Germany AI in healthcare market is estimated to grow significantly at a CAGR of 51.6% during the forecast period. The presence of well-established and start-up companies is one of the major factors driving the growth of the AI in healthcare market in the country. The market is segmented on the basis of offering, end-user industry, and application. Based on offering, the market is divided into software & services and hardware. Based on the end-user industry, the market is segmented into hospitals & healthcare facilities, personal care, and biotechnology & pharmaceutical companies. Further, on the basis of application, the market is segmented into diagnosis, biomarker, virtual nursing assistants, remote monitoring of patients, drug discovery, and ai-enabled hospital care.

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The major players that contribute to the growth of the Germany AI in Healthcare market include - Ada Health GmbH, Google LLC, IBM Corp., Innoplexus AG, Microsoft Corp., Oracle Corp., Siemens AG

The country is performing R&D dedicated to gain a position in the AI sector. The country has various sites focused on R&D in healthcare-related to AI which include DFKI (Das Deutsche Forschungszentrum für Künstliche Intelligenz GmbH), Intelligent Analysis and Information Systems (IAIS), and Fraunhofer Institute for Medical Image Computing (MEVIS) and Cyber Valley. The country is focusing on developing the supra-regional Centers of Excellence for AI to provide innovative AI services globally.

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It is also working for SME funding for research on AI as well as the implementation of the findings in AI research. For instance, in 2017, ADA health received funding of around $47 million led by Access Industries, Len Blavatnik’s global investment group. The company has got overall funding of $69 million till 2019. Further, the IAIS is focused on discovering the application of big data and AI in medical to identify precisely patterns in diagnostic images that indicate disease.

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Germany AI in Healthcare Market Segmentation

Germany AI in Healthcare Market by Offering

• Hardware
• Software & Services

Germany AI in Healthcare Market by End-User Industry

• Hospitals & Healthcare Facilities
• Personal Care
• Biotechnology & Pharmaceutical Companies

Germany AI in Healthcare Market by Application

• Diagnosis
• Biomarker
• Virtual Nursing Assistance
• Remote Monitoring of Patients
• Drug Discovery
• Ai-Enabled Hospital Care

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