Blockchain Press Releases
Artificial Intelligence In Healthcare Market Zooms Towards Billion-Dollar