ASIA PACIFIC ARTIFICIAL INTELLIGENCE IN HEALTHCARE MARKET FORECAST 2020-2028

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ASIA PACIFIC ARTIFICIAL INTELLIGENCE IN HEALTHCARE MARKET FORECAST 2020-2028

The Asia Pacific artificial intelligence in healthcare market is projected to record growth, registering a CAGR of 41.05%, during the forecast period. The investments made by the private and government organizations, along with the increasing establishment of startups, are the prominent drivers of market growth. The countries evaluated for market growth analysis in the Asia Pacific artificial intelligence in healthcare market are Vietnam, Thailand, South Korea, Indonesia, Australia & New Zealand, India, China, Japan, and the rest of Asia Pacific.

ASIA PACIFIC ARTIFICIAL INTELLIGENCE IN HEALTHCARE MARKET FORECAST 2020-2028

Asia Pacific Artificial Intelligence in Healthcare Market by Offerings (Hardware, Software, Services) by Technology (Deep Learning, Querying Method, Natural Language Processing, Context Aware Processing) by End-user (Acos and Mcos, Patients, Payers, Pharmaceutical and Biotechnology Companies, Providers) by Application (Real-time Monitoring, Precision Medicine, Personal Health and Nursing Assistants, Drug Development and Discovery, Robot-assisted Surgery, Administrative Workflow Assistance, Clinical Trials, Diagnostic and Clinical Decision Support, Others) and by Geography.

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The Asia Pacific artificial intelligence in healthcare market is projected to record growth, registering a CAGR of 41.05%, during the forecast period. The investments made by the private and government organizations, along with the increasing establishment of startups, are the prominent drivers of market growth.

The countries evaluated for market growth analysis in the Asia Pacific artificial intelligence in healthcare market are Vietnam, Thailand, South Korea, Indonesia, Australia & New Zealand, India, China, Japan, and the rest of Asia Pacific. The artificial intelligence finds major application and adoption in the subsidies of the healthcare industry, which primarily entail genome testing and precision medicine. The five-year plan of the government in China includes initiatives like artificial intelligence in healthcare, which has resulted in increased adoption and growth. The radiologists are prioritizing the utilization of artificial intelligence technology for hastening the medical diagnosis, which would aid in identifying nodules and lesions in lung cancer patients. According to the National Institute of Health, AI has been increasingly used in radiology. The government has also been pushing for the utility and application of big data in healthcare, since the beginning of 2015. The high investments in healthcare information technology propel the market growth in India. Many organizations in the country are putting in efforts for the development of innovative technologies and products, and are also focusing on genome testing and precision medicine. Ai is primarily used in hospitals for analyzing scans, medical images, and videos, in order to generate information for further diagnosis.

iCarbonx is a company based in China that primarily develops an internet-based universal health platform with an artificial intelligence system. The product portfolio of the company includes the Meum platform and AI healthcare unicorn. The company works with several institutions like pharmaceutical companies, insurance companies, diagnostic companies, etc.

 

