Artificial Intelligence In Health Care – The Potential And The Cautions

“Healthcare Artificial Intelligence”

Artificial intelligence (AI) is creation of unique systems using algorithms and software that can perform certain tasks without human intervention and instructions. Artificial intelligence comprises integration of several technologies such as machine learning, natural language processing, reasoning, and perception. Artificial intelligence is used in healthcare for approximation of human cognition and analysis of complex medical and diagnostic imaging data.

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Artificial intelligence has revolutionized the healthcare industry by designing treatment plans, medication management, assisting in repetitive tasks, and drug discovery. Increasing adoption of precision medicine has made enabled simplicity of management and cost reduction. Increasing application in genomics research coupled with incremental innovation in robotic personal digital assistants boost industry growth.

Segmentation:

The global healthcare artificial intelligence market is segmented on the basis of offering, technology, application and end user. The offering segment includes, hardware, software and services. Based on technology, the healthcare artificial intelligence market is segmented as, deep learning, querying method, natural language processing and context aware processing. Based on application, the healthcare artificial intelligence market is segmented as, robot-assisted surgery, virtual nursing assistant, administrative workflow assistance, fraud detection, dosage error reduction, clinical trial participant identifier, preliminary diagnosis, and others. Based on end user, the healthcare artificial intelligence market is classified into, healthcare provider, pharmaceutical & Biotechnology Company, patient, and payer.

Major Factors:

The report analyzes factors affecting market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South & Central America after evaluating political, economic, social and technological factors effecting the market in these regions.

The key players operating in the Healthcare IOT Security industry include, IBM Corporation, NVIDIA Corporation, Microsoft, iCarbonX, Next IT Corp., CloudMedx Inc., Atomwise Inc., Zephyr Health Inc., Deep Genomics Inc., and Medtronic.

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