United Kingdom AI in healthcare market to be dominated by hardware till 2027
The increasing use of AI in providing digital
and virtual consultations to patients and offer drug creation and management
facilities is anticipated to augment the growth of United Kingdom AI in
healthcare market in the forecast period, 2023-2027.
According to TechSci Research
report, “United Kingdom AI inhealthcare market By Region, Competition Forecast & Opportunities, 2027”, the United Kingdom AI in healthcare market
is expected to witness growth at a significant rate in 2023-2027. Artificial
intelligence refers to an intelligent system that applies numerous human intelligence-based
functions including reasoning, learning, and problem-solving skills in several
disciplines including biology, computer science, mathematics, linguistics,
psychology, and engineering. Artificial intelligence in healthcare utilizes
algorithms and software to evaluate complex medical data. The increasing volume
of healthcare data and growing complexities of datasets impelling the necessity
for AI in healthcare across United Kingdom market. In addition to this,
enhancements in the computing power and decline in hardware costs, along with
the surging in number of cross-industry partnerships as well as collaborations
are driving the market growth. The rise in imbalance between the health
workforce and patients propels the necessity for improvised healthcare
facilities.
The emerging advanced
hardware systems that assist in improving the efficiency and effectiveness of
the AI software is anticipated to boost the market growth for hardware segment.
The growing adoption of AI in healthcare by several AI in healthcare and
biotechnology organizations across the United Kingdom to expedite vaccine or
drug development processes for COVID-19. This, in turn, is bolstering the
market growth.
However, the decreasing
acceptance of usage of AI from healthcare professionals, on account of the risk
of injury and misinterpretation is expected to hamper the growth of the AI in
healthcare market across United Kingdom.
Browse over XX market data Figures spread through 70
Pages and an in-depth TOC on "United Kingdom AI in healthcare market"
https://www.techsciresearch.com/report/united-kingdom-ai-in-healthcare-market/10674.html
The United Kingdom AI in
healthcare market is segmented into offering, technology, application, end-
user, regional distribution, and competitive landscape.
Based on offering, the market
is divided into hardware, software, services. Hardware segment is expected to
account for the largest share in the market in the coming years, 2023-2027.
Inflating need for AI hardware systems is anticipated to further provide
opportunities for the players to develop in the market.
Based on technology, the
market is segmented into machine learning, NLP, context-aware computing,
computer vision. NLP segment is estimated to witness a fastest growth during
the forecast years, 2023-2027. Because of the growing use of signal reduction,
data mining, and image recognition, which are integral components of most AI
protocols is expected to support the segmental growth.
Based on application, the
market is segmented into robot-assisted surgery, virtual nursing assistant,
administrative workflow assistance, fraud detection, dosage error reduction,
clinical trial participant identifier, preliminary diagnosis, and others. Robot-assisted
surgery segment holds the largest share in the market in the forecast period, 2023-2027. The
escalating demand for minimally invasive surgeries where AI-assisted
technologies are being widely utilized. This, in turn, estimated to grow at a
significant growth rate during the forecast period.
Based on end user, the market
is divided into healthcare providers, pharmaceutical & biotechnology
companies, patients, healthcare payers. Healthcare providers segment holds the
greatest share in the market in the forecast period, 2023-2027. The elevating
usage of & applications of AI systems to enhance patient outcomes and
maintain EHR & patient records are expected to boost the market growth.
The United Kingdom AI in
healthcare market is studied in major regions namely London, Southeast, East
Anglia, Scotland, Southwest, East Midlands, Yorkshire & Humberside, Rest of
United Kingdom.
Various key market players
operating in the United Kingdom AI in healthcare market are:
- Intel Corporation
- Microsoft Corporation
- IBM Corporation
- Siemens Healthineers
- Nvidia Corporation
- General Electric Company
- Medtronic
- Micron Technology
- Amazon Web Services
- Johnson & Johnson
Download Sample Report@ https://www.techsciresearch.com/sample-report.aspx?cid=10674
Customers
can also request for 10% free customization on this report.
“The sudden outbreak of the coronavirus disease
(COVID-19) across the globe has declined the frequency of physical
consultations owing to the lockdowns and social distancing measures. This, in
turn, resulted into the expanding utilization of AI technologies in the
healthcare sector for providing virtual consultations, diagnosis, and treatment
to patients. Along with this, numerous biotechnology and AI in healthcare
companies are adopting the upgraded technologies to expedite vaccine
development for COVID-19, thereby fuelling the growth of the market. Moreover,
various companies raised investments in healthcare AI start-ups in 2019, which
is acting as another major growth-inducing factor for the market. Furthermore,
the possibilities of decreasing medical costs, coupled with the growing gap
between healthcare professionals and the pool of patients, are projected to
create a positive outlook for the market. AI imaging tools in healthcare facilities
are used for screening chest X-rays for any signs of tuberculosis, which
mitigates human work, thereby bridging the resource gap. All these
aforementioned factors are expected to augment the market growth till 2027” said Mr. Karan Chechi, Research
Director with TechSci Research, a research based global management consulting
firm”.
“United Kingdom AI in
healthcareBy Device Type (Prenatal Care v/s Neonatal Care), By Application
(Jaundice, Pneumonia, Respiratory Disorders, ENT, Others), By End User
(Hospitals, Pediatric & Neonatal Clinics, Others), By Region, Competition
Forecast & Opportunities, 2027 has analyzed the future growth potential
of United Kingdom AI in healthcareand provides statistics & information on
market size, structure and future market growth. The report intends to provide
cutting-edge market intelligence and assist decision makers take sound
investment decisions. Besides, the report also identifies and analyzes the
emerging trends along with significant drivers, challenges, and opportunities
in United Kingdom Prenatal & Neonatal Care Devices market.
Contact
Mr. Ken Mathews
708 Third Avenue,
Manhattan, NY,
New York – 10017
Tel: +1-646-360-1656
Email: [email protected]
Website: https://www.techsciresearch.com