marketexperts

Artificial Intelligence in Healthcare Market Trends | Industry Growth, Share, Size, Demand and Future Scope 2025 | IMARC Group

According to the latest report by IMARC Group, titled “Artificial Intelligence in Healthcare Market Trends: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2020-2025,” the global artificial intelligence in healthcare market share experienced healthy growth during 2014-2019. Artificial intelligence (AI) in the healthcare industry helps in diagnosing diseases, performing surgical procedures and recommending treatments. Other than this, it also aids in improving the quality of care, enhancing patient engagement, reducing the overall cost of developing novel pharmaceutical treatments and personalizing medical treatments.


Market Trends
Owing to the thriving healthcare sector and increasing complexity of data in medical centers, there is a significant rise in the demand for artificial intelligence (AI), which assists health professionals in effective decision-making. Furthermore, the widespread utilization of natural language processing (NLP), which is a field of AI that deals with the interaction between humans and computers through natural language, in the healthcare sector, is acting as another major growth-inducing factor. NLP is instrumental in understanding and classifying clinical documentation and published research and analyzing unstructured clinical notes on patients. Other factors, such as extensive research and development (R&D) and the increasing utilization of robots to perform gynecologic, prostate, and head and neck surgeries, in confluence with favorable healthcare policies by governments of several nations, are anticipated to propel the market growth in the upcoming years.

Explore full report with table of contents:

Breakup by Offering:
Hardware
Software
Services

Breakup by Technology:
Machine Learning
Context-Aware Computing
Natural Language Processing
Others


Breakup by Application:
Robot-Assisted Surgery
Virtual Nursing Assistant
Administrative Workflow Assistance
Fraud Detection
Dosage Error Reduction
Clinical Trial Participant Identifier
Preliminary Diagnosis
Others


Breakup by End-User:
Healthcare Providers
Pharmaceutical and Biotechnology Companies
Patients
Others

Breakup by Region:
North America
Asia Pacific
Europe
Latin America
Middle East and Africa

Competitive Landscape:
The report has also analysed the competitive landscape of the market with some of the key players being Amazon Web Services Inc., Cloudmedx Inc., DeepMind, Enlitic Inc., General Vision Inc., Google Inc., International Business Machines, iCarbonX, Intel Corporation, Medtronic, Micron Technology Inc., Microsoft Corporation, Next It Corporation, Nuance Communications Inc., Nvidia Corporation, Siemens Healthcare, Welltok Inc., etc.

Browse Related Report:

About Us

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

Contact US:
IMARC Group
30 N Gould St, Ste R
Sheridan, WY 82801, USA
Email: sales@imarcgroup.com
USA: +1-631-791-1145
Follow us on twitter: @imarcglobal
0 Likes
0 Shares
Comment
Suggested
Recent
Cards you may also be interested in
WHO’s International Clinical Trials Registry Platform (ICTRP)
People from more than one country and one medical or research institution can participate in a clinical trial. Different countries have different clinical research requirements, so one clinical trial may be enlisted on more than one registry. That clinical trial shall appear on the database of more than one registry. However, data on various clinical trial registries varies. . Take Clinical Research Course from the Best. The International Clinical Trials Registry Platform (ICTRP) is a global initiative by WHO, responsible for linking clinical trial registers worldwide for ensuring a single point of access and the apparent identification of clinical trials. This was done with the view that participants, patients, families, and patient groups have easy access to information. The ICTRP was established with the aim to make information about all clinical trials that involve humans publicly available. It also aims to achieve the following: ● Improving the comprehensiveness, completeness, and accuracy of registered clinical trials data; ● Communicating and raising awareness of the need for registering clinical trials; ● Ensuring the accessibility of registered data; ● Building capacity for clinical trial registration; ● Encouraging the utilization of registered data; and ● Ensuring the sustainability of the ICTRP. . Take the Best Training in Clinical Research. The Secretariat of the ICTRP is housed by the World Health Organization in its headquarters in Geneva and is responsible for the following: ● Publishes the ICTRP search portal: A database and website that makes it possible for every person in the world to search for free data provided by clinical trial registries around the world. The data is updated weekly and meets WHO’s criteria for content and quality. ● Supports the WHO registry network: A forum created to establish and work together for the purpose of clinical trial registries. It aims to establish best practices for clinical trial registration and the collection of high-quality, accurate data. ● Supports different countries and regions: It aims to establish clinical trial registries or policies on trial registration.
Top Health Issues Where Instant Medical Loans Is A Right Choice
Medical issues in life do not look for funds in the account. They always knock on the door in the most uncertain times. Not all the suffers are gifted with the medical cover to solve their health coverage and few medical treatments are not covered by insurance providers and such is the juncture where Instant Medical Loans turn to be a vital option for people to handle their treatments. Dental Problems Many people become the victims of dental problems. These health issues need immediate attention irrespective of your financial status. Though the problem is not a life-threatening issue, it hampers the quality of life. NO insurance provider is open to offering coverage to these recurrent problems, the treatments for dental issues in the countries like Australia are expensive to be paid from the pocket alone and you can take the help of an instant medical loan to handle the immediate problem and disburse the expenses over the loan tenure. Kidney Related Issues When you are a victim of a kidney-related problem, the expenses for the treatment are recurring. The insurance provider may offer coverage for major things like surgery but not for recurring expenses like dialysis. Instant Medical Loans can be used to pay any medical expenses related to any health disorder. If you feel like you run out of cash to pay the recurring expenses for health treatment in that particular month, you can avail these online loans. Cosmetic Surgery Beauty enhancement is always a way to lead a confident life especially if you are a public profile. Not only surgeries, pre, and post-medical treatments are expensive too. As there is no insurance coverage offered for such treatments, you can apply for Instant Medical Loans to adjust your finances during the treatment time. Any Emergency The purpose of these Online Cash Loans is not specific. You can spend the loan amount for any medical emergency that knocks on your door. On applying for the loan online, the amount is deposited into your account directly giving you full control over money sending.
Problems Faced in Automation in CDM
Standardization of data Data should be standardized before automated sharing. It will lead to a faster collection of trial evidence and better analysis, enhanced transparency, faster start-up times, increasing the predictability of data and processes, and easier reuse of case reports across different studies. Take Clinical Research Training to understand better about on ground Problems faced by the Industry. Interoperability of EHRs for automation Although the use of EHRs has not been optimal, they have yielded great benefits at low costs and less time and presented significant possibilities for research. The collection, organization, exchange, and automation of data depends on the effective use of electronic health records (EHRs). However, EHRs have a history of poor interoperability and insufficient quality control and security of data. The way data is stored in these records often varies across institutions and organizations. Sharing the data becomes a struggle since there is no standard format for EHRs. Learn the best Clinical Research Course. Improvement in AI and automation Artificial intelligence (AI) has great potential to identify eligible patients for clinical trials. However, the reality is quite different from expectations. The major problem has been the development of sophisticated algorithms. Other barriers include the unstructured format of data and how to integrate that data into the clinical workflow of stakeholders. Clinical trial stakeholders can indefinitely benefit from a data exchange network, particularly one established between clinical trial sites and sponsors. The network would collect and analyze data before sharing it with relevant stakeholders, improving overall quality. Sponsors shall be able to share important information with sites, including draft budgets and protocol documents. At the same time, sites shall be able to update sponsors in real-time on impending matters, such as patient registrations. This would ensure an unhindered flow of information through integrated systems. However, sites should remember that not all information can flow freely and should be careful while sharing protocol-specified data with sponsors. EHRs have protected health information (PHI) and non-protocol-specific data, which would put patients’ confidential data at risk if shared.