AI in Healthcare Market Industry Analysis, Size, Share, Growth, Trends, and Forecast

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Artificial Intelligence (AI) in Healthcare Market

• Univdatos Market insights

2
Artificial Intelligence (AI) in Healthcare Market
to Reach US 26.5 Billion by 2025

• Emphasis on Technology (Machine Learning, Deep
  Learning, Artificial Neural Network),
  Applications (Robotic Surgery, Diagnosis, Virtual
  Nursing Assistance, Administrative Workflow
  Assistance) Offerings (Hardware, Software and
  Services) and Region

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• Artificial Intelligence (AI) is expected to
  contribute up to US 15.7 trillion to global GDP
  by 2030. AI applications, powered by an influx of
  big data and advancements in computing power, are
  positioned to transform major sectors, including
  healthcare. Global expenditures on healthcare
  increased to 9.9 of the total GDP in 2017, up
  from 8.6 in 2000. The United States witnessed
  the highest expenditure on healthcare, 17 of
  total GDP, in 2017. The world's population, aged
  60 years and above, is likely to grow by 56 from
  2015 to 2030. The healthcare industry is expected
  to benefit from US 45 billion in annual cost
  savings by 2025.

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COVID-19 Impact

• To tackle and look forward to emerging diseases,
  healthcare delivery includes the assistance of
  new technology such as Artificial Intelligence
  (AI), Internet of Things ( IoT), Big Data, and
  machine learning. Some of the major applications
  of AI during the COVID-19 pandemic include early
  detection and diagnosis of the infection,
  treatment monitoring, contact tracing, projection
  of cases and mortality, development of drugs and
  vaccines, reducing the workload of healthcare
  workers, among others. For instance In China,
  Alibaba has developed an AI algorithm that can
  diagnose suspected COVID-19 cases within 20
  seconds (almost 45 times faster than the
  conventional approach) with 96 accuracy.

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• Medtronic Plc, Abbott Laboratories, Johnson and
  Johnson, Bcton Dickinson, Boston Scientific
  Corporation, Koninklijke Philips N.V, Roche
  Holding AG, Siemens Healthineers AG, Stryker
  Corporation and Oracle Corporation are the major
  players operating in the AI in healthcare market.
  These company are partnering up with technology
  leaders and are investing heavily to come up with
  new and innovative AI backed healthcare equipment
  to treat patients.

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Reasons to buy

• The Artificial intelligence in healthcare market
  study presents the current market size, trend,
  forecast until 2024. The analysis presented in
  the report is a combination of deep dive
  secondary research and input from Key Opinion
  Leaders of the industry
• The report presents a quick review of overall
  industry performance at one glance
• The report covers in-depth analysis of prominent
  industry peer with a primary focus on key
  business financials, product portfolio, expansion
  strategies, and recent developments
• Detailed examination on drivers, restraints, key
  trends and opportunities prevailing in the
  industry
• Examination of industry attractiveness with the
  help of Porters Five Forces analysis
• The study comprehensively covers the market
  across different segments and sub segments
• Deep dive regional level analysis of the industry

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Univdatos market insights

• The Artificial intelligence in healthcare market
  can be customized to the country level or any
  other market segment. Besides this, UMI
  understands that you may have your own business
  need, hence we also provide fully customized
  solutions to clients.

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