COVID-19 Impact on the AI in the medical diagnostics Market
Pandemics such as COVID-19 require investments for additional manpower, equipment, consumables, and other resources to ensure 100% preparedness for safety in hospitals and, if needed, eventual treatment of patients. The COVID-19 pandemic is an accelerator for AI technology by creating opportunities for leveraging these tools for healthcare advancement.
AI and radiomics, which are being applied to X-ray and CT scans as advanced imaging tools in the detection and follow-up of COVID-19, have been able to diagnose the presence of the infection. This is because AI algorithms and radiomics used for chest X-rays can help undertake massive screening programs. For instance, Zhongnan Hospital (China) uses AI to interpret CT scans and identify COVID-19 symptoms when human radiologists are unavailable. Similarly, the Tampa General Hospital (Florida, US) uses an AI-driven technology to screen individuals for COVID-19 before they interact with the hospital staff and other patients. The Massachusetts General Hospital (Boston, US) also used AI-powered robots, which obtain vital signs and provide care to COVID-19 patients. This allows healthcare staff to potentially reduce human contact, which is important to curb the spread of the disease.
Providence St. Joseph Health (Seattle, US) used an AI-powered chatbot that screened and triaged more than 40,000 patients, categorizing them by the level of care needed and freeing doctors and nurses to focus on at-risk individuals in an unprecedented time of one week. Thus, physicians are taking the help of the augmented abilities of AI and responding to the requirements efficiently and quickly.
The growing awareness of the benefits offered by AI techniques and their wide application areas has led to the increased adoption of these products and services in the healthcare market. Various leading companies in the healthcare market are entering into partnerships and collaborations with leading AI technology providers to come up with innovative AI-based solutions for applications in healthcare.
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Due to the growing demand for novel AI-based techniques in the medical diagnostics market, such developments are helping companies gain momentum in terms of developing advanced products and tools.
Currently, many healthcare professionals have doubts about the capabilities of AI solutions in terms of accurately diagnosing patient conditions. Considering this, it is challenging to convince providers that AI-based solutions are cost-effective, efficient, and safe solutions that offer convenience to doctors as well as better care for patients.
However, healthcare providers are increasingly accepting the potential benefits of AI-based solutions and the spectrum of applications they serve. Hence, there is a possibility that in the coming years, doctors and radiologists will show more inclination toward AI-based technologies in healthcare.
Some of the prominent players operating in the AI in medical diagnostics market are Microsoft Corporation (US), NVIDIA (US), IBM (US), Intel (US), Siemens Healthineers (Germany), GE Healthcare (US), Digital Diagnostics (US), Xilinx (US), InformAI (US), Enlitic (US), Day Zero Diagnostics (US), Aidence (Netherlands), Butterfly Network, Inc. (US), Prognos (US), Zebra Medical Vision (Israel), Viz.ai (US), Quibin (Spain), Qure.ai (India), Therapixel (France), and HeartFlow (US).
May 27, 2019: The global IoT device management market size is anticipated to reach USD 5.1 billion by 2025, according to a new report by Grand View Research, Inc., exhibiting a 28.3% CAGR during the forecast period.
Growing demand for IoT services, need for digitalization, and increasing penetration of communication and networking technologies are expected to drive the market over the coming years.In the past few years, the industry has witnessed increasing investments in R activities for development of technologically advanced IoT systems.
This has increased the popularity of IoT devices management products.
Major application sectors in the market include device provisioning, monitoring, administration, and diagnostics.Download sample Copy of This Report at: https://www.radiantinsights.com/research/iot-device-management-market/request-sample The security solutions segment is projected to exhibit the highest growth rate over the forecast years.
The market is witnessing increasing use of security solutions for connected devices.
Advantages bestowed by the technology include higher efficiency in device monitoring, diagnostics, and analytics.Key market participants in the market include IBM Corporation; Aeris Communications, Inc.; Microsoft Corporation; Bosch Software Innovations; Oracle Corporation; PTC; and Advantech Co. Ltd.
Market Research Future (MRFR)’s latest study reveals that the global platform as a service market is projected to grow saliently at a CAGR of 26% during the forecast period 2016 to 2022.
The market is expected to reach a value over USD 12 Bn by the end of the assessment period.Market InsightsThe increased penetration of software technology has accelerated revenue creation for the participants of the platform as a service market.
The increasing need for the integration of software applications for profit making in business is likely to propel demand in the platform as a service market.PaaS ensures cost effectiveness by cutting down costs related to purchasing of a server, software licenses, and additional hardware for developing and managing applications.
This, in turn, is projected to catapult the platform as a service market on an upward trajectory.Other factors responsible for the growth of the market include increasing adoption of cloud-based services and IoT technology among SMEs, technological advancements, growing demand for application development, etc.
However, factors such as data security, customer captivity, and limited flexibility are set to hold the market expansion across the review period.Get a Free Sample @ https://www.marketresearchfuture.com/sample_request/1900Market SegmentationBy deployment, the platform as a service market has been segmented into public, private and hybrid cloud.By type, the global platform as a service market is segmented into application, integration, and data management.By end-user, the platform as a service market has been segmented into banking & financial sector, government & public sector, healthcare & life sciences, education, consumer goods & retail, and, telecommunications & IT.Regional AnalysisBy region, the global platform as a service market has been segmented into North America, Europe, Asia, and Rest of the World (ROW).
North America is likely to retain its dominant position over the forecast period.
