LAMEA Artificial Intelligence (AI) in Healthcare Market

LAMEA Artificial Intelligence (AI) in Healthcare Market Size, Share & Trends Analysis Report By Offering (Software, Hardware, and Services), By Software Platform, By Software Solution, By Technology, By End-use, By Application, By Country and Growth Forecast, 2024 - 2031

Report Id: KBV-22823 Publication Date: May-2024 Number of Pages: 221
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Market Report Description

The Latin America, Middle East and Africa Artificial Intelligence (AI) in Healthcare Market would witness market growth of 44.8% CAGR during the forecast period (2024-2031).

The Brazil market dominated the LAMEA Artificial Intelligence (AI) in Healthcare Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $4,746.7 million by 2031. The Argentina market is showcasing a CAGR of 45.6% during (2024 - 2031). Additionally, The UAE market would register a CAGR of 44.3% during (2024 - 2031).

LAMEA Artificial Intelligence (AI) in Healthcare Market

Generative adversarial networks (GANs) are a type of deep learning model that can generate synthetic data samples that closely resemble real medical images, pathology slides, or genomic sequences. GANs are being used to augment limited datasets, create diverse training examples, and simulate rare medical conditions, enhancing the robustness and generalization of AI models.

Furthermore, AR and VR technologies provide immersive environments for medical professionals to visualize complex anatomical structures, medical procedures, and surgical techniques. AI algorithms can be integrated into AR/VR platforms to enhance visualization, simulate surgical scenarios, and provide real-time guidance during procedures, improving surgical accuracy and reducing complications.

AI-powered chatbots are used to provide patients with personalized health advice and information in the UAE. These chatbots can answer questions, provide information about symptoms and treatments, and even schedule appointments with healthcare providers in the UAE. AI algorithms analyze medical images such as X-rays, MRIs, and CT scans in UAE. These algorithms can detect abnormalities and assist radiologists in making more accurate and timely diagnoses in the UAE. AI is being used to analyze large volumes of patient data to identify patterns and predict health outcomes in the UAE. This allows healthcare providers to intervene early, potentially preventing the progression of diseases and improving patient outcomes in the UAE. Thus, due to these aspects, the artificial intelligence (AI) in healthcare market will expand across the LAMEA region in upcoming years.

Free Valuable Insights: The Worldwide Artificial Intelligence (AI) in Healthcare Market is Projected to reach USD 237.9 Billion by 2031, at a CAGR of 41.3%

Based on Offering, the market is segmented into Software, Hardware (Processors, Memory, and Network), and Services. Based on Software Platform, the market is segmented into Application Program Interface (API), and Machine Learning Framework. Based on Software Solution, the market is segmented into On-premise, and Cloud. Based on Technology, the market is segmented into Machine Learning, Natural Language Processing, Context-aware Computing, and Computer Vision. Based on End-use, the market is segmented into Healthcare Providers, Healthcare Companies, Healthcare Payers, Patients, and Others. Based on Application, the market is segmented into Patient Data & Risk Analysis, Virtual Assistants, Wearables, Medical Imaging & Diagnostics, Cybersecurity, Mental Health, In-Patient Care & Hospital Management, Precision Medicine, Drug Discovery & Development, Lifestyle Management & Remote Patient Monitoring, Healthcare Assistance Robots, Research, Others. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.

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List of Key Companies Profiled

  • Koninklijke Philips N.V.
  • Microsoft Corporation
  • Siemens Healthineers AG (Siemens AG)
  • Intel Corporation
  • NVIDIA Corporation
  • Google LLC (Alphabet Inc.)
  • GE HealthCare Technologies, Inc.
  • Medtronic PLC
  • Amazon Web Services, Inc. (Amazon.com, Inc.)
  • Oracle Corporation

LAMEA Artificial Intelligence (AI) in Healthcare Market Report Segmentation

By Offering

  • Software
    • Software Platform
      • Application Program Interface (API)
      • Machine Learning Framework
    • Software Solution
      • On-premise
      • Cloud
    • Hardware
      • Processors
      • Memory
      • Network
    • Services

By Technology

  • Machine Learning
  • Natural Language Processing
  • Context-aware Computing
  • Computer Vision

By End-use

  • Healthcare Providers
  • Healthcare Companies
  • Healthcare Payers
  • Patients
  • Others

By Application

  • Patient Data & Risk Analysis
  • Virtual Assistants
  • Wearables
  • Medical Imaging & Diagnostics
  • Cybersecurity
  • Mental Health
  • In-Patient Care & Hospital Management
  • Precision Medicine
  • Drug Discovery & Development
  • Lifestyle Management & Remote Patient Monitoring
  • Healthcare Assistance Robots
  • Research
  • Others

By Country

  • Brazil
  • Argentina
  • UAE
  • Saudi Arabia
  • South Africa
  • Nigeria
  • Rest of LAMEA
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