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AI in Healthcare Market Drives Future Change | Alphabet Inc. (Google Inc.), Enlitic Inc, General Vision, iCarbonX




Sep 10, 2020



The ‘ AI in Healthcare market’ research report added by Report Ocean, is an in-depth analysis of the latest developments, market size, status, upcoming technologies, industry drivers, challenges, regulatory policies, with key company profiles and strategies of players. The research study provides market overview; AI in Healthcare derived key statistics, based on the market status of the manufacturers and is a valuable source of guidance and direction for companies and individuals interested in AI in Healthcare market size forecast, Get the report to understand the structure of the complete fine points (Including Full TOC, List of Tables & Figures, Chart).

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A combination of factors, including COVID-19 containment situation, end-use market recovery & Recovery Timeline of 2020/ 2021

covid-19 scenario Market Behavior/ Level of Risk and Opportunity End Industry Behavior/ Opportunity Assessment Expected Industry Recovery Timeline Business Impact Horizon
Opening of Economy by Q3 2020 xx xx xx xx
Recovery – Opening of Economy extended till Q4 2020 / Q1 2021 xx xx xx xx

The AI in healthcare market was valued at $4,836.87million in 2019 and is projected to reach $99,491.58 million by 2027, registering a CAGR of 42.8% from 2020 to 2027.Artificial intelligence (AI) can be defined as the science and engineering adopted to design intelligent machines, especially intelligent computer programs. AI is an intelligent system that applies various human intelligence based functions such as reasoning, learning, and problem-solving skills on different disciplines such as biology, computer science, mathematics, linguistics, psychology, and engineering. AI is widely applicable in medication management, treatment plans, and drug discovery.

The growth of the AI in healthcare market is driven by the ability of AI to improve patient outcomes, need to increase coordination between healthcare workforce & patients, increase in adoption of precision medicine, and a notable rise in venture capital investments. In addition, rise in importance of big data in healthcare is expected to fuel the market growth.

The market is expected to witness a moderate growth during the forecast period, owing to rise in adoption of AI systems. Furthermore, technological advancements in AI systems are anticipated to augment the market growth. Prospective of AI-based tools for elderly care and the untapped potential of emerging markets, such as China and India, are expected to present various opportunities for market expansion. However, an imprecise regulatory scenario and reluctance among healthcare professionals to adopt AI-based technologies are expected to hamper the market growth.

The AI in healthcare market is segmented based on offering, algorithm, application, end user, and region. On the basis of offering, the market is divided into hardware, software, and services. By algorithm, it is classified into deep learning, querying method, natural language processing, and context aware processing. The application segment includes robot-assisted surgery, virtual nursing assistant, administrative workflow assistance, fraud detection, dosage error reduction, clinical trial participant identifier, preliminary diagnosis, and others. Depending on end user, the market is fragmented into healthcare providers, pharmaceutical & Biotechnology Companies, patients, and payer. Region wise, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

KEY BENEFITS FOR STAKEHOLDERS

This report entails a detailed quantitative analysis of the current market trends and future estimations from 2019 to 2027 to identify the prevailing opportunities.

Market estimations are based on comprehensive analysis of the key developments in the industry.

The global market is comprehensively analyzed with respect to offering, algorithm, application, end user, and region.

In-depth analysis based on region assists to understand the regional market to assist in strategic business planning.

The development strategies adopted by key manufacturers are enlisted to understand the competitive scenario of the market.

KEY MARKET SEGMENTS

– By Offering

o Hardware

o Software

o Services

– By Algorithm

o Deep Learning

o Querying Method

o Natural Language Processing

o Context Aware Processing

– By Application

o Robot-assisted Surgery

o Virtual Nursing Assistant

o Administrative Workflow Assistance

o Fraud Detection

o Dosage Error Reduction

o Clinical Trial Participant Identifier

o Preliminary Diagnosis

o Others

– By End User

o Healthcare Providers

o Pharmaceutical & Biotechnology Company

o Patients

o Payers

KEY MARKET PLAYERS

– Alphabet Inc. (Google Inc.)

– Enlitic Inc

– General Vision

– iCarbonX

– Intel Corporation

– IBM Corporation

– Microsoft Corporation

– Nvidia Corporation

– Next IT Corp

– Welltok Inc.

