U.S. Healthcare Artificial Intelligence Market to grow at 38% CAGR from 2017 to 2024

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Healthcare Artificial Intelligence Market share
to hit 10bn by 2024 Global Market Insights Inc.
Fuel Cell Market size worth 25.5bn by 2024
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Key Insights from Healthcare Artificial
Intelligence Market

• In a major development that can positively impact
  Healthcare Artificial Intelligence Market growth,
  Babylon Health, a UK based digital health firm
  has raised nearly USD 60 million in April 2017 to
  diagnose patient illness by creating an AI
  chatbot on their smartphones.
• High investments made by various industry players
  to build more robust machine learning algorithms
  and big data analytics applications to deliver
  more effective healthcare services will
  completely change the medical diagnosing
  treatment phase of the industry.
• New breakthroughs in the field of clinical
  research, genomics, robotic personal assistants,
  and precision medicine are expected to propel
  Precision Medicine Market, which in turn is
  creating a wide set of opportunities for
  healthcare artificial intelligence industry
  globally.
• Healthcare artificial intelligence finds wide
  application in drug discovery, hospital workflow,
  medical imaging diagnosis, and therapy
  planning.
• Drug discovery applications, which contributed
  more than 35 of healthcare artificial
  intelligence industry share in 2016, are forecast
  to hit USD 4 billion by 2024.

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Continued...

• Medical imaging diagnosis sector is expected to
  hit the revenue of over USD 2.5 billion by 2024,
  owing to its ability to identify cancer at
  initial phase by detecting the rapid
  proliferation of tumor cells.
• Considering the topographical trends, U.S.
  healthcare artificial intelligence industry,
  which was estimated at USD 320 million in 2016,
  is projected to grow at a rate of 38 over the
  period of 2017-2024.
• The UK healthcare artificial intelligence market
  is forecast to cross the revenue margin of USD
  800 million by 2024 and will further boost the
  Europe industry size over the years to come.
• Welltok Incorporation, Pathway Genomics, Cyrcadia
  Health Incorporation, Atomwise, Enlitic,
  Lifegraph Limited, Insilico Medicine
  Incorporation, IBM Watson Health, iCarbonX,
  Google Incorporation, Zebra Medical Vision,
  Microsoft Corporation, Sophia Genetics,
  Modernizing Medicine Incorporation, Butterfly
  Network Incorporation, APIXIO, and AiCure are the
  major participants of healthcare artificial
  intelligence industry.

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U.S. Healthcare Artificial Intelligence Market
Size, By Application, 2013-2024 (USD Million)

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Table of Content
Chapter 1. Methodology 1.1.
Methodology 1.1.1. Initial data
exploration 1.1.2. Statistical model and
forecast 1.1.3. Industry insights and
validation 1.1.4. Market definitions and
forecast parameters 1.2. Data
Sources 1.2.1. Primary 1.2.2.
Secondary Chapter 2. Executive Summary 2.1.
Healthcare artificial intelligence industry 3600
synopsis, 2013 - 2024 2.1.1. Business
trends 2.1.2. Application trends 2.1.3.
Regional trends
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Table of Content
Chapter 3. Healthcare Artificial Intelligence
Industry Insights 3.1. Industry
segmentation 3.2. Industry size and forecast,
2013 - 2024 3.3. Industry impact
forces 3.3.1. Growth drivers 3.3.1.1.
Advancements in big data analytics 3.3.1.2.
Adoption of artificial intelligence in research
areas 3.3.1.3. Reduced workload and increased
quality of care delivery 3.3.1.4. Increasing
range of future applications 3.3.2. Industry
pitfalls challenges 3.3.2.1. High initial
capital requirement 3.3.2.2. Large scale
human unemployment 3.3.2.3. Difficulty in
deployment 3.4. Start-up Scenario 3.5.
Healthcare artificial intelligence projects
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Table of Content
3.6. Medical and technological
advancements 3.6.1. U.S. 3.6.2.
Europe 3.6.3. APAC 3.7. Regulatory
landscape 3.7.1. U.S. 3.7.2. Europe 3.8.
Growth potential analysis 3.8.1. By
Application 3.9. Competitive landscape,
2016 3.9.1. Business overview 3.9.2. Revenue
analysis 3.9.3. Product landscape 3.9.4.
Strategy dashboard 3.9.5. Patent
analysis 3.10. Porters analysis 3.11. PESTEL
analysis
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