Asia Pacific Artificial Intelligence (AI) in Healthcare Market

Market Introduction

Artificial intelligence (AI) in healthcare is the use of machine-learning algorithms and software to analyze, process and present complex medical and health care data. Artificial intelligence (AI) is field of the computer science that allows machine to do interactive functions similar to humans. The AI allow systems to do activities such as speech recognition, learning, data monitoring, data recording and more. The use of AI technology in healthcare sector decreases high healthcare costs and reduces the work burden on healthcare professionals. It has been widely used to support clinical decisions, improve workflows and predict health outcomes. Thus, wide application of AI in the healthcare sector is likely to propel the growth of the market.

Asia Pacific Artificial Intelligence (AI) in Healthcare Strategic Insights

Strategic insights for the Asia Pacific Artificial Intelligence (AI) in Healthcare provides data-driven analysis of the industry landscape, including current trends, key players, and regional nuances. These insights offer actionable recommendations, enabling readers to differentiate themselves from competitors by identifying untapped segments or developing unique value propositions. Leveraging data analytics, these insights help industry players anticipate the market shifts, whether investors, manufacturers, or other stakeholders. A future-oriented perspective is essential, helping stakeholders anticipate market shifts and position themselves for long-term success in this dynamic region. Ultimately, effective strategic insights empower readers to make informed decisions that drive profitability and achieve their business objectives within the market.

Asia Pacific Artificial Intelligence (AI) in Healthcare Report Scope

Asia Pacific Artificial Intelligence (AI) in Healthcare Regional Insights

The geographic scope of the Asia Pacific Artificial Intelligence (AI) in Healthcare refers to the specific areas in which a business operates and competes. Understanding local distinctions, such as diverse consumer preferences (e.g., demand for specific plug types or battery backup durations), varying economic conditions, and regulatory environments, is crucial for tailoring strategies to specific markets. Businesses can expand their reach by identifying underserved areas or adapting their offerings to meet local demands. A clear market focus allows for more effective resource allocation, targeted marketing campaigns, and better positioning against local competitors, ultimately driving growth in those targeted areas.

The Asia Pacific artificial intelligence (AI) in healthcare market is expected to reach US$ 17,797.42 million in 2027 from US$ 622.92 million in 2019. The market is estimated to grow with a CAGR of 50.8% from 2020-2027. The growth of this market is estimated to grow owing to key driving factors such as the increasing public-private investments in AI in healthcare and the burgeoning partnerships among market players. However, the market is expected experiencing slow growth during the forecast period owing to the lack of expertise in artificial intelligence professionals and non-uniform regulatory guidelines for medical software.

Key Market Segments

Based on component, the artificial intelligence (AI) in healthcare market is segmented into software solution, hardware, and services. Based on application, the artificial intelligence (AI) in healthcare market is segmented into robot assisted surgery, virtual assistants, administrative workflow assistants, connected machines, diagnosis, clinical trials, fraud detection, cybersecurity, dosage error reduction, and others. Based on end user, the artificial intelligence (AI) in healthcare market, is segmented into hospitals & healthcare providers, patients, pharma & biotech companies, healthcare payers, and others.

Major Sources and Companies Listed

Some of the major primary and secondary sources for artificial intelligence (AI) in healthcare market included in the report are The University of Tokyo Edge Capital (UTEC), Global AI Talent (2019), and others.

Reasons to buy the report

• To understand the Asia Pacific artificial intelligence (AI) in healthcare market landscape and identify market segments that are most likely to guarantee a strong return
• Stay ahead of the race by comprehending the ever-changing competitive landscape for artificial intelligence (AI) in healthcare market
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• Helps to take knowledgeable business decisions from perceptive and comprehensive analysis of market performance of various segment form artificial intelligence (AI) in healthcare market
• Obtain market revenue forecast for market by various segments from 2019 to 2027 in Asia Pacific region

ASIA PACIFIC ARTIFICIAL INTELLIGENCE (AI) IN HEALTHCARE MARKET SEGMENTATION

By Component

• Software Solution
• Hardware
• Services

By Application

• Robot Assisted Surgery
• Virtual Assistants
• Administrative Workflow Assistants
• Connected Machines
• Diagnosis
• Clinical Trials
• Fraud Detection
• Cybersecurity
• Dosage Error Reduction
• Others

By End User

• Hospitals and Healthcare Providers
• Patients
• Pharma and Biotech Companies
• Healthcare Payers
• Others

By Country

• Asia Pacific
• China
• India
• Japan
• South Korea
• Australia
• Rest of Asia Pacific

Company Profiles

• General Electric Company
• Alphabet Inc.
• Intel Corporation
• Koninklijke Philips N.V
• Microsoft Corporation
• NVIDIA CORPORATION
• Nuance Communications, Inc.
• Siemens Healthineers AG
• Arterys Inc.
• Johnson and Johnson Services, Inc