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Artificial Intelligence (AI) in Healthcare Market Size, Status and Forecast Opportunities by 2023

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Artificial Intelligence (AI) in Healthcare Market Size, Status and Forecast Opportunities by 2023

September 16
20:06 2019
Artificial Intelligence (AI) in Healthcare Market Size, Status and Forecast Opportunities by 2023

Artificial Intelligence (AI) in Healthcare Market
HTF MI recently introduced Artificial Intelligence (AI) in Healthcare Market study with in-depth overview, describing about the Product / Industry Scope, Size, Status, elaborates market outlook and Growth Opportunities by 2019 to 2023.

HTF MI recently introduced Artificial Intelligence (AI) in Healthcare Market study with in-depth overview, describing about the Product / Industry Scope, Size, Status, elaborates market outlook and Growth Opportunities by 2019 to 2023. The market Study is segmented by key regions which is accelerating the marketization. At present, the market is developing its presence and some of the key players Involved for the study such as Artivatic Data Labs Private Limited, Analytix Private Limited, IBM India Limited, Niramai Health Sigtuple Technologies Private Limited, and Tricog Health Services Private Limited etc. 

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“The adoption of artificial intelligence (AI) is reshaping the Indian healthcare market significantly. AI-enabled healthcare services like automated analysis of medical tests, predictive healthcare diagnosis, automation of healthcare diagnosis with the help of monitoring equipment, and wearable sensor-based medical devices, are expected to revolutionize medical treatment processes in the country.

 

Market insights:

 

It is predicted that the applications of artificial intelligence in the healthcare space will be worth INR ~431.97 Bn by 2021, expanding at a rate of ~40%. Based on this growth of AI applications in healthcare, the doctor-patient ratio in India is expected to reach ~6.9:1,000 by 2023, from its 2017 ratio of ~4.8:1000. The capability of AI applications to improve doctors’ efficiency will help in tackling challenges like uneven doctor-patient ratio, by providing rural populations high-quality healthcare, and training doctors and nurses to handle complex medical procedures.

 

Artificial intelligence is used in six healthcare segments: hospitals, pharmaceuticals, diagnostics, medical equipment and supplies, medical insurance, and telemedicine. Artivatic Data Labs Private Limited, Analytix Private Limited, IBM India Limited, Niramai Health Sigtuple Technologies Private Limited, and Tricog Health Services Private Limited are the major players operating in this sector.

 

Government initiatives:

 

o The Information Technology Act, 2000, and the Information Technology (Reasonable Security Practices and Procedures and Sensitive Personal Data or Information) Rules, 2011, mandate that service providers and patients exchange information constantly by using the latest technologies.

o National eHealth Authority (NeHA) – An authority which is responsible for the expansion of the integrated health information system within India.

 

o The United States–India Science and Technology Endowment Fund, is aimed at helping teams of innovators and entrepreneurs from both countries, whose products will improve the quality of healthcare, by harnessing the power of artificial intelligence.

 

Benefits of AI in the healthcare sector:

 

o The patient-doctor ratio in India is as low as 1,700:1. Also, ~70% of the healthcare infrastructure is in cities, which cater to ~30% of the country’s population. With the use of artificial intelligence applications, doctors can offer their services to more patients and reduce the existing gap in demand and supply of medical services in the country.

 

o AI-enabled healthcare services can be delivered at lower costs with increased efficiency and an emphasis on diagnostics. Moreover, artificial intelligence enables hospitals to implement patient-centric plans and eliminate unnecessary hospital procedures, making delivery of healthcare services faster in India.

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Competitive Analysis:
The key players are highly focusing innovation in production technologies to improve efficiency and shelf life. The best long-term growth opportunities for this sector can be captured by ensuring ongoing process improvements and financial flexibility to invest in the optimal strategies. Company profile section of players such as Artivatic Data Labs Private Limited, Analytix Private Limited, IBM India Limited, Niramai Health Sigtuple Technologies Private Limited, and Tricog Health Services Private Limited includes its basic information like legal name, website, headquarters, its market position, historical background and top 5 closest competitors by Market capitalization / revenue along with contact information. Each player/ manufacturer revenue figures, growth rate and gross profit margin is provided in easy to understand tabular format for past 5 years and a separate section on recent development like mergers, acquisition or any new product/service launch etc. 

