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Artificial Intelligence in Healthcare Market Is Expected to Garner Growth by 2026

Artificial intelligence is expected to aid in improving preventative care with the help of big data crunch and study of all the factors associated with disease diagnosis and treatment approach and assessment of the same. <br>

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Artificial Intelligence in Healthcare Market Is Expected to Garner Growth by 2026

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  1. Artificial Intelligence in Healthcare Market - Artificial Intelligence in Healthcare Market - Size, Share, Growth, Outlook, and Opportunity Size, Share, Growth, Outlook, and Opportunity Analysis, 2018-2026 Analysis, 2018-2026 Artificial intelligence is expected to aid in improving preventative care with the help of big data crunch and study of all the factors associated with disease diagnosis and treatment approach and assessment of the same. Physicians can take better decisions associated with treatment by relying on relevant data provided by artificial intelligence technologies. These technologies include algorithms, computer vision, machine learning, image recognition, speech recognition, cognitive computing, semantic web, and natural language processing. Features of artificial intelligence include pattern identification, management of big data, and eliminating bias. Artificial Intelligence capability heavily depends on the quantity and quality of data accessible to the technology, and hence, the growth in the market is dependent on its accessibility to such data. Request Sample Copy of Research Report: https://www.coherentmarketinsights.com/insight/request-sample/436 Artificial intelligence could aid in improving basic healthcare facilities, which could help the doctors to invest more time on critical cases Doctor-population ratio has become major concern in emerging economies such as India. According to official figure presented in Indian Parliament, about 1,022,859 allopathic doctors registered with the state medical councils or Medical Council of India as on March 31, 2017. Considering as high as 80% availability, around 0.8 million doctors may be available for service in India, which translates to 0.62:1,000 doctor-population ratio that is below the WHO standard (i.e. 1:1000). Developed economies such as the U.S. have a high doctor-population ratio, however, may not be sufficient enough to meet demand of rapidly increasing population. According to a report by Association of American Medical Colleges, U.S. may face the shortage of more than 90,000 doctors by 2020, including 45,000 patient care physicians. Increasing research and development for application of artificial intelligence in healthcare is expected to boost growth of the market

  2. Artificial intelligence systems are mainly categorized into machine learning techniques and natural language processing. Machine learning techniques involve analysis of structured data such as genetic data, and imaging data, whereas, natural language processing involves extracting information from unstructured data such as clinical notes, and medical journals. Microsoft Corporation and Adaptive Biotechnologies partnered to combine artificial intelligence with human immune system sequencing (from Adaptive Biotechnologies) in January 2018. The University of Massachusetts Amherst Center for Data Science partnered with Chan Zuckerberg Initiative (CZI) in January 2018 to accelerate healthcare research and development using artificial intelligence. Furthermore, January 2018, Wilfrid Laurier University researchers and health researchers in Waterloo University collaborated to study the use of artificial intelligence for early detection of Alzheimer’s. Owkin France raised US$ 11 million in January 2018, to develop artificial algorithms for speeding up drug development process. Biotricity, Inc. —a medical diagnostic and consumer healthcare technology company —is expanding research and development, to include artificial intelligence into its product offerings. Furthermore, Ubenwa — a Nigerian Artificial Intelligence health startup — founded in 2014 —developed a mobile app to detect asphyxia in newborn babies using machine learning. Report includes chapters which deeply display the following deliverable about industry : • Artificial Intelligence in Healthcare Market Research Objective and Assumption • Artificial Intelligence in Healthcare Market Purview - Report Description, Executive Summary, and Coherent Opportunity Map (COM) • Artificial Intelligence in Healthcare Market Dynamics, Regulations, and Trends Analysis - Market Dynamics, Regulatory Scenario, Industry Trend, Merger and Acquisitions, New system Launch/Approvals, Value Chain Analysis, Porter’s Analysis, and PEST Analysis • Global Artificial Intelligence in Healthcare Market, By Regions • Artificial Intelligence in Healthcare Market Competition by Manufacturers including Production, Share, Revenue, Average Price, Manufacturing Base Distribution, Sales Area and Product Type. • Artificial Intelligence in Healthcare Market Manufacturers Profiles/Analysis including Company Basic Information, Manufacturing Base and Its Competitors. • Artificial Intelligence in Healthcare Market Manufacturing Cost Analysis including Key Raw Materials and Key Suppliers of Raw Materials. • Industrial Chain, Sourcing Strategy and Downstream Buyers including Upstream Raw Materials Sourcing and Downstream Buyers • Marketing Strategy Analysis, Distributors/Traders including Marketing Channel, Market Positioning and Distributors/Traders List. • Market Effect Factors Analysis including Technology Progress/Risk, Consumer Needs/Customer Preference Change and Economic/Political Environmental Change. • Artificial Intelligence in Healthcare Market Forecast including Production, Consumption, Import and Export Forecast by Type, Applications and Region.

  3. • Research Findings and Conclusion Key players in the market are focusing on collaborations in order to expand its presence in the market. For instance, in 2017, Nvidia Corporation collaborated with GE Healthcare to speed up the adoption of AI in healthcare. As per agreement, Nvidia Corporation is expected to integrate its artificial intelligence (AI) to GE Healthcare’s 500,000 imaging devices, globally. Inquire Here Before Purchase: https://www.coherentmarketinsights.com/insight/talk-to-analyst/436 Detailed Segmentation: Global Artificial Intelligence in Healthcare Market, By Solution: • Hardware • Software & Services Global Artificial Intelligence in Healthcare Market, By Technology: • Speech Recognition • Querying Method • Natural Language Processing • Machine Learning • Context Aware Processing Global Artificial Intelligence in Healthcare Market, By Application: • Imaging & Diagnostics • Drug Discovery • Lifestyle Management & Monitoring • Emergency Room & Hospital Management • Insights & Risk Analytics • Wearables • Virtual Assistants • Others Global Artificial Intelligence in Healthcare Market, By End User: • Hospitals • Pharmaceutical Organizations • Diagnostic Centers • Clinics Global Artificial Intelligence in Healthcare Market, By Geography: • North America • • • • •

  4. About Coherent Market Insights Coherent Market Insights is a prominent market research and consulting firm offering action-ready syndicated research reports, custom market analysis, consulting services, and competitive analysis through various recommendations related to emerging market trends, technologies, and potential absolute dollar opportunity. Contact Us Mr. Shah Coherent Market Insights 1001 4th Ave, #3200 Seattle, WA 98154 Tel: +1-206-701-6702 Email: sales@coherentmarketinsights.com

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