Healthcare Artificial Intelligence Market Size By Application (Medical Imaging & Diagnosis, Drug Discovery, Therapy Planning, Hospital Workflow, Wearables, Virtual Assistants) Industry Analysis Report, Regional Outlook (U.S. Canada, UK, Germany, Spain, Italy, France, Russia, Netherlands, Sweden, China, India, Japan, Australia, Singapore, Brazil, Mexico, South Africa, Saudi Arabia), Application Potential, Competitive Market Share & Forecast, 2019 - 2025

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Healthcare Artificial Intelligence Market will exceed USD 13 billion by 2025; as per a new research report.

Advancements in big data analytics is the key impact rendering factor that drives the healthcare artificial intelligence market growth. Healthcare analytic solutions and software developed by key industry players help in reducing costs, provide better patient outcomes, detect as well as avoid preventable diseases and improve quality of life. Therefore, availability of machine learning algorithms such as neural networks, linear models and decision trees that are implemented in hospital industry positively impacts the healthcare artificial intelligence market. Moreover, integrating data analytics, machine learning and cloud technologies will enable remote monitoring of patients suffering from chronic diseases that will further favor the industry growth. 

Growing applications of AI for healthcare and research purposes, including detection of disease, management of chronic condition, delivery of health services and drug discovery will accelerate the healthcare artificial intelligence market growth over the forecast period. Key industry players operational in healthcare artificial intelligence market focus on developing technologically upgraded solutions that will positively influence its demand. For instance, healthcare professionals in developing economies with large population mostly rely on upgraded software and solutions that augments the demand for recently developed AI solutions and software. However, high initial capital requirement to digitalize untapped healthcare market may impede healthcare artificial intelligence industry growth over the coming years.

Drug discovery held 27.1% revenue share in 2018 and it is anticipated to experience significant growth during the analysis period. Stupendous segmental revenue share is attributed to capability of software and solutions integrated with AI that facilitates the drug discovery process. These solutions enables identification as well as screening of molecules rapidly and effectively. Additionally, recently developed solutions also have pivotal role in effective drug designing that should spur the segment growth.

U.S. artificial intelligence market dominated the North America region with more than 90% revenue share in 2018. Considerable revenue share is attributed to high adoption of innovative healthcare technologies such as big data in disease diagnosis. Hospitals covered under public healthcare  systems in the U.S. have considerable adoption of AI solutions for managing and processing large amount of patient data that will prove beneficial for the industry growth. Moreover,  several government initiatives and favorable regulations augment the industry growth.

UK artificial intelligence market will grow at 42.4% during the analysis period. Increasing adoption of artificial intelligence in research area coupled with continuous technological upgradations in healthcare industry will fuel industry expansion. Furthermore, numerous efforts undertaken by local industry players such as arrangement of workshops to escalate awareness regarding availability of AI platforms amongst the healthcare professionals will trigger industry growth. 

Chief players in healthcare artificial intelligence market include Aicure, Atomwise, Cyrcardia Health, IBM Watson Health, Lifegraph, Sensely, Sophia Genetics, Zebra Medical vision, Welltok, Pathway Genomics, Enlitic, Insilico Medicine. Industry players are mainly focusing on inorganic strategies such as partnerships, merger and acquisitions to maintain their market position as well as to strengthen product portfolio. For instance, in April 2017, Asea Brown Boveri, a Zurich based technology company entered into a strategic partnership with IBM Watson. This strategic partnership will bring along together ABB?s ?digital offering ABB ability? with IBM Watson to help cater solutions in transport, infrastructure, industry or utilities. Partnerships and collaborations with companies having strong foothold in providing AI solutions will render IBM Watson with competitive advantage.
Report Content
 
