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Artificial Intelligence (AI) Healthcare Market to hit USD 97.23Bn at a CAGR of 40.51 percent by 2029

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Pune, March 02, 2023 (GLOBE NEWSWIRE) — Maximize Market Research is a leading healthcare market research firm has published report on “Artificial Intelligence (AI) Healthcare Market”. The report includes key business insights, demand analysis, pricing analysis, and competitive landscape along with market drivers and challenges for the growth of the market. Artificial Intelligence (AI) Healthcare Market size was valued at USD 6.95 Billion in 2021 and is expected to grow at a CAGR of 40.51 percent from 2022 to 2029, reaching nearly USD 97.23 Billion.

Market Size in 2021 USD 6.95 Bn.
Market Size in 2029 USD 97.23Bn.
CAGR 40.51% (2022-2029)
Forecast Period 2022-2029
Base Year 2021
Number of Pages 268
No. of Tables 116
No. of Charts and Figures 107
Segment Covered Type, Application, End-User
Regional Scope North America, Europe, Asia Pacific, Middle East and Africa, South America
Report Coverage Market Share, Size & Forecast by Revenue | 2022−2029, Market Dynamics, Growth Drivers, Restraints, Investment Opportunities, and Key Trends, Competitive Landscape, Key Players Benchmarking, Competitive Analysis, MMR Competition Matrix, Competitive Leadership Mapping, Global Key Players’ Market Ranking Analysis.

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Artificial Intelligence (AI) Healthcare Market Research Methodology

The report on Artificial Intelligence (AI) Healthcare Market covers key aspects of the market dynamics. The key insights of the industry include the major drivers of the market, challenges to growth, restraining factors and lucrative opportunities for the growth of the market. Given the rapid spread of AIs and their growing advancement and applications in various sectors, a special section is dedicated to their growth. The report provides the Artificial Intelligence (AI) Healthcare Market size using a bottom-up approach.

For the regional analysis of the Artificial Intelligence (AI) Healthcare Market, the research is conducted at country, regional and global level. A thorough regional analysis provides information on the market penetration, regional dominance and major players in the market. To gain insights on the growth of various segments, the market is divided by type, application and user-end.

Major competitors in the Artificial Intelligence (AI) Healthcare Market are listed along with new entrants to get a comprehensive outlook on the competitive landscape of the market. Key players in the market are analysed based on key indicators such as the revenue generated, financial health of the company, technological advancements, social media presence, marketing tactics, investment strategies, mergers and acquisitions, joint ventures and partnerships.

Get a Sample Copy of the Report: https://www.maximizemarketresearch.com/request-sample/21261

Data was collected using both primary and secondary research methods. This ensures that the analysis is validated using primary research. Primary research includes interviews, surveys, questionnaires and telephonic interviews while secondary research includes paid and authentic databases along with government sources, journals and white papers. For the analysis, research tools such as SWOT, PESTLE and Porter’s Five Force analysis were used in the report. This aids clients take data-driven investment and marketing decisions in the Artificial Intelligence (AI) Healthcare Market.

Artificial Intelligence (AI) Healthcare Market Overview

Healthcare organizations across the world are adopting AI technologies, which help them to analyze their accumulated vast data sets and uncover patterns and insights that humans are unable to find on their own. With deep AI knowledge, healthcare organizations use algorithms that help them to grow their business. The Artificial intelligence in healthcare Market is majorly driven by the increasing research and development and huge investments for the development of healthcare infrastructure.

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Artificial Intelligence (AI) Healthcare Market Dynamics

Artificial intelligence has witnessed a massive surge over the decade and continues to grow with increasing applications in almost all fields. This is especially true for the healthcare sector with advancements in healthcare infrastructure. Increased research and development and incorporation of the technology in medical devices and instruments, especially in developed economies are expected to drive the growth of the Artificial Intelligence (AI) Healthcare Market over the forecast period.

The growing prevalence of chronic and acute diseases, especially among the older population is also responsible for the growth of the Artificial Intelligence (AI) Healthcare Market. Governments are increasing expenditures on the healthcare sector along with private players has increased. This has resulted in the rapid adoption of innovative technology in hospitals for the management of medical data which is expected to fuel the growth of the Artificial Intelligence (AI) Healthcare Market. However, the high cost associated with research and development and hesitance among medical practitioners regarding the use of the technology is expected to hinder the Artificial Intelligence (AI) Healthcare Market growth.

