Press release
Healthcare AI Market Growth 2022 at 42% CAGR by Size, Share, Emerging Technologies, Trends, SWOT Analysis, Segments, Landscape and Demand by Forecast to 2029
The Global Healthcare AI Market is forecast to reach USD 169.7 billion by 2029 by rising at a compound annual growth rate (CAGR) of 42% throughout the forecast period from 2022 To 2029Healthcare AI Market Overview
Some of the key factors propelling the market's expansion are the expanding datasets of digital patient health information, rising desire for individualised treatment, and rising demand for lowering healthcare costs. The rise in demand for early disease diagnosis and better understanding is a result of a number of factors, including an ageing population worldwide, changing lifestyles, and an increase in the prevalence of chronic diseases. In order to effectively anticipate diseases in their early stages based on previous health records, artificial intelligence (AI) and machine learning (ML) algorithms are being increasingly used and integrated into healthcare systems.
The global Healthcare AI market report widely offers the latest information about technological developments and market growth forecasts based on the regional landscape.
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Industry Development
In August 2021, Philips launched two new HealthSuite solutions. HealthSuite solutions allow health systems to integrate informatics applications that can be combined and scaled up or down according to emerging needs. Philips HealthSuite solutions help health systems deliver on the quadruple aim through a connected, protected, future-ready, and cost-predictive single cloud infrastructure and Software-as-a-Service (SaaS) model.
Research Methodology:
To calculate the market size, the report considers the revenue generated from the sales of Healthcare AI market manufacturers. The revenue created from the sales of Healthcare AI Market has been calculated through primary and secondary research.
The market size assessment also considered leading players revenues as part of triangulation the key players considered are Welltok, Inc., Intel Corporation, Nvidia Corporation, Google Inc., IBM Corporation, Microsoft Corporation, General Vision, Inc., Enlitic, Inc., Next IT Corporation, and iCarbonX and Others.
The Healthcare AI Market has been segmented as below:
Healthcare Ai Market by Component, 2020-2029, (USD Million)
Software Solutions
Hardware
Services
Healthcare Ai Market by Application, 2020-2029, (USD Million)
Medical Imaging & Diagnosis
Drug Discovery
Therapy Planning
Hospital Workflow
Wearables
Virtual Assistants
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Healthcare AI Market: Regional Analysis
Geographically, this report is segmented into several key countries, with market size, growth rate, import and export of Healthcare AI market in these countries, which covering North America, U.S., Canada, Europe, UK, Germany, France, Spain, Italy, ROE, Asia Pacific, China, India, Japan, Australia, South Korea, RoAPAC, Latin America, Brazil, Mexico and Rest of the World.
Geographically, the market is dominated by APAC, North America and Europe.
Major Key areas that have been focused on in the report:
Raw material supply analysis
Major trends noticed in the Global Healthcare AI Market
Market Geographic limitations, and pricing issues
Distribution, scheduling, performance, and supplier requirements
Growth opportunities that may emerge in the industry in the upcoming years
In-depth value chain analysis
Sustainability trends and environmental concerns
Market Gap and Opportunities
Global Market Growth Drivers, Opportunities, and Constraints.
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