Artificial Intelligence in Health Care Market Detailed Study Analysis with Forecast by 2025
Download Report Brochure @ https://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=28343
Artificial intelligence in health care denotes a collection of multiple technologies empowering machines to sense, understand, act, and learn so that these can perform administrative and clinical health care functions. Unlike legacy technologies that are only algorithms or tools that complement a human, artificial intelligence in health care can truly augment human activity. Artificial intelligence could play a significant role in supporting prevention, diagnosis, treatment plans, medication management, precision medicine, and drug creation. Health care manpower, improved with artificial intelligence tools, could better address increased health care demands in future.
Presently, most data in health care is unstructured and difficult to share. With the help of artificial intelligence, information is analyzed in a manner similar to human brain function toward pattern recognition and learning, and the expert system provides recommendations and support for decision making. The outputs are used for real time decision support as well as long term planning.
Artificial intelligence has various clinical applications such as oncology diagnostic assistance, medical image processing, physician and hospital error reduction, effectiveness of care matrix, predictive care guidance, population health management, and analysis of patient's health records. Artificial intelligence is also useful in workflow optimization in health care such as elimination of unnecessary procedures and costs, payers claim processing, training & education of physician, hospital staff & patient, and supply cost management. Artificial intelligence is also useful for consumers in cost comparison, wearables integration diet guidance, etc.
Enquiry for discount on this report @ https://www.transparencymarketresearch.com/sample/sample.php?flag=D&rep_id=28343
Increasing adoption of precision medicine has led to simplicity of management and cost reduction in health care practices. Growing applications in genomics research combined with incremental invention in robotic personal digital assistants is anticipated to boost market growth. Increasing big data volume and the ever-increasing need to efficiently store and manage health care data is likely to drive the artificial intelligence in health care market. Advent of innovative technologies for proper diagnosis & treatment are expected to accelerate business penetration. Drug discovery is one of the major applications of artificial intelligence in health care. Machine learning in combination with artificial intelligence is expected to drive R&D and can increase success rate of early stage drug discovery. Market players are utilizing machine learning algorithms to reduce development time and build a robust and sustainable drugs pipeline. Significant maintenance & repair costs and high initial investment could limit industry growth. Increasing concerns that adoption of artificial intelligence in health care could result in unemployment on a large scale can hamper market growth during the forecast period.
Based on offering, the artificial intelligence in health care market has been segmented into software, hardware, and services. Increasing demand for software-based artificial intelligence solutions and research activities of major software companies providing artificial intelligence software are expected to drive the software segment.
In terms of technology, the artificial intelligence in health care market has been segmented into querying method, deep learning, context aware processing, and natural language processing. Based on application, the market has been segmented into lifestyle management and monitoring, patient data and risk analysis, precision medicine, medical imaging and diagnosis, in-patient care and hospital management, virtual assistant, drug discovery, wearables, and research.
Geographically, the global artificial intelligence in health care market has been segmented into
Report Overview @ https://www.transparencymarketresearch.com/artificial-intelligence-in-health-care-market.html
Key players in the global artificial intelligence in health care market are
About
Our reports are single-point solutions for businesses to grow, evolve, and mature. Our real-time data collection methods along with ability to track more than one million high growth niche products are aligned with your aims. The detailed and proprietary statistical models used by our analysts offer insights for making right decision in the shortest span of time. For organizations that require specific but comprehensive information we offer customized solutions through adhoc reports. These requests are delivered with the perfect combination of right sense of fact-oriented problem solving methodologies and leveraging existing data repositories.
TMR believes that unison of solutions for clients-specific problems with right methodology of research is the key to help enterprises reach right decision.
For more information on this press release visit: http://www.sbwire.com/press-releases/artificial-intelligence-in-hea/release-963979.htm
Media Relations Contact
Telephone: 1-518-618-1030
Email: Click to Email
Web: https://www.transparencymarketresearch.com/artificial-intelligence-in-health-care-market.html
Dental Practice Management Software Market to Surpass the Value of US$ 4.3 Billion by 2025
Pacific Prime Releases Report on International Private Medical Insurance Inflation
Advisor News
Annuity News
Health/Employee Benefits News
Life Insurance News