Healthcare Artificial Intelligence Software Market OverviewArtificial intelligence is a combination of software programs with algorithms that can replicate human senses in analyzing medical data. Additionally, AI helps not only in diagnosis procedures but also help in drug development, making personalized medicine, and continuous monitoring of patients. Currently, several pioneering technology vendors are mainly focusing on the development of AI algorithms for the healthcare sector and the market is prospering for the same. All these significant factors are accountable for the growth of the global healthcare artificial intelligence software market.
Moreover, other factors such as larger new possibilities with big data, the capability of AI to improve patient care, the strong disparity between the mass of patients and healthcare professionals, and possibilities of reducing medical costs are anticipated to boost the demand for AI in the healthcare sector. Ultimately, it will be positively affecting the market’s development in the forthcoming period.
However, factors such as the unwillingness of medical practitioners to adopting new technologies, lack of universal regulatory strategies, lack of curated healthcare data, and concerns regarding data privacy are expected to hold back the Market’s development.
Healthcare Artificial Intelligence Software Market Segment OverviewBased on the application, the medical imaging & diagnostics segment shows remarkable growth in the market. This is mainly due to the presence of a large volume of imaging data, advantages offered by AI systems to radiologists in diagnosis and treatment management as well as the influx of a large number of startups in this segment. Additionally, Machine learning in the Healthcare Artificial Intelligence Software market is expected to grow at the highest CAGR during the forecast period. This is attributed to the increasing adoption of deep learning in several healthcare applications such as in medical imaging, disease diagnostics, and drug discovery. Also, the use of different sensors and devices to track a patient’s health status in real-time is contributing to the growth of the market.
Furthermore, the ongoing COVID-19 pandemic, coupled with fovarable government initiatives, rising importance of precision medicine, increasing number of cross-industry collaborations, growing venture capital investments, and increasing old age population are some of the other remarkable points directly affecting the growth of the market in a positive way.
Healthcare Artificial Intelligence Software Market Regional OverviewNorth America accounts for a major share in the Healthcare AI Software market. This is due to the early adoption of new technology, presence of a number of pioneering companies in this region. Whereas, Europe is another main region for the vendors of Healthcare AI Software. Similarly, Asia Pacific is expected to witness steady growth in the market. The developing countries such as Japan, South Korea, China, and India are anticipated to create decent demand over the forecast period.
Healthcare Artificial Intelligence Software Market Competitor overview· In August 2020, Digital Diagnostics Inc., a pioneering global healthcare autonomous artificial intelligence (AI) company formerly known as IDx, announced it has acquired 3Derm Systems, Inc. of Boston, MA. This acquisition makes Digital Diagnostics the global leader in healthcare autonomous AI.
· In April 2020, Microsoft is dedicated $20 million to advance the use of artificial intelligence and data science in COVID-19 research, with a particular focus on diagnostics, hospital resources, and other critical areas.
Healthcare Artificial Intelligence Software Market, Key Players· IBM Corporation
· Welltok, Inc.
· Intel Corporation
· Google, Inc.
· Next IT Corp.
· Microsoft Corporation
· General Electric Company
· Medtronic PLC
· Koninklijke Philips N.V.
· Nuance Communications, Inc.