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  1. RESEARCH SCOPE & METHODOLOGY
    • STUDY OBJECTIVES
    • SCOPE OF STUDY
    • METHODOLOGY
    • ASSUMPTIONS & LIMITATIONS
  2. EXECUTIVE SUMMARY
    • MARKET SIZE & ESTIMATES
    • MARKET OVERVIEW
  3. MARKET DYNAMICS
    • DEVELOPMENT OF ARTIFICIAL INTELLIGENCE IN HEALTHCARE
    • MARKET DEFINITION
    •    KEY DRIVERS
      • RISE OF BIG DATA IN HEALTHCARE INDUSTRY
      • EMERGENCE OF PERSONALIZED MEDICINE IN TESTS FOR CLINICAL DECISION MAKING
      • INCREASING USE OF AI IN GENETICS
      • AI CREATING A REAL-TIME MONITORING SYSTEM
      • HEALTHCARE WEARABLES PLAYING AN IMPORTANT ROLE IN MONITORING
    •    KEY RESTRAINTS
      • SLOW ADOPTION OF AI BASED TECHNOLOGIES
      • AMBIGUOUS REGULATORY GUIDELINES FOR MEDICAL SOFTWARE
      • CHALLENGE TO MAINTAIN DATA SECURITY
      • LACK OF USABLE DATA IN HEALTHCARE
  1. KEY ANALYTICS
    • KEY INVESTMENT INSIGHTS
    •    PORTER’S FIVE FORCE ANALYSIS
      • BUYER POWER
      • SUPPLIER POWER
      • SUBSTITUTION
      • NEW ENTRANTS
      • INDUSTRY RIVALRY
    • OPPORTUNITY MATRIX
    • VENDOR LANDSCAPE
    •    VALUE CHAIN ANALYSIS
      • DATA WAREHOUSE
      • ARTIFICIAL INTELLIGENCE (AI) ANALYSIS
      • SOFTWARE DEVELOPMENT
    •    KEY BUYING CRITERIA
      • APPLICATION
      • TECHNOLOGY
      • INTEGRATION WITH EXISTING INFRASTRUCTURE
    • REGULATORY FRAMEWORK
  2. MARKET BY OFFERINGS
    • HARDWARE
    • SOFTWARE
    • SERVICES
  3. MARKET BY TECHNOLOGY
    • DEEP LEARNING
    • QUERYING METHOD
    • NATURAL LANGUAGE PROCESSING
    • CONTEXT AWARE PROCESSING
  4. MARKET BY END-USER
    • ACOS AND MCOS
    • PATIENTS
    • PAYERS
    • PHARMACEUTICAL AND BIOTECHNOLOGY COMPANIES
    • PROVIDERS
  5. MARKET BY APPLICATION
    • REAL-TIME MONITORING
    • PRECISION MEDICINE
    • PERSONAL HEALTH AND NURSING ASSISTANTS
    • DRUG DEVELOPMENT AND DISCOVERY
    • ROBOT-ASSISTED SURGERY
    • ADMINISTRATIVE WORKFLOW ASSISTANCE
    • CLINICAL TRIALS
    • DIAGNOSTIC AND CLINICAL DECISION SUPPORT
    • OTHERS
  6. GEOGRAPHICAL ANALYSIS
    •    ASIA PACIFIC
      • CHINA
      • JAPAN
      • INDIA
      • SOUTH KOREA
      • INDONESIA
      • THAILAND
      • VIETNAM
      • AUSTRALIA & NEW ZEALAND
      • REST OF ASIA PACIFIC
  1. COMPANY PROFILES
    • DEEP GENOMICS INC
    • ENLITIC INC
    • GE HEALTHCARE
    • GENERAL VISION INC
    • GOOGLE
    • IBM CORPORATION
    • ICARBONX
    • INTEL CORPORATION
    • MICROSOFT CORPORATION
    • NEXT IT CORPORATION
    • NVIDIA CORPORATION
    • ONCORA MEDICAL
    • RECURSION PHARMACEUTICALS INC
    • STRYKER CORPORATION
    • WELLTOK INC

TABLE LIST

TABLE 1: MARKET SNAPSHOT – ARTIFICIAL INTELLIGENCE IN HEALTHCARE

TABLE 2: REGULATORY FRAMEWORK

TABLE 3: ASIA PACIFIC ARTIFICIAL INTELLIGENCE IN HEALTHCARE MARKET, BY OFFERINGS, HISTORICAL YEARS, 2016-2019 (IN $ MILLION)

TABLE 4: ASIA PACIFIC ARTIFICIAL INTELLIGENCE IN HEALTHCARE MARKET, BY OFFERINGS, FORECAST YEARS, 2020-2028 (IN $ MILLION)

TABLE 5: ASIA PACIFIC ARTIFICIAL INTELLIGENCE IN HEALTHCARE MARKET, BY TECHNOLOGY, HISTORICAL YEARS, 2016-2019 (IN $ MILLION)

TABLE 6: ASIA PACIFIC ARTIFICIAL INTELLIGENCE IN HEALTHCARE MARKET, BY TECHNOLOGY, FORECAST YEARS, 2020-2028 (IN $ MILLION)

TABLE 7: ASIA PACIFIC ARTIFICIAL INTELLIGENCE IN HEALTHCARE MARKET, BY END-USER, HISTORICAL YEARS, 2016-2019 (IN $ MILLION)

TABLE 8: ASIA PACIFIC ARTIFICIAL INTELLIGENCE IN HEALTHCARE MARKET, BY END-USER, FORECAST YEARS, 2020-2028 (IN $ MILLION)

TABLE 9: ASIA PACIFIC ARTIFICIAL INTELLIGENCE IN HEALTHCARE MARKET, BY APPLICATION, HISTORICAL YEARS, 2016-2019 (IN $ MILLION)

TABLE 10: ASIA PACIFIC ARTIFICIAL INTELLIGENCE IN HEALTHCARE MARKET, BY APPLICATION, FORECAST YEARS, 2020-2028 (IN $ MILLION)

TABLE 11: ASIA PACIFIC ARTIFICIAL INTELLIGENCE IN HEALTHCARE MARKET, BY COUNTRY, HISTORICAL YEARS, 2016-2019 (IN $ MILLION)