Government initiatives to increase the adoption of AI-based technologies, increasing demand for AI tools in the medical field, growing focus on reducing the workload of radiologists, influx of large and complex datasets, growth in funding for AI-based start-ups, and the growing number of cross-industry partnerships and collaborations.
AI algorithms and radiomics used for chest X-rays can help undertake massive screening programs.
For instance, Zhongnan Hospital (China) uses AI to interpret CT scans and identify COVID-19 symptoms when human radiologists are unavailable.
This allows healthcare staff to potentially reduce human contact, which is important to curb the spread of the disease.The growing awareness of the benefits offered by AI techniques and their wide application areas has led to the increased adoption of these products and services in the healthcare market.
Various leading companies in the healthcare market are entering into partnerships and collaborations with leading AI technology providers to come up with innovative AI-based solutions for applications in healthcare.
Currently, many healthcare professionals have doubts about the capabilities of AI solutions in terms of accurately diagnosing patient conditions.
Global Mobile Device Management Market - OverviewThe major growth driver of Mobile Device Management Market includes increasing usage of mobile devices in operation management of businesses, growing market of smartphones and tablets, growing demand for security in mobile device, and growing cloud-based solution market among others.However, deployment cost is one of the factors which are hindering the growth of Mobile Device Management Market.
Mobile device management solutions can be applicable in BFSI, telecommunications, Education, healthcare, consumer electronics and many others.
Increase in Bring Your Own Device (BYOD) Work policy among organizations is the major factor driving the market.
(UK), IBM Corporation (U.S.), Microsoft Corporation (U.S.), SAP SE (Germany), Amtel Inc. (U.S.), Airwatch (U.S.), Soti Inc. (Germany), Citrix solutions (U.S.) and Mobile Iron (U.S.) are some of the prominent players profiled in MRFR Analysis and are at the forefront of competition in the Global Mobile Device Management Market.Get Sample of Report @ https://www.marketresearchfuture.com/sample_request/1247Industry NewsFebruary, 2018 - Sicap Schweiz, provider of telecommunication and Internet of Things to mobile network operators, have updated their existing device management solutions to support VoLTE feature.
This update helps in providing VoLTE device compatibility for all the operating systems that are available in mobile and can detect all VoLTE handsets.January, 2018 - Pradeo Security Systems, a cyber-security company that offers cyber security solutions, partnered with Samsung to offer security solutions known as Knox Security platform.
The software provided by Pradeo helps Samsung users by watching the network and helps in stopping operation if an unusual behaviour is detected.Global Mobile Device Management Market - Competitive AnalysisThe Market of Mobile device management appears to be highly competitive.
MarketsandMarkets expects the Retail Cloud Market to grow from USD 11.06 billion in 2016 to USD 28.53 billion by 2021, at a Compound Annual Growth Rate (CAGR) of 20.9%.
The demand for retail cloud is increasing due to the increasing data volumes being captured, rising demand for real-time integration of analytical results, and the government’s efforts for digital transformation.The retail cloud market is segmented by service into professional services and managed services.
With the penetration of cloud computing, the number of cloud service users in the retail sector has increased significantly.
Usage-based billing & lowering cost, business agility, and business continuity through a policy-driven, software-defined cloud are the major factors driving retail services organizations to move to cloud.Infrastructure as a Service (IaaS) is estimated to grow at the highest CAGR during the forecast period.
This helps them to save their capital resource that may get used as the cost of additional servers.For More Info Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=27978752 In the hybrid cloud model, enterprises use both private and public cloud simultaneously.
To store data of less significance, enterprises opt for public cloud, but data of significant importance is kept on private cloud.
Software Defined Infrastructure Market ResearchThe sudden challenges created by the ongoing COVID-19 are captured effectively to exhibit the long term growth projections in the MRFR report on Software Defined Infrastructure Market Research.
The growth sectors of the Software Defined Infrastructure Market Research are identified with precision for a better growth perspective.The global software defined infrastructure market is expected to grow rapidly through the forecast period.
The rise in deployment of cloud-based solutions and services, increase in network traffic, and flexibility of network infrastructure are driving the software defined infrastructure market.
Network virtualization and reduction of network complexity are propelling the market growth.
However, the lack of technical expertise and flexiblity to adapt random changes are hampering the market growth.The global software defined infrastructure market is classified into solution, service, verticals, and region.Key playersSome of the key players in the global software defined infrastructure market are VMware Inc. (U.S.), Hewlett Packard Enterprise Co. (U.S.), Cisco Systems, Inc. (U.S.), Oracle Corporation (U.S.), Dell Inc. (U.S.), Microsoft Corporation (U.S.), Hitachi, Ltd.(Japan), IBM Corporation (U.S.), Fujitsu, Ltd.(Japan), NEC Corporation (Japan), Citrix Systems, Inc. (U.S.), and others.Some of the key innovators in this area are Arista Networks (U.S.), Nexenta Systems, Inc. (U.S.), Radware Corporation (Israel), Pica8, Inc.(U.S.), Juniper Networks (U.S.), Intel Corporation (U.S.), Wipro Limited (India), PLUMgrid Inc (U.S.), Plexxi (U.S.), Nokia (Finland), Red Hat, Inc. (U.S.), Brocade Communications Systems, Inc. (U.S.), Amazon Web Services (U.S.), Savvis (U.S.), and others.The prominent players constantly keep innovating and investing in research and development in order to present a cost-effective portfolio.
There have been recent mergers and acquisitions among the key players, where the business entities expect to strengthen their reach to their customer.Regional AnalysisOn the basis of geography, the market is studied for North America, Europe, Asia Pacific, and Rest of the World.
