Thu. Oct 17th, 2019

Artificial Intelligence in Medicine Market to grow with a huge CAGR of +48% over period 2019-2025| Leading Players Welltok, Intel Corporation, Nvidia Corporation, Google Inc, IBM Corporation, Microsoft Corporation

Artificial Intelligence in Medicine Market

Artificial Intelligence in Medicine Market

Artificial Intelligence in Medicine is used to analyze complex medical data by approximating human cognitive abilities with the help of algorithms and software. Developing new medicines and biologics through clinical trials can cost billions of dollars during its tenure. Artificial Intelligence can help make this process faster and cheaper, which is expected to help improve the efficiency of pharmaceutical and biotechnology companies.

Leading Players of Global Artificial Intelligence in Medicine Market:

  • Nvidia Corporation
  • Google Inc
  • IBM Corporation
  • Microsoft Corporation
  • Welltok, Inc
  • Intel Corporation
  • General Vision, Inc
  • Enlitic, Inc
  • BioXcel Corporation
  • Berg Health

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Global Artificial Intelligence in Medicine Market report released by Report Consultant is a structurally compiled elaboration of its dynamic assets in this market space. It throws light on the inner workings and technical complexities faced by businesses prevailing in the current market situation. It gives details regarding not only the present but also prospective developments of this industry.

The Global Artificial Intelligence in Medicine Market was valued at +720 Million USD in 2018 and anticipated to reach +1810 Million USD at a CAGR of +48% over the forecast period 2019 to 2025.

The major drivers of the Market is the lack of skilled medical professionals and the increased processing power of artificial intelligence systems, which is believed to help improve the efficiency of drug discovery and clinical trial management.

Global Market Segmentation:

Segmentation by Technology:

  • Natural Language Processing
  • Context-Aware Processing
  • Deep Learning
  • Querying Method

Segmentation by Application:

  • Drug Discovery & Repurposing
  • Clinical Research Trial
  • Personalized Medicine

Segmentation by Region:

  • North America (USA, Canada, Mexico)
  • Asia Pacific (China, India, Japan, South Korea, Australia, Indonesia, Malaysia)
  • Europe (Germany, France, UK, Italy, Russia)
  • The Middle East and Africa (MEA)

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Artificial Intelligence in Medicine Market report systematically compiles statistical data and provides information regarding recent technological advancements, financial necessities and the nature of businesses in this market space. It provides a resourceful observation of different key players and development strategies implemented by them to gain momentum in the industry. It shows the tactics applied to increase popularity, accessibility, and efficiency of these products and services.

The reports Covers:

  • Definition and segment of Artificial Intelligence in Medicine Market
  • Executive summary of Market
  • Explain the industry chain of Market
  • Show info and data comparison of Artificial Intelligence in Medicine Market Players
  • Show a comparison of types
  • Show a comparison of applications
  • Show a comparison of regions and countries (or sub-regions)
  • Show competition situation of Artificial Intelligence in Medicine Market
  • Forecast market in the next years
  • Show investment of Market

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