Artificial Intelligence in Medicine Market Industry Trends, Revenue Growth, Key Players Till 2030

Global Artificial Intelligence in Medicine Market size was valued at USD 1.2 Bn in 2022 and is expected to reach USD 4.61 Bn by 2029, at a CAGR of 21.2%.

Artificial Intelligence in Medicine Market Industry Outlook, Size, Growth Factors and Forecast 2030

Artificial Intelligence in Medicine   Market: size was valued at USD 1.2 Bn in 2022 and is expected to reach USD 4.61 Bn by 2029, at a CAGR of 21.2%.

Artificial Intelligence in Medicine Market Overview

The report serves as a comprehensive guide for investors, stakeholders, and market followers of the  Artificial Intelligence in Medicine    Market. It offers an in-depth analysis of the market size, segmentation, drivers, and restraints. Factors that are expected to impact the industry positively or negatively are also included, providing decision-makers with a clear understanding of the  Artificial Intelligence in Medicine    industry’s future outlook.

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Artificial Intelligence in Medicine  Market Report Scope and Research Methodology

The research for this report employs a combination of primary and secondary research methods to provide a detailed and accurate analysis of the   Artificial Intelligence in Medicine Market. The bottom-up approach is utilized to estimate the market size, while secondary research is used to identify key players in the market. Primary research involves conducting interviews with significant opinion leaders and industry experts, including business owners and marketing specialists. Secondary research involves a thorough review of the annual and financial reports of top manufacturers to calculate their market revenues.

Artificial Intelligence in Medicine Market Regional Insights :

The research includes a global-level regional analysis, providing a comprehensive understanding of the dominant market share and penetration in different regions. It also highlights emerging regions expected to become major markets for  Artificial Intelligence in Medicine    . The report encompasses a competitive analysis, focusing on growth models, new strategies, and technologies adopted by key players in the market.

Artificial Intelligence in Medicine Market Segmentation :

The market is divided into four segments based on technology: computer vision, natural language processing (NLP), deep learning, and generative artificial intelligence. Over the course of the forecast period, the deep learning category is anticipated to hold the greatest share of the artificial intelligence in medicine market. In order to enable early diagnosis of health disorders and to give healthcare professionals real-time insights, deep learning algorithms analyse continuous streams of patient data via wearable devices and sensors. In order to provide individualised treatment plans and treatments, deep learning models may evaluate patient data, including medical history and treatment outcomes. This is anticipated to accelerate the growth of the artificial intelligence in medicine market. Surgical robots with deep learning built in can help surgeons do operations with more accuracy and efficiency.

The market is divided into five segments based on application: virtual health assistants and chatbots, personalised treatment and care, drug discovery and development, medical imaging and diagnostics, remote patient monitoring, and healthcare analytics and research. Over the course of the forecast period, the Medical Imaging and Diagnostics segment is anticipated to lead the market. Artificial intelligence (AI) algorithms automatically identify and highlight regions of interest in medical pictures that might be indicative of abnormalities, tumours, or fractures. Radiologists and other medical specialists benefit from this automatic detection when making diagnoses. The use of artificial intelligence (AI) in medical imaging to improve research and clinical trials through the tracking of illness development, identification of suitable study participants, and evaluation of treatment outcomes is anticipated to accelerate the growth of the artificial intelligence in medicine market.

Artificial Intelligence in Medicine  Market Key Players :

1. IBM 2. Atomwise 3. Aicure Llc 4. Qventus, Inc 5. CloudMedX 6. IQVIA 7. Sense.Ly Inc. 8. Hindsait 9. General Electric (GE) Healthcare 10. Siemens Healthineers 11. Philips Healthcare 12. Microsoft 13. Nvidia 14. Medtronic 15. Intel Corporation 16. Cerner Corporation

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Key Offerings:

  • Past Market Size and Competitive Landscape (2018 to 2021)
  • Past Pricing and price curve by region (2018 to 2021)
  • Market Size, Share, Size & Forecast by different segment | 2022−2029
  • Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by region
  • Market Segmentation – A detailed analysis by segment with their sub-segments and Region
  • Competitive Landscape – Profiles of selected key players by region from a strategic perspective
  • Competitive landscape – Market Leaders, Market Followers, Regional player
  • Competitive benchmarking of key players by region
  • PESTLE Analysis
  • PORTER’s analysis
  • Value chain and supply chain analysis
  • Legal Aspects of business by region
  • Lucrative business opportunities with SWOT analysis
  • Recommendations

About Maximize Market Research:

Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.

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