Uploaded on Jul 26, 2021
Artificial intelligence (AI) uses algorithms and software to perform certain tasks without human intervention and instructions. AI represents the integration of technologies such as machine learning, natural language processing, reasoning, and perception. It is used in healthcare for approximation of human cognition as well as the analysis of complex medical and diagnostic imaging data. The artificial intelligence in healthcare diagnosis market is driven by the ability of AI to provide improved outcomes; moreover, the growing need to increase coordination between healthcare workforce and patients also supports the market growth. The rise in the importance of Big Data in healthcare, increase in the adoption of precision medicine, and surge in venture capital investments also contribute to the market growth.
Artificial Intelligence in Healthcare Diagnosis PPT
Artificial Intelligence in Healthcare Diagnosis
Artificial Intelligence in Healthcare
Diagnosis Market Forecast to 2027 -
COVID-19 Impact and Global Analysis
By Diagnostic Tool (Medical Imaging
Tool, Automated Detection System,
and Others); Application (Eye Care,
Oncology, Radiology, Cardiovascular,
and Others); End User (Hospital and
Clinic, Diagnostic Laboratory, and
Home Care); Service (Tele-
Consultation, Tele Monitoring, and
Others); and Geography
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Current and future Market Scenario
According to the latest study on “Artificial Intelligence in Healthcare Diagnosis Market Forecast to 2027 -
COVID-19 Impact and Global Analysis Diagnostic Tool, Application, Service, and End User,” the market
was valued at US$ 3,639.02 million in 2019 and is projected to reach US$ 66,811.97 million by 2027; it is
expected to grow at a CAGR of 44.0% during 2020–2027.
The report highlights the trends prevailing in the global artificial intelligence in healthcare diagnosis
market, and drivers and deterrents pertaining to the market growth.
Based on diagnostic tool, the artificial intelligence in healthcare diagnosis market is segmented into medical
imaging tool, automated detection system, and others. In 2019, the medical imaging tool segment
accounted for the largest share of the market. The growth of the segmental market is attributed to the
rising number of FDA approvals for the AI-based medical imaging tools.
Factors such as the rising adoption of artificial intelligence in disease identification and diagnosis
and increasing investments in AI healthcare startups are driving the growth of the AI in healthcare diagnosis
market. However, the lack of skilled workforce and ambiguity of regulatory guidelines for medical
software impede the market growth. Further, the increasing potential in emerging economies offers
significant opportunities for the future growth of the global artificial intelligence in healthcare diagnosis
market players.
Key Findings
Market Insights
Increasing Investment in AI Healthcare Startups Drives Market Growth
Artificial Intelligence in healthcare is one of the most significant technological advances in medicine thus far.
Startups developing AI-driven imaging & diagnostic solutions are the major factors responsible for the growth
of the market in the study period. China, the US, and the UK are emerging as a popular hub for healthcare
innovations. China-based healthcare AI startups have benefited from the government’s AI-focused
development strategy, inspiring investment, and private-public partnerships. Additionally, the British
government has announced a National Artificial Intelligence Lab that will collaborate with Britain’s
universities and technology companies to research on cancer, dementia, and heart disease. UK-based
startups have benefited from the government’s robust library of patient data, as British citizen’s share their
anonymous healthcare data with the British National Health Service.
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Market Segments
By Diagnostic Tool
Medical Imaging Tool
Automated Detection System By Application By End User
Others Eye Care Hospitals and Clinics
Oncology Diagnostic Laboratory
Radiology Home Care
Cardiovascular Doctors
Others Patients
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Dominating Segments
End User Insights
Based on end user, the global artificial intelligence in healthcare diagnosis market is segmented into hospital
and clinic, diagnostic laboratory, and home care. The hospital and clinic segment held the largest share of
the market in 2019, and the segment is expected to register the highest CAGR in the market during the
forecast period. The adoption of AI has increases in hospitals with the rise in the prevalence of chronic
diseases such as cancer and rare diseases as the technology assist in providing better treatments, especially
to newborns with complex disorders. In 2018, ~9.6 million people died due to cancer worldwide. With the
analysis of over 1.7 million new cancer cases and more than 606,000 expected cancer deaths in 2019,
advancements in cancer diagnostic methods and medication options are need of the time. Advanced AI are
capable of drastically altering cancer diagnosis landscape and treated through machine learning to
distinguish imagery of tissue containing cancerous cells from pictures of healthy tissue such advantages
offered by AI will further increase the adoption in the hospitals and clinics.
Dominating Segments
Product Insights
Strategic Insights
Collaborations and technology partnerships by the players in the artificial intelligence in healthcare diagnosis
market to bridge the demand-supply gap are anticipated to play a significant role in the growth of the market
during the forecast period.
Download PDF Brochure https://www.theinsightpartners.com/sample/TIPRE00011852/
Dominating Segments
The report segments the global artificial intelligence in healthcare diagnosis market as follows:
By Diagnostic Tool
Medical Imaging Tool
Automated Detection System
Others
By Application
Eye Care
Oncology
Radiology
Cardiovascular
Others
Dominating Segments
By Service
Tele-Consultation
Tele Monitoring
Others
By End User
Hospitals and Clinics
Diagnostic Laboratory
Home Care
Doctors
Patients
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Leading Players
Company Profiles
General Electric Company
Aidoc
Arterys Inc.
Icometrix
IDx Technologies Inc
MaxQ AI Ltd.
Caption Health, Inc.
Zebra Medical Vision Inc.
Siemens Healthineers AG
Koninklijke Philips N.V
REGIONAL FRAMEWORK
REGIONAL FRAMEWORK
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Hemophilia Treatment Market
Access Full Research Report at:
https://www.theinsightpartners.com/reports/artificial-intelligence-in-healthcare-diagnos
is-market/
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