Market Segments:
The Artificial Intelligence (AI) in Healthcare Market has been divided into type, application, and region.
On The Basis Of Type: Deep Learning, Querying Method, Natural Language Processing, Context Aware Processing, Other

.
On The Basis Of Application: Hospitals, Clinics, Research Institutions, Other
On The Basis Of Region, this report is segmented into following key geographies, with production, consumption, revenue (million USD), and market share, growth rate of Artificial Intelligence (AI) in Healthcare in these regions, from 2013 to 2023 (forecast), covering 
• North America (U.S. & Canada) {Market Revenue (USD Billion), Growth Analysis (%) and Opportunity Analysis}
• Latin America (Brazil, Mexico & Rest of Latin America) {Market Revenue (USD Billion), Growth Share (%) and Opportunity Analysis}
• Europe (The U.K., Germany, France, Italy, Spain, Poland, Sweden & RoE) {Market Revenue (USD Billion), Growth Share (%) and Opportunity Analysis}
• Asia-Pacific (China, India, Japan, Singapore, South Korea, Australia, New Zealand, Rest of Asia) {Market Revenue (USD Billion), Growth Share (%) and Opportunity Analysis}
• Middle East & Africa (GCC, South Africa, North Africa, RoMEA) {Market Revenue (USD Billion), Growth Share (%) and Opportunity Analysis}
• Rest of World {Market Revenue (USD Billion), Growth Analysis (%) and Opportunity Analysis}

Buy Single User License of Artificial Intelligence (AI) in Healthcare Market in India (2018-2023) @ https://www.htfmarketreport.com/buy-now?format=1&report=1812355

Have a look at some extracts from Table of Content 

Introduction about Artificial Intelligence (AI) in Healthcare 

Artificial Intelligence (AI) in Healthcare Market Size (Sales) Market Share by Type (Product Category) in 2017 
Artificial Intelligence (AI) in Healthcare Market by Application/End Users 
Artificial Intelligence (AI) in Healthcare Sales (Volume) and Market Share Comparison by Applications
(2013-2023) table defined for each application/end-users like [Hospitals, Clinics, Research Institutions, Other] 
Artificial Intelligence (AI) in Healthcare Sales and Growth Rate (2013-2023) 
Artificial Intelligence (AI) in Healthcare Competition by Players/Suppliers, Region, Type and Application
Artificial Intelligence (AI) in Healthcare (Volume, Value and Sales Price) table defined for each geographic region defined. 
Artificial Intelligence (AI) in Healthcare Players/Suppliers Profiles and Sales Data 

Additionally Company Basic Information, Manufacturing Base and Competitors list is being provided for each listed manufacturers

Market Sales, Revenue, Price and Gross Margin (2013-2018) table for each product type which include Deep Learning, Querying Method, Natural Language Processing, Context Aware Processing 
Artificial Intelligence (AI) in Healthcare Manufacturing Cost Analysis 
Artificial Intelligence (AI) in Healthcare Key Raw Materials Analysis 
Artificial Intelligence (AI) in Healthcare Chain, Sourcing Strategy and Downstream Buyers, Industrial Chain Analysis 
Market Forecast (2018-2023) 
……..and more in complete table of Contents

Browse for Full Report at: https://www.htfmarketreport.com/reports/1812355-artificial-intelligence-2

Thanks for reading this article; you can also get individual chapter wise section or region wise report version like North America, Europe or Asia. 

Media Contact
Company Name: HTF Market Intelligence Consulting Private Limited
Contact Person: Craig Francis
Email: Send Email
Phone: 2063171218
Address:Unit No. 429, Parsonage Road
City: Edison
State: New Jersey
Country: United States
Website: https://www.htfmarketreport.com/reports/1812355-artificial-intelligence-2

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