A systematic step framework for How to Tackle The Situation… “MITIGATE” | “SUSTAIN” | “GROW”: Business Strategy Recovery, Scenario and Planning

Key Segments Studied in the Global AI in Healthcare Market

Geographical Breakdown: Regional level analysis of the market, currently covering North America, Europe, China & Japan

In-Depth Qualitative Analyses Include Identification And Investigation Of The Following Aspects: Market Structure, Growth Drivers, Restraints and Challenges, Emerging Product Trends & Market Opportunities, Porter’s Fiver Forces. The report also inspects the financial standing of the leading companies, which includes gross profit, revenue generation, sales volume, sales revenue, manufacturing cost, individual growth rate, and other financial ratios. The report basically gives information about the Market trends, growth factors, limitations, opportunities, challenges, future forecasts, and details about all the key market players.

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Changing Forecasts in a Time of Crisis: explores key issues, including:

  • The heavy economic impacts of social distancing measures
  • Future changes in consumer behavior
  • The urgent need for high-frequency economic data
  • Mapping Out a Potential Recovery
  • Business Strategies During COVID-19
  • Near & Long Term Risk Outlook, Risk Assessment and Opportunities

Key questions answered: Study Explore COVID 19 Outbreak Impact Analysis

  • Market size and growth rate during forecast period.
  • Key factors driving the Market.
  • Key market trends cracking up the growth of the Market.
  • Challenges to market growth.
  • Key vendors of Market.
  • Detailed SWOT analysis.
  • Opportunities and threats faces by the existing vendors in Global Market.
  • Trending factors influencing the market in the geographical regions.
  • Strategic initiatives focusing the leading vendors.
  • PEST analysis of the market in the five major regions.
  • What should be entry strategies, countermeasures to economic impact, and marketing channels?
  • What are market dynamics?
  • What are challenges and opportunities?
  • What is economic impact on market?
  • What is market chain analysis by upstream raw materials and downstream industry?
  • What is industry considering capacity, production and production value? What will be the estimation of cost and profit? What will be market share, supply and consumption? What about import and export?
  • What is current market status? What’s market competition in this industry, both company, and country wise? What’s market analysis by taking applications and types in consideration?
  • What were capacity, production value, cost and profit?
  • Who are the global key players in this industry? What are their company profile, their product information, and contact information?
  • Which manufacturing technology is used, what are their company profile, their product information, and contact information?

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Key Points Covered in AI in Healthcare Market Report: COVID 19 Impact Analysis

CHAPTER 1:INTRODUCTION

1.1.Report description

1.2.Key benefits for stakeholders

1.3.Key market segments

1.4.Research methodology

1.4.1.Secondary research

1.4.2.Primary research

1.4.3.Analyst tools and models

CHAPTER 2:EXECUTIVE SUMMARY

2.1.CXO perspective

CHAPTER 3:MARKET OVERVIEW

3.1.Market definition and scope

3.2.Key findings

3.2.1.Top investment pockets

3.2.2.Top winning strategies

3.3.Subsidy programs and funding

3.4.Porter’s five forces analysis

3.5.Regulations and reimbursement scenario

3.6.Market dynamics

3.6.1.Drivers

3.6.1.1.Increase in processing power of AI systems leading to enhanced AI capabilities

3.6.1.2.Dearth of skilled healthcare professionals

3.6.1.3.Application of AI for novel surgeries and screening

3.6.2.Restraints

3.6.2.1.Limitations of AI decision-making

3.6.2.2.Limited acceptance from healthcare professionals owing to risk of injury and misinterpretation

