Published On : August 2018 Pages : 116 Category: Healthcare IT Report Code : HC081192
Industry Outlook and Trend Analysis
The Artificial Intelligence in Healthcare Market is expected to reach a significant market share by 2027, while registering itself at a considerable compound annual growth rate (CAGR) during the forecast period. Artificial Intelligence has broad applications in the medical imaging industry the field of drug discovery. It carries out tasks that need human-like characteristics of perception and judgement for its application in healthcare frameworks. Advent of top notch technology for discovery of sickness, for example, MRI scans, CT scans and picture archiving and communications (PAC) have empowered specialists to accomplish 60-70% more exact outcomes instantly. Development in clinical research and robotic personal assistants should drive artificial intelligence in healthcare market development. Developing application in the field of genomics and precision medicine will help customized medications altered to an individual patient's need. Big data analytics applications in healthcare are developing at a considerable speed.
Application Outlook and Trend Analysis
On the basis of applications, drug discovery held more than 35% of the artificial intelligence in healthcare and is foreseen to witness a significant CAGR over the conjecture years. The industry share is ascribed to ability of artificial intelligence technology to perceive drug targets, and assume an essential part in drug discovery, design, recognizable proof and screening of molecules immediately and successfully.
Regional Outlook and Trend Analysis
The United States artificial intelligence in healthcare market accounted for a significant share in 2017 and is anticipated to grow significantly over the forecast period. Increasing adoption of top notch healthcare technologies, for example, big data analytics and supportive government activities will drive industry development. Government experts are empowering the utilization of data analytics through different activities and strategies to decrease cost and enhanced quality of healthcare services. UK is slated to drive the Europe market with target income set to exhibit tremendous growth over the forecast period.
Competitive Insights
The leading players in the market are AiCure LLC, iCarbonX, Pathway Genomics, Cyrcadia Health Inc, IBM Watson Health and Atomwise. The major players in the market are profiled in detail in view of qualities, for example, company portfolio, business strategies, financial overview, recent developments, and share of the overall industry.
The Artificial Intelligence in Healthcare Market is segmented as follows-
By Application:
By Region
Some of the key questions answered by the report are:
Market Classification
· Artificial Intelligence in Healthcare Market, By Application, Estimates and Forecast, 2017-2027 ($Million)
· Hospital Workflow
· Medical Imaging and Diagnosis
· Therapy Planning
· Drug Discovery
· Other Application
· Artificial Intelligence in Healthcare Market, By Region, Estimates and Forecast, 2017-2027 ($Million)
· North America
§ North America Artificial Intelligence in Healthcare Market, By Country
o U.S. Artificial Intelligence in Healthcare Market
o Canada Artificial Intelligence in Healthcare Market
o Mexico Artificial Intelligence in Healthcare Market
· Europe
§ Europe Artificial Intelligence in Healthcare Market, By Country
o Germany Artificial Intelligence in Healthcare Market
o UK Artificial Intelligence in Healthcare Market
o France Artificial Intelligence in Healthcare Market
o Russia Artificial Intelligence in Healthcare Market
o Italy Artificial Intelligence in Healthcare Market
o Rest of Europe Artificial Intelligence in Healthcare Market
· Asia-Pacific
§ Asia-Pacific Artificial Intelligence in Healthcare Market, By Country
o China Artificial Intelligence in Healthcare Market
o Japan Artificial Intelligence in Healthcare Market
o South Korea Artificial Intelligence in Healthcare Market
o India Artificial Intelligence in Healthcare Market
o Southeast Asia Artificial Intelligence in Healthcare Market
o Rest of Asia-Pacific Artificial Intelligence in Healthcare Market
· South America
§ South America Artificial Intelligence in Healthcare Market
o Brazil Artificial Intelligence in Healthcare Market
o Argentina Artificial Intelligence in Healthcare Market
o Columbia Artificial Intelligence in Healthcare Market
o Rest of South America Artificial Intelligence in Healthcare Market
· Middle East and Africa
§ Middle East and Africa Artificial Intelligence in Healthcare Market
o Saudi Arabia Artificial Intelligence in Healthcare Market
o UAE Artificial Intelligence in Healthcare Market
o Egypt Artificial Intelligence in Healthcare Market
o Nigeria Artificial Intelligence in Healthcare Market
o South Africa Artificial Intelligence in Healthcare Market
o Rest of MEA Artificial Intelligence in Healthcare Market
Table of Contents
1. Introduction
1.1. Report Description
2. Executive Summary
2.1. Key Highlights
3. Market Overview
3.1. Introduction
3.1.1. Market Definition
3.1.2. Market Segmentation
3.2. Market Dynamics
3.2.1. Drivers
3.2.2. Restraints
3.2.3. Opportunities
4. Market Analysis by Regions
4.1. North America (United States, Canada and Mexico)
4.1.1. United States Market States and Outlook (2017-2027)
4.1.2. Canada Market States and Outlook (2017-2027)
4.1.3. Mexico Market States and Outlook (2017-2027)
4.2. Europe (Germany, France, UK, Russia, Italy and Rest of Europe)
4.2.1. Germany Market States and Outlook (2017-2027)
4.2.2. France Market States and Outlook (2017-2027)
4.2.3. UK Market States and Outlook (2017-2027)
4.2.4. Russia Market States and Outlook (2017-2027)
4.2.5. Italy Market States and Outlook (2017-2027)
4.2.6. Rest of Europe Market States and Outlook (2017-2027)
4.3. Asia-Pacific (China, Japan, Korea, India, Southeast Asia and Rest of Asia-Pacific)
4.3.1. China Market States and Outlook (2017-2027)
4.3.2. Japan Market States and Outlook (2017-2027)
4.3.3. Korea Market States and Outlook (2017-2027)
4.3.4. India Market States and Outlook (2017-2027)
4.3.5. Rest of Asia-Pacific Market States and Outlook (2017-2027)
4.4. South America (Brazil, Argentina, Columbia and Rest of South America)
4.4.1. Brazil Market States and Outlook (2017-2027)
4.4.2. Argentina Market States and Outlook (2017-2027)
4.4.3. Columbia Market States and Outlook (2017-2027)
4.4.4. Rest of South America Market States and Outlook (2017-2027)
4.5. Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, South Africa and Rest of MEA)
