Healthcare Artificial Intelligence Market – Growth, Trends, Industry Analysis and Forecasts (2022 to 2029)

Healthcare Artificial Intelligence Market was valued at US$ 0.83 Bn. in 2021. The Global Healthcare Artificial Intelligence Market size is estimated to grow at a CAGR of 44.2 % over the forecast period.

Healthcare Artificial Intelligence Market Overview:

The report explores the Healthcare Artificial Intelligence market's segments (Type, Interferometer Type, Application, End-User, and Region). Data has been provided by market participants, and regions (North America, Asia Pacific, Europe, Middle East & Africa, and South America). This market report provides a thorough analysis of the rapid advances that are currently taking place across all industry sectors. Facts and figures, illustrations, and presentations are used to provide key data analysis for the historical period from 2017 to 2020. The report investigates the Healthcare Artificial Intelligence market's drivers, limitations, prospects, and barriers. This MMR report includes investor recommendations based on thorough analytics of the Healthcare Artificial Intelligence market's contemporary competitive scenario. Healthcare Artificial Intelligence Market To know about the Research Methodology:-Request Free Sample Report

Healthcare Artificial Intelligence Market Dynamics:

The healthcare artificial intelligence market sector benefits from the mounting need to cut down healthcare costs, and the advances in figuring power and decrease in equipment cost. Raising the number of joint efforts and organizations between different areas in the healthcare care environment joined with the elevated need to work on the nature of healthcare services administrations attributable to the irregularity in the association between the patients and health workforce. Artificial intelligence technologies permit doctors to utilize instruments that work with precise and faster diagnosis and viable treatment. Yet, doctors are very hesitant to utilize present-day advancements, in line with patients' flooding inclination for these advancements instead of in-person medicines. With this variable testing the doctors-patient relationship and the hesitance showed by the specialists in embracing AI innovations, the healthcare artificial intelligence sector Growth can endure a slight hit in the future. The Growing volume of healthcare services information and expanding complexity of datasets driving the demand for AI are the fundamental variables driving healthcare care man-made consciousness market improvement, the rising need to limit transcending healthcare services costs, creating figuring limit and declining equipment costs, expanding measure of cross-industry coalitions and arrangements, and expanding divergence between wellbeing experts and patients driving them. Any variables driving Growth are the rising need to limit healthcare costs, the rising worth of huge information in healthcare l services, extended utilization of accurate medication, and diminished equipment costs. Moreover, the Growth popularity of this innovation can be because of the Growing pertinence of AI-based instruments in clinical consideration and the expansion in funding ventures. It is normal that a growing number of cross-industry joint efforts will work on AI's acknowledgment in the healthcare services market, which is likewise liable for its worthwhile growth rate. Throughout recent years, the quantity of artificial intelligence start-ups in the healthcare services industry has expanded emphatically and the direction is projected to be similar before long, which would decidedly affect the business thusly. A primary component liable for becoming the quantity of these new companies is the growth in funding demand in this area. As healthcare services establishments cannot use AI advancements without fundamental licenses and legitimate consent, severe standards are probably going to restrict business extension. What's more, since it is as yet a moderately present-day innovation, the expenses of AI frameworks are very high and need high venture for all parts. This system frequently requires incessant support and fix, which frequently leads to the significant expense of healthcare care AI frameworks, hence upsetting the improvement of the healthcare care artificial intelligence industry.

Healthcare Artificial Intelligence Market Segment Analysis:

Based on the Component, the Healthcare Artificial Intelligence Market is segmented into Hardware, Software, and Service. Among these at a CAGR of 52.4 percent over the survey period, the hardware segment is expected to see the most elevated ascent. because of its need to set up the basic AI framework, the segment additionally addresses the largest share of the healthcare artificial intelligence market. Healthcare Artificial Intelligence Market Based on Application, the Healthcare Artificial Intelligence Market is segmented into Robot-Assisted Surgery, Virtual Nursing assistants, Dosage Error Reduction, Clinical trials, Preliminary Diagnosis, and Automated Image Diagnosis. As it guarantees exactness and accuracy in muddled tasks, the robot-helped surgery segment section has gotten the largest share of the healthcare artificial intelligence market sector. The programmed picture demonstrative segment, notwithstanding, gives high potential for grow and is expected to encounter the most noteworthy CAGR at 52.5% during the forecasted period. Based on End-user, the Healthcare Artificial Intelligence Market is segmented into academic & research laboratories, pharmaceutical & biotechnology companies, and hospitals & diagnostic centres. The end-user for a critical number of AI executions are expected to be hospitals and research centres. Accordingly, the segment discoveries show its huge size and quick growth in CAGR at 52.7 percent during the forecasted period..

