New York, NY -- (SBWire) -- 11/27/2018 --The competitive landscape of the global Healthcare Artificial Intelligence Market is discussed in the report, including the market share and new orders market share by company. The report profiles some of the leading players in the global market for the purpose of an in-depth study of the challenges faced by the industry as well as the growth opportunities in the market. The report also discusses the strategies implemented by the key companies to maintain their hold on the industry. The business overview and financial overview of each of the companies have been analyzed.
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Artificial Intelligence has extensive applications in the field of drug discovery and the medical imaging industry. It performs tasks that require human-like qualities of judgment and perception for its application in healthcare systems. Introduction of innovative technology for detection of disease such as CT scans, MRI scans and picture archiving and communications (PAC) have enabled doctors to achieve 60-70% more accurate results instantly.
Some of the notable players operating in healthcare artificial intelligence industry include IBM Watson Health, iCarbonX, Pathway Genomics, AiCure, Atomwise, and Cyrcadia Health. Continuous innovation in the artificial intelligence technology is a major strategy adopted by industry participants to gain significant market share.
Healthcare Artificial Intelligence Market, By Application
Medical imaging and diagnosis should witness more than 40% growth to surpass USD 2.5 billion by 2024. Rising application of artificial intelligence in medical imaging has improved cancer tumour diagnosis at a very early stage compared to radiology. It utilizes deep learning techniques providing extraordinary performance for pattern recognition leading its way to become a game changer in the imaging and diagnosis industry.
Drug discovery held over 35% of the global artificial intelligence market share and is anticipated to witness more than 40% CAGR over the forecast years. The industry share is attributed to capability of artificial intelligence technology to recognize drug targets, and play an important role in drug design, discovery, identification and screening of molecules instantly and effectively.
Competitive Market Share
The healthcare artificial intelligence market is highly fragmented characterized by presence of large number of industry players. Industry witnesses a number of start-ups for the past 3-4 years. Few innovative companies have set their footprint as pioneers in artificial intelligence industry.
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A new record offers a comprehensive evaluation of the worldwide Healthcare Artificial Intelligence Market. The document, titled "Global Healthcare Artificial Intelligence Market" takes the key developments and essential market factors in consideration to perform this studies. The analysis of the said market across all sectors is obtainable in phrases of CAGR and other essential factors such yr-on-yr growth and out-and-out greenback opportunity. These constraints offer the client with intensive insights and destiny prospects from the perspective of Healthcare Artificial Intelligence market.
This Market research file underlines on the key players on this market anywhere throughout the world. This phase of the report accommodates the corporation frameworks, stipulations, and product outlines, know-how, manufacture, touch records, cost, and income. Likewise, this system assembly, upstream uncooked substances, and downstream demand evaluation are in addition overseen.
This statistical surveying document investigates and inspects the Healthcare Artificial Intelligence Market and determines a widely inclusive estimate of its improvement and its details. Another attitude that became efficient is the cost analysis of the top products using within the enterprise remembering the overall sales of the manufacturers.
Table of Contents (TOC)
Global Healthcare Artificial Intelligence Market Research Report Forecast 2023
Chapter 1:- Healthcare Artificial Intelligence Market Overview
Chapter 2:- Economic Impact on Industry
Chapter 3:- Production, Business Opportunities with Potential Analysis
Chapter 4:- Rising Trends and New Technologies with key players
Chapter 5:- Manufacturing Cost Analysis
Chapter 6:- Technology Progress, Development Process and Downstream Buyers
Chapter 7:- Marketing Strategy Analysis, Distributors/Traders
Chapter 8:- Market Share by Key Countries in These Regions
Chapter 9:- Show the Market by Type and Application, With Sales Market Share and Growth Rate
Chapter 10:- Appendix and Data Source
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