4.5.1. Saudi Arabia Market States and Outlook (2017-2027)
4.5.2. UAE Market States and Outlook (2017-2027)
4.5.3. Egypt Market States and Outlook (2017-2027)
4.5.4. Nigeria Market States and Outlook (2017-2027)
4.5.5. South Africa Market States and Outlook (2017-2027)
4.5.6. Rest of MEA Market States and Outlook (2017-2027)
5. Artificial Intelligence in Healthcare Market, By Application
5.1. Introduction
5.2. Global Artificial Intelligence in Healthcare Market Revenue and Market Share by Application (2017-2027)
5.2.1. Global Artificial Intelligence in Healthcare Market Revenue and Revenue Share by Application (2017-2027)
5.3. Hospital Workflow
5.3.1. Global Hospital Workflow Revenue and Growth Rate (2017-2027)
5.4. Medical Imaging and Diagnosis
5.4.1. Global Medical Imaging and Diagnosis Revenue and Growth Rate (2017-2027)
5.5. Therapy Planning
5.5.1. Global Therapy Planning Revenue and Growth Rate (2017-2027)
5.6. Drug Discovery
5.6.1. Global Drug Discovery Revenue and Growth Rate (2017-2027)
5.7. Other Application
5.7.1. Global Other Application Revenue and Growth Rate (2017-2027)
6. Artificial Intelligence in Healthcare Market, By Region
6.1. Introduction
6.2. Global Artificial Intelligence in Healthcare Market Revenue and Market Share by Regions
6.2.1. Global Artificial Intelligence in Healthcare Market Revenue by Regions (2017-2027)
6.3. North America Artificial Intelligence in Healthcare Market by Countries
6.3.1. North America Artificial Intelligence in Healthcare Market Revenue and Growth Rate (2017-2027)
6.3.2. North America Artificial Intelligence in Healthcare Market Revenue by Countries (2017-2027)
6.3.3. North America Artificial Intelligence in Healthcare Market Revenue (Million USD) by Countries (2017-2027)
6.3.4. U.S.
6.3.4.1. United States Artificial Intelligence in Healthcare Market Revenue (Millions USD) and Growth Rate (2017-2027)
6.3.5. Canada
6.3.5.1. Canada Artificial Intelligence in Healthcare Market Revenue (Millions USD) and Growth Rate (2017-2027)
6.3.6. Mexico
6.3.6.1. Mexico Artificial Intelligence in Healthcare Market Revenue (Millions USD) and Growth Rate (2017-2027)
6.4. Europe Artificial Intelligence in Healthcare Market by Countries
6.4.1. Europe Artificial Intelligence in Healthcare Market Revenue and Growth Rate (2017-2027)
6.4.2. Europe Artificial Intelligence in Healthcare Market Revenue by Countries (2017-2027)
6.4.3. Europe Artificial Intelligence in Healthcare Market Revenue (Million USD) by Countries (2017-2027)
6.4.4. Germany
6.4.4.1. Germany Artificial Intelligence in Healthcare Market Revenue (Millions USD) and Growth Rate (2017-2027)
6.4.5. UK
6.4.5.1. UK Artificial Intelligence in Healthcare Market Revenue (Millions USD) and Growth Rate (2017-2027)
6.4.6. France
6.4.6.1. France Artificial Intelligence in Healthcare Market Revenue (Millions USD) and Growth Rate (2017-2027)
6.4.7. Russia
6.4.7.1. Russia Artificial Intelligence in Healthcare Market Revenue (Millions USD) and Growth Rate (2017-2027)
6.4.8. Italy
6.4.8.1. Italy Artificial Intelligence in Healthcare Market Revenue (Millions USD) and Growth Rate (2017-2027)
6.4.9. Rest of Europe
6.4.9.1. Rest of Europe Artificial Intelligence in Healthcare Market Revenue (Millions USD) and Growth Rate (2017-2027)
6.5. Asia-Pacific
6.5.1. Asia-Pacific Artificial Intelligence in Healthcare Market Revenue and Growth Rate (2017-2027)
6.5.2. Asia-Pacific Artificial Intelligence in Healthcare Market Revenue by Countries (2017-2027)
6.5.3. Asia-Pacific Artificial Intelligence in Healthcare Market Revenue (Million USD) by Countries (2017-2027)
6.5.4. China
6.5.4.1. China Artificial Intelligence in Healthcare Market Revenue (Millions USD) and Growth Rate (2017-2027)
6.5.5. Japan
6.5.5.1. Japan Artificial Intelligence in Healthcare Market Revenue (Millions USD) and Growth Rate (2017-2027)
