AI Sector Overviews Articles and Reports
Artificial intelligence “sector overview” reports are designed to help business leaders explore the possibilities and important AI trends across industries. Search our sector overview reports below:
Dermatology is defined as a branch of medicine primarily focused on the evaluation and treatment of skin disorders, including hair and nails. Market research firm BCC Research projects that the global market for skin disease treatment technologies will reach $20.4 billion in 2020. Based on $17.1 billion in market revenue in 2015, this anticipated increase represents a five-year compound annual growth rate (CAGR) of 3.6 percent.
Medical billing and coding is an integral component of healthcare. The medical billing outsourcing market alone is projected to reach $16.9 billion by 2021. The coding and billing process translates patient record information into standard codes which are used for billing patients and third-party payers such as a Medicare and insurance companies.
This year has been marked by an increase in artificial intelligence interest from new business sectors. Just one years ago, we hardly had any visitors or subscribers from the food services sector - and this year we have a strong interest from food processing and food services leaders, which has come as a surprise.
Chronic Kidney Disease (CKD) affects approximately 1 in 7 adults or an estimated 30 million Americans. CKD is characterized by kidney damage which impedes proper filtration of the blood. As a result, other health problems may occur due to excess fluid and waste in the body. According to the American Society of Nephrology, annual health care costs associated with treating kidney (renal) failure are estimated at over 32 billion.
Agriculture plays a vital role in India’s economy. Over 58 percent of the rural households depend on agriculture as their principal means of livelihood, according to an IBEF report. Agricultural exports constitute 10 percent of the country’s exports and is the fourth-largest exported principal commodity category in India.
To stay competitive and relevant in the fast-changing world led by digital, India’s leading IT services companies, well-known for their cost-competitiveness, have begun leveraging more artificial intelligence (AI) initiatives as the technology has continued to gain traction.
Dementia (a severe decline in mental ability) is ranked as the sixth leading cause of death in the United States and impacts an estimated 5 million Americans. According to the Alzheimer’s Association, health care costs associated with dementia totaled $259 billion in 2017 and are projected to reach $1.1 trillion by 2050.
The number of persons aged 60 or above is expected to grow from 962 million globally in 2017 to 2.1 billion in 2050 and 3.1 billion in 2100, according to a United Nations report. In the United states alone, the healthcare industry employs over 4.5 million nursing aides and orderlies and home health aides and personal care aides.