Artificial Intelligence (AI) in Medical – Thematic Intelligence

Powered by

All the vital news, analysis, and commentary curated by our industry experts.

AI in Medical Market Analysis Report Overview

The medical devices industry is highly regulated and thus slow to adopt modern technologies, but it is gradually realizing the benefits of AI. Hence, the technology is now being used across the value chain for data management, remote surgery, diagnostic and procedural AI assistants, and clinical trial design.  AI has many applications in the medical market along with the potential to transform key aspects of the industry and drive innovation. Currently, an increasing number of established medical device companies and start-ups are investing in AI platforms with a common goal of aiding physicians in making faster and more reliable diagnostic decisions as the difficulty and volume of cases to be seen continue to mount.

The Artificial Intelligence (AI) in Medical thematic intelligence report assesses how AI, combined with other emerging technologies, can be used across the medical value chain. It provides an overview of the current landscape along with technology, macroeconomic, regulatory, and industry trends. The report also includes key players and highlights opportunities for the use of AI in the future. The report provides an industry-specific analysis based on GlobalData databases and surveys.

Report Pages 61
Regions Covered Global
Market Size (2022) $81.8 billion
CAGR (2022-2030) >31%
Forecast Period 2023-2027
Historical Period 2010-2022
Value Chain ·        Hardware

·        Data Management

·        Foundational AI

·        Advanced AI Capabilities

·        Delivery

Leading Adopters ·        3M

·        GE Healthcare

·        Medtronic

Specialist AI Vendors ·        CorticoMetrics

·        Enlitic

·        Nvidia

Enquire & Decide Discover the perfect solution for your business needs. Enquire now and let us help you make an informed decision before making a purchase.

AI in Medical – Key Trends

The main trends shaping the AI in medical theme over the next 12 to 24 months are technology trends, macroeconomic trends, regulatory trends, and industry trends.

  • Technology Trends: AI accelerators, AGI debate, quantum neural networks, and Neuromorphic computing are some of the technology trends impacting the AI in medical theme.
  • Macroeconomic Trends: AI-related talent, investment of China and the US in AI, and the trade war between the two developed nations regarding advanced tech are some of the macroeconomic trends impacting the theme.
  • Regulatory Trends: Regulatory guidelines for AI in the US and Europe, technology protectionism, and AI ethics are some of the regulatory trends impacting the theme.
  • Industry Trends: The industry trends impacting the theme include an increase in diagnostic speed and accuracy, intraoperative assistance, and predictive analytics of surgical assessment.

AI in Medical – Industry Analysis

The AI market was valued at $81.8 billion in 2022. The market is expected to achieve a CAGR of more than 31% between 2022 and 2027. AI will be a key driver of healthcare innovation in the future through various applications that include management of chronic diseases, improvement of clinical trials, medical imaging, and healthcare operational and decision support. As a result, many more companies including recognized leaders are adopting AI as part of their digital transformation strategies.

The AI in Medical industry analysis also covers:

  • Timeline

Global AI Revenue in Healthcare, Pharma, and Medical Device, 2022-2027 ($ Billion)

Global AI Revenue in Healthcare, Pharma, and Medical Device, 2022-2027 ($ Billion)

Buy the Full Report for More Insights into the AI in Medical Market Forecast

Download A Free Report Sample

AI in Medical - Value Chain Analysis

The AI value chain is split into five segments which are hardware, data management, foundational AI, advanced AI capabilities, and delivery.

Hardware: The hardware value chain can be further divided into semiconductors, cameras, sensors and lasers, and servers, among others. The AI hardware stack is similar to any IT system, although parts such as semiconductors, cameras, sensors, and edge equipment are very AI-specific. On the other hand, servers, storage, and networking equipment are standard and not designed specifically for AI use cases.

AI Value Chain Analysis

AI Value Chain Analysis

Buy the Full Report for More Value Chain Insights into the AI in Medical Market

Download A Free Report Sample

Leading AI Adopters

Some of the leading medical companies currently deploying AI are:

  • 3M
  • GE Healthcare
  • Medtronic

Specialist AI Vendors in Medical Devices

Some of the specialist AI vendors in the medical devices sector are:

  • CorticoMetrics
  • Enlitic
  • Nvidia

Buy the Full Report to Know More About the Leading AI Adopters and Vendors

Download A Free Report Sample

Medical Devices Sector Scorecard

At GlobalData, we use a scorecard approach to predict tomorrow’s leading companies within each sector. Our sector scorecard has three screens: a thematic screen, a valuation screen, and a risk screen. The thematic screen ranks companies based on overall leadership in the 10 themes that matter most to their industry, generating a leading indicator of future performance. The valuation screen ranks our universe of companies within a sector based on selected valuation metrics. The risk screen ranks companies within a particular sector based on overall investment risk.