6.5.6. Korea
6.5.6.1. Korea Artificial Intelligence in Healthcare Market Revenue (Millions USD) and Growth Rate (2017-2027)
6.5.7. India
6.5.7.1. India Artificial Intelligence in Healthcare Market Revenue (Millions USD) and Growth Rate (2017-2027)
6.5.8. Southeast Asia
6.5.8.1. Southeast Asia Artificial Intelligence in Healthcare Market Revenue (Millions USD) and Growth Rate (2017-2027)
6.5.9. Rest of Asia-Pacific
6.5.9.1. Rest of Asia-Pacific Artificial Intelligence in Healthcare Market Revenue (Millions USD) and Growth Rate (2017-2027)
6.6. South America
6.6.1. South America Artificial Intelligence in Healthcare Market Revenue and Growth Rate (2017-2027)
6.6.2. South America Artificial Intelligence in Healthcare Market Revenue by Countries (2017-2027)
6.6.3. South America Artificial Intelligence in Healthcare Market Revenue (Million USD) by Countries (2017-2027)
6.6.4. Brazil
6.6.4.1. Brazil Artificial Intelligence in Healthcare Market Revenue (Millions USD) and Growth Rate (2017-2027)
6.6.5. Argentina
6.6.5.1. Argentina Artificial Intelligence in Healthcare Market Revenue (Millions USD) and Growth Rate (2017-2027)
6.6.6. Columbia
6.6.6.1. Columbia Artificial Intelligence in Healthcare Market Revenue (Millions USD) and Growth Rate (2017-2027)
6.6.7. Rest of South America
6.6.7.1. Rest of South America Artificial Intelligence in Healthcare Market Revenue (Millions USD) and Growth Rate (2017-2027)
6.7. Middle East and Africa
6.7.1. Middle East and Africa Artificial Intelligence in Healthcare Market Revenue and Growth Rate (2017-2027)
6.7.2. Middle East and Africa Artificial Intelligence in Healthcare Market Revenue by Countries (2017-2027)
6.7.3. Middle East and Africa Artificial Intelligence in Healthcare Market Revenue (Million USD) by Countries (2017-2027)
6.7.4. Saudi Arabia
6.7.4.1. Saudi Arabia Artificial Intelligence in Healthcare Market Revenue (Millions USD) and Growth Rate (2017-2027)
6.7.5. United Arab Emirates
6.7.5.1. United Arab Emirates Artificial Intelligence in Healthcare Market Revenue (Millions USD) and Growth Rate (2017-2027)
6.7.6. Egypt
6.7.6.1. Egypt Artificial Intelligence in Healthcare Market Revenue (Millions USD) and Growth Rate (2017-2027)
6.7.7. Nigeria
6.7.7.1. Nigeria Artificial Intelligence in Healthcare Market Revenue (Millions USD) and Growth Rate (2017-2027)
6.7.8. South Africa
6.7.8.1. South Africa Artificial Intelligence in Healthcare Market Revenue (Millions USD) and Growth Rate (2017-2027)
6.7.9. Rest of Middle East and Africa
6.7.9.1. Rest of Middle East and Africa Artificial Intelligence in Healthcare Market Revenue (Millions USD) and Growth Rate (2017-2027)
7. Company Profiles
7.1. Zebra Medical Vision
7.1.1. Business Overview
7.1.2. Product Portfolio
7.1.3. Strategic Developments
7.1.4. Revenue and Market Share
7.2. IBM Watson Health
7.2.1. Business Overview
7.2.2. Product Portfolio
7.2.3. Strategic Developments
7.2.4. Revenue and Market Share
7.3. Cyrcadia Health
7.3.1. Business Overview
7.3.2. Product Portfolio
7.3.3. Strategic Developments
7.3.4. Revenue and Market Share
7.4. AiCure
7.4.1. Business Overview
7.4.2. Product Portfolio
7.4.3. Strategic Developments
7.4.4. Revenue and Market Share
7.5. Lifegraph
7.5.1. Business Overview
7.5.2. Product Portfolio
7.5.3. Strategic Developments
7.5.4. Revenue and Market Share
7.6. iCarbonX
7.6.1. Business Overview
7.6.2. Product Portfolio
7.6.3. Strategic Developments
7.6.4. Revenue and Market Share
7.7. Butterfly Network
7.7.1. Business Overview
7.7.2. Product Portfolio
7.7.3. Strategic Developments
7.7.4. Revenue and Market Share
7.8. Pathway Genomics
7.8.1. Business Overview
7.8.2. Product Portfolio
7.8.3. Strategic Developments
7.8.4. Revenue and Market Share
7.9. Insilico Medicine
