The latest market intelligence study on Artificial Intelligence in Medicine relies on the statistics derived from both primary and secondary research to present insights pertaining to the forecasting model, opportunities, and competitive landscape of Artificial Intelligence in Medicine market for the forecast period.
The global artificial intelligence (AI) in medicine market was valued at $719 million in 2017 and is estimated to reach $18,119 million at a CAGR of 49.6% from 2018 to 2025. AI is an intelligent system that applies various human intelligence-based functions such as reasoning, learning, and problem-solving skills. AI technology uses software and different algorithms in the field of pharmaceuticals to support the decision-making processes for existing drugs and repurposing drugs to treat other conditions, along with accelerating the clinical trials process by finding the right patients from several data sources.
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The Major Market Player Included in This Report are:
Welltok, Inc.
Intel Corporation
Nvidia Corporation
Google Inc.
IBM Corporation
Microsoft Corporation
General Vision, Inc.
Enlitic, Inc.
BioXcel Corporation
Berg Health.
Scope of the Report:
The research on the Artificial Intelligence in Medicine market concentrates on extracting valuable data on swelling investment pockets, significant growth opportunities, and major market vendors to help understand business owners what their competitors are doing best to stay ahead in the competition. The research also segments the Artificial Intelligence in Medicine market on the basis of end-user, product type, application, and demography for the forecast period 2020–2025. Detailed analysis of critical aspects such as impacting factors and competitive landscape are showcased with the help of vital resources, which include charts, tables, and info graphics.
For more clarity on the real potential of the Artificial Intelligence in Medicine market for the forecast period 2020–2025, the study provides vital intelligence on major opportunities, threats, and challenges posed by the industry. Additionally, a strong emphasis is laid on the weaknesses and strengths of a few prominent players operating in the same market. Quantitative assessment of the recent momentum brought about by events such as collaborations, acquisition and mergers, product launches and technology innovation empower product owners, as well as marketing professionals and business analysts make a profitable decision to reduce cost and increase their customer base.
Geographically, this report focuses on product sales, value, market share, and growth opportunity in key regions such as United States, Europe, China, Japan, Southeast Asia, and India.
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The research provides answers to the following key questions:
- What is the estimated growth rate of the market for the forecast period 2020–2025? What will be the market size during the estimated period?
- What are the key driving forces responsible for shaping the fate of the Artificial Intelligence in Medicine market during the forecast period?
- Who are the major market vendors and what are the winning strategies that have helped them occupy a strong foothold in the Artificial Intelligence in Medicine market?
- What are the prominent markets trends influencing the development of the Artificial Intelligence in Medicine market across different regions?
- What are the major threats and challenges likely to act as a barrier in the growth of the Artificial Intelligence in Medicine market?
- What are the major opportunities the market leaders can rely on to gain success and profitability?
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