 Chapter 1. Methodology
 
 1.1. Methodology
 
 1.2. Market definitions
 
 1.3. Forecast parameters
 
 1.4. Data sources
 
 1.4.1. Secondary
 
 1.4.1.1. Paid sources
 
 1.4.1.2. Unpaid sources
 
 1.4.2. Primary
 
 Chapter 2. Executive Summary
 
 2.1. Healthcare artificial intelligence industry 360 degree synopsis, 2014 - 2025
 
 2.1.1. Application trends
 
 2.1.2. Regional trends
 
 Chapter 3. Healthcare Artificial Intelligence Industry Insights
 
 3.1. Industry segmentation
 
 3.2. Industry landscape, 2014 - 2025
 
 3.3. Industry impact forces
 
 3.3.1. Growth drivers
 
 3.3.1.1. Rising adoption of healthcare artificial intelligence in research areas
 
 3.3.1.2. Increasing range of future applications
 
 3.3.1.3. Advancements in big data analytics
 
 3.3.1.4. Favorable funding scenario in China and Singapore
 
 3.3.1.5. Potential to increase quality of care delivery
 
 3.3.2. Industry pitfalls and challenges
 
 3.3.2.1. High initial capital requirement
 
 3.3.2.2. Large scale human unemployment
 
 3.3.2.3. Difficulty in deployment
 
 3.3.2.4. Start-up scenario
 
 3.4. Healthcare artificial intelligence projects
 
 3.5. Microsoft announced new AI-powered health bot project
 
 3.5.1. iCarbonX heads consortium using artificial
 
 3.5.2. Orbital Media develops cutting edge artificial intelligence technologies
 
 3.5.3. Partners HealthCare and GE collaborates
 
 3.6. Medical and technological advancements
 
 3.6.1. U.S.
 
 3.6.2. Europe
 
 3.6.3. Asia Pacific
 
 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. Porter's analysis
 
 3.10. Competitive landscape, 2017
 
 3.10.1. Strategy dashboard
 
 3.11. PESTEL analysis
 
 Chapter 4. Healthcare Artificial Intelligence Market, By Application
 
 4.1. Key segment trends
 
 4.2. Medical imaging & diagnosis
 
 4.2.1. Market size, by region, 2014-2025 (USD Million)
 
 4.3. Drug discovery
 
 4.3.1. Market size, by region, 2014-2025 (USD Million)
 
 4.4. Therapy planning
 
 4.4.1. Market size, by region, 2014-2025(USD Million)
 
 4.5. Hospital workflow
 
 4.5.1. Market size, by region, 2014-2025 (USD Million)
 
 4.6. Wearables
 
 4.6.1. Market size, by region, 2014-2025 (USD Million)
 
 4.7. Virtual Assistants
 
 4.7.1. Market size, by region, 2014-2025 (USD Million)
 
 4.8. Others
 
 4.8.1. Market size, by region, 2014-2025 (USD Million)
 
 Chapter 5. Healthcare Artificial Intelligence Market, By Region
 
 5.1. Key regional market
 
 5.2. North America
 
 5.2.1. Market size, by country, 2014 - 2025 (USD Million)
 
 5.2.2. Market size, by application, 2014 - 2025 (USD Million)
 
 5.2.3. U.S.
 
 5.2.3.1. Market size, by application, 2014 - 2025 (USD Million)
 
 5.2.4. Canada
 
 5.2.4.1. Market size, by application, 2014 - 2025 (USD Million)
 
 5.3. Europe
 
 5.3.1. Market size, by country, 2014 - 2025 (USD Million)
 
 5.3.2. Market size, by application, 2014 - 2025 (USD Million)
 
 5.3.3. Germany
 
 5.3.3.1. Market size, by application, 2014 - 2025 (USD Million)
 
 5.3.4. UK
 
 5.3.4.1. Market size, by application, 2014 - 2025 (USD Million)
 
 5.3.5. France
 
 5.3.5.1. Market size, by application, 2014 - 2025 (USD Million)
 
 5.3.6. Spain
 
 5.3.6.1. Market size, by application, 2014 - 2025 (USD Million)
 
 5.3.7. Italy
 
 5.3.7.1. Market size, by application, 2014 - 2025 (USD Million)
 
 5.3.8. Russia
 
 5.3.8.1. Market size, by application, 2014 - 2025 (USD Million)
 
 5.3.9. The Netherlands
 
 5.3.9.1. Market size, by application, 2014 - 2025 (USD Million)
 
 5.3.10. Sweden
 
 5.3.10.1. Market size, by application, 2014 - 2025 (USD Million)
 
 5.4. Asia Pacific
 
 5.4.1. Market size, by country, 2014 - 2025 (USD Million)
 
 5.4.2. Market size, by application, 2014 - 2025 (USD Million)
 
 5.4.3. China
 
 5.4.3.1. Market size, by application, 2014 - 2025 (USD Million)
 
 5.4.4. Japan
 
