The global cardiac AI monitoring and diagnostics market was valued at $1,010.5 million in 2022 and is anticipated to reach $10,666.5 million by 2032, witnessing a CAGR of 26.88% during the forecast period 2023-2032.
The global artificial intelligence/machine learning medical device market was valued at $4,011.7 million in 2022 and is anticipated to reach $35,458.2 million by 2032, witnessing a CAGR of 24.35% during the forecast period 2022-2032.
The global radiation dose management market was valued at $212.8 million in 2021 and is anticipated to reach $586.7 million by 2032, witnessing a CAGR of 10.30% during the forecast period 2022-2032.
The market size of digital biomanufacturing was valued at $15,768.9 million in 2021 and is anticipated to reach $55,564.9 million by the end of 2031, registering a CAGR of 13.12% during the forecast period 2022-2031.
The market size of digital biomarkers was valued at $1,808.3 million in 2021 and is anticipated to reach $16,174.0 million by the end of 2028, registering a CAGR of 36.06% during the forecast period 2022-2028.
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The global operating room management solutions market was valued at $2,023.5 million in 2021 and is anticipated to reach $3,699.1 million by the end of 2031, registering a CAGR of 6.29% during the forecast period 2022-2031.
The global big data in healthcare market was valued at $32,925.1 million in 2021 and is anticipated to reach $130,132.1 million by the end of 2031, registering a CAGR of 13.96% during the forecast period 2022-2031.
The global pharmaceutical quality management software market report highlights that the market was valued at $472.6 million in 2020 and is expected to reach $3,717.7 million by the end of 2030.
The global urgent care apps market was valued at $973.6 million in 2020 and is expected to reach $10,150.5 million by the end of 2030.
The global AI in operating room market was valued at $67.8 million in 2020 and is anticipated to reach $2,951.5 million by the end of 2030.
The global AI in neurology operating room market is projected to reach $692.8 million by 2030.
The global hybrid operating room market was valued at $826.9 million in 2019 and is expected to reach $2,520.7 million by the end of 2030.
The global home healthcare market was valued at $130.18 billion in 2019 and is anticipated to grow to $214.98 billion by the end of 2025.
The global CDSS market was valued at $1.77 billion in 2019 and is expected to reach $3.74 billion by 2030.
The global AI in healthcare market is anticipated to reach $35,892.2 million by 2030, registering a CAGR of 24.40%, during the forecast period 2021-2030.
The radiation dose management market is expected to grow at a CAGR of 10.96% during the forecast period, 2021-2030.
The global femtech market was valued at $560.5 million in 2018 and is expected to be valued at $4,692.3 million, by the end of 2030.
The India telemedicine market was valued at Rs 380.22 crores in 2019, and is expected to be valued at Rs 1,765.56 crores, by the end of 2025.
The global telemedicine market was estimated to be $21.55 billion in 2019. It is anticipated to reach a value of $123 billion by the end of 2030.
As of 2019, the global Femtech market was estimated to be $820.6 million and is anticipated to grow with a double digit CAGR of 12.65% during the forecast period.
Global OR Communication Market by BIS Research projects the market to grow at a significant CAGR of 7.71% during the forecast period 2019-2025.
The Global AI-Enabled Drug Discovery and Clinical Trials Market Report by BIS Research projects the market to grow at a significant CAGR of 24.88% during the forecast period from 2019 to 2030.
The Global Digital Biomarkers Market Report by BIS Research projects the market to grow at a significant CAGR of 40.39% during the forecast period from 2019 to 2025.
The global oncology informatics market to grow at a significant CAGR of 7.03% during the forecast period from 2019 to 2025.
The global patient monitoring solutions market to grow at a significant CAGR of 6.50% during the forecast period from 2019 to 2028.
The Global Interoperability Solutions in Healthcare Market Report by BIS Research projects the market to grow at a significant CAGR of 5.9% during the forecast period from 2019 to 2025.
The Global Patient Engagement Solutions Market report by BIS Research projects the market to grow at a significant CAGR of 14.09% during the forecast period from 2019 to 2028.
The Global Chatbots in Healthcare Market Report by BIS Research projects the market to grow at a significant CAGR of 26.29% during the forecast period from 2019 to 2029.
The Global Operating Room Management Solutions Market Report by BIS Research projects the market to grow at a significant CAGR of 6.4% during the forecast period from 2019 to 2029.
The Global Clinical Decision Support Systems Market Report by BIS Research projects the market to grow at a significant CAGR of 8.3% during the forecast period from 2019 to 2028.
The Global OR Visualization Systems Market Report by BIS Research projects the market to grow at a significant CAGR of 6.52% during the forecast period from 2019 to 2025.
The global Augmented Reality and Virtual Reality market has been witnessing a steady growth. The market is expected to grow with a double digit CAGR of 23.13% during the forecast period, 2019-2025.
The global healthcare IoT security market is expected to continue to grow with a double digit CAGR of 41.38% during the forecast period 2019-2028.
The global teleradiology services market was valued $2.63 billion in 2017 and is expected to grow at a CAGR of 15.06% during the forecast period between 2018 and 2026.
