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28-Apr-2023

Artificial Intelligence in Medicine Market 2025 | Covers Valuable Guidance for Future AI Expansion Industry Players | CAGR 49.6%

The Artificial Intelligence (AI) in Medicine market is a rapidly growing segment of the healthcare industry that is expected to significantly transform the way healthcare is delivered in the future. AI technology has the potential to revolutionize healthcare by improving the accuracy, efficiency, and speed of medical diagnosis and treatment, while reducing costs.

Artificial intelligence in medicine market was valued at $719 million in 2017 and is estimated to reach $18,119 million at a CAGR of 49.6% from 2018 to 2025.

Some of the key players involved in the Market are:

InSilico Medicine, Inc., Globavir Biosciences, Inc., GNS Healthcare, Flatiron Health, Benevolent AI, Atomwise, Verge Genomics, Cloud Pharmaceuticals, and Recursion Pharmaceuticals.

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The Artificial Intelligence (AI) in Medicine market can be segmented based on various factors, including:

  1. Technology: This segment includes machine learning, natural language processing, and others.
  2. Application: This segment includes imaging and diagnostics, drug discovery, virtual assistants, and others.
  3. End-user: This segment includes hospitals and clinics, pharmaceutical companies, research institutions, and others.
  4. Region: This segment includes North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.

Each of these segments has its own unique characteristics and growth drivers. For example, the imaging and diagnostics segment is expected to witness significant growth due to the increasing demand for AI-based solutions in medical imaging, which can help to improve the accuracy and speed of diagnoses. Similarly, the hospital and clinics segment is expected to grow due to the increasing adoption of AI-based solutions in healthcare management and patient care.

Understanding these segments is important for companies operating in the AI in medicine market, as it can help them to identify new opportunities and develop targeted strategies to address the specific needs of different customers and regions.

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Our Market Research Solution Provides You Answer Below Mentioned Question:

• Which are the driving factors responsible for the growth of market?
• Which are the roadblock factors of this market?
• What are the new opportunities, by which market will grow in coming years?
• What are the trends of this market?
• Which are main factors responsible for new product launch?
• How big is the global & regional market in terms of revenue, sales and production?
• How far will the market grow in forecast period in terms of revenue, sales and production?
• Which region is dominating the global market and what are the market shares of each region in the overall market in 2023?
• How will each segment grow over the forecast period and how much revenue will these segments account for in 2030?
• Which region has more opportunities?

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Last Updated: 28-Apr-2023