Market Research Report
Germany AI in Healthcare Market 2019-2025
|Published by||Orion Market Research Pvt Ltd||Product code||922232|
Delivery time: 2-3 business days
|Germany AI in Healthcare Market 2019-2025|
|Published: January 14, 2020||Content info:||
Germany AI in Healthcare Market Size, Share & Trends Analysis Report by Offering (Hardware and Software & Services), By End-User Industry (Hospitals & Healthcare Facilities, Personal Care, Biotechnology & Pharmaceutical Companies), By Application (Diagnosis, Biomarker, Virtual Nursing Assistance, Remote Monitoring of Patients, Drug Discovery, and AI-Enabled Hospital Care), and Forecast 2019-2025
Germany AI in healthcare market is estimated to grow significantly at a CAGR of 51.6% during the forecast period. The presence of well-established and start-up companies is one of the major factors driving the growth of the AI in healthcare market in the country. The market is segmented on the basis of offering, end-user industry, and application. Based on offering, the market is divided into software & services and hardware. Based on the end-user industry, the market is segmented into hospitals & healthcare facilities, personal care, and biotechnology & pharmaceutical companies. Further, on the basis of application, the market is segmented into diagnosis, biomarker, virtual nursing assistants, remote monitoring of patients, drug discovery, and ai-enabled hospital care.
The country is performing R&D dedicated to gain a position in the AI sector. The country has various sites focused on R&D in healthcare-related to AI which include DFKI (Das Deutsche Forschungszentrum fur Kunstliche Intelligenz GmbH), Intelligent Analysis and Information Systems (IAIS), and Fraunhofer Institute for Medical Image Computing (MEVIS) and Cyber Valley. The country is focusing on developing the supra-regional Centers of Excellence for AI to provide innovative AI services globally. It is also working for SME funding for research on AI as well as the implementation of the findings in AI research. For instance, in 2017, ADA health received funding of around $47 million led by Access Industries, Len Blavatnik's global investment group. The company has got overall funding of $69 million till 2019. Further, the IAIS is focused on discovering the application of big data and AI in medical to identify precisely patterns in diagnostic images that indicate disease.
The market study of the Germany AI in healthcare market is incorporated by extensive primary and secondary research conducted by the research team. Secondary research has been conducted to refine the available data to breakdown the market in various segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. In the report, the analysis of the country is provided by analyzing various regional players, regional tax laws and policies, consumer behavior and macro-economic factors. Numbers extracted from Secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. This enables our analyst to derive the closest possible figures without any major deviations in the actual number. Our analysts try to contact as many executives, managers, key opinion leaders, and industry experts. Primary research brings authenticity to our reports.
The report is intended for IT companies, automobile companies, BFSI companies, private companies, healthcare companies, research institutes, hospitals, and government organizations for the overall market and competitive analysis. The report provides an in-depth analysis on market size, and future market opportunities. The report will serve as a source for 360-degree analysis of the market thoroughly delivering insights into the market for making better business decisions.