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U.S. Healthcare Artificial Intelligence Market to grow at 38% CAGR from 2017 to 2024

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Presentation on theme: "U.S. Healthcare Artificial Intelligence Market to grow at 38% CAGR from 2017 to 2024"— Presentation transcript:

1 © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com Fuel Cell Market size worth $25.5bn by 2024 Healthcare Artificial Intelligence Market share to hit $10bn by 2024: Global Market Insights Inc.

2 © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com  In a major development that can positively impact Healthcare Artificial Intelligence Market growth, Babylon Health, a UK based digital health firm has raised nearly USD 60 million in April 2017 to diagnose patient illness by creating an AI chatbot on their smartphones.  High investments made by various industry players to build more robust machine learning algorithms and big data analytics applications to deliver more effective healthcare services will completely change the medical diagnosing & treatment phase of the industry.  New breakthroughs in the field of clinical research, genomics, robotic personal assistants, and precision medicine are expected to propel Precision Medicine Market, which in turn is creating a wide set of opportunities for healthcare artificial intelligence industry globally.  Healthcare artificial intelligence finds wide application in drug discovery, hospital workflow, medical imaging & diagnosis, and therapy planning.  Drug discovery applications, which contributed more than 35% of healthcare artificial intelligence industry share in 2016, are forecast to hit USD 4 billion by 2024. Key Insights from Healthcare Artificial Intelligence Market:

3 © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com  Medical imaging & diagnosis sector is expected to hit the revenue of over USD 2.5 billion by 2024, owing to its ability to identify cancer at initial phase by detecting the rapid proliferation of tumor cells.  Considering the topographical trends, U.S. healthcare artificial intelligence industry, which was estimated at USD 320 million in 2016, is projected to grow at a rate of 38% over the period of 2017-2024.  The UK healthcare artificial intelligence market is forecast to cross the revenue margin of USD 800 million by 2024 and will further boost the Europe industry size over the years to come.  Welltok Incorporation, Pathway Genomics, Cyrcadia Health Incorporation, Atomwise, Enlitic, Lifegraph Limited, Insilico Medicine Incorporation, IBM Watson Health, iCarbonX, Google Incorporation, Zebra Medical Vision, Microsoft Corporation, Sophia Genetics, Modernizing Medicine Incorporation, Butterfly Network Incorporation, APIXIO, and AiCure are the major participants of healthcare artificial intelligence industry. Continued...

4 © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com U.S. Healthcare Artificial Intelligence Market Size, By Application, 2013-2024 (USD Million)

5 © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com Chapter 1. Methodology 1.1. Methodology 1.1.1. Initial data exploration 1.1.2. Statistical model and forecast 1.1.3. Industry insights and validation 1.1.4. Market definitions and forecast parameters 1.2. Data Sources 1.2.1. Primary 1.2.2. Secondary Chapter 2. Executive Summary 2.1. Healthcare artificial intelligence industry 3600 synopsis, 2013 - 2024 2.1.1. Business trends 2.1.2. Application trends 2.1.3. Regional trends Table of Content:

6 © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com Chapter 3. Healthcare Artificial Intelligence Industry Insights 3.1. Industry segmentation 3.2. Industry size and forecast, 2013 - 2024 3.3. Industry impact forces 3.3.1. Growth drivers 3.3.1.1. Advancements in big data analytics 3.3.1.2. Adoption of artificial intelligence in research areas 3.3.1.3. Reduced workload and increased quality of care delivery 3.3.1.4. Increasing range of future applications 3.3.2. Industry pitfalls & challenges 3.3.2.1. High initial capital requirement 3.3.2.2. Large scale human unemployment 3.3.2.3. Difficulty in deployment 3.4. Start-up Scenario 3.5. Healthcare artificial intelligence projects Table of Content:

7 © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com 3.6. Medical and technological advancements 3.6.1. U.S. 3.6.2. Europe 3.6.3. APAC 3.7. Regulatory landscape 3.7.1. U.S. 3.7.2. Europe 3.8. Growth potential analysis 3.8.1. By Application 3.9. Competitive landscape, 2016 3.9.1. Business overview 3.9.2. Revenue analysis 3.9.3. Product landscape 3.9.4. Strategy dashboard 3.9.5. Patent analysis 3.10. Porter’s analysis 3.11. PESTEL analysis Table of Content:

8 © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com Browse Full Market Research Report On Healthcare Artificial Intelligence Market @ http://bit.ly/2pZFCkwhttp://bit.ly/2pZFCkw Request for a Sample of this Research Report @ https://www.gminsights.com/request-sample/detail/1557 https://www.gminsights.com/request-sample/detail/1557 https://www.gminsights.com/request-sample/detail/49

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