7.9.1. Business Overview
7.9.2. Product Portfolio
7.9.3. Strategic Developments
7.9.4. Revenue and Market Share
7.10. APIXIO
7.10.1. Business Overview
7.10.2. Product Portfolio
7.10.3. Strategic Developments
7.10.4. Revenue and Market Share
7.11. Enlitic
7.11.1. Business Overview
7.11.2. Product Portfolio
7.11.3. Strategic Developments
7.11.4. Revenue and Market Share
7.12. iCarbonX
7.12.1. Business Overview
7.12.2. Product Portfolio
7.12.3. Strategic Developments
7.12.4. Revenue and Market Share
7.13. Sophia Genetics
7.13.1. Business Overview
7.13.2. Product Portfolio
7.13.3. Strategic Developments
7.13.4. Revenue and Market Share
7.14. Modernizing Medicine
7.14.1. Business Overview
7.14.2. Product Portfolio
7.14.3. Strategic Developments
7.14.4. Revenue and Market Share
7.15. Cyrcadia Health
7.15.1. Business Overview
7.15.2. Product Portfolio
7.15.3. Strategic Developments
7.15.4. Revenue and Market Share
8. Global Artificial Intelligence in Healthcare Market Competition, by Manufacturer
8.1. Global Artificial Intelligence in Healthcare Market Revenue and Market Share by Manufacturer (2017-2017)
8.2. Global Artificial Intelligence in Healthcare Market Price by Region (2017-2017)
8.3. Top 5 Artificial Intelligence in Healthcare Market Manufacturer Market Share
8.4. Market Competition Trend
9. Artificial Intelligence in Healthcare Market Forecast (2017-2027)
9.1. Global Artificial Intelligence in Healthcare Market Revenue (Millions USD) and Growth Rate (2017-2027)
9.2. Artificial Intelligence in Healthcare Market Forecast by Regions (2017-2027)
9.2.1. North America Artificial Intelligence in Healthcare Market Forecast (2017-2027)
9.2.1.1. United States Artificial Intelligence in Healthcare Market Forecast (2017-2027)
9.2.1.2. Canada Artificial Intelligence in Healthcare Market Forecast (2017-2027)
9.2.1.3. Mexico Artificial Intelligence in Healthcare Market Forecast (2017-2027)
9.2.2. Europe Artificial Intelligence in Healthcare Market Forecast (2017-2027)
9.2.2.1. Germany Artificial Intelligence in Healthcare Market Forecast (2017-2027)
9.2.2.2. United Kingdom Artificial Intelligence in Healthcare Market Forecast (2017-2027)
9.2.2.3. France Artificial Intelligence in Healthcare Market Forecast (2017-2027)
9.2.2.4. Russia Artificial Intelligence in Healthcare Market Forecast (2017-2027)
9.2.2.5. Italy Artificial Intelligence in Healthcare Market Forecast (2017-2027)
9.2.2.6. Rest of the Europe Artificial Intelligence in Healthcare Market Forecast (2017-2027)
9.2.3. Asia-Pacific Artificial Intelligence in Healthcare Market Forecast (2017-2027)
9.2.3.1. China Artificial Intelligence in Healthcare Market Forecast (2017-2027)
9.2.3.2. Japan Artificial Intelligence in Healthcare Market Forecast (2017-2027)
9.2.3.3. Korea Artificial Intelligence in Healthcare Market Forecast (2017-2027)
9.2.3.4. India Artificial Intelligence in Healthcare Market Forecast (2017-2027)
9.2.3.5. Southeast Asia Artificial Intelligence in Healthcare Market Forecast (2017-2027)
9.2.3.6. Rest of Asia-Pacific Artificial Intelligence in Healthcare Market Forecast (2017-2027)
9.2.4. South America Artificial Intelligence in Healthcare Market Forecast (2017-2027)
9.2.4.1. Brazil Artificial Intelligence in Healthcare Market Forecast (2017-2027)
9.2.4.2. Argentina Artificial Intelligence in Healthcare Market Forecast (2017-2027)
9.2.4.3. Columbia Artificial Intelligence in Healthcare Market Forecast (2017-2027)
9.2.4.4. Rest of South America Artificial Intelligence in Healthcare Market Forecast (2017-2027)
9.2.5. Middle East and Africa Artificial Intelligence in Healthcare Market Forecast (2017-2027)
9.2.5.1. Saudi Arabia Artificial Intelligence in Healthcare Market Forecast (2017-2027)
9.2.5.2. UAE Artificial Intelligence in Healthcare Market Forecast (2017-2027)
