Artificial Intelligence in Healthcare Market share to see 40% CAGR from 2017 to 2024

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Artificial Intelligence in Healthcare Market to
grow at 40 CAGR from 2017 to 2024 Fractovia.org
Fuel Cell Market size worth 25.5bn by 2024
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Key Insights of Artificial Intelligence in
Healthcare Market

• Global Market Insights, Inc. says, artificial
  intelligence in healthcare market is expected to
  grow at an explosive CAGR of 40 over the period
  of 2017-2024.
• With the evolving digital capacity, artificial
  intelligence in healthcare market is turning out
  to be a major game-changer for the overall
  healthcare fraternity.
• Growing usage of big data coupled with rising
  adoption of precision medicine is further
  expected to drive artificial intelligence in
  healthcare industry.
• AI is widely adopted in the field of medical
  imaging, genomics, drug discovery to provide
  relevant insights pertaining to patient data
  monitoring, research, and risk analysis. The vast
  healthcare data have resulted into growing demand
  and need for AI technology.
• Artificial intelligence in healthcare market
  finds its potential application in drug
  discovery, as AI plays a vital role in drug
  identification, discovery, screening, and design.
• The drug discovery application held 35 of the
  overall market share and is expected to attain
  gains at 40 over 2017-2024, collecting revenue
  worth USD 4 billion by 2024.

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Continued

• Artificial intelligence in healthcare market from
  the medical imaging and diagnosis application is
  projected to exceed a revenue generation of USD
  2.5 billion by 2024.
• US region to grow at 35 driven by Federal
  authorities are encouraging the use of data
  analytics to transform US healthcare systems,
  which in turn is driving the regional artificial
  intelligence in healthcare industry.
• Europe region to grow at 39 driven by Favourable
  business environment and intensive research
  activities carried out by the industry players to
  develop cost effective solutions is fuelling the
  regional artificial intelligence in healthcare
  market growth.
• China region is driven by growing prevalence of
  chronic diseases and rising geriatric population
  have encouraged regional authorities to harness
  the AI technology and improve healthcare
  delivery.
• In addition, the established players such as IBM,
  Microsoft, Cyrcadia Health, and Google are
  investing heavily to unleash the potential of
  artificial intelligence in healthcare industry.
  As per the estimates, the market is slated to
  exceed a valuation of USD 10 billion by 2024.

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U.S. Healthcare Artificial Intelligence Market
Size, By Application, 2013-2024 (USD Million)

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Table of Contents
Chapter 1. Methodology 1.1. Methodology 1.1.1.
Initial data exploration 1.1.2. Statistical
model and forecast 1.1.3. Industry insights and
validation 1.1.4. Market definitions and
forecast parameters 1.2. Data Sources 1.2.1.
Primary 1.2.2. Secondary Chapter 2. Executive
Summary 2.1. Healthcare artificial
intelligence industry 3600 synopsis, 2013 -
2024 2.1.1. Business trends 2.1.2. Application
trends 2.1.3. Regional trends
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Continued
Chapter 3. Healthcare Artificial Intelligence
Industry Insights 3.1. Industry
segmentation 3.2. Industry size and forecast,
2013 - 2024 3.3. Industry impact
forces 3.3.1. Growth drivers 3.3.1.1.
Advancements in big data analytics 3.3.1.2.
Adoption of artificial intelligence in research
areas 3.3.1.3. Reduced workload and
increased quality of care delivery 3.3.1.4.
Increasing range of future applications 3.3.2.
Industry pitfalls challenges 3.3.2.1. High
initial capital requirement 3.3.2.2. Large
scale human unemployment 3.3.2.3. Difficulty
in deployment 3.4. Start-up Scenario
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Continued
3.5. Healthcare artificial intelligence
projects 3.6. Medical and technological
advancements 3.6.1. U.S. 3.6.2. Europe 3.6.3.
APAC 3.7. Regulatory landscape 3.7.1.
U.S. 3.7.2. Europe 3.8. Growth potential
analysis 3.8.1. By Application 3.9.
Competitive landscape, 2016 3.9.1. Business
overview 3.9.2. Revenue analysis 3.9.3. Product
landscape 3.9.4. Strategy dashboard 3.9.5.
Patent analysis 3.10. Porters analysis 3.11.
PESTEL analysis
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