TABLE 12: ASIA PACIFIC ARTIFICIAL INTELLIGENCE IN HEALTHCARE MARKET, BY COUNTRY, FORECAST YEARS, 2020-2028 (IN $ MILLION)

FIGURE LIST

FIGURE 1: TIMELINE OF ARTIFICIAL INTELLIGENCE IN HEALTHCARE

FIGURE 2: WORLDWIDE INTERNET USAGE IN MILLIONS & PER 100 INHABITANTS (2001-2019)

FIGURE 3: WORLDWIDE HEALTHCARE IOT DEVICE INSTALLATIONS

FIGURE 4: KEY INVESTMENT INSIGHTS

FIGURE 5: PORTER’S FIVE FORCE ANALYSIS

FIGURE 6: OPPORTUNITY MATRIX

FIGURE 7: VENDOR LANDSCAPE

FIGURE 8: VALUE CHAIN ANALYSIS OF AI IN HEALTHCARE MARKET

FIGURE 9: KEY BUYING CRITERIA

FIGURE 10: ASIA PACIFIC ARTIFICIAL INTELLIGENCE IN HEALTHCARE MARKET, GROWTH POTENTIAL, BY OFFERINGS, IN 2019

FIGURE 11: ASIA PACIFIC ARTIFICIAL INTELLIGENCE IN HEALTHCARE MARKET, BY HARDWARE, 2020-2028 (IN $ MILLION)

FIGURE 12: ASIA PACIFIC ARTIFICIAL INTELLIGENCE IN HEALTHCARE MARKET, BY SOFTWARE, 2020-2028 (IN $ MILLION)

FIGURE 13: ASIA PACIFIC ARTIFICIAL INTELLIGENCE IN HEALTHCARE MARKET, BY SERVICES, 2020-2028 (IN $ MILLION)

FIGURE 14: ASIA PACIFIC ARTIFICIAL INTELLIGENCE IN HEALTHCARE MARKET, GROWTH POTENTIAL, BY TECHNOLOGY, IN 2019

FIGURE 15: ASIA PACIFIC ARTIFICIAL INTELLIGENCE IN HEALTHCARE MARKET, BY DEEP LEARNING, 2020-2028 (IN $ MILLION)

FIGURE 16: ASIA PACIFIC ARTIFICIAL INTELLIGENCE IN HEALTHCARE MARKET, BY QUERYING METHOD, 2020-2028 (IN $ MILLION)

FIGURE 17: ASIA PACIFIC ARTIFICIAL INTELLIGENCE IN HEALTHCARE MARKET, BY NATURAL LANGUAGE PROCESSING, 2020-2028 (IN $ MILLION)

FIGURE 18: ASIA PACIFIC ARTIFICIAL INTELLIGENCE IN HEALTHCARE MARKET, BY CONTEXT AWARE PROCESSING, 2020-2028 (IN $ MILLION)

FIGURE 19: ASIA PACIFIC ARTIFICIAL INTELLIGENCE IN HEALTHCARE MARKET, GROWTH POTENTIAL, BY END-USER, IN 2019

FIGURE 20: ASIA PACIFIC ARTIFICIAL INTELLIGENCE IN HEALTHCARE MARKET, BY ACOS AND MCOS, 2020-2028 (IN $ MILLION)

FIGURE 21: ASIA PACIFIC ARTIFICIAL INTELLIGENCE IN HEALTHCARE MARKET, BY PATIENTS, 2020-2028 (IN $ MILLION)

FIGURE 22: ASIA PACIFIC ARTIFICIAL INTELLIGENCE IN HEALTHCARE MARKET, BY PAYERS, 2020-2028 (IN $ MILLION)

FIGURE 23: ASIA PACIFIC ARTIFICIAL INTELLIGENCE IN HEALTHCARE MARKET, BY PHARMACEUTICAL AND BIOTECHNOLOGY COMPANIES, 2020-2028 (IN $ MILLION)

FIGURE 24: ASIA PACIFIC ARTIFICIAL INTELLIGENCE IN HEALTHCARE MARKET, BY PROVIDERS, 2020-2028 (IN $ MILLION)

FIGURE 25: ASIA PACIFIC ARTIFICIAL INTELLIGENCE IN HEALTHCARE MARKET, GROWTH POTENTIAL, BY APPLICATION, IN 2019

FIGURE 26: ASIA PACIFIC ARTIFICIAL INTELLIGENCE IN HEALTHCARE MARKET, BY REAL-TIME MONITORING, 2020-2028 (IN $ MILLION)

FIGURE 27: ASIA PACIFIC ARTIFICIAL INTELLIGENCE IN HEALTHCARE MARKET, BY PRECISION MEDICINE, 2020-2028 (IN $ MILLION)

