Global AI in Healthcare Market Projected to Reach $47.27 Billion by 2028, Driven by Increasing Population and Complexities in Healthcare Data


Dublin, July 20, 2023 (GLOBE NEWSWIRE) -- The "Global AI in Healthcare Market (2023-2028) by Sections, Diagnosis, End user and Geography. Competitive Analysis, Impact of Covid-19 with Ansoff Analysis" report has been added to ResearchAndMarkets.com's offering.

The Global AI in Healthcare Market is estimated to be USD 13.36 Bn in 2023 and is expected to reach USD 47.27 Bn by 2028, growing at a CAGR of 28.75%.

Competitive Quadrant

The report includes a Competitive Quadrant, a proprietary tool to analyze and evaluate the position of companies based on their Industry Position score and Market Performance score. The tool uses various factors for categorizing the players into four categories. Some of these factors considered for analysis are financial performance over the last 3 years, growth strategies, innovation score, new product launches, investments, growth in market share, etc.

Ansoff Analysis

The report presents a detailed Ansoff matrix analysis for the Global AI in Healthcare Market. Ansoff Matrix, also known as Product/Market Expansion Grid, is a strategic tool used to design strategies for growth of the company. The matrix can be used to evaluate approaches in four strategies viz. Market Development, Market Penetration, Product Development and Diversification. The matrix is also used for risk analysis to understand the risk involved with each approach.

The analyst analyses the Global AI in Healthcare Market using the Ansoff Matrix to provide the best approaches a company can take to improve its market position.

Based on the SWOT analysis conducted on the industry and industry players, the analyst has devised suitable strategies for market growth.

Why buy this report?

  • The report offers a comprehensive evaluation of the Global AI in Healthcare Market. The report includes in-depth qualitative analysis, verifiable data from authentic sources, and projections about market size. The projections are calculated using proven research methodologies.
  • The report has been compiled through extensive primary and secondary research. The primary research is done through interviews, surveys, and observation of renowned personnel in the industry.
  • The report includes an in-depth Market analysis using Porter's 5 forces model, PESTLE Analysis, and the Ansoff Matrix. In addition, the impact of COVID-19 and the impact of economic slowdown & impending recession on the Market are also featured in the Report
  • The report also includes the regulatory scenario in the industry, which will help you make a well-informed decision. The report discusses major regulatory bodies and major rules and regulations imposed on this sector across various geographies.
  • The report also contains a competitive analysis using Positioning Quadrants, the analyst's competitive positioning tool.

Key Attributes:

Report AttributeDetails
No. of Pages175
Forecast Period2023 - 2028
Estimated Market Value (USD) in 2023$13.36 Billion
Forecasted Market Value (USD) by 2028$47.27 Billion
Compound Annual Growth Rate28.7%
Regions CoveredGlobal

Market Dynamics



Drivers

  • Increasing Number of Population and Chronic Diseases
  • Rising Complexities of Datasets in Healthcare Industry
  • Rising Imbalance Between Health Workforce and Patients

Restraints

  • High Cost of Systems
  • Chances of Risk of Injury and Misinterpretation due to Technical Failure

Opportunities

  • Growing Emergence of Advanced Hardware Systems
  • Rising R&D Expenses in IT Industry

Challenges

  • Limited Acceptance of AI From Healthcare Professionals
  • Increasing Concerns Regarding Data Security



Companies Mentioned

  • NVIDIA Corp.
  • Intel Corp.
  • IBM Corp.
  • Alphabet LLC
  • Microsoft Corp.
  • GE Healthcare
  • Siemens Healthineers Ag
  • Medtronic PLC
  • Micron Technologies
  • Amazon Web Services, Inc
  • Johnson&Johnson
  • Koninklijke Philips N.V.
  • General Vision Services
  • Cloudmex Inc.
  • Oncora Medical, Inc
  • Anju Life Sciences Software
  • CareSkore, Inc
  • Linguamatics
  • Enlitic, Inc.
  • Lunit Inc.
  • CureMetrix Inc.
  • Qure.ai Technologies Pvt. Ltd.
  • Context Vision Operations
  • Caption Health
  • Butterfly Network Inc.
  • Imagia Cybernetics Inc.
  • Precision Health Intelligence, LLC.
  • Cota Healthcare
  • FDNA, Inc.
  • Recursion Pharmaceuticals, Inc.

Market Segmentation

The Global AI in Healthcare Market is segmented based on Sections, Diagnosis, End user and Geography.

  • By Section, the market is classified into Services, Software and Hardware
  • By Diagnosis, the market is classified into Radiology, Oncology, Neurology,
  • By End User, the market is classified into Hospitals & Healthcare Providers.
  • By Geography, the market is classified into Americas, Europe, Middle East & Africa, and Asia-Pacific.

For more information about this report visit https://www.researchandmarkets.com/r/uyeyry

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Global AI in Healthcare Market

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