Healthcare Artificial Intelligence Market Regional Insights:

The Americas has the highest AI in healthcare share and is supposed to be supported over the forecasted period. Among the primary reasons that have put the Americas in a main job are a rising biotechnology industry and expanding utilizations of robot-helped a medical procedure. Besides the maturing population, the declining healthcare services laborers in North American nations, the growing requirement for better symptomatic and therapy offices, the expansion sought after for advanced wellbeing frameworks and the critical presence in the space of significant AI growths and item designers are different elements leaning toward AI in healthcare market improvement. Because of the proceeding with R&D exercises led in the healthcare services AI field, Europe represents the second biggest area. The region has a growth pattern near that of the Americas, and the quick acknowledgment of AI in healthcare upholds the district's business growth. The Asia Pacific is a quickly creating market as most would consider to be normal to encounter growth during the estimate time frame at a CAGR of 52.4 percent. The region has a wide number of patients who persistently look for excellent helpful therapy for constant infections. Attributable to rising spending, the area's healthcare services area is growing quickly. In the meantime, attributable to the deficiency of particular medical care offices in a significant part of the locale, the Middle East and Africa would show slow growth contrasted and different regions. The MEA district's creating healthcare services man-made consciousness market are supposed to significantly affect business growth. The objective of the report is to present a comprehensive analysis of the global Healthcare Artificial Intelligence Market to the stakeholders in the industry. The past and current status of the industry with the forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that include market leaders, followers, and new entrants. PORTER, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are expected to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers. The reports also help in understanding the Healthcare Artificial Intelligence Market dynamic, and structure by analyzing the market segments and projecting the Healthcare Artificial Intelligence Market size. Clear representation of competitive analysis of key players by Design, price, financial position, product portfolio, growth strategies, and regional presence in the Healthcare Artificial Intelligence Market make the report investor’s guide.

Healthcare Artificial Intelligence Market Scope: Inquire before buying

Global Healthcare Artificial Intelligence Market
Report Coverage Details
Base Year: 2021 Forecast Period: 2022-2029
Historical Data: 2017 to 2021 Market Size in 2021: US $ 0.83 Bn.
Forecast Period 2022 to 2029 CAGR: 44.2% Market Size in 2029: US $ 15.56 Bn.
Segments Covered: by Component • Hardware • Software • Services
by Application • Robot-Assisted Surgery • Virtual Nursing Assistant • Dosage Error Reduction • Clinical Trial • Preliminary Diagnosis • Automated Image Diagnosis
by End-user • Hospital & Diagnostic Centers • Pharmaceutical & Biotechnology Companies • Academic & Research Laboratories

Healthcare Artificial Intelligence Market by Region

• North America • Europe • Asia Pacific • Middle East and Africa • South America

Healthcare Artificial Intelligence Market Key Players:

• DEEP GENOMICS • Next IT Corp • General Vision • Google • NVIDIA Corporation • IBM Watson Health • Intel Corporation • Koninklijke Philips N.V • GENERAL ELECTRIC • Stryker • Microsoft Corporation • CloudMedx Inc Frequently Asked Questions about Healthcare Artificial Intelligence Market 1] What segments are covered in the Healthcare Artificial Intelligence Market report? Ans. The segments covered in the Healthcare Artificial Intelligence Market report are based on Components, Application, and End-user. 2] Which region is expected to hold the highest share in the Healthcare Artificial Intelligence Market? Ans. The North American region is expected to hold the highest share in the Healthcare Artificial Intelligence Market 3] What is the market size of the Healthcare Artificial Intelligence Market by 2029? Ans. The market size of the Healthcare Artificial Intelligence Market by 2029 is expected to reach US$ 15.56 Bn. 4] What is the forecast period for the Healthcare Artificial Intelligence Market? Ans. The forecast period for the Healthcare Artificial Intelligence Market is 2022-2029. 5] What was the market size of the Healthcare Artificial Intelligence Market in 2022? Ans. The market size of the Healthcare Artificial Intelligence Market in 2021 was valued at US$ 0.83 Bn.
1. Global Healthcare Artificial Intelligence Size: Research Methodology 2. Global Healthcare Artificial Intelligence Size: Executive Summary 2.1. Market Overview and Definitions 2.1.1. Introduction to Global Healthcare Artificial Intelligence Size 2.2. Summary 2.2.1. Key Findings 2.2.2. Recommendations for Investors 2.2.3. Recommendations for Market Leaders 2.2.4. Recommendations for New Market Entry 3. Global Healthcare Artificial Intelligence Size: Competitive Analysis 3.1. MMR Competition Matrix 3.1.1. Market Structure by region 3.1.2. Competitive Benchmarking of Key Players 3.2. Consolidation in the Market 3.2.1 M&A by region 3.3. Key Growths by Companies 3.4. Market Drivers 3.5. Market Restraints 3.6. Market Opportunities 3.7. Market Challenges 3.8. Market Dynamics 3.9. PORTERS Five Forces Analysis 3.10. PESTLE 3.11. Regulatory Landscape by region • North America • Europe • Asia Pacific • Middle East and Africa • South America 3.12. COVID-19 Impact 4. Global Healthcare Artificial Intelligence Size Segmentation 4.1. Global Healthcare Artificial Intelligence Size, by Component(2022-2029) • Hardware • Software • Services 4.2. Global Healthcare Artificial Intelligence Size, by Application (2022-2029) • Robot-Assisted Surgery • Virtual Nursing Assistant • Dosage Error Reduction • Clinical Trial • Preliminary Diagnosis • Automated Image Diagnosis 4.3. Global Healthcare Artificial Intelligence Size, by End-User (2022-2029) • Hospital & Diagnostic Centers • Pharmaceutical & Biotechnology Companies • Academic & Research Laboratories 5. North America Healthcare Artificial Intelligence (2022-2029) 5.1. North America Healthcare Artificial Intelligence Size, by Component(2022-2029) • Hardware • Software • Services 5.2. North America Healthcare Artificial Intelligence Size, by Application (2022-2029) • Robot-Assisted Surgery • Virtual Nursing Assistant • Dosage Error Reduction • Clinical Trial • Preliminary Diagnosis • Automated Image Diagnosis 5.3. North America Healthcare Artificial Intelligence Size, by End-User (2022-2029) • Hospital & Diagnostic Centers • Pharmaceutical & Biotechnology Companies • Academic & Research Laboratories 5.4. North America Healthcare Artificial Intelligence, by Country (2022-2029) • United States • Canada • Mexico 6. European Healthcare Artificial Intelligence (2022-2029) 6.1. European Healthcare Artificial Intelligence, by Component(2022-2029) 6.2. European Healthcare Artificial Intelligence, by Application (2022-2029) 6.3. European Healthcare Artificial Intelligence, by End-User (2022-2029) 6.4. European Healthcare Artificial Intelligence, by Country (2022-2029) • UK • France • Germany • Italy • Spain • Sweden • Austria • Rest Of Europe 7. Asia Pacific Healthcare Artificial Intelligence (2022-2029) 7.1. Asia Pacific Healthcare Artificial Intelligence, by Component(2022-2029) 7.2. Asia Pacific Healthcare Artificial Intelligence, by Application (2022-2029) 7.3. Asia Pacific Healthcare Artificial Intelligence, by End-User (2022-2029) 7.4. Asia Pacific Healthcare Artificial Intelligence, by Country (2022-2029) • China • India • Japan • South Korea • Australia • ASEAN • Rest of APAC 8. Middle East and Africa Healthcare Artificial Intelligence (2022-2029) 8.1. Middle East and Africa Healthcare Artificial Intelligence, by Component(2022-2029) 8.2. Middle East and Africa Healthcare Artificial Intelligence, by Application (2022-2029) 8.3. Middle East and Africa Healthcare Artificial Intelligence, by End-User (2022-2029) 8.4. Middle East and Africa Healthcare Artificial Intelligence, by Country (2022-2029) • South Africa • GCC • Egypt • Nigeria • Rest of ME&A 9. South America Healthcare Artificial Intelligence (2022-2029) 9.1. South America Healthcare Artificial Intelligence, by Component(2022-2029) 9.2. South America Healthcare Artificial Intelligence, by Application (2022-2029) 9.3. South America Healthcare Artificial Intelligence, by End-User (2022-2029) 9.4. South America Healthcare Artificial Intelligence, by Country (2022-2029) • Brazil • Argentina • Rest of South America 10. Company Profile: Key players 10.1. DEEP GENOMICS 10.2. Next IT Corp 10.2.1. Company Overview 10.2.2. Financial Overview 10.2.3. Global Presence 10.2.4. Capacity Portfolio 10.2.5. Business Strategy 10.2.6. Recent Growths 10.3. General Vision 10.4. Google 10.5. NVIDIA Corporation 10.6. IBM Watson Health 10.7. Intel Corporation 10.8. Koninklijke Philips N.V 10.9. GENERAL ELECTRIC 10.10. Stryker 10.11. Microsoft Corporation 10.12. CloudMedx Inc

About This Report

Report ID 9847
Category Healthcare
Published Date June 2022
Updated Date
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