 5.4.4.1. Market size, by application, 2014 - 2025 (USD Million)
 
 5.4.5. India
 
 5.4.5.1. Market size, by application, 2014 - 2025 (USD Million)
 
 5.4.6. Australia
 
 5.4.6.1. Market size, by application, 2014 - 2025 (USD Million)
 
 5.4.7. Singapore
 
 5.4.7.1. Market size, by application, 2014 - 2025 (USD Million)
 
 5.5. Latin America
 
 5.5.1. Market size, by country, 2014 - 2025 (USD Million)
 
 5.5.2. Market size, by application, 2014 - 2025 (USD Million)
 
 5.5.3. Brazil
 
 5.5.3.1. Market size, by application, 2014 - 2025 (USD Million)
 
 5.5.4. Mexico
 
 5.5.4.1. Market size, by application, 2014 - 2025 (USD Million)
 
 5.6. MEA
 
 5.6.1. Market size, by country, 2014 - 2025 (USD Million)
 
 5.6.2. Market size, by application, 2014 - 2025 (USD Million)
 
 5.6.3. South Africa
 
 5.6.3.1. Market size, by application, 2014 - 2025 (USD Million)
 
 5.6.4. UAE
 
 5.6.4.1. Market size, by application, 2014 - 2025 (USD Million)
 
 5.6.5. Saudi Arabia
 
 5.6.5.1. Market size, by application, 2014 - 2025 (USD Million)
 
 Chapter 6. Company Profiles
 
 6.1. AiCure
 
 6.1.1. Business overview
 
 6.1.2. Financial data
 
 6.1.3. Product landscape
 
 6.1.4. Strategic outlook
 
 6.1.5. SWOT analysis
 
 6.2. APIXIO, Inc.
 
 6.2.1. Business overview
 
 6.2.2. Financial data
 
 6.2.3. Product landscape
 
 6.2.4. Strategic outlook
 
 6.2.5. SWOT analysis
 
 6.3. Atomwise, Inc.
 
 6.3.1. Business overview
 
 6.3.2. Financial data
 
 6.3.3. Product landscape
 
 6.3.4. Strategic outlook
 
 6.3.5. SWOT analysis
 
 6.4. Butterfly Network, Inc
 
 6.4.1. Business overview
 
 6.4.2. Financial data
 
 6.4.3. Product landscape
 
 6.4.4. Strategic outlook
 
 6.4.5. SWOT analysis
 
 6.5. Cyrcadia Health Inc.
 
 6.5.1. Business overview
 
 6.5.2. Financial data
 
 6.5.3. Product landscape
 
 6.5.4. Strategic outlook
 
 6.5.5. SWOT analysis
 
 6.6. Enlitic, Inc.
 
 6.6.1. Business overview
 
 6.6.2. Financial data
 
 6.6.3. Product landscape
 
 6.6.4. Strategic outlook
 
 6.6.5. SWOT analysis
 
 6.7. IBM (Watson Health)
 
 6.7.1. Business overview
 
 6.7.2. Financial data
 
 6.7.3. Product landscape
 
 6.7.4. Strategic outlook
 
 6.7.5. SWOT analysis
 
 6.8. iCarbonX
 
 6.8.1. Business overview
 
 6.8.2. Financial data
 
 6.8.3. Product landscape
 
 6.8.4. Strategic outlook
 
 6.8.5. SWOT analysis
 
 6.9. Insilico Medicine, Inc.
 
 6.9.1. Business overview
 
 6.9.2. Financial data
 
 6.9.3. Product landscape
 
 6.9.4. Strategic outlook
 
 6.9.5. SWOT analysis
 
 6.10. Lifegraph
 
 6.10.1. Business overview
 
 6.10.2. Financial data
 
 6.10.3. Product landscape
 
 6.10.4. Strategic outlook
 
 6.10.5. SWOT analysis
 
 6.11. Modernizing Medicine
 
 6.11.1. Business overview
 
 6.11.2. Financial data
 
 6.11.3. Product landscape
 
 6.11.4. Strategic outlook
 
 6.11.5. SWOT analysis
 
 6.12. Pathway Genomics Corporation
 
 6.12.1. Business overview
 
 6.12.2. Financial data
 
 6.12.3. Product landscape
 
 6.12.4. Strategic outlook
 
 6.12.5. SWOT analysis
 
 6.13. Sense.ly
 
 6.13.1. Business overview
 
 6.13.2. Financial data
 
 6.13.3. Product landscape
 
 6.13.4. Strategic outlook
 
 6.13.5. SWOT analysis
 
 6.14. Sophia Genetics
 
 6.14.1. Business overview
 
 6.14.2. Financial data
 
 6.14.3. Product landscape
 
 6.14.4. Strategic outlook
 
 6.14.5. SWOT analysis
 
 6.15. Welltok
 
 6.15.1. Business overview
 
 6.15.2. Financial data
 
 6.15.3. Product landscape
 
 6.15.4. Strategic outlook
 
 6.15.5. SWOT analysis
 
 6.16. Zebra Medical Vision Ltd
 
 6.16.1. Business overview
 
 6.16.2. Financial data
 
 6.16.3. Product landscape
 
 6.16.4. Strategic outlook
 
 6.16.5. SWOT analysis