9.2.5.3. Egypt Artificial Intelligence in Healthcare Market Forecast (2017-2027)
9.2.5.4. Nigeria Artificial Intelligence in Healthcare Market Forecast (2017-2027)
9.2.5.5. South Africa Artificial Intelligence in Healthcare Market Forecast (2017-2027)
9.2.5.6. Rest of MEA Artificial Intelligence in Healthcare Market Forecast (2017-2027)
9.3. Artificial Intelligence in Healthcare Market Forecast by Application (2017-2027)
9.3.1. Global Artificial Intelligence in Healthcare Market Revenue Forecast by Application (2017-2027)
9.3.2. Global Artificial Intelligence in Healthcare Market Revenue Market Share Forecast by Application (2017-2027)
10. Research Methodology
10.1.1. Secondary Research
10.1.2. Primary Research
List of Tables
*You can glance through the list of Tables and Figures when you view the sample copy of Artificial Intelligence in Healthcare Market.
Research Methodology
We use both primary as well as secondary research for our market surveys, estimates and for developing forecast. Our research process commence by analyzing the problem which enable us to design the scope for our research study. Our research process is uniquely designed with enough flexibility to adjust according to changing nature of products and markets, while retaining core element to ensure reliability and accuracy in research findings. We understand both macro and micro-economic factors to evaluate and forecast different market segments.
Data Mining
Data is extensively collected through various secondary sources such as annual reports, investor presentations, SEC filings, and other corporate publications. We also refer trade magazines, technical journals, paid databases such as Factiva and Bloomberg, industry trade journals, scientific journals, and social media data to understand market dynamics and industry trends. Further, we also conduct primary research to understand market drivers, restraints, opportunities, challenges, and competitive scenario to build our analysis.
Data Collection Matrix
Data Collection Matrix |
Supply Side |
Demand Side |
Primary Data Sources |
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Secondary Data Sources |
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Market Modeling and Forecasting
We use epidemiology and capital equipment-based models to forecast market size of different segments at country and regional level.
We do forecast on basis of several parameters such as market drivers, market opportunities, industry trends government regulations, raw materials supply and trade dynamics to ensure relevance of forecast with market scenario. With increasing need to granulized information, we used bottom-up methodology for forecasting where we evaluate each regional segment differently and combined all forecast to develop final market forecast.
Data Validation
We believe primary research is a very important tool in analyzing and forecasting different markets. In order to make sure accuracy of our findings, our team conducts primary interviews at every stage of research to gain deep insights into current business environment and future trends and key developments in market. This includes use of various methods such as telephonic interviews, focus groups, face to face interviews and questionnaires to validate our research from all aspects. We validate our data through primary research from key industry leaders such as CEO, product managers, marketing managers, suppliers, distributors, and consumers are frequently interviewed. These interviews provide valuable insights which help us to have better market understanding besides validating our estimates and forecast.
Data Triangulation
Industry Analysis
Qualitative Data |
Quantitative Data (2017-2025) |
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