Artificial Intelligence (AI) Healthcare Market Regional Insights

The North American region is expected to witness increased demand over the forecast period. The regional Artificial Intelligence (AI) Healthcare Market is led by the U.S. The regional growth is attributed to the rapid incorporation of AI technology in the healthcare system. The country is among the leading competitors for the advancement and adoption of AI in the healthcare sector. This growth presents lucrative opportunities for growth to regional players which are resulting in an increase in venture capital investments, thereby increasing the number of new entrants in the regional Artificial Intelligence (AI) Healthcare Market.

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The Asia-Pacific region is expected to witness significant growth over the forecast period. The regional Artificial Intelligence (AI) Healthcare Market growth is led by countries such as China and Japan given the advancement and increased usage of AI. Government initiatives and schemes to develop the healthcare infrastructure along with the adoption of AI in various applications such as imaging and radiology are expected to drive the regional Artificial Intelligence (AI) Healthcare Market over the forecast period. Artificial Intelligence (AI) Healthcare Market Segmentation

Artificial Intelligence (AI) Healthcare Market Segmentation:

By Type:

  • Deep Learning
  • Querying Application
  • Natural Language Processing
  • Context Aware Processing

By Application:

  • Robot-assisted Surger
  • Virtual Nursing Assistant
  • Administrative Workflow Assistance
  • Fraud Detection
  • Dosage Error Reduction
  • Clinical Trial Participant Identifier
  • Preliminary Diagnosis
  • Others

By End-User:

  • Healthcare Provider
  • Pharmaceutical & Biotechnology Company
  • Patient

Artificial Intelligence (AI) Healthcare Market Key Players include:

  • Shimadzu Recursion Pharmaceuticals, Inc.
  • Siemens Healthineers
  • General Electric (GE) Company
  • Koninklijke Philips N.V.
  • Cloudmedx, Inc.
  • Bay Labs
  • Welltok, Inc.
  • Intel Corporation
  • Nvidia Corporation
  • Google Inc.
  • IBM Corporation
  • Microsoft Corporation
  • General Vision, Inc.
  • Enlitic, Inc.
  • Next IT Corporation
  • iCarbonX.
  • Deep Genomics Inc.
  • Enlitic Inc.
  • International Business Machines Corporation (IBM)
  • Oncore Medical Inc.
  • Recursion Pharmaceuticals Inc.
  • Stryker Corporation

Key questions answered in the Artificial Intelligence (AI) Healthcare Market are:

  • What is Artificial Intelligence (AI) Healthcare?
  • What is the current growth rate of the Artificial Intelligence (AI) Healthcare Market?
  • Who are the key players in the Artificial Intelligence (AI) Healthcare Market?
  • What are the factors affecting growth in the Artificial Intelligence (AI) Healthcare Market?
  • Who held the largest market share in Artificial Intelligence (AI) Healthcare Market?
  • What is the demand pattern for the Artificial Intelligence (AI) Healthcare Market?
  • What are the opportunities for the Artificial Intelligence (AI) Healthcare Market?
  • What are the strategies used by competitors in the Artificial Intelligence (AI) Healthcare Market?
  • What are the growth prospects in developing countries for the Artificial Intelligence (AI) Healthcare Market?
  • Which segment is expected to witness the fastest growth and why in the Artificial Intelligence (AI) Healthcare Market?

Key Offerings:

  • Past Market Size and Competitive Landscape (2018 to 2021)
  • Past Pricing and price curve by region (2018 to 2021)
  • Market Size, Share, Size & Forecast by different segment | 2022−2029
  • Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by region
  • Market Segmentation – A detailed analysis of the Type, Application, End-User and Region
  • Competitive Landscape – Profiles of selected key players by region from a strategic perspective
    • Competitive landscape – Market Leaders, Market Followers, Regional player
    • Competitive benchmarking of key players by region
  • PESTLE Analysis
  • PORTER’s analysis
  • Value chain and supply chain analysis
  • Legal Aspects of business by region

Maximize Market Research is leading healthcare research firm, has also published the following reports:

Blockchain Healthcare MarketThe market size is expected to reach USD 2267.34 Mn by 2029 at a CAGR of 56.2 percent during the forecast period. It is expected to be driven by increasing need to improve interoperability and security of the healthcare information systems and increase in medical data breaches.

Healthcare IoT MarketThe market size is expected to reach USD 421.61 Bn by 2029 at a CAGR of 13.8 percent during the forecast period. It is expected to be driven by technological advancements, increasing demand for low-cost disease management and treatment and the rising prevalence of chronic diseases.

Healthcare Supply Chain Management MarketThe market size is expected to reach USD 4.10 billion by 2029 at a CAGR of 7.5 percent during the forecast period. It is expected to be driven by increasing need for efficient use of resources and research and development.