Data Tables TABLE 1 Healthcare artificial intelligence industry 360 0 synopsis, 2014 - 2025 TABLE 2 Healthcare artificial intelligence market, 2014-2018 (USD Million) TABLE 3 Healthcare artificial intelligence market, 2019-2025 (USD Million) TABLE 4 Healthcare artificial intelligence market, by application, 2014-2018 (USD Million) TABLE 5 Healthcare artificial intelligence market, by application, 2019-2025 (USD Million) TABLE 6 Healthcare artificial intelligence market, by region, 2014-2018 (USD Million) TABLE 7 Healthcare artificial intelligence market, by region, 2019-2025 (USD Million) TABLE 8 Industry impact forces TABLE 9 Medical imaging & diagnosis market size, by region, 2014-2018 (USD Million) TABLE 10 Medical imaging & diagnosis market size, by region, 2019-2025 (USD Million) TABLE 11 Drug discovery market size, by region, 2014-2018 (USD Million) TABLE 12 Drug discovery market size, by region, 2019-2025 (USD Million) TABLE 13 Therapy planning market size, by region, 2014-2018 (USD Million) TABLE 14 Therapy planning market size, by region, 2019-2025 (USD Million) TABLE 15 Hospital workflow market size, by region, 2014-2018 (USD Million) TABLE 16 Hospital workflow market size, by region, 2019-2025 (USD Million) TABLE 17 Wearables market size, by region, 2014-2018 (USD Million) TABLE 18 Wearables market size, by region, 2019-2025 (USD Million) TABLE 19 Virtual assistants market size, by region, 2014-2018 (USD Million) TABLE 20 Virtual assistants market size, by region, 2019-2025 (USD Million) TABLE 21 Others market size, by region, 2014-2018 (USD Million) TABLE 22 Others market size, by region, 2019-2025 (USD Million) TABLE 23 North America healthcare artificial intelligence size, by country, 2014-2018 (USD Million) TABLE 24 North America healthcare artificial intelligence size, by country, 2019-2025 (USD Million) TABLE 25 North America healthcare artificial intelligence size, by application, 2014-2018 (USD Million) TABLE 26 North America healthcare artificial intelligence size, by application, 2019-2025 (USD Million) TABLE 27 U.S. healthcare artificial intelligence size, by application, 2014-2018 (USD Million) TABLE 28 U.S. healthcare artificial intelligence size, by application, 2019-2025 (USD Million) TABLE 29 Canada healthcare artificial intelligence size, by application, 2014-2018 (USD Million) TABLE 30 Canada healthcare artificial intelligence size, by application, 2019-2025 (USD Million) TABLE 31 Europe healthcare artificial intelligence size, by country, 2014-2018 (USD Million) TABLE 32 Europe healthcare artificial intelligence size, by country, 2019-2025 (USD Million) TABLE 33 Europe healthcare artificial intelligence size, by application, 2014-2018 (USD Million) TABLE 34 Europe healthcare artificial intelligence size, by application, 2019-2025 (USD Million) TABLE 35 Germany healthcare artificial intelligence size, by application, 2014-2018 (USD Million) TABLE 36 Germany healthcare artificial intelligence size, by application, 2019-2025 (USD Million) TABLE 37 France healthcare artificial intelligence size, by application, 2014-2018 (USD Million) TABLE 38 France healthcare artificial intelligence size, by application, 2019-2025 (USD Million) TABLE 39 UK healthcare artificial intelligence size, by application, 2014-2018 (USD Million) TABLE 40 UK healthcare artificial intelligence size, by application, 2019-2025 (USD Million) TABLE 41 Italy healthcare artificial intelligence size, by application, 2014-2018 (USD Million) TABLE 42 Italy healthcare artificial intelligence size, by application, 2019-2025 (USD Million) TABLE 43 Spain healthcare artificial intelligence size, by application, 2014-2018 (USD Million) TABLE 44 Spain healthcare artificial intelligence size, by application, 2019-2025 (USD Million) TABLE 45 Russia healthcare artificial intelligence size, by application, 2014-2018 (USD Million) TABLE 46 Russia healthcare artificial intelligence size, by