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Artificial Intelligence (AI) in Healthcare Market Size, Share, Trends, Analysis and Forecast by Region, Segment, Offering, Technology and End User 2022-2027

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    Report

  • 86 Pages
  • October 2022
  • Region: Global
  • GlobalData
  • ID: 5693575
The AI in healthcare market size was valued at US$7,679.39 million in 2021 and is expected to grow at a compound annual growth rate (CAGR) of 39.05% during 2022-2027. The key to the growth has been increasing investment and development in AI and increasing strategic moves by market players are stimulating. Additionally, key strategic partnerships and mergers and acquisitions are expected to accelerate market growth. Over the forecast period, the market will witness an increase in government initiatives, favoring the AI in healthcare market growth

Healthcare, including pharma, medical devices, healthcare providers, and payers, is a highly regulated industry, and therefore can be slow to adopt new technologies and modernize. However, the healthcare industry is realizing the benefits artificial intelligence (AI) can bring, and it is now being used in different areas across the entire value chain. Additionally, its use in the healthcare space is expected to continue to increase in the next five years.

The integration of software with artificial intelligence is creating growth avenues for the global artificial intelligence in healthcare market. Integration of software with artificial intelligence offers immediate decision support and best results to diagnose diseases. Additionally, it reduces time to track diseases and shows tremendously quick diagnostic results.

The key to the growth has been the increasing investment in AI and increasing strategic moves by market players are expected to accelerate market growth.

Scope

The global AI in healthcare market size reached USD 7,679.39 million in 2021, according to a new report by GlobalData Plc. As the distribution of venture capital (VC) investments for AI technologies in healthcare precisely follows the movement of overall VC funding movement, the latter can be utilized as an alternative for interest in AI by country. Globally, in 2019, the health tech deals were valued at $15.5 billion, consisting of 789 deals, which slightly decreased to $13.8 billion in 2019. However, the number of deals and deal value has increased significantly over the past decade. That is portraying the growth prospectus available in the market and increased focused of market players to capture the potential within the market. Investment flows are focused on the United States, although investments are increasing in countries with high potential such as China and India

Reasons to Buy

  • This market intelligence report offers a thorough, forward-looking analysis of the global AI in healthcare market and key opportunities in a concise format to help executives build proactive and profitable growth strategies.
  • Accompanying the publisher's Forecast products, the report examines the assumptions and drivers behind ongoing and upcoming trends in AI in healthcare markets.
  • The report also highlights key platform and product segments.
  • With different charts and tables, the report is designed for an executive-level audience, boasting presentation quality.
  • The report provides an easily digestible market assessment for decision-makers built around in-depth information gathered from market players, which enables executives to quickly get up to speed with the current and emerging trends in AI in healthcare markets