Computational Medicine and Drug Discovery Software MarketThe market size is expected to reach USD 1002 million by 2029 at a CAGR of 3.7 percent during the forecast period. It is expected to be driven by growing popularity for customized medicine, the development of information technology and the introduction of speedy and precise computational platforms.

Cloud Based Drug Discovery Platform MarketThe market size is expected to reach USD 6.12billion by 2029 at a CAGR of 14.65 percent during the forecast period. It is expected to be driven by increasing investment in drug discover, the use of AI and research and development.

About Maximize Market Research:

Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.


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Artificial Intelligence

Wego and Tourism Authority of Thailand Partner for The Fourth Consecutive Year, Showcasing the Beauty of Thailand

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DUBAI, UAE, April 25, 2024 /PRNewswire/ — Wego, the largest online travel marketplace in the Middle East and North Africa (MENA), is thrilled to announce its continued partnership with the Tourism Authority of Thailand (TAT) for the fourth consecutive year, showcasing the unparalleled beauty and charm of Thailand as a premier travel destination.

 
 
Building upon the success of their previous collaborations, Wego and the Tourism Authority of Thailand are once again teaming up to promote Thailand’s diverse attractions, rich culture, and breathtaking landscapes to travelers worldwide. Through this strategic partnership, Wego aims to inspire travelers to explore the wonders of Thailand and experience its unique blend of tradition and modernity.
Over the past campaigns, Wego and the Tourism Authority of Thailand have successfully amplified Thailand’s appeal as a top travel destination, reaching millions of travelers and driving significant interest in visiting the country. From its pristine beaches and vibrant cities to its lush jungles and cultural heritage sites, Thailand offers an array of experiences that cater to every traveler’s preferences.
“We are delighted to continue our partnership with the Tourism Authority of Thailand for the fourth consecutive campaign,” said Mamoun Hmedan, Chief Business Officer, Wego. “Thailand is a beloved destination for travelers worldwide, and we are committed to showcasing its beauty and diversity through our platform. Together with the Thailand Tourism Board, we look forward to inspiring even more travelers to explore all that Thailand has to offer.”
The success of the previous campaigns underscores the effectiveness of Wego and the Thailand Tourism Board’s collaborative efforts in promoting Thailand as a must-visit destination. By leveraging Wego’s extensive reach and innovative marketing capabilities, the partnership aims to further elevate Thailand’s profile and attract more travelers to experience the magic of the Land of Smiles.
“We are thrilled to continue our partnership with Wego for the fourth campaign,” said Mr. Chaiwat Tamthai, Director of TAT Dubai office. “Thailand offers an unparalleled travel experience, from its stunning beaches and vibrant cities to its rich cultural heritage. Through our collaboration with Wego, we are excited to showcase the beauty of Thailand to travelers in the MENA region and invite them to discover the wonders of our country.”
As travelers seek unforgettable experiences and breathtaking landscapes, Wego and the Tourism Authority of Thailand are committed to showcasing Thailand’s unique charm and allure, inviting travelers to embark on an unforgettable journey to this enchanting destination.
About Wego
Wego provides award-winning travel search websites and top-ranked mobile apps for travelers living in the Asia Pacific and the Middle East regions. Wego harnesses powerful yet simple to use technology that automates the process of searching and comparing results from hundreds of airlines, hotels, and online travel agency websites.
Wego presents an unbiased comparison of all travel products and prices offered in the marketplace by merchants, both local and global, and enables shoppers to quickly find the best deal and place to book whether it is from an airline or hotel directly or with a third-party aggregator website.
Wego was founded in 2005 and is dual headquartered in Dubai and Singapore with regional operations in Bangalore, Riyadh, Cairo, Lahore, and Kuala Lumpur.
 
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Building Energy Management Systems Market Projected to Reach $67.69 billion by 2030 – Exclusive Report by 360iResearch

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PUNE, India, April 24, 2024 /PRNewswire/ — The report titled “Building Energy Management Systems Market by Component (Hardware, Services, Software), Type (Integrated Building Energy Management Systems, Standalone Building Energy Management Systems), Application, Deployment Mode, End-Use – Global Forecast 2024-2030” is now available on 360iResearch.com’s offering, presents an analysis indicating that the market projected to grow from a size of $34.52 billion in 2023 to reach $67.69 billion by 2030, at a CAGR of 10.09% over the forecast period.

