AI in the Global Healthcare Market - Analysis by Offering, Technology, End-Use Application, End-User and Geography - Forecast to 2025 - ResearchAndMarkets.com

DUBLIN--(BUSINESS WIRE)--The "Artificial Intelligence in Healthcare Market by Offering (Hardware, Software, Services), Technology (Machine Learning, NLP, Context-Aware Computing, Computer Vision), End-Use Application, End-User, and Geography - Global Forecast to 2025" report has been added to ResearchAndMarkets.com's offering. The AI in healthcare market is expected to grow from USD 2.1 billion in 2018 to USD 36.1 billion by 2025, at a CAGR of 50.2% during the forecast period. Increasingly large and complex data set available in the form of big data and growing need to reduce the increasing healthcare cost drive the growth of this market. Improving computing power and declining cost of hardware are other key factors driving this market. However, reluctance among medical practitioners to adopt AI-based technologies and the lack of skilled workforce and ambiguous regulatory guidelines for medical software are among the major factors restraining the growth of the AI in healthcare market.