Market Share of Artificial Intelligence In Medicine Industry
The intensity of competitive rivalry in the market studied will likely be moderately high over the forecast period. The growing presence of big players in Artificial Intelligence in the Medicine industry is expected to intensify competitive rivalry during the forecast period. Market incumbents, such as Atomwise Inc., IBM Watson Health, etc., considerably influence the overall market.
These firms have been continuously expanding their scale of operations by focusing on market expansions and acquisitions. Acquisition activities effectively have significantly contributed to overall market growth in the Artificial Intelligence in Medicine market.
Large companies have also been expending significant resources on R&D operations to protect their market position and drive innovation in the artificial intelligence in medicine market in the near future.
High barriers to exit, growing levels of firm concentration, and market penetration are some of the significant characteristics influencing the competition in the market. Overall, the intensity of competitive rivalry remains moderately high, mainly driven by the strong presence of the prominent players involved in the market studied.
Artificial Intelligence in Medicine Market Leaders
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Atomwise Inc.
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Novo Nordisk A/S
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Modernizing Medicine Inc.
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Nano-X Imaging Ltd
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Medasense Biometrics Limited
*Disclaimer: Major Players sorted in no particular order