 
“Revolutionizing Energy Efficiency Globally With The Evolution of Building Energy Management Systems (BEMS)”
In an era where energy conservation and efficiency have become paramount, building energy management systems (BEMS) are at the forefront of this transformation, offering solutions that monitor, control, and optimize energy usage within buildings. These advanced systems, leveraging real-time data analytics, automate energy control, enhance energy savings, reduce costs, and contribute to a greener planet. Primarily utilized in commercial spaces, residential areas, and industrial sectors, BEMS has a broad application scope, covering HVAC, lighting, and security systems. Factors driving the expansion of the BEMS market include escalating energy expenses, heightened awareness of environmental impacts, and the increasing incorporation of Internet of Things (IoT) and cloud-based technologies, coupled with supportive government initiatives promoting energy-efficient infrastructures. Although challenges such as high initial costs and technology integration barriers exist, the advent of AI and IoT technologies within BEMS heralds a future of predictive energy management and remote operational capabilities, with a growing emphasis on integrating renewable energy sources. Regions such as the United States, Canada, the European Union, and emerging economies such as China and India are witnessing significant growth in BEMS adoption, spurred by regulatory policies and a shift towards sustainable building practices. This global movement toward BEMS signals a step toward reducing carbon footprints and highlights the collective effort to embrace technology for a sustainable future.
Download Sample Report @ https://www.360iresearch.com/library/intelligence/building-energy-management-systems
“Harnessing Energy Management for Sustainability and Efficiency”
Data centers are pivotal infrastructures in the digital transformation era, consuming up to 50 times more energy than typical commercial spaces. This energy demand positions data centers as key contributors to the U.S.’s overall electricity consumption. Recognizing this, implementing building energy management systems (BEMS) is crucial in mitigating the environmental impact and operational costs associated with data centers. BEMS optimizes cooling systems to prevent equipment overheating, thereby enhancing energy efficiency by leveraging real-time data. Such systems reduce the power usage effectiveness (PUE) ratio, highlighting a move toward more sustainable consumption patterns and ensuring data centers’ operational continuity. Integrating seamlessly with existing infrastructure, BEMS offers a comprehensive approach to energy management, enabling more innovative cooling, efficient power usage, and predictive maintenance. This transition highlights a commitment to environmental responsibility and fosters operational efficiency, setting a new standard for data center operations worldwide.
“Revolutionizing Building Efficiency With Advanced Energy Management Systems Optimized Usage”
In push toward sustainability, building energy management systems (BEMS) stands at the forefront of innovation, integrating sophisticated hardware such as sensors, actuators, controllers, and more to manage and reduce energy consumption in buildings meticulously. These systems work in concert to monitor environmental conditions and adjust heating, ventilation, and air conditioning (HVAC) settings in real time, leading to significant energy savings. BEMS provides valuable data that helps identify savings opportunities, while networking tools ensure seamless communication between devices by precisely tracking energy flow through meters. Servers process vast amounts of data, enabling detailed analysis and actionable insights to refine energy use further. Additionally, comprehensive services, including customized consultations and dedicated support, ensure that each BEMS is tailored to a building’s unique needs, providing efficient operation and extended system longevity. BEMS exemplifies the strategic shift toward more sustainable and operationally excellent building management through the collaborative synergy of hardware, software, and expert services.
Request Analyst Support @ https://www.360iresearch.com/library/intelligence/building-energy-management-systems
“Schneider Electric SE at the Forefront of Building Energy Management Systems Market with a Strong 13.97% Market Share”
The key players in the Building Energy Management Systems Market include Schneider Electric SE, Honeywell International Inc., Azbil Corporation, Emerson Electric Co., Johnson Controls International PLC, and others. These prominent players focus on strategies such as expansions, acquisitions, joint ventures, and developing new products to strengthen their market positions.
“Introducing ThinkMi: Revolutionizing Market Intelligence with AI-Powered Insights for the Building Energy Management Systems Market”
We proudly unveil ThinkMi, a cutting-edge AI product designed to transform how businesses interact with the Building Energy Management Systems Market. ThinkMi stands out as your premier market intelligence partner, delivering unparalleled insights with the power of artificial intelligence. Whether deciphering market trends or offering actionable intelligence, ThinkMi is engineered to provide precise, relevant answers to your most critical business questions. This revolutionary tool is more than just an information source; it’s a strategic asset that empowers your decision-making with up-to-the-minute data, ensuring you stay ahead in the fiercely competitive Building Energy Management Systems Market. Embrace the future of market analysis with ThinkMi, where informed decisions lead to remarkable growth.
Ask Question to ThinkMi @ https://app.360iresearch.com/library/intelligence/building-energy-management-systems
“Dive into the Building Energy Management Systems Market Landscape: Explore 180 Pages of Insights, 566 Tables, and 26 Figures”
PrefaceResearch MethodologyExecutive SummaryMarket OverviewMarket InsightsBuilding Energy Management Systems Market, by ComponentBuilding Energy Management Systems Market, by TypeBuilding Energy Management Systems Market, by ApplicationBuilding Energy Management Systems Market, by Deployment ModeBuilding Energy Management Systems Market, by End-UseAmericas Building Energy Management Systems MarketAsia-Pacific Building Energy Management Systems MarketEurope, Middle East & Africa Building Energy Management Systems MarketCompetitive LandscapeCompetitive PortfolioInquire Before Buying @ https://www.360iresearch.com/library/intelligence/building-energy-management-systems
Related Reports:
Home Energy Management System Market – Global Forecast 2024-2030Energy Management System Market – Global Forecast 2024-2030Intelligent Building Automation Technologies Market – Global Forecast 2024-2030About 360iResearch
Founded in 2017, 360iResearch is a market research and business consulting company headquartered in India, with clients and focus markets spanning the globe.
We are a dynamic, nimble company that believes in carving ambitious, purposeful goals and achieving them with the backing of our greatest asset — our people.
Quick on our feet, we have our ear to the ground when it comes to market intelligence and volatility. Our market intelligence is diligent, real-time and tailored to your needs, and arms you with all the insight that empowers strategic decision-making.
Our clientele encompasses about 80% of the Fortune Global 500, and leading consulting and research companies and academic institutions that rely on our expertise in compiling data in niche markets. Our meta-insights are intelligent, impactful and infinite, and translate into actionable data that support your quest for enhanced profitability, tapping into niche markets, and exploring new revenue opportunities.
Contact 360iResearchMr. Ketan Rohom360iResearch Private Limited,Office No. 519, Nyati Empress,Opposite Phoenix Market City,Vimannagar, Pune, Maharashtra,India – 411014.Email: [email protected]: +1-530-264-8485India: +91-922-607-7550
To learn more, visit 360iresearch.com or follow us on LinkedIn, Twitter, and Facebook.
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Terra Drone, Unifly, and Aloft Launch UTM Development for AAM Targeting Global Markets

