dynamics

12.1 Artificial Intelligence in Healthcare Market Opportunities

12.2 Artificial Intelligence in Healthcare Challenge and Risk

12.2.1 Competition from Opponents

12.2.2 Downside Risks of Economy

12.3 Artificial Intelligence in Healthcare Market Constraints and Threat

12.3.1 Threat from Substitute

12.3.2 Government Policy

12.3.3 Technology Risks

12.4 Artificial Intelligence in Healthcare Market Driving Force

12.4.1 Growing Demand from Emerging Markets

12.4.2 Potential Application

13 Market Effect Factors Analysis

13.1 Technology Progress/Risk

13.1.1 Substitutes

13.1.2 Technology Progress in Related Industry

13.2 Consumer Needs Trend/Customer Preference

13.3 External Environmental Change

13.3.1 Economic Fluctuations

13.3.2 Other Risk Factors

14 Research Finding/Conclusion

15 Appendix


Analyst Introduction

Data Source

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