DUBLIN--(BUSINESS WIRE)--Aug 24, 2018--The “Artificial Intelligence in Medicine Market by Product Type, Technology, and Application - Global Opportunity Analysis and Industry Forecast, 2018-2025” report has been added to ResearchAndMarkets.com’s offering.
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.
Shortage of skilled healthcare professionals and increase in the processing power of AI systems that is projected to help improve the efficiency of drug discovery and management of clinical trials majorly drive the growth of the global artificial intelligence in medicine market.
Furthermore, the growth in importance of precision medicine and rise in funding of the R&D activities for the use of AI technology in the field of medicine are expected to fuel the market growth.
Untapped market opportunities available in developing regions such as India and China help to open new avenues for the growth of the artificial intelligence in medicine market in future.
However, limited acceptance from healthcare professionals and limitations of AI decision-making can impede the market growth.
Key PlayersWelltok, Inc. Intel Corporation Nvidia Corporation Google Inc. IBM Corporation Microsoft Corporation General Vision, Inc. Enlitic, Inc. BioXcel Corporation Berg Health.
Other PlayersInSilico Medicine, Inc. Globavir Biosciences, Inc. GNS Healthcare Flatiron Health Benevolent AI Atomwise Verge Genomics Cloud Pharmaceuticals Recursion Pharmaceuticals
Key Topics Covered
Chapter 1: Introduction
Chapter 2: Executive Summary
Chapter 3: Market Overview
Chapter 4: Artificial Intelligence in Medicine Market, by Product Type
Chapter 5: Artificial Intelligence in Medicine Market, by Technology
Chapter 6: Artificial Intelligence in Medicine Market, by Application
Chapter 7: Artificial Intelligence in Medicine Market, by Region
Chapter 8: Company Profiles
For more information about this report visit https://www.researchandmarkets.com/research/fj3vjp/artificial?w=4
View source version on businesswire.com:https://www.businesswire.com/news/home/20180824005115/en/
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Related Topics:Artificial Intelligence
INDUSTRY KEYWORD: TECHNOLOGY SOFTWARE HEALTH CLINICAL TRIALS PHARMACEUTICAL
SOURCE: Research and Markets
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PUB: 08/24/2018 06:24 AM/DISC: 08/24/2018 06:24 AM