The blockchain in healthcare market is estimated to amount to $176.8 million in 2018 and is expected to grow at a CAGR of 63.85% from 2018 to 2025.
The global big data in healthcare market was estimated to be worth $14.25 billion in 2017, and is expected to grow over $68.75 billion by 2025.
The global mobile medical apps market was estimated at $1.40 billion in 2016, and is anticipated to reach $11.22 billion by 2025.
Medical image analysis software application perform a vital role after the image has been acquired in digital form is the analysis of the acquired image to extract medically or clinically relevant information for diagnosis & treatment planning. It can be either for a general purpose or designed for any specific medical application area.
The global CDSS market is expected to reach a value $10.82 billion by the end of 2025 and is driven by the increasing demand for IT solutions to effectively reduce the healthcare costs. The rising number of chronic diseases and technical advancements in big data such as use of machine learning and artificial intelligence (AI) are further propelling the growth of the market.
The artificial intelligence market in healthcare sector is estimated to reach $XX million by 2025 at a CAGR of XX% through the forecast period. This growth in the artificial intelligence market in healthcare sector is attributed to the increasing need for driving huge amount of complex data which can be achieved with the usage of artificial intelligence.
The global population health management solution market can be segmented on the basis of type of component into software and services. The software segment is the leading segment of the PHM market considering the huge demand for PHM tools and platforms to collect, analyse and interpret clinical data to enable improved patient outcomes.
The global high acuity information solutions market is expected to reach $13.69 billion by the end of 2025 growing at a CAGR of 8% during the forecast period, 2017-2025.
The Healthcare IOT Security market is expected to grow at a CAGR 39.44% during the forecast period because of increased connectivity of smart IOT devices with the healthcare organizations for better health management and government support and acknowledgement for IOT Security in the healthcare sector.
The healthcare industry is in a period of rapid change. Advancements in the fields of genetics, biomedical, and information technology are paving a way towards effective personalized treatments in accordance to the individual characteristics of the patients. Exploiting these opportunities requires effective usage of Big Data.
The mHealth services dominated the market in 2014 and are expected to grow over $55.63 billion by the end of the forecast period due to the increasing usage of mHealth solutions by healthcare providers and pharmaceutical companies along with end users (patients). However, device segment is expected to grow in near future with a high CAGR of 38.02%, from 2015 to 2022.
The radiation dose management market is expected to grow at a CAGR of 10.96% during the forecast period, 2021-2030.
As of 2019, the global Femtech market was estimated to be $820.6 million and is anticipated to grow with a double digit CAGR of 12.65% during the forecast period.
The Global Operating Room Management Solutions Market Report by BIS Research projects the market to grow at a significant CAGR of 6.4% during the forecast period from 2019 to 2029.
The Global Clinical Decision Support Systems Market Report by BIS Research projects the market to grow at a significant CAGR of 8.3% during the forecast period from 2019 to 2028.
The global CDSS market is expected to reach a value $10.82 billion by the end of 2025 and is driven by the increasing demand for IT solutions to effectively reduce the healthcare costs. The rising number of chronic diseases and technical advancements in big data such as use of machine learning and artificial intelligence (AI) are further propelling the growth of the market.
The Healthcare IOT Security market is expected to grow at a CAGR 39.44% during the forecast period because of increased connectivity of smart IOT devices with the healthcare organizations for better health management and government support and acknowledgement for IOT Security in the healthcare sector.
The healthcare industry is in a period of rapid change. Advancements in the fields of genetics, biomedical, and information technology are paving a way towards effective personalized treatments in accordance to the individual characteristics of the patients. Exploiting these opportunities requires effective usage of Big Data.
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Digital Health
There is no questioning the fact that digital tools have revolutionized a staggering variety of industries. Even before digital tools such as artificial intelligence existed, the healthcare industry had made serious strides in terms of technological growth.
The most evident effect of this can be seen in the improved average life expectancy in almost every country, globally.. More recent evidence of the same can be seen in the fact that the world produced nearly 10 different variations of vaccinations for a previously unrecognized virus, the SARS COVID virus. Not to forget, modern healthcare practices have also helped countries around the globe to restrict the spread of the virus and minimize the human and resource cost of the same.
In addition, , the recent pandemic also taught us that there is an enormous scope of further growth and innovation in the healthcare industry. This is where digital healthcare tools become relevant.
The Digital Health vertical focuses on digital technologies that have disrupted traditional delivery models and transformed the culture of patient care, such as artificial intelligence, big data, blockchain, and cloud technology.
While many of these technologies are in the infancy stage and haven’t found mainstream applications, they are expected to completely change the way our society approaches healthcare. So much so, that experts are calling patient data the “new healthcare currency” and expect these technologies to fuel economic growth worth several hundred billion dollars in the healthcare industry.
With the right analysis tools, the patient data that we have today is expected to shift the focus of the healthcare industry from volume-based care to value-based care. The application of digital tools to healthcare is expected to enable more personalized healthcare for patients at a scale that was unimaginable just a few years ago.
BIS Research has been tracking and researching the development of these technologies and their applications in the healthcare industry for several years. Our objective of doing this is simple, to help business leaders across the globe identify the right opportunities emerging in the healthcare industry and invest in them at the right time.
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