Revolutionizing Healthcare: The Impact of Artificial Intelligence in Medicine

I project the AI in Healthcare Market to grow from USD 14.6 Billion in 2023 to USD 102.7 Billion by 2028; I expected it to grow at a CAGR of 47.6% during the forecast period. The generation of large and complex healthcare datasets, an increasing number of partnership and collaboration strategies are factors expected to boost the growth of the AI in Healthcare market in the next five years. However, medical practitioners’ reluctance to adopt AI-based technologies and chief concern regarding data privacy are projected to be the key challenges and restraining factors for the industry players.

Key players operating in the market include Intel Corporation (US), Koninklijke Philips N.V., (Netherlands), Microsoft (US), Siemens Healthineers (Germany), and NVIDIA Corporation (US), among others. The AI in the healthcare market is highly competitive with several global market players. Product launches and developments, acquisitions, collaborations, and expansions were among the major strategies adopted by these players to compete in the market.

Intel Corporation designs and manufactures key products and technologies that power the cloud and the smart, connected world. Intel’s technology innovations are enabling the healthcare sector with data-driven insights and artificial intelligence by introducing various tools and solutions to simplify AI deployment in healthcare. The company offers its AI related healthcare solutions for medical imaging, robotics in Healthcare, AI in telemedicine, predictive analytics, precision medicine and genomics, and digital pathology, among others. The companys key strategy is to invest in launching new processors and memory devices to cater to the needs of its healthcare clients, such as hospitals, clinics, and biotechnology and pharmaceutical companies. The company is continuously engaged in technology innovation with AI, robotics, and 5G to make healthcare and life science more connected and personalized. Regular updates of its software and hardware products that are already in the market help increase the performance of the AI infrastructure in various advanced medical applications. 

Ask for PDF Brochure —  https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=54679303

Microsoft offers its AI in healthcare solutions from the Intelligent Cloud segment. Microsoft Azure offers hybrid consistency, AI capabilities, and developer productivity, and improves customer security and compliance. For the health & life sciences industry, the company provides intelligent tools and solutions that empower clinical and operational efficiency and save costs. Azure Synapse Analytics, Azure Health GitHub Repo, Microsoft Healthcare bot, Azure API for FHIR, Azure AI and ML, and Azure IoT for Healthcare are scalable platforms that bring conversational AI to healthcare. Yammer (US), Mojang AB (Sweden), StorSimple (US), and Xamarin (US) are among the subsidiaries of Microsoft. 

Related Reports:

  1. Automated Border Control Market https://www.marketsandmarkets.com/Market-Reports/automated-border-control-market-24899883.html
  2. Artificial Intelligence Chipsets Market https://www.marketsandmarkets.com/Market-Reports/artificial-intelligence-chipset-market-237558655.html
  3. Infrared Detector Market https://www.marketsandmarkets.com/Market-Reports/ir-detector-market-161116561.html

Contact:
Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1–888–600–6441
sales@marketsandmarkets.com

Comments

Post a Comment

Popular posts from this blog

Cobots on the Rise: Collaborative Robots Powered by Artificial Intelligence

Image
  The integration of Artificial Intelligence (AI) in the manufacturing sector has brought about a transformative paradigm shift, revolutionizing traditional processes and ushering in the era of Industry 4.0. Artificial intelligence in manufacturing market has witnessed substantial growth, driven by the increasing demand for efficiency, precision, and automation across diverse manufacturing industries. One of the key drivers propelling the growth of AI in manufacturing is the pursuit of operational excellence. Manufacturers are leveraging AI technologies, including machine learning, computer vision, and robotics, to optimize production processes, enhance productivity, and reduce operational costs. AI-powered predictive analytics, for instance, allows manufacturers to anticipate equipment failures and schedule maintenance proactively, minimizing downtime and maximizing overall equipment effectiveness (OEE). Quality control is another critical area where AI is making significant inro...
Read more

Global Aged Care Market: Industry Analysis & Forecast 2020-2026, By Services, Assistive Devices and Region.

  Global Aged Care Market size was valued at USD 705.29 billion in 2019 and is expected to reach US $ xx billion by 2026, at a CAGR of xx% during a forecast period. Overcoming decades, pressures on the demand-side of the aged care market are expected to accentuate to improve service interfaces within and between aged care and other systems including acute care and disability services. The report covers the current estimated and forecasted data for the Global Aged Care Market on a global and regional level. The report provides an in-depth analysis of the Global Aged Care Market for the period 2019 – 2026, wherein 2019 is the base year and the period from 2020 to 2026 is the forecast period. Data for 2016- 2018 has been included as historical information. The study provides a detailed perspective on market growth, throughout the above forecast period in terms of revenue estimates (in US$ Bn), across the different geographies, which include North America (NA), Europe (EU), Asia Pacif...
Read more

Ceramic Tiles Market overview Research on Present State & Future Growth Prospects to 2030

  Ceramic Tiles Market Ceramic tiles are covering materials for roofs, walls, and floors and made of sand and other natural products. These tiles are molded to a customized shape by heating it in a kiln. They are durable and used for aesthetic appeal in various environments. The global ceramic tiles market report by Market Research Future (MRFR) provides a comprehensive analysis of various growth engines and hurdles to be faced by the industry for the period of 2017 to 2023 (forecast period). The COVID-19 pandemic and its implications are explored in detail in the report. Market Scope The global  ceramic tiles market  is slated to expand at an ascending pace during the forecast period. Increasing investments in infrastructural projects and utilization of ceramic tiles due to their durability can fare well for the market. This is facilitated by rapid urbanization and industrialization. Sustainability initiatives and aim for lowering carbon emissions can drive the demand fo...
Read more