Table of Contents

CHAPTER 01 Executive Summary
1.1 AI in Healthcare Market Snapshot
CHAPTER 02 Research Scope and Segmentation
CHAPTER 03 Market Overview
3.1 AI will become a key driver of healthcare innovation
3.1.1 Pharma
3.1.2 Healthcare (healthcare providers and payers)
3.1.3 Medical devices
3.2 Industry Trends
3.2.1 Integration of Software with Artificial Intelligence
3.2.2 Top Investment Pockets
3.2.3 Key Influencing Factors
CHAPTER 04 AI in Healthcare Industry Trends Analysis
4.1 AI in Healthcare Industry Value Chain
4.2 AI in Healthcare Market Structure - PORTER’s Analysis
CHAPTER 05 Global AI in Healthcare Revenue Opportunity
5.1 Global AI in Healthcare Market
CHAPTER 06 Regulatory Overview
CHAPTER 07 AI in Healthcare Offering Outlook
7.1 AI in Healthcare - Offering Deep Dive
7.1.1 Software
7.1.2 Hardware
7.1.3 Services
CHAPTER 08 AI in Healthcare Technology Outlook
8.1 AI in Healthcare - Technology Deep Dive
8.1.1 Machine learning market
8.1.2 Natural language processing
8.1.3 Computer vision
8.1.4 Context-aware computing
CHAPTER 09 AI in Healthcare End User Outlook
9.1 AI in Healthcare - End User Deep Dive
9.1.1 Hospitals and healthcare providers
9.1.2 Healthcare payers
9.1.3 Pharmaceuticals & biotechnology companies
9.1.4 Others
CHAPTER 010 AI in Healthcare Regional Outlook
10.1 AI in Healthcare - Regional Deep Dive
10.1.1 North America
10.1.2 Europe
10.1.3 Asia-Pacific
10.1.4 ROW
CHAPTER 011 Drivers, Restraint and Challenges
11.1 AI in Healthcare - Market Drivers
11.1.1 Increasing investment and Development in AI
11.1.2 Increasing Strategic Moves by Market Players
11.2 AI in Healthcare - Market Restraints
11.2.1 Reluctance Among Medical Practitioners to Adopt AI Based Technologies
11.2.2 Ambiguous Regulatory Guidelines for Medical Software
11.3 AI in Healthcare - Market Challenges
11.3.1 Challenge to Maintain Data Security
11.3.2 Market Challenges associated with AI in Healthcare
CHAPTER 012 Global AI in Healthcare Start-up Ecology
12.1 AI in Healthcare
12.2 AI in Healthcare Vendor Snapshot
12.2.1 Company snapshot: AIDOC MEDICAL LTD
12.2.2 Company snapshot: GE HEALTHCARE
12.2.3 Company snapshot: INTERNATIONAL BUSINESS MACHINES CORP. (IBM)
12.2.4 Company snapshot: INTEL CORP.
12.2.5 Company snapshot: FUJIFILM HOLDING CORP.
12.2.6 Company snapshot: MEDTRONIC PLC.
12.2.7 Company snapshot: MICROSOFT CORP
12.3 Methodology
12.4 Key Themes Impacting the Pharmaceutical Industry
12.5 About the Publisher
  • Contact the Publisher
List of Tables
  • Index of Tables
Table 1 Key Trends Overview
Table 2 Research scope and segmentation
Table 3 Global AI in Healthcare Market
Table 4 Regulatory Trends
Table 5 Ai in Healthcare by Offering, 2020-202($Mn)
Table 6 AI in Healthcare by Technology, 2020-2027 ($Mn)
Table 7 AI in Healthcare by End User, 2020-2027 ($Mn)
Table 8 AI in Healthcare by Region, 2020-2027 ($Mn)
Table 9 orth America AI in Healthcare by Country, 2020-2027 ($Mn)
Table 10 Europe AI in Healthcare by Country, 2020-2027 ($Mn)
Table 11 Asia-Pacific AI in Healthcare by Country, 2020-2027 ($Mn)
Table 12 Competitive Position of Leading Companies
List of Figures
Figure 1 Market Snapshot ($Mn)
Figure 2 Key Segment Performance Snapshot
Figure 3 Industry value chain analysis
Figure 4 Industry value chain analysis
Figure 5 Industry value chain analysis
Figure 6 Industry value chain analysis
Figure 7 Global AI in Healthcare PORTER’s Five Force Analysis
Figure 8 Global AI in Healthcare Market - Revenue Opportunity Forecast, 2020-2027 ($Mn)
Figure 9 AI in Healthcare by Offering- Market Overview ($Mn)
Figure 10 Software Market Revenue Opportunity Forecast, 2020-2027 ($Mn)
Figure 11 Hardware Market Revenue Opportunity Forecast, 2020-2027 ($Mn)
Figure 12 Service Market Revenue Opportunity Forecast, 2020-2027 ($Mn)
Figure 13 AI in Healthcare by Technology- Market Overview ($Mn)
Figure 14 Machine Learning Market Revenue Opportunity Forecast, 2020-2027 ($Mn)
Figure 15 Big Tech Companies Dominating ML
Figure 16 Data Science Leaders and Disruptors
Figure 17 Leading Virtual Assistants
Figure 18 Enterprise Landscape vs Consumer Landscape
Figure 19 Global AI in Healthcare Market - Revenue Opportunity Forecast, 2020-2027 ($Mn)
Figure 20 Natural Language Processing Market Revenue Opportunity Forecast, 2020-2027 ($Mn)
Figure 21 Computer Vision Market Revenue Opportunity Forecast, 2020-2027 ($Mn)
Figure 22 Computer Vision Software Technologies
Figure 23 Types of AI Chips
Figure 24 AI Chips Leaders and Disruptors
Figure 25 AI Chips Leaders and Disruptors
Figure 26 Context-aware computing Market Revenue Opportunity Forecast, 2020-2027 ($Mn)
Figure 27 AI Chips Leaders and Disruptors
Figure 28 Hospitals and healthcare providers Market Revenue Opportunity Forecast, 2020-2027 ($Mn)
Figure 29 Healthcare payers Market Revenue Opportunity Forecast, 2020-2027 ($Mn)
Figure 30 Pharmaceuticals & biotechnology companies Market Revenue Opportunity Forecast, 2020-2027 ($Mn)
Figure 31 Other End Users Market Revenue Opportunity Forecast, 2020-2027 ($Mn)
Figure 32 AI in Healthcare by Region- Market Overview ($Mn)
Figure 33 AI in Healthcare by Region Share - 2022 & 2027 (%)
Figure 34 North America Market Revenue Opportunity Forecast, 2020-2027 ($Mn)
Figure 35 Europe AI in Healthcare Market Revenue Opportunity Forecast, 2020-2027 ($Mn)
Figure 36 Asia-Pacific AI in Healthcare Market Revenue Opportunity Forecast, 2020-2027 ($Mn)
Figure 37 ROW AI in Healthcare Market Revenue Opportunity Forecast, 2020-2027 ($Mn)

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • Microsoft
  • International business machines corp
  • Intel corp
  • Fujifilm holding corp