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Artificial Intelligence In Healthcare Market To Exhibit Rapid Growth With A CAGR Of 41.5% By 2025 | Grand View Research, Inc.

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Artificial Intelligence In Healthcare Market To Exhibit Rapid Growth With A CAGR Of 41.5% By 2025 | Grand View Research, Inc.

April 22
13:52 2021
Artificial Intelligence In Healthcare Market To Exhibit Rapid Growth With A CAGR Of 41.5% By 2025 | Grand View Research, Inc.

Grand View Research, Inc. – Market Research And Consulting
According to a recent report published by Grand View Research Inc., the Covid-19 pandemic induced novel ways to assess vaccine safety and tracking communities vulnerability with the help of artificial intelligence

The global artificial intelligence in healthcare market size is expected to reach at USD 31.3 billion by 2025 to expand at CAGR of 41.5%. The growing demand to mitigate healthcare costs and rise in importance of big data in healthcare is likely to impel the market growth during the forecast period. The increase in potential of AI-based tools in medical care growing investments for healthcare triggers the market development. Moreover, the rise in collaborations for technology is expected to play a significant role in AI deployment across the healthcare sector.

AI and machine learning techniques have been tried and tested to assess the efficacy of vaccines and patterns during the pandemic. For instance, in 2020, UK adopted AI technology on a wider scale to understand vaccine side effects. In addition, AI techniques have proven useful to understand chest X-rays from COVID-19 patients. The move has also been supporting clinical decisions according to healthcare experts. 

Artificial Intelligence In Healthcare Market Report Highlights

 In 2018, software solutions held the largest revenue share owing to the development of AI-based software solutions for the healthcare sector

 Clinical trials held the largest revenue share in 2018, and this can be attributed to the growing focus of pharmaceutical companies on incorporating AI in automation of clinical trial processes.

 North America held the largest revenue share, owing to high adoption of healthcare IT solutions in the region and availability of well-established healthcare infrastructure

 Asia Pacific is expected to exhibit the fastest CAGR during the forecast period, owing to growth in AI-based start-ups, improving healthcare IT infrastructure, and increasing adoption of advanced technologies.

For Requesting a Sample Copy of This Report, Please Visit @ https://www.grandviewresearch.com/industry-analysis/artificial-intelligence-ai-healthcare-market/request/rs1

Artificial Intelligence In Healthcare Market Segmentation

Grand View Research has segmented the artificial intelligence in healthcare market on the basis of component, application, and region:

Artificial Intelligence in Healthcare Component Outlook (Revenue, USD Million, 2014 – 2025)

     Software Solutions
     Hardware
     Services

Artificial Intelligence in Healthcare Application Outlook (Revenue, USD Million, 2014 – 2025)

     Robot Assisted Surgery
     Virtual Assistants
     Administrative Workflow Assistants
     Connected Machines
     Diagnosis
     Clinical Trials
     Fraud Detection
     Cybersecurity
     Dosage Error Reduction

Artificial Intelligence in Healthcare Regional Outlook (Revenue, USD Million, 2014 – 2025)

     North America
        • The U.S.
        • Canada
    • Europe
        • Germany
        • The U.K.
        • Spain
        • Italy
        • France
        • Russia
    • Asia Pacific
        • China
        • India
        • Japan
        • Singapore
        • Australia
        • South Korea
    • Latin America
        • Brazil
        • Mexico
        • Argentina
    • Middle East & Africa
        • Saudi Arabia
        • South Africa
        • UAE

Speak to Analyst @ https://www.grandviewresearch.com/inquiry/5619/ibb

Browse More Related Report:

Artificial Intelligence In Drug Discovery Market Size, Share & Trends Analysis Report By Therapeutic Area (Oncology, Cardiovascular Disease, Metabolic Diseases), By Application, By Region, And Segment Forecasts, 2020 – 2027

Artificial Intelligence In Diagnostics Market Size, Share And Trends Analysis Report By Component (Software, Hardware, Services), By Diagnosis Type, By Region, And Segment Forecasts, 2020 – 2027

About Grand View Research

Grand View Research is an India & U.S. based market research and consulting company headquartered in San Francisco, which offers syndicated research reports, customized research reports, and consulting services. The company’s rich database includes in-depth analysis across a range of industries including chemicals, materials, energy, healthcare, and technology, among others.

Media Contact
Company Name: Grand View Research, Inc.
Contact Person: Sherry James, Corporate Sales Specialist – U.S.A.
Email: Send Email
Phone: 1888202951
Address:Grand View Research, Inc. 201 Spear Street 1100 San Francisco, CA 94105, United States
City: San Francisco
State: California
Country: United States
Website: https://www.grandviewresearch.com/industry-analysis/artificial-intelligence-ai-healthcare-market


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