Medical Devices Sector Scorecard – Thematic Screen

Medical Devices Sector Scorecard – Thematic Screen

Buy the Full Report to Know More about the Sector Scorecards

Download A Free Report Sample

Scope

This report provides:

  • A comprehensive analysis of the construction industry in Saudi Arabia.
  • Historical and forecast valuations of the construction industry in Saudi Arabia, featuring details of key growth drivers.
  • Segmentation by sector and by sub-sector.
  • Analysis of the mega-project pipeline, including breakdowns by development stage across all sectors, and projected spending on projects in the existing pipeline.
  • Listings of major projects, in addition to details of leading contractors and consultants.

Reasons to Buy

  • Identify and evaluate market opportunities using GlobalData’s standardized valuation and forecasting methodologies.
  • Assess market growth potential at a micro-level with over 600 time-series data forecasts.
  • Understand the latest industry and market trends.
  • Formulate and validate strategy using GlobalData’s critical and actionable insight.
  • Assess business risks, including cost, regulatory, and competitive pressures.
  • Evaluate competitive risk and success factors.

Medtronic
3M
Philips
GE Healthcare
Biotronik
Danaher
Getinge

Table of Contents

  • 1. Executive Summary
  • 2. Players
  • 3. Trends

    • 3.1. Technology trends
    • 3.2. Macroeconomic trends
    • 3.3. Regulatory trends
    • 3.4. Industry trends

  • 4. Industry Analysis

    • 4.1. Market size and growth forecasts
    • 4.2. Timeline

  • 5. Signals

    • 5.1. M&A trends
    • 5.2. Venture financing trends
    • 5.3. Company filing trends
    • 5.4. Hiring trends
    • 5.5. Social media trends

  • 6. AI Value Chain

    • 6.1. Hardware
    • 6.2. Data management
    • 6.3. Foundational AI
    • 6.4. Advanced AI capabilities
    • 6.5. Delivery

  • 7. Companies

    • 7.1. Leading AI adopters in medical devices
    • 7.2. Specialist AI vendors in medical devices

  • 8. Sector Scorecards

    • 8.1. Medical devices sector scorecard

  • 9. Glossary
  • 10. Further Reading
  • 11. Our Thematic Research Methodology
  • 12. About GlobalData
  • 13. Contact Us

Frequently asked questions

Artificial Intelligence (AI) in Medical – Thematic Intelligence thematic reports
Currency USD
$995

Can be used by individual purchaser only

$1,995

Can be shared globally by unlimited users within the purchasing corporation e.g. all employees of a single company


Undecided about purchasing this report?

Enquire Before Buying Request a Free Sample

Get in touch to find out about multi-purchase discounts

reportstore@globaldata.com
Tel +44 20 7947 2745

Every customer’s requirement is unique. With over 220,000 construction projects tracked, we can create a tailored dataset for you based on the types of projects you are looking for. Please get in touch with your specific requirements and we can send you a quote.

Sample Report

Artificial Intelligence (AI) in Medical – Thematic Intelligence was curated by the best experts in the industry and we are confident about its unique quality. However, we want you to make the most beneficial decision for your business, so we offer free sample pages to help you:

  • Assess the relevance of the report
  • Evaluate the quality of the report
  • Justify the cost

Download your copy of the sample report and make an informed decision about whether the full report will provide you with the insights and information you need.

Below is a sample report to understand what you are buying

See what our customers are saying
testimonial-image
testimonial-image
testimonial-image
testimonial-image
testimonial-image
testimonial-image
testimonial-image

“The GlobalData platform is our go-to tool for intelligence services. GlobalData provides an easy way to access comprehensive intelligence data around multiple sectors, which essentially makes it a one-for-all intelligence platform, for tendering and approaching customers.