· NVIDIA Corporation
· DeepMind Technologies Limited
Healthcare Artificial Intelligence Software Market SegmentationHealthcare Artificial Intelligence Software Market, By Software
- AI Solutions
- AI Platform
- Machine Learning Framework
- Application Program Interface
- Services
- Deployment & Integration
- Support & Maintenance
Healthcare Artificial Intelligence Software Market, By Technology
· Querying Method
· Deep Learning
· Context Aware Processing
· Natural Language Processing
Healthcare Artificial Intelligence Software Market, By Application
· Wearables
· Virtual Assistant
· Research and Drug Discovery
· In-Patient Care
· Hospital Management
· Medical Imaging and Diagnosis
· Precision Medicine
· Lifestyle Management and Monitoring
· Patient Data and Risk Analysis
Healthcare Artificial Intelligence Software Market, By Region:
- North America
- Europe
- UK
- Germany
- France
- Italy
- Spain
- Rest of Europe
- Asia-Pacific
- Japan
- China
- India
- Australia
- South Korea
- Rest of Asia-Pacific
- South America
- Brazil
- Argentina
- Rest of South America
- Middle East and Africa
- GCC
- South Africa
- Rest of Middle East and Africa
List of Figures
Figure 1: Global Healthcare Artificial Intelligence Software Market Revenue Breakdown (USD Billion, %) by Region, 2019 & 2027
Figure 2: Global Healthcare Artificial Intelligence Software Market Value Share (%), By Segment 1, 2019 & 2027
Figure 3: Global Healthcare Artificial Intelligence Software Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 4: Global Healthcare Artificial Intelligence Software Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 5: Global Healthcare Artificial Intelligence Software Market Value Share (%), By Segment 2, 2019 & 2027
Figure 6: Global Healthcare Artificial Intelligence Software Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 7: Global Healthcare Artificial Intelligence Software Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 8: Global Healthcare Artificial Intelligence Software Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
Figure 9: Global Healthcare Artificial Intelligence Software Market Forecast (USD Billion), by Others, 2016-2027
Figure 10: Global Healthcare Artificial Intelligence Software Market Value Share (%), By Segment 3, 2019 & 2027
Figure 11: Global Healthcare Artificial Intelligence Software Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 12: Global Healthcare Artificial Intelligence Software Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 13: Global Healthcare Artificial Intelligence Software Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
Figure 14: Global Healthcare Artificial Intelligence Software Market Forecast (USD Billion), by Others, 2016-2027
Figure 15: Global Healthcare Artificial Intelligence Software Market Value (USD Billion), by Region, 2019 & 2027
Figure 16: North America Healthcare Artificial Intelligence Software Market Value Share (%), By Segment 1, 2019 & 2027
Figure 17: North America Healthcare Artificial Intelligence Software Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 18: North America Healthcare Artificial Intelligence Software Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 19: North America Healthcare Artificial Intelligence Software Market Value Share (%), By Segment 2, 2019 & 2027
Figure 20: North America Healthcare Artificial Intelligence Software Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 21: North America Healthcare Artificial Intelligence Software Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 22: North America Healthcare Artificial Intelligence Software Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
Figure 23: North America Healthcare Artificial Intelligence Software Market Forecast (USD Billion), by Others, 2016-2027
Figure 24: North America Healthcare Artificial Intelligence Software Market Value Share (%), By Segment 3, 2019 & 2027
Figure 25: North America Healthcare Artificial Intelligence Software Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 26: North America Healthcare Artificial Intelligence Software Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 27: North America Healthcare Artificial Intelligence Software Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
Figure 28: North America Healthcare Artificial Intelligence Software Market Forecast (USD Billion), by Others, 2016-2027
Figure 29: North America Healthcare Artificial Intelligence Software Market Forecast (USD Billion), by U.S., 2016-2027
Figure 30: North America Healthcare Artificial Intelligence Software Market Forecast (USD Billion), by Canada, 2016-2027
Figure 31: Latin America Healthcare Artificial Intelligence Software Market Value Share (%), By Segment 1, 2019 & 2027