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TOKYO, April 25, 2024 /PRNewswire/ — Terra Drone Corporation, a leading drone and Advanced Air Mobility (AAM) technology provider headquartered in Japan, announced today the launch of joint development with its Group companies Unifly NV (“Unifly”) and Aloft Technologies Inc. (“Aloft”) focused on UAS Traffic Management (UTM) for AAMs targeting global markets. Terra Drone has been making strides in its pioneering UTM business via strategic investments in Unifly, a leading UTM technology provider based in Belgium, and Aloft, which has the top UTM market share in the U.S. This collaboration marks the world’s first-ever joint UTM development for AAMs by multiple companies with extensive track records in UTM implementation and operation.

The three companies pursue joint UTM development to capitalize on the rapid global progress in electric vertical take-off and landing aircrafts (eVTOLs), set to revolutionize transportation. Morgan Stanley forecasts the Urban Air Mobility (UAM) market to reach $1 trillion by 2040 and $9 trillion by 2050 (1), with eVTOLs gaining global recognition through test flights and prototype showcases.
The companies proudly announce initiatives to enhance their existing UTM platforms in anticipation of the surge in eVTOL aircraft and drone activities. The shared vision for the UTM platform is to enable safe and efficient flight operations for eVTOLs and drones in the foreseeable future.
Recognizing the evolving needs of the AAM industry, they are dedicated to extending their platform by incorporating crucial additional functions. These enhancements, designed with automation at their core, aim to streamline operational efficiencies and pave the way for the integration of their increasingly automated UTM technology into the design and operational framework of AAMs. Through these efforts, they aim to set new standards in UTM and to facilitate the seamless integration of eVTOLs and drones into the national airspace, bolstering the potential for the AAM industry.
Through this initiative, they aim to build a global UTM infrastructure that kickstarts the AAM industry worldwide, creating a cohesive ecosystem that supports AAM growth and addresses broader challenges of urban mobility, sustainability, and air traffic safety.
Notes to Editor:
Research by Morgan Stanley in a report titled “eVTOL/Urban Air Mobility TAM Update: A Slow Take-Off, But Sky’s the Limit” https://advisor.morganstanley.com/the-busot-group/documents/field/b/bu/busot-group/Electric%20Vehicles.pdf] 
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