Healthcare Artificial Intelligence Market Driven by Rising Adoption of Electronic Healthcare Records


Published Date : Jun 12, 2017

Albany, New York, June 12, 2017: MarketResearchReports.biz announces the addition of a new report to its online market intelligence repository. The report assesses the global healthcare market, particularly focusing on the adoption of artificial intelligence in the operation of the sector. The report takes a close look at the historical growth trajectory exhibited by the global healthcare artificial intelligence market up to 2016 and continues on to a solid overview of the market’s latest figures. Based on this, reliable projections regarding the growth of the healthcare artificial intelligence market till 2022 are provided in the report, titled ‘Global Healthcare Artificial Intelligence Market Size, Status And Forecast 2022.'

The healthcare artificial intelligence market has gained significant prominence following the rising use of digital tools such as electronic health records. The convenience of artificial intelligence in storing growing volumes of medical data and further using them in ongoing research has paved the way for widespread adoption of artificial intelligence in the healthcare sector. The growing use of electronic health records and the growing ambit of their application thanks to the rising use of smartphones is likely to remain a key driver for the global healthcare artificial intelligence market in the coming years.

The steady growth of the pharmaceuticals industry in recent years has also been a major driver for the global healthcare artificial intelligence market. Drug discovery has become a congested field in many developed countries, while several developed countries have also seen smooth growth of the pharmaceuticals sector and are likely to remain key regional healthcare artificial intelligence markets in the coming years. The high utility of artificial intelligence tools in drug discovery processes has led to a steady rise in their demand from the pharmaceuticals industry, and is thus a key factor for the global healthcare artificial intelligence market.

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The report looks into the performance of the healthcare artificial intelligence market in the U.S., the EU, China, India, and Japan in terms of examining the regional breakdown of the global market. The U.S. and the EU are the traditional leaders in the global healthcare artificial intelligence market due to the presence of a conducive economic environment for widespread adoption of progressive technological advances. The rapid technological progression in these regions has had some impact on the progression of the healthcare sector, with the rising dependence of citizens on technology in their day to day lives leading to increasing availability of digital health platforms relying on artificial intelligence. This is likely to be a key driver for the global healthcare artificial intelligence market in the coming years, as the customer demographic in these countries is consistently on the lookout for technological advancements.

The competitive dynamics of the global healthcare artificial intelligence market are analyzed in the report with the help of detailed profiles of leading players likely to hold notable clout in the market in the coming years. Leading companies examined in the report include AiCure, IBM Watson Health, Cyrcadia Health, Modernizing Medicine, Lifegraph, Sophia Genetics, and Zebra Medical Vision.

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