GlobalData is very customer orientated, with a high degree of personalised services, which benefits everyday use. The highly detailed project intelligence and forecast reports can be utilised across multiple departments and workflow scopes, from operational to strategic level, and often support strategic decisions. GlobalData Analytics and visualisation solutions has contributed positively when preparing management presentations and strategic papers.”

Business Intelligence & Marketing Manager, SAL Heavy Lift

“COVID-19 has caused significant interference to our business and the COVID-19 intelligence from GlobalData has helped us reach better decisions around strategy. These two highlights have helped enormously to understand the projections into the future concerning our business units, we also utilise the project database to source new projects for Liebherr-Werk to use as an additional source to pitch for new business.”

Market Analyst & Management, Liebherr-Werk

Your daily news has saved me a lot of time and keeps me up-to-date with what is happening in the market, I like that you almost always have a link to the source origin. We also use your market data in our Strategic Business Process to support our business decisions. By having everything in one place on the Intelligence Center it has saved me a lot of time versus looking on different sources, the alert function also helps with this.

Head of Key Accounts, Saab AB

Having used several other market research companies, I find that GlobalData manages to provide that ‘difficult-to-get’ market data that others can’t, as well as very diverse and complete consumer surveys.

Marketing Intelligence Manager, Portugal Foods

Our experience with GlobalData has been very good, from the platform itself to the people. I find that the analysts and the account team have a high level of customer focus and responsiveness and therefore I can always rely on. The platform is more holistic than other providers. It is convenient and almost like a one stop shop. The pricing suite is highly competitive and value for our organisation.

I like reports that inform new segments such as the analysis on generation Z, millennials, the impact of COVID 19 to our banking customers and their new channel habits. Secondly the specialist insight on affluent sector significantly increases our understanding about this group of customers. The combination of those give us depth and breadth of the evolving market.

I’m in the business of answering and helping people make decisions so with the intelligence center I can do that, effectively and efficiently. I can share quickly key insights that answer and satisfy our country stakeholders by giving them many quality studies and primary research about competitive landscape beyond the outlook of our bank. It helps me be seen as an advisory partner and that makes a big difference. A big benefit of our subscription is that no one holds the whole data and because it allows so many people, so many different parts of our organisation have access, it enables all teams to have the same level of knowledge and decision support.

Head of Customer Insight and Research, Standard Chartered

“I know that I can always rely on Globaldata’s work when I’m searching for the right consumer and market insights. I use Globaldata insights to understand the changing market & consumer landscape and help create better taste & wellbeing solutions for our customers in food, beverage and healthcare industries.

Globaldata has the right data and the reports are of very high quality compared to your competitors. Globaldata not only has overall market sizes & consumer insights on food & beverages but also provides insights at the ingredient & flavour level. That is key for B2B companies like Givaudan. This way we understand our customers’ business and also gain insight to our unique industry”

Head of Consumer Sensory Insights, Givaudan

GlobalData provides a great range of information and reports on various sectors that is highly relevant, timely, easy to access and utilise.  The reports and data dashboards help engagement with clients; they provide valuable industry and market insights that can enrich client conversations and can help in the shaping of value propositions. Moreover, using GlobalData products has helped increase my knowledge of the finance sector, the players within it, and the general threats and opportunities.

I find the consumer surveys that are carried out to be extremely beneficial and not something I have seen anywhere else. They provided an insightful view of why and which consumers take (or don’t) particular financial products. This can help shape conversations with clients to ensure they make the right strategic decisions for their business.

One of the challenges I have found is that data in the payments space is often piecemeal. With GD all of the data I need is in one place, but it also comes with additional market reports that provide useful extra context and information. Having the ability to set-up alerts on relevant movements in the industry, be it competitors or customers, and have them emailed directly to me, ensures I get early sight of industry activity and don’t have to search for news.

Senior Account Manager, TSYS
Go even deeper with GlobalData Intelligence Center

Every Company Report we produce is powered by the GlobalData Intelligence Center.

Subscribing to our intelligence platform means you can monitor developments at Artificial Intelligence (AI) in Medical – Thematic Intelligence in real time.

  • Access a live Artificial Intelligence (AI) in Medical – Thematic Intelligence dashboard for 12 months, with up-to-the-minute insights.
  • Fuel your decision making with real-time deal coverage and media activity.
  • Turn insights on financials, deals, products and pipelines into powerful agents of commercial advantage.