Skip to main content

Increasing Applications propels the Global Artificial Intelligence in Healthcare Market Growth


According to a new market research report published by Inkwood Research, the Global Artificial Intelligence in Healthcare Market is projected to record a CAGR of 38.05% in terms of revenue, during the forecasting years of 2020-2028.

‘’Browse 62 Market Data Tables and 59 Figures spread over 188 Pages, along with an in-depth TOC on the Global Artificial Intelligence in Healthcare Market Forecast 2020-2028.’’



REQUEST FREE SAMPLE LINK- https://www.inkwoodresearch.com/reports/artificial-intelligence-in-healthcare-market/#request-free-sample

Artificial intelligence is the science of creating intelligent computer systems that exhibit intelligence as that of humans, and are capable of performing tasks without the need for human intervention. When it comes to healthcare, AI uses algorithms and software for approximating human perception for further analyzing complex medical data. AI was first used in the 1960s in the first expert system, DENDEAL, which was utilized in organic chemistry. The 1980s and 1990s witnessed advancements in the microprocessor, microcomputer, and network connections. This aided the researchers in designing new AU systems for healthcare that further helped in regulating the dearth of perfect data. Thereafter, the AI systems that followed, found applications in diagnosis processes, personalized medicine, diagnosis processes, drug development, treatment protocol development, etc. 

Surging Usage of Big Data in the Healthcare Sector Drives Market Growth

The global artificial intelligence in healthcare market growth is fueled by the rising utilization of big data. Big data technologies find large-scale applications in healthcare and biomedical information, due to the voluminous clinical and biological data gathered from sources like medical research centers and laboratories. The healthcare data of patients are analyzed using AI for discovering innovative methods so as to improve the quality of healthcare. Big data enhances medicine and makes it affordable through the analysis of value-based medicine. In an attempt to experiment with big data, the academics and healthcare research institutions are using advanced research projects for curing diseases, predicting epidemics, and improving the quality of life. Big data also aids in minimizing the treatment costs by optimizing individualized therapy plans and cutting short the hospital stay.
To know more about this report, request a free sample copy.

Deep Learning Category to Record Highest Growth in the Technology Segment

Deep learning majorly entails dealing with algorithms that are based on the structure and function of the brain, which is named artificial neural networks. It finds vast utilization in recommender systems, sound recognition, and speech recognition. Deep learning technology aids the medical scientists and researchers in analyzing the huge amount of medical data, so as to, provide effective medicines and better treatment. The important factor propelling the demand for deep learning in healthcare applications is the growing usage of big data in the healthcare industry.

North America dominates with the Largest Revenue Share

The North American region is projected to dominate the market, garnering considerable share, throughout the forecast period. The consistent trend is accredited to the huge adoption rate of AI, the advancements in the research & development activities, and the investments by both, the government and private organizations. The region also encompasses the rich presence of multinational organizations. Moreover, there is a prominent use of big data analytics in the healthcare sector in the region, which further propels the overall market growth.
Some of the eminent companies in the market are Recursion, Microsoft Corporation, Enlitic Inc, Next IT Corporation, Welltok, GE Healthcare, etc. The companies are prioritizing mergers, collaborative research and development activities, and new product developments, for strengthening their foothold in the market. Thus, the competitive rivalry is predicted to be high during the forecast period.
About Inkwood Research
Inkwood Research specializes in syndicated & customized research reports and consulting services. Market intelligence studies with relevant fact-based research are customized across industry verticals such as technology, automotive, chemicals, materials, healthcare, and energy, with an objective comprehension that acknowledges the business environments. Our geographical analysis comprises of North & South America, CEE, CIS, Middle East, Europe, Asia, and Africa.
Contact Us
https://www.inkwoodresearch.com
sales@inkwoodresearch.com
+1 857-302-4704
Related Report:
GLOBAL BIG DATA ANALYTICS IN HEALTHCARE MARKET
GLOBAL ARTIFICIAL INTELLIGENCE AS A SERVICE MARKET
GLOBAL ARTIFICIAL INTELLIGENCE MARKET
GLOBAL ARTIFICIAL INTELLIGENCE (AI) IN MANUFACTURING MARKET
GLOBAL ARTIFICIAL INTELLIGENCE (AI) IN TELECOMMUNICATION MARKET

Labels:

Comments

Post a Comment

Popular posts from this blog

Surging Chronic Conditions to Supplement Global Magnetic Resonance Imaging (MRI) Systems Market Growth

Inkwood Research anticipates that the Global Magnetic Resonance Imaging (MRI) Systems Market is evaluated to record a CAGR of 5.50% in terms of revenue during the forecasted years of 2021-2028. “Browse 53 Market Data Tables and 48 Figures spread over 229 Pages, along with an in-depth TOC on the Global Magnetic Resonance Imaging (MRI) Systems Market Forecast 2021-2028.”   BUY NOW - https://www.inkwoodresearch.com/reports/mri-systems-market/   Magnetic resonance imaging (MRI) is characterized as a non-invasive imaging technology aiming to produce detailed 3-D (three-dimensional) anatomical images. It is typically used for the detection and diagnosis of diseases, in addition to monitoring further treatment. MRI systems are based on a sophisticated technology that detects changes in the rotational axis direction of protons found in water that constitutes living tissues. Increasing Prevalence of Chronic Conditions to Augment Market Growth The four most critical types...
Post a Comment
Read more

Global Pharmacy Automation Equipment Market to Register Notable Growth Given the Decentralization of Pharmacies

Inkwood Research anticipates that the Global Pharmacy Automation Equipment Market is evaluated to project a CAGR of 7.93% in terms of revenue during the forecasting years of 2021-2028. “Browse 39 Market Data Tables and 39 Figures spread over 200 Pages, along with an in-depth TOC on the Global Pharmacy Automation Equipment Market Forecast 2021-2028.”   To know more about this report, request a free sample copy. Pharmacy automation is characterized as decentralized or centralized automated dispensing, labeling, packing, and other systems, that help minimize dispensing errors. Moreover, it also plays a vital role in terms of improving the workflow efficiency of hospital nursing staff as well as pharmacies. Decentralization of Pharmacies to Augment Market Growth Decentralized pharmacy services are considered in order to refer to a practice model where a pharmacist located on the ward is primarily responsible for distribution and clinical services, including possibly order e...
Post a Comment
Read more

Development of Target Based Drug Drives the Global Protein Sequencing Market at 6.47%

According to a new market research report published by Inkwood Research, Global Protein Sequencing Market is estimated to project a CAGR of 6.47% during the forecasting years of 2020-2028. "Browse 39 Market Data Tables and 44 Figures spread over 147 Pages, along with an in-depth TOC on the Global Protein Sequencing Market Forecast 2020-2028.” REQUEST FREE SAMPLE LINK - https://www.inkwoodresearch.com/reports/protein-sequencing-market/#request-free-sample Protein sequencing provides information regarding the amino acids that constitute a protein. While the sequencing process is performed, amino acids are consecutively removed from the n-terminal end of the protein strand and identified in the order they occur in the protein. Growing Focus on Target-Based Drug Development Since the last few years, a growing number of findings based on proteomics have boosted innovative drug development. Moreover, many drugs have been developed with an emphasis on single protein target...
Post a Comment
Read more