FIGURE 28: ASIA PACIFIC ARTIFICIAL INTELLIGENCE IN HEALTHCARE MARKET, BY PERSONAL HEALTH AND NURSING ASSISTANTS, 2020-2028 (IN $ MILLION)

FIGURE 29: ASIA PACIFIC ARTIFICIAL INTELLIGENCE IN HEALTHCARE MARKET, BY DRUG DEVELOPMENT AND DISCOVERY, 2020-2028 (IN $ MILLION)

FIGURE 30: ASIA PACIFIC ARTIFICIAL INTELLIGENCE IN HEALTHCARE MARKET, BY ROBOT-ASSISTED SURGERY, 2020-2028 (IN $ MILLION)

FIGURE 31: ASIA PACIFIC ARTIFICIAL INTELLIGENCE IN HEALTHCARE MARKET, BY ADMINISTRATIVE WORKFLOW ASSISTANCE, 2020-2028 (IN $ MILLION)

FIGURE 32: ASIA PACIFIC ARTIFICIAL INTELLIGENCE IN HEALTHCARE MARKET, BY CLINICAL TRIALS, 2020-2028 (IN $ MILLION)

FIGURE 33: ASIA PACIFIC ARTIFICIAL INTELLIGENCE IN HEALTHCARE MARKET, BY DIAGNOSTIC AND CLINICAL DECISION SUPPORT, 2020-2028 (IN $ MILLION)

FIGURE 34: ASIA PACIFIC ARTIFICIAL INTELLIGENCE IN HEALTHCARE MARKET, BY OTHERS, 2020-2028 (IN $ MILLION)

FIGURE 35: ASIA PACIFIC ARTIFICIAL INTELLIGENCE IN HEALTHCARE MARKET, REGIONAL OUTLOOK, 2019 & 2028 (IN %)

FIGURE 36: CHINA ARTIFICIAL INTELLIGENCE IN HEALTHCARE MARKET, 2020-2028 (IN $ MILLION)

FIGURE 37: JAPAN ARTIFICIAL INTELLIGENCE IN HEALTHCARE MARKET, 2020-2028 (IN $ MILLION)

FIGURE 38: INDIA ARTIFICIAL INTELLIGENCE IN HEALTHCARE MARKET, 2020-2028 (IN $ MILLION)

FIGURE 39: SOUTH KOREA ARTIFICIAL INTELLIGENCE IN HEALTHCARE MARKET, 2020-2028 (IN $ MILLION)

FIGURE 40: INDONESIA ARTIFICIAL INTELLIGENCE IN HEALTHCARE MARKET, 2020-2028 (IN $ MILLION)

FIGURE 41: THAILAND ARTIFICIAL INTELLIGENCE IN HEALTHCARE MARKET, 2020-2028 (IN $ MILLION)

FIGURE 42: VIETNAM ARTIFICIAL INTELLIGENCE IN HEALTHCARE MARKET, 2020-2028 (IN $ MILLION)

FIGURE 43: AUSTRALIA & NEW ZEALAND ARTIFICIAL INTELLIGENCE IN HEALTHCARE MARKET, 2020-2028 (IN $ MILLION)

FIGURE 44: REST OF ASIA PACIFIC ARTIFICIAL INTELLIGENCE IN HEALTHCARE MARKET, 2020-2028 (IN $ MILLION)

  1. GEOGRAPHICAL ANALYSIS
    •    ASIA PACIFIC
      • CHINA
      • JAPAN
      • INDIA
      • SOUTH KOREA
      • INDONESIA
      • THAILAND
      • VIETNAM
      • AUSTRALIA & NEW ZEALAND
      • REST OF ASIA PACIFIC
  1. MARKET BY OFFERINGS
    • HARDWARE
    • SOFTWARE
    • SERVICES
  2. MARKET BY TECHNOLOGY
    • DEEP LEARNING
    • QUERYING METHOD
    • NATURAL LANGUAGE PROCESSING
    • CONTEXT AWARE PROCESSING
  3. MARKET BY END-USER
    • ACOS AND MCOS
    • PATIENTS
    • PAYERS
    • PHARMACEUTICAL AND BIOTECHNOLOGY COMPANIES
    • PROVIDERS
  4. MARKET BY APPLICATION
    • REAL-TIME MONITORING
    • PRECISION MEDICINE
    • PERSONAL HEALTH AND NURSING ASSISTANTS
    • DRUG DEVELOPMENT AND DISCOVERY
    • ROBOT-ASSISTED SURGERY
    • ADMINISTRATIVE WORKFLOW ASSISTANCE
    • CLINICAL TRIALS
    • DIAGNOSTIC AND CLINICAL DECISION SUPPORT
    • OTHERS

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