application, 2019-2025 (USD Million) TABLE 47 The Netherlands healthcare artificial intelligence size, by application, 2014-2018 (USD Million) TABLE 48 The Netherlands healthcare artificial intelligence size, by application, 2019-2025 (USD Million) TABLE 49 Sweden healthcare artificial intelligence size, by application, 2014-2018 (USD Million) TABLE 50 Sweden healthcare artificial intelligence size, by application, 2019-2025 (USD Million) TABLE 51 Asia Pacific healthcare artificial intelligence size, by country, 2014-2018 (USD Million) TABLE 52 Asia Pacific healthcare artificial intelligence size, by country, 2019-2025 (USD Million) TABLE 53 Asia Pacific healthcare artificial intelligence size, by application, 2014-2018 (USD Million) TABLE 54 Asia Pacific healthcare artificial intelligence size, by application, 2019-2025 (USD Million) TABLE 55 Japan healthcare artificial intelligence size, by application, 2014-2018 (USD Million) TABLE 56 Japan healthcare artificial intelligence size, by application, 2019-2025 (USD Million) TABLE 57 India healthcare artificial intelligence size, by application, 2014-2018 (USD Million) TABLE 58 India healthcare artificial intelligence size, by application, 2019-2025 (USD Million) TABLE 59 China healthcare artificial intelligence size, by application, 2014-2018 (USD Million) TABLE 60 China healthcare artificial intelligence size, by application, 2019-2025 (USD Million) TABLE 61 Australia healthcare artificial intelligence size, by application, 2014-2018 (USD Million) TABLE 62 Australia healthcare artificial intelligence size, by application, 2019-2025 (USD Million) TABLE 63 Singapore healthcare artificial intelligence size, by application, 2014-2018 (USD Million) TABLE 64 Singapore healthcare artificial intelligence size, by application, 2019-2025 (USD Million) TABLE 65 Latin America healthcare artificial intelligence size, by country, 2014-2018 (USD Million) TABLE 66 Latin America healthcare artificial intelligence size, by country, 2019-2025 (USD Million) TABLE 67 Latin America healthcare artificial intelligence size, by application, 2014-2018 (USD Million) TABLE 68 Latin America healthcare artificial intelligence size, by application, 2019-2025 (USD Million) TABLE 69 Brazil healthcare artificial intelligence size, by application, 2014-2018 (USD Million) TABLE 70 Brazil healthcare artificial intelligence size, by application, 2019-2025 (USD Million) TABLE 71 Mexico healthcare artificial intelligence size, by application, 2014-2018 (USD Million) TABLE 72 Mexico healthcare artificial intelligence size, by application, 2019-2025 (USD Million) TABLE 73 MEA healthcare artificial intelligence size, by country, 2014-2018 (USD Million) TABLE 74 MEA healthcare artificial intelligence size, by country, 2019-2025 (USD Million) TABLE 75 MEA healthcare artificial intelligence size, by application, 2014-2018 (USD Million) TABLE 76 MEA healthcare artificial intelligence size, by application, 2019-2025 (USD Million) TABLE 77 Saudi Arabia healthcare artificial intelligence size, by application, 2014-2018 (USD Million) TABLE 78 Saudi Arabia healthcare artificial intelligence size, by application, 2019-2025 (USD Million) TABLE 79 South Africa healthcare artificial intelligence size, by application, 2014-2018 (USD Million) TABLE 80 South Africa healthcare artificial intelligence size, by application, 2019-2025 (USD Million) Charts & Figures FIG. 1 Industry segmentation FIG. 2 Healthcare artificial intelligence market, 2014 - 2025 (USD Million) FIG. 3 Growth potential analysis, by application FIG. 4 Porter's analysis FIG. 5 Strategy dashboard, 2017 FIG. 6 Patent filings, by type of organization FIG. 7 Patent filings, by type of assistance FIG. 8 PESTEL analysis

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