Healthcare Artificial Intelligence Market Expected to Reach $19.25 billion by 2026 – Zebra Medical Vision ,Sophia Genetics, Enlitic, Butterfly Network, Cyrcadia Health, IBM, iCarbonX, Insilico Medicine, Lifegraph
Healthcare Artificial Intelligence (AI) Market is accounted for $0.95 billion in 2017 and is expected to reach $19.25 billion by 2026 growing at a CAGR of 39.7% during the forecast period. Rising applications of artificial intelligence and advancements in data analytics are some of the factors fueling the market growth. However, high capital requirement is hindering the market growth.
On the basis of End User, Hospital & Diagnostic Centers has witnessing the significant growth during the forecast period due to rising implementation of artificial intelligence technology for collection of data of patient to support decision making in hospital workflow has considerably enhanced outcomes, reduced wait times and costs are some of the factors fueling the market growth.
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Based on geography, Asia Pacific holds the largest market share during the forecast period due to increasing R&D expenditure, developments in pharmaceutical and biotechnology sectors, existence of huge patient pool will generate demand for improved healthcare services and growing disposable income are some of the factors driving the market growth in this region.
Some of the key players profiled in the Healthcare Artificial Intelligence (AI) Market include Zebra Medical Vision Ltd, Sophia Genetics, Enlitic, Inc., Butterfly Network, Inc, Cyrcadia Health Inc., IBM (Watson Health), iCarbonX, Insilico Medicine, Inc., Lifegraph, Welltok, AiCure, APIXIO, Inc. and Atomwise, Inc.
Table of Content:
1.1 Scope of Study
2 Key Takeaways
3 Healthcare Artificial Intelligence Market Landscape
3.1 Market Overview
3.2 Market Segmentation
3.3 PEST Analysis
4 Healthcare Artificial Intelligence Market – Key Industry Dynamics
4.1 Key Market Drivers
4.2 Key Market Restraints
4.3 Key Market Opportunities
4.4 Future Trends
4.5 Impact Analysis
5 Healthcare Artificial Intelligence Market Analysis- Global
5.1 Global Healthcare Artificial Intelligence Market Overview
5.2 Global Healthcare Artificial Intelligence Market Forecasts and Analysis
5.3 Market Positioning/Market Share
5.4 Performance of Key Players
5.5 Expert Opinions Healthcare Artificial Intelligence Market
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Name: Sameer Joshi
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Organization: Premium Market Insights
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