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Artificial Intelligence (AI) in the Global Medicine Market 2018-2025: CAGR to Grow at 49.6%, Enabling the Market to Reach $18.1 Billion - ResearchAndMarkets.com

August 24, 2018

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.

Profiles for:

Key Players

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

Other Players

InSilico 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

KEYWORD:

INDUSTRY KEYWORD: TECHNOLOGY SOFTWARE HEALTH CLINICAL TRIALS PHARMACEUTICAL

SOURCE: Research and Markets

Copyright Business Wire 2018.

PUB: 08/24/2018 06:24 AM/DISC: 08/24/2018 06:24 AM

http://www.businesswire.com/news/home/20180824005115/en

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