Artificial intelligence, also known as machine intelligence, is characterized by the display of intelligence by robots or machines. The following reports explore the U.S. artificial intelligence machines market as well as the artificial intelligence in healthcare market.
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The idea of robots or machines displaying intelligence was once viewed as nothing more than science fiction. While still a common theme in movies, TV shows, books and other science-fiction media, artificial intelligence is slowing becoming a reality.
Also referred to as machine intelligence, artificial intelligence is the display of some level of intelligence by robots, machines or computers. This doesn't necessarily mean that artificial intelligence is on par with human intelligence.
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Rather, it only means that artificial intelligence robots, machines and computers can make their own decisions.
The United States Artificial Intelligence Machines Market report by Research N Reports is a comprehensive study of the artificial intelligence machines market in the United States. While countless regions throughout the world are investing in artificial intelligence, the United States is one of the market's leading regions.
According to the report, the global artificial intelligence market was valued at $4.15 billion in 2016. Assuming it grows at the projected CAGR of 49%, it will reach more than $153 billion by the end of 2025. Artificial intelligence companies in the United States will capitalize on this trend by being the first to release their AI-driven products and services.
The Global Healthcare Artificial Intelligence Market Research report by Research N Reports is a second professional study of the artificial intelligence market. This report, however, focuses specifically on artificial intelligence systems used in healthcare-related applications. Healthcare is one of many sectors that utilizes artificial intelligence. According to Wikipedia, for example, hospitals and doctors use artificial intelligence systems to ensure proper dosage of drugs to patients. The Wikipedia article suggests that this could save healthcare organizations up to $16 billion annually.
Healthcare organizations also use artificial intelligence to diagnose illnesses. If a patient has a medical condition that doctors are struggling to diagnose, they can input the patient's medical information and symptoms into an artificial intelligence system. The system will then process the information as it determines which diseases or conditions are most likely to cause the patient's symptoms. While there's no substitution for a physician's diagnosis, artificial intelligence systems are often able to catch diseases and conditions that would otherwise be overlooked.
Some of the key artificial intelligence in healthcare vendors profiled in this report include IBM Corporation, Intel Corporation, Google, Inc., NVIDIA Corporation, Microsoft Corporation, iCarbonX, Next IT Corp., Welltok, Inc., General Vision, Inc., Enlitic, Inc., Recursion Pharmaceuticals, General Electric Company, Stryker Corporation, Deep Genomics, Inc., Medtronic Plc., Koninklijke Philips N.V. and Oncora Medical, Inc.