What is Intelligent and Health Care?
Artificial intelligence (AI) is steadily being used to healthcare, as it becomes increasingly prevalent in modern industry and everyday life. Artificial intelligence in healthcare has the potential to help healthcare providers in a variety of ways, including patient care and administrative tasks. Although most AI and healthcare technologies have a close connection to the healthcare industry, the strategies they support can be rather different. Even though some publications on artificial intelligence in healthcare claim potential AI can perform almost as well as or better than humans at specific processes, which including disease diagnosis, it will be a long time before AI in healthcare replaces people for a wide range of medical operations.
The market study is broken down by Type (Machine Learning, Natural Language Processing, Rule-Based Expert Systems, Physical Robots and Robotic Process Automation), by Application (Drug Development, Patient Experience, Robotic Surgeries, Virtual Nursing Assistants, Support In Clinical Decisions, Diagnosis And Reporting, Process Automation, Managing And Mining Medical Data and Other) and major geographies with country level break-up.
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies. Analysts at AMA Research estimates that Players from United States will contribute to the maximum growth of Global Intelligent and Health Care market throughout the predicted period. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
IBM Watson Health (United States), Microsoft Corporation (United States), Intel Corporation (United States), General Electric Company (United States), Nvidia Corporation (United States), Verint Systems (United States), Enlitic Inc. (United States), DeepMind (United States), Oncora Medical (United States) and CloudMedX Health (United States) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research coverage are Babylon Health (United Kingdom), Corti (Denmark) and General Vision, Inc. (United States).
Segmentation Overview
AdvanceMarketAnalytics has segmented the market of Global Intelligent and Health Care market by Type, Application and Region.
On the basis of geography, the market of Intelligent and Health Care has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Component, the sub-segment i.e. Hardware will boost the Intelligent and Health Care market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by End User, the sub-segment i.e. Hospitals & Diagnostic Centres will boost the Intelligent and Health Care market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Leaders and their expansionary development strategies
Market Trend
- Advancements In Big Data Analytics
- Integration Of Advance Technology AI & ML
Market Drivers
- Rapidly Digitization In Healthcare Sector
- Surge In Personalized Treatments Fuels The Market Growth
Opportunities
- Growing Safety Concerns About The Patient Data
- Government Favorable Incentives To Development Of Healthcare
Restraints
- High Cost Associated With Technology
Challenges
- Lack Of Investment In Healthcare Infrastructure
Key Target Audience
Intelligent and Health Care Provider, New Entrants and Investors, Venture Capitalists, Government Bodies, Corporate Entities, Government and Private Research Organizations and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have the better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with purpose to understand companys positioning regarding market value, volume and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders etc. and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, analyst team keeps preparing set of questionnaires and after getting appointee list; the target audience are then tapped and segregated with various mediums and channels that are feasible for making connection that includes email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey etc.