Artificial Intelligence In Healthcare Market Worth to Outgrow by USD 81.49 billion By 2027

Posted On August 12, 2021     

According to the research report by Value Market Research, the Global Artificial Intelligence In Healthcare Market is likely to grow to USD 81.49 billion by 2027 with a CAGR of 7% during the year 2021-2027. The rising need for improvised healthcare services due to an imbalance between health workforce and patients is driving the market growth. The growing demand to reduce healthcare cost along with increasingly large and complex data set is again boosting the market growth. On the flip side, limited acceptance from healthcare professionals owing to the risk of injury and misinterpretation may hamper the market growth. Whereas, the increasing potential of AI-based tools for elderly care and untapped market in developing regions are likely to offer opportunity over the forecast period.

Artificial intelligence (AI) technology in healthcare is used for managing and analyzing data to make decisions. Applications of AI in healthcare include medical imaging & diagnosis, drug discovery, therapy planning, hospital workflow, wearables, and virtual assistants among others. Adoption of AI in healthcare improves patient care and process efficiencies. Hospitals, diagnostic organizations, clinics, and pharmaceutical organizations are some of the end users of healthcare AI.

"Global Artificial Intelligence In Healthcare Market Report By Application (Medical Imaging & Diagnosis, Drug Discovery, Therapy Planning, Hospital Workflow, Wearables, Virtual Assistants And Others) And By Regions - Industry Trends, Size, Share, Growth, Estimation And Forecast, 2021-2027" is an elaborate report providing market data on the basis of segments and geography.

On the basis of offerings the market is segmented into Medical Imaging & Diagnosis, Drug Discovery, Therapy Planning, Hospital Workflow, Wearables, Virtual Assistants And Others. By geography the report is bifurcated into North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Artificial Intelligence In Healthcare is the dominating region. The data tables in this section depict the market estimate by market segment.

The Report Segments Global Artificial Intelligence In Healthcare Market -
By Offerings

  • Hardware
  • Software

By Technology

  • Machine Learning
  • Natural Language Processing
  • Context-Aware Computing
  • Computer Vision

By Application

  • Robot-assisted Surgery
  • Virtual Nursing Assistant
  • Administrative Workflow Assistance
  • Fraud Detection
  • Dosage Error Reduction
  • Clinical Trial Participant Identifier
  • Connected Machines
  • Others (Preliminary Diagnosis, Automated Image Diagnosis, cybersecurity)

By End-User

  • Hospitals & Healthcare Providers
  • Patients
  • Pharmaceuticals & Biotechnology Companies
  • Healthcare Payers
  • Others

By Region

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

Players Profiled In the Report:
Alphabet Inc., Enlitic Inc, General Vision, iCarbonX, Intel Corporation, IBM Corporation, Microsoft Corporation, Nvidia Corporation, Next IT Corp, and Welltok Inc.

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