Figure 32: Latin America Healthcare Artificial Intelligence Software Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 33: Latin America Healthcare Artificial Intelligence Software Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 34: Latin America Healthcare Artificial Intelligence Software Market Value Share (%), By Segment 2, 2019 & 2027
Figure 35: Latin America Healthcare Artificial Intelligence Software Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 36: Latin America Healthcare Artificial Intelligence Software Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 37: Latin America Healthcare Artificial Intelligence Software Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
Figure 38: Latin America Healthcare Artificial Intelligence Software Market Forecast (USD Billion), by Others, 2016-2027
Figure 39: Latin America Healthcare Artificial Intelligence Software Market Value Share (%), By Segment 3, 2019 & 2027
Figure 40: Latin America Healthcare Artificial Intelligence Software Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 41: Latin America Healthcare Artificial Intelligence Software Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 42: Latin America Healthcare Artificial Intelligence Software Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
Figure 43: Latin America Healthcare Artificial Intelligence Software Market Forecast (USD Billion), by Others, 2016-2027
Figure 44: Latin America Healthcare Artificial Intelligence Software Market Forecast (USD Billion), by Brazil, 2016-2027
Figure 45: Latin America Healthcare Artificial Intelligence Software Market Forecast (USD Billion), by Mexico, 2016-2027
Figure 46: Latin America Healthcare Artificial Intelligence Software Market Forecast (USD Billion), by Rest of Latin America, 2016-2027
Figure 47: Europe Healthcare Artificial Intelligence Software Market Value Share (%), By Segment 1, 2019 & 2027
Figure 48: Europe Healthcare Artificial Intelligence Software Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 49: Europe Healthcare Artificial Intelligence Software Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 50: Europe Healthcare Artificial Intelligence Software Market Value Share (%), By Segment 2, 2019 & 2027
Figure 51: Europe Healthcare Artificial Intelligence Software Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 52: Europe Healthcare Artificial Intelligence Software Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 53: Europe Healthcare Artificial Intelligence Software Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
Figure 54: Europe Healthcare Artificial Intelligence Software Market Forecast (USD Billion), by Others, 2016-2027
Figure 55: Europe Healthcare Artificial Intelligence Software Market Value Share (%), By Segment 3, 2019 & 2027
Figure 56: Europe Healthcare Artificial Intelligence Software Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 57: Europe Healthcare Artificial Intelligence Software Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 58: Europe Healthcare Artificial Intelligence Software Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
Figure 59: Europe Healthcare Artificial Intelligence Software Market Forecast (USD Billion), by Others, 2016-2027
Figure 60: Europe Healthcare Artificial Intelligence Software Market Forecast (USD Billion), by U.K., 2016-2027
Figure 61: Europe Healthcare Artificial Intelligence Software Market Forecast (USD Billion), by Germany, 2016-2027
Figure 62: Europe Healthcare Artificial Intelligence Software Market Forecast (USD Billion), by France, 2016-2027
Figure 63: Europe Healthcare Artificial Intelligence Software Market Forecast (USD Billion), by Italy, 2016-2027
Figure 64: Europe Healthcare Artificial Intelligence Software Market Forecast (USD Billion), by Spain, 2016-2027
Figure 65: Europe Healthcare Artificial Intelligence Software Market Forecast (USD Billion), by Russia, 2016-2027
Figure 66: Europe Healthcare Artificial Intelligence Software Market Forecast (USD Billion), by Rest of Europe, 2016-2027
Figure 67: Asia Pacific Healthcare Artificial Intelligence Software Market Value Share (%), By Segment 1, 2019 & 2027
Figure 68: Asia Pacific Healthcare Artificial Intelligence Software Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 69: Asia Pacific Healthcare Artificial Intelligence Software Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 70: Asia Pacific Healthcare Artificial Intelligence Software Market Value Share (%), By Segment 2, 2019 & 2027
Figure 71: Asia Pacific Healthcare Artificial Intelligence Software Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 72: Asia Pacific Healthcare Artificial Intelligence Software Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 73: Asia Pacific Healthcare Artificial Intelligence Software Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
