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Artificial Intelligence in Medical Applications: Global Trends and Major Players

  • Report

  • 23 Pages
  • October 2018
  • Region: Global
  • Market Intelligence & Consulting Institute (MIC)
  • ID: 4662803

The introduction of AI (Artificial Intelligence) technology into the medical field is one of the growing trends in the globe. Personalized medical treatment data and physiological data have made personalized and precision medical treatments a reality. Also, they enable doctors to improve the accuracy of disease diagnosis through techniques such as image recognition and deep learning, give patients optimal treatments and recommendations, and greatly improve the existing medical system by solving the problem of insufficient medical manpower and rising labor costs. This report explains the application trends of AI technology in the global medical field, examines strategies and R&D of Taiwanese businesses and identifies the feasible advantages and challenges.

List of Topics

  • Development of AI in the medical sector, touching on market scale, top 10 most popular products and services


Table of Contents

1. AI Smart Medical Services
1.1 Five Major AI-aided Medical Applications
1.1.1 Medical Robot
1.1.2 Smart Drug Development
1.1.3 Smart Treatment
1.1.4 Smart Image Recognition
1.1.5 Smart Health Management

2. Global Development Trends
2.1 Smart Diagnosis is the Area of Focus
2.2 New AI Medical Development Emphasizes on Smart Health Management

3. Taiwanese AI Medical Developments and Opportunities
3.1 Smart Health Management is the Area of Focus
3.2 Opportunities and Challenges
3.2.1 Opportunity: Comprehensive and Massive Health Insurance Data
3.2.2 Challenge: Current Medical Laws and Regulations Unable to Support AI Technology and Application Development Yet

4. ConclusionAppendixGlossary of TermsList of Companies
List of Tables
Table 1: Global Top 10 Most Popular AI Medical Branded Vendors and TheirProducts and Services
Table 2 AI Medical Products/Services of Startups
Table 3 AI Medical Products and Servicesof Taiwan's Brands

List of Figures
Figure 1 Global AI Medical Market Scale, 2016-2024
Figure 2 Global Top 10 AI Medical Branded Vendors bySerivce/Product Sector
Figure 3 AI Medical Products/Services of Startups
Figure 4 AI Medical Products and Services of Taiwan's Brands



Companies Mentioned

A selection of companies mentioned in this report includes:

  • AdviNow Medical
  • AiCure
  • AmCad BioMed Corporation
  • Apple
  • Arterys
  • Asus
  • Babylon Health
  • Biomdcare
  • Deep01
  • Flatiron
  • Freenome
  • Global Market Insights
  • GNS Healthcare
  • Google
  • Healthconn
  • HTC
  • IBM
  • Watson
  • iCAD
  • IDx
  • Industrial Technology Research Institute
  • Infermedica
  • InSilico Medicine
  • Intel
  • Largan Health Technology
  • Lumiata
  • Ministry of Health and Welfare
  • Mobisnet Technology
  • Mycin
  • NVidia
  • Ostar
  • Qisda Corporation
  • Quanta Computer
  • Recursion Pharmaceuticals
  • Sevamob
  • Taiwan AI Lab
  • Tempus
  • Tesla
  • UnlimiterHear
  • World Health Organization


Primary research with a holistic, cross-domain approach

The exhaustive primary research methods are central to the value that the analyst delivers. A combination of questionnaires and on-site visits to the major manufacturers provides a first view of the latest data and trends. Information is subsequently validated by interviews with the manufacturers' suppliers and customers, covering a holistic industry value chain. This process is backed up by a cross-domain team-based approach, creating an interlaced network across numerous interrelated components and system-level devices to ensure statistical integrity and provide in-depth insight.

Complementing primary research is a running database and secondary research of industry and market information. Dedicated research into the macro-environmental trends shaping the ICT industry also allows the analyst to forecast future development trends and generate foresight perspectives. With more than 20 years of experience and endeavors in research, the methods and methodologies include:


  • Component supplier interviews
  • System supplier interviews
  • User interviews
  • Channel interviews
  • IPO interviews
  • Focus groups
  • Consumer surveys
  • Production databases
  • Financial data
  • Custom databases


  • Technology forecasting and assessment
  • Product assessment and selection
  • Product life cycles
  • Added value analysis
  • Market trends
  • Scenario analysis
  • Competitor analysis