Artificial Intelligence in Healthcare Market to Witness Robust Expansion by 2027
November 23rd,2022/IndustryNewsGlobal/ -- The unexpected shifts in the global markets because of the sudden outbreak of the COVID-19 virus have brought many major and minor tremors to industries of all sizes including Artificial Intelligence in the Healthcare Market.
Artificial Intelligence in Healthcare Marketreport studies the market covering a period of 12 years of trend and forecast. The report provides detailed insights into the market dynamics decision-making business decision making and growth strategy formulation based on the opportunities present in the market.
Market Insights
The Global Artificial Intelligence in Healthcare Market is expected to grow from USD 4.5 billion in 2020 to USD 36.7 billion by 2026 at a CAGR of over 42.6% during the forecast period.
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Market Dynamics
Rising venture capital investments to promote the development of AI-based tool is likely to drive the market growth.
• The growth of global artificial intelligence in the healthcare market is primarily driven by the increasing usage of big data analytics in healthcare.
• Increasing collaborations by the market players with hospitals are also expected to add to the market growth significantly.
• Furthermore, the growing adoption of AI in hospitals to provide improves healthcare services is projected to create significant growth opportunities for the players operating in the global artificial intelligence in the healthcare market over the forecast period.
Regional Insights
Based on regions, Asia-Pacific is expected to remain the largest air intake manifold market during the forecast period. The region is also expected to experience the highest growth during the same period. Increasing automobile production, mainly in China and India, is likely to drive the demand for air intake manifold in the region.
Europe is expected to remain the second-largest Artificial Intelligence in the Healthcare market over the next five years. However, the region is expected to experience moderate growth due to low growth in light vehicle production.
Features of the Report
This report offers high-quality insights and is the outcome of detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders and validation and triangulation with Stratview Research’s internal database and statistical tools.
The Artificial Intelligence in Healthcare Market analysis report discusses the following heads in great detail:
• Market structure: Overview, industry life cycle analysis, supply chain analysis
• COVID-19 Impact Assessment
• Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis
• Market trend and forecast analysis
• Market segment trend and forecast
• Competitive landscape and dynamics: Market share, product portfolio, product launches, etc.
• Attractive market segments and associated growth opportunities
• Emerging trends
• Strategic growth opportunities for the existing and new players
• Key success factors
About Stratview Research
Stratview Research is a trusted brand globally, providing high-quality research and strategic insights that help companies worldwide in effective decision-making. It is a global market intelligence firm providing a wide range of services including syndicated market reports, custom research, and sourcing intelligence across industries, such as Advanced Materials, Aerospace & Defense, Automotive & Mass Transportation, Consumer Goods, Construction & Equipment, Electronics and Semiconductors, Energy & Utility, Healthcare & Life Sciences, and Oil & Gas.
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