Artificial Intelligence in Healthcare Market: Comprehensive study explores Huge Growth in Future

Date

2/3/2020 3:19:22 AM

(MENAFN- iCrowdNewsWire) Feb 3, 2020

Artificial intelligence(AI) is the creation of intelligent systems that can perform tasks without human interventions and instructions. It is the constellation of different technologies such as natural language processing, machine learning, perception and reasoning. These systems use computer algorithms, and huge amount of data to provide a response to a request. AI is being adopted in healthcare using algorithm and software for the analysis of medical data with a view to predict diseases and provide proper medication. It will lead to personalization and optimization leading to improved outcomes for both patients and healthcare systems. A basic AI computer used today in clinical practices can be used for alerts and reminder, diagnostic, therapy planning, Information retrieval and image interpretation. However, glitches in communication and technical infrastructure are amongst the barriers to the growth of AI in health care.

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The Artificial Intelligence (AI) In Healthcare Market Perspective, Comprehensive Analysis along with Major Segments and Forecast,2024. The Artificial Intelligence (AI) In Healthcare Market report is a valuable source of insightful data for business strategists. It provides the industry overview with growth analysis and historical & futuristic cost, revenue, demand and supply data (as applicable). Report explores the current outlook in global and key regions from the perspective of players, countries, product types and end industries. This Artificial Intelligence (AI) In Healthcare Market study provides comprehensive data which enhances the understanding, scope and application of this report.

Global Major Players in Artificial Intelligence (AI) In Healthcare Market are:
General Vision, Inc., Siemens Healthineers GmbH, Nvidia Corporation, iCarbonX, Zephyr Health, Inc., Atomwise, Inc, Welltok, Inc., Enlitic, Inc., Intel Corporation, Sentirian, Microsoft Corporation, IBM Corporation, Next IT Corporation, Google Inc., and Other.

Most widely used downstream fields of Artificial Intelligence (AI) In Healthcare market covered in this report are:
Patient Data and Risk Analysis
Medical Imaging and Diagnosis
Lifestyle Management and Monitoring
Virtual Assistant
Precision Medicine
In-Patient Care and Hospital Management
Drug Discovery
Wearables
Research
Other

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Artificial Intelligence (AI) in Healthcare Market: Trends and Opportunities

Greater new possibilities with big data, ability of AI to enhance patient care, strong imbalance between the pool of patients and healthcare professionals, and possibilities of reducing medical costs are some of the key factors expected to augment the demand for AI in the healthcare sector. Additionally, growing importance of precision medicine, increasing number of cross-industry collaborations, consistent inflow of venture capital investments, and increasing geriatric population are some of the other factors that are expected to reflect positively over this market. On the other hand, reluctance of medical practitioners in adopting new technologies, strong lack of a preset and universal regulatory guidelines, lack of curated healthcare data, and concerns of data privacy are curtailing the market from attaining higher grounds.

Technology-wise, the artificial intelligence (AI) in healthcare market can be segmented into querying method, deep learning, context aware processing, and natural language processing, whereas application-wise, artificial intelligence (AI) in healthcare marketcan be bifurcated into wearables, virtual assistant, research and drug discovery, in-patient care and hospital management, medical imaging and diagnosis, precision medicine, lifestyle management and monitoring, and patient data and risk analysis.

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