3.6.3.Opportunities

3.6.3.1.Untapped market in developing regions

3.7.Impact of Covid-19 on the market

CHAPTER 4:ARTIFICIAL INTELLIGENCE IN HEALTHCARE MARKET, BY OFFERING

4.1.Overview

4.1.1.Market size and forecast

4.2.Hardware

4.2.1.Key market trends and opportunities

4.2.2.Market size and forecast

4.2.3.Market analysis, by country

4.3.Software

4.3.1.Key market trends and opportunities

4.3.2.Market size and forecast

4.3.3.Market analysis, by country

4.4.Services

4.4.1.Key market trends and opportunities

4.4.2.Market size and forecast

4.4.3.Market analysis, by country

CHAPTER 5:ARTIFICIAL INTELLIGENCE IN HEALTHCARE MARKET, BY ALGORITHM

5.1.Overview

5.1.1.Market size and forecast

5.2.Deep learning

5.2.1.Market size and forecast

5.2.2.Market analysis, by country

5.3.Querying method

5.3.1.Market size and forecast

5.3.2.Market analysis, by country

5.4.Natural language processing

5.4.1.Market size and forecast

5.4.2.Market analysis, by country

5.5.Context-aware processing

5.5.1.Market size and forecast

5.5.2.Market analysis, by country

CHAPTER 6:ARTIFICIAL INTELLIGENCE IN HEALTHCARE MARKET, BY APPLICATION

6.1. Overview

6.1.1. Market size and forecast

6.2.Robot-assisted surgery

6.2.1.Market size and forecast

6.2.2.Market analysis, by country

6.3.Virtual nursing assistant

6.3.1.Market size and forecast

6.3.2.Market analysis, by country

6.4.Administrative workflow assistance

6.4.1.Market size and forecast

6.4.2.Market analysis, by country

6.5.Fraud detection

6.5.1.Market size and forecast

6.5.2.Market analysis, by country

6.6.Dosage error reduction

6.6.1.Market size and forecast

6.6.2.Market analysis, by country

6.7.Clinical trial participant identifier

6.7.1.Market size and forecast

6.7.2.Market analysis, by country

6.8.Preliminary diagnosis

6.8.1.Market size and forecast

6.8.2.Market analysis, by country

6.9.Others

6.9.1.Market size and forecast

6.9.2.Market analysis, by country

CHAPTER 7:ARTIFICIAL INTELLIGENCE IN HEALTHCARE MARKET, BY END USER

7.1.Overview

7.1.1.Market size and forecast

7.2.Healthcare providers

7.2.1.Market size and forecast

7.2.2.Market analysis, by country

7.3.Pharmaceuticals & biotechnology companies

7.3.1.Market size and forecast

7.3.2.Market analysis, by country

7.4.Patients

7.4.1.Market size and forecast

7.4.2.Market analysis, by country

7.5.Payer

7.5.1.Market size and forecast

7.5.2.Market analysis, by country

CHAPTER 8:ARTIFICIAL INTELLIGENCE IN HEALTHCARE MARKET, BY REGION

8.1.Overview

8.1.1.Market size and forecast

CHAPTER 9:COMPANY PROFILES

9.1.Alphabet Inc. (Google Inc.)

9.1.1.Company overview

9.1.1.Company snapshot

9.1.2.Operating business segments

9.1.3.Product portfolio

9.1.4.Business performance

9.2.Enlitic Inc.

9.2.1.Company overview

9.2.2.Company snapshot

9.2.3.Product portfolio

9.2.4.Key strategic moves and developments

9.3.General Vision

9.3.1.Company overview

9.3.2.Company snapshot

9.3.3.Operating business segments

9.3.4.Product portfolio

9.3.5.Key strategic moves and developments

9.4.iCarbonX

9.4.1.Company overview

9.4.2.Company snapshot

9.4.3.Product portfolio

9.4.4.Key strategic moves and developments

9.5.Intel Corporation

9.5.1.Company overview

9.5.2.Company snapshot

9.5.3.Operating business segments

9.5.4.Product portfolio

9.5.5.Business performance

9.5.6.Key strategic moves and developments

9.6.IBM Corporation

9.6.1.Company overview

9.6.2.Company snapshot

9.6.3.Operating business segments

9.6.4.Product portfolio

9.6.5.Business performance

9.6.6.Key strategic moves and developments

9.7.Microsoft Corporation

9.7.1.Company overview

9.7.2.Company snapshot

9.7.3.Operating business segments

9.7.4.Product portfolio

9.7.5.Business performance

9.7.6.Key strategic moves and developments

9.8.Nvidia Corporation

9.8.1.Company overview

9.8.2.Company snapshot

9.8.3.Operating business segments

9.8.4.Product portfolio

9.8.5.Business performance

9.8.6.Key strategic moves and developments

9.9.Next IT Corp.

9.9.1.Company overview

9.9.2.Company snapshot

9.9.3.Operating business segments

9.9.4.Product portfolio

9.10.Welltok Inc.

9.10.1.Company overview

9.10.2.Company snapshot

9.10.3.Operating business segments

9.10.4.Product portfolio

9.10.5.Key strategic moves and developments

Continued….

……..and view more in complete table of Contents

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