NORTH AMERICA ARTIFICIAL INTELLIGENCE IN HEALTHCARE MARKET FORECAST 2020-2028

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NORTH AMERICA ARTIFICIAL INTELLIGENCE IN HEALTHCARE MARKET FORECAST 2020-2028

The North America artificial intelligence in healthcare market is projected to record growth at a CAGR of 38.40% during the forecast period, 2020-2028. The increasing adoption of AI and the flourishing research & development activities, along with the investments by the private organizations and the government, are the important factors driving the growth if the market. The region also boasts of the presence of several multinational organizations like Stryker Corporation, IBM Corporation, Deep Genomics, and Intel Corporation. These companies are keen on advocating the utilization and adoption of artificial intelligence in the healthcare sector.

NORTH AMERICA ARTIFICIAL INTELLIGENCE IN HEALTHCARE MARKET FORECAST 2020-2028

North America 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 North America artificial intelligence in healthcare market is projected to record growth at a CAGR of 38.40% during the forecast period, 2020-2028. The increasing adoption of AI and the flourishing research & development activities, along with the investments by the private organizations and the government, are the important factors driving the growth if the market. The region also boasts of the presence of several multinational organizations like Stryker Corporation, IBM Corporation, Deep Genomics, and Intel Corporation. These companies are keen on advocating the utilization and adoption of artificial intelligence in the healthcare sector.

The countries evaluated for market growth analysis in the North America artificial intelligence in healthcare market are the United States and Canada. Several factors contribute to the growth of the market in the US, and among them are the increasing initiatives by the government, and the investments in artificial intelligence in healthcare. The implementation of various policies and norms, with regard to artificial intelligence development, is boosting the market growth. The United States announced a draft that encompasses a series of workshops and the formation of the National Science & Technology Council sub-committee that will prioritize machine learning and artificial intelligence, which will further fuel the growth of AI in the medical industry and healthcare. The government has also announced a considerable investment in the growth of precision medicine. It will study the DNA of the individual and prescribe the medicine accordingly. Such initiatives have boosted the growth of AI I healthcare sector.

Deep Genomics Inc is a company based in Canada that brings together the world’s leading expertise in machine learning and genome biology. The company has its operations in three major segments, genomics, deep learning, and precision medicine. The company has its headquarters in Toronto, Canada.

 

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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
    •    NORTH AMERICA
      • UNITED STATES
      • CANADA
  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

LIST OF TABLES

TABLE 1: MARKET SNAPSHOT – ARTIFICIAL INTELLIGENCE IN HEALTHCARE

TABLE 2: REGULATORY FRAMEWORK

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

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

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

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

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

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

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

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

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

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

LIST OF FIGURES

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: NORTH AMERICA ARTIFICIAL INTELLIGENCE IN HEALTHCARE MARKET, GROWTH POTENTIAL, BY OFFERINGS, IN 2019

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

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

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

FIGURE 14: NORTH AMERICA ARTIFICIAL INTELLIGENCE IN HEALTHCARE MARKET, GROWTH POTENTIAL, BY TECHNOLOGY, IN 2019

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

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

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

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

FIGURE 19: NORTH AMERICA ARTIFICIAL INTELLIGENCE IN HEALTHCARE MARKET, GROWTH POTENTIAL, BY END USER, IN 2019

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

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

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

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

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

FIGURE 25: NORTH AMERICA ARTIFICIAL INTELLIGENCE IN HEALTHCARE MARKET, GROWTH POTENTIAL, BY APPLICATION, IN 2019

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

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

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

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

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

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

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

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

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

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

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

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

  1. GEOGRAPHICAL ANALYSIS
    •    NORTH AMERICA
      • UNITED STATES
      • CANADA
  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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