Wednesday, 1 August 2018

North America is the Largest Artificial Intelligence in Healthcare Market as the Region

The increasing adoption of artificial intelligence (AI) in healthcare industry is playing a crucial role in supporting prevention, treatment plans, medication management, diagnosis, drug creation and precision medicine. The use of AI tools by the healthcare manpower is helping them to effectively address the increasing healthcare demands. AI technology has several applications in the healthcare industry such as robot-assisted surgery, virtual nursing assistants, fraud detection, administrative workflow assistance, preliminary diagnosis, automated image diagnosis and cyber security.


The artificial intelligence technology is helping the healthcare industry to allocate the data from the real life surgical experiences to inform about new improved techniques and insights for doing surgery to the surgeons. This is helping the organizations to improve and enhance the overall outcomes and trust of the consumers for AI applicability across various surgical areas of practice. This is also helping to reduce burden on the medical professionals.

Artificial intelligence is the area of computer science that emphasizes on the creation of intelligent machines that works and reacts like human beings. Artificial intelligence in healthcare industry provides an access to various objects, properties, categories and relations amongst all the organizations to implement knowledge engineering. Machine learning is one of the crucial parts of artificial intelligence that has an ability to identify patterns in streams of input and involves classification and numerical regressions.


Geographically, North America is the largest artificial intelligence in healthcare market as the region estimates fastest growth rate in this technology and companies are increasingly investing in this technology to drive the future growth of healthcare industry in North America. The rising adoption of AI technology in medical devices depicts that its future demand is obvious and AI is expected to become a crucial feature for the future growth of healthcare industry in this region. Asia-Pacific is expected to be the fastest-growing region in this market as the organizations are increasingly adopting machine learning technology that is one of the crucial aspects of artificial intelligence technology.

Some of the key players in the market include Nvidia Corporation, IBM Corporation, Google Inc., Microsoft Corporation, Intel Corporation, Welltok, Inc., iCarbonX, General Electric Company, Siemens Healthineers GmbH, Medtronic Plc., Koninklijke Philips N.V., Johnson & Johnson, Next IT Corpo, Enlitic Inc., CloudMedx Inc.,   General Vision Inc., Carescore, Recursion Pharmaceuticals, Inc., Stryker Corporation, Atomwise, Inc., Zephyr Health, Inc., Senterian, Oncora Medical, Inc., Baby Labs, Inc. and Deep Genomics, Inc. 

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