Figure 74: Asia Pacific Healthcare Artificial Intelligence Software Market Forecast (USD Billion), by Others, 2016-2027
Figure 75: Asia Pacific Healthcare Artificial Intelligence Software Market Value Share (%), By Segment 3, 2019 & 2027
Figure 76: Asia Pacific Healthcare Artificial Intelligence Software Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 77: Asia Pacific Healthcare Artificial Intelligence Software Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 78: Asia Pacific Healthcare Artificial Intelligence Software Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
Figure 79: Asia Pacific Healthcare Artificial Intelligence Software Market Forecast (USD Billion), by Others, 2016-2027
Figure 80: Asia Pacific Healthcare Artificial Intelligence Software Market Forecast (USD Billion), by China, 2016-2027
Figure 81: Asia Pacific Healthcare Artificial Intelligence Software Market Forecast (USD Billion), by India, 2016-2027
Figure 82: Asia Pacific Healthcare Artificial Intelligence Software Market Forecast (USD Billion), by Japan, 2016-2027
Figure 83: Asia Pacific Healthcare Artificial Intelligence Software Market Forecast (USD Billion), by Australia, 2016-2027
Figure 84: Asia Pacific Healthcare Artificial Intelligence Software Market Forecast (USD Billion), by Southeast Asia, 2016-2027
Figure 85: Asia Pacific Healthcare Artificial Intelligence Software Market Forecast (USD Billion), by Rest of Asia Pacific, 2016-2027
Figure 86: Middle East & Africa Healthcare Artificial Intelligence Software Market Value Share (%), By Segment 1, 2019 & 2027
Figure 87: Middle East & Africa Healthcare Artificial Intelligence Software Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 88: Middle East & Africa Healthcare Artificial Intelligence Software Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 89: Middle East & Africa Healthcare Artificial Intelligence Software Market Value Share (%), By Segment 2, 2019 & 2027
Figure 90: Middle East & Africa Healthcare Artificial Intelligence Software Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 91: Middle East & Africa Healthcare Artificial Intelligence Software Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 92: Middle East & Africa Healthcare Artificial Intelligence Software Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
Figure 93: Middle East & Africa Healthcare Artificial Intelligence Software Market Forecast (USD Billion), by Others, 2016-2027
Figure 94: Middle East & Africa Healthcare Artificial Intelligence Software Market Value Share (%), By Segment 3, 2019 & 2027
Figure 95: Middle East & Africa Healthcare Artificial Intelligence Software Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 96: Middle East & Africa Healthcare Artificial Intelligence Software Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 97: Middle East & Africa Healthcare Artificial Intelligence Software Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
Figure 98: Middle East & Africa Healthcare Artificial Intelligence Software Market Forecast (USD Billion), by Others, 2016-2027
Figure 99: Middle East & Africa Healthcare Artificial Intelligence Software Market Forecast (USD Billion), by GCC, 2016-2027
Figure 100: Middle East & Africa Healthcare Artificial Intelligence Software Market Forecast (USD Billion), by South Africa, 2016-2027
Figure 101: Middle East & Africa Healthcare Artificial Intelligence Software Market Forecast (USD Billion), by Rest of Middle East & Africa, 2016-2027
List of Tables
Table 1: Global Healthcare Artificial Intelligence Software Market Revenue (USD Billion) Forecast, by Segment 1, 2016-2027
Table 2: Global Healthcare Artificial Intelligence Software Market Revenue (USD Billion) Forecast, by Segment 2, 2016-2027
Table 3: Global Healthcare Artificial Intelligence Software Market Revenue (USD Billion) Forecast, by Segment 3, 2016-2027
Table 4: Global Healthcare Artificial Intelligence Software Market Revenue (USD Billion) Forecast, by Region, 2016-2027
Table 5: North America Healthcare Artificial Intelligence Software Market Revenue (USD Billion) Forecast, by Segment 1, 2016-2027
Table 6: North America Healthcare Artificial Intelligence Software Market Revenue (USD Billion) Forecast, by Segment 2, 2016-2027
Table 7: North America Healthcare Artificial Intelligence Software Market Revenue (USD Billion) Forecast, by Segment 3, 2016-2027
Table 8: North America Healthcare Artificial Intelligence Software Market Revenue (USD Billion) Forecast, by Country, 2016-2027
Table 9: Europe Healthcare Artificial Intelligence Software Market Revenue (USD Billion) Forecast, by Segment 1, 2016-2027
Table 10: Europe Healthcare Artificial Intelligence Software Market Revenue (USD Billion) Forecast, by Segment 2, 2016-2027
Table 11: Europe Healthcare Artificial Intelligence Software Market Revenue (USD Billion) Forecast, by Segment 3, 2016-2027
Table 12: Europe Healthcare Artificial Intelligence Software Market Revenue (USD Billion) Forecast, by Country, 2016-2027
Table 13: Latin America Healthcare Artificial Intelligence Software Market Revenue (USD Billion) Forecast, by Segment 1, 2016-2027
Table 14: Latin America Healthcare Artificial Intelligence Software Market Revenue (USD Billion) Forecast, by Segment 2, 2016-2027
Table 15: Latin America Healthcare Artificial Intelligence Software Market Revenue (USD Billion) Forecast, by Segment 3, 2016-2027
Table 16: Latin America Healthcare Artificial Intelligence Software Market Revenue (USD Billion) Forecast, by Country, 2016-2027
Table 17: Asia Pacific Healthcare Artificial Intelligence Software Market Revenue (USD Billion) Forecast, by Segment 1, 2016-2027
Table 18: Asia Pacific Healthcare Artificial Intelligence Software Market Revenue (USD Billion) Forecast, by Segment 2, 2016-2027
Table 19: Asia Pacific Healthcare Artificial Intelligence Software Market Revenue (USD Billion) Forecast, by Segment 3, 2016-2027
Table 20: Asia Pacific Healthcare Artificial Intelligence Software Market Revenue (USD Billion) Forecast, by Country, 2016-2027
Table 21: Middle East & Africa Healthcare Artificial Intelligence Software Market Revenue (USD Billion) Forecast, by Segment 1, 2016-2027
Table 22: Middle East & Africa Healthcare Artificial Intelligence Software Market Revenue (USD Billion) Forecast, by Segment 2, 2016-2027
Table 23: Middle East & Africa Healthcare Artificial Intelligence Software Market Revenue (USD Billion) Forecast, by Segment 3, 2016-2027
Table 24: Middle East & Africa Healthcare Artificial Intelligence Software Market Revenue (USD Billion) Forecast, by Country, 2016-2027
Research Process
Data Library Research are conducted by industry experts who offer insight on
industry structure, market segmentations technology assessment and competitive landscape (CL), and penetration, as well as on emerging trends. Their analysis is based on primary interviews (~ 80%) and secondary research (~ 20%) as well as years of professional expertise in their respective industries. Adding to this, by analysing historical trends and current market positions, our analysts predict where the market will be headed for the next five years. Furthermore, the varying trends of segment & categories geographically presented are also studied and the estimated based on the primary & secondary research.
In this particular report from the supply side Data Library Research has conducted primary surveys (interviews) with the key level executives (VP, CEO’s, Marketing Director, Business Development Manager
and SOFT) of the companies that active & prominent as well as the midsized organization
FIGURE 1: DLR RESEARH PROCESS
Primary Research
Extensive primary research was conducted to gain a deeper insight of the market and industry performance. The analysis is based on both primary and secondary research as well as years of professional expertise in the respective industries.
In addition to analysing current and historical trends, our analysts predict where the market is headed over the next five years.
It varies by segment for these categories geographically presented in the list of market tables. Speaking about this particular report we have conducted primary surveys (interviews) with the key level executives (VP, CEO’s, Marketing Director, Business Development Manager and many more) of the major players active in the market.
Secondary Research
Secondary research was mainly used to collect and identify information useful for the extensive, technical, market-oriented, and Friend’s study of the Global Extra Neutral Alcohol. It was also used to obtain key information about major players, market classification and segmentation according to the industry trends, geographical markets, and developments related to the market and technology perspectives. For this study, analysts have gathered information from various credible sources, such as annual reports, sec filings, journals, white papers, SOFT presentations, and company web sites.
Market Size Estimation
Both, top-down and bottom-up approaches were used to estimate and validate the size of the Global market and to estimate the size of various other dependent submarkets in the overall Extra Neutral Alcohol. The key players in the market were identified through secondary research and their market contributions in the respective geographies were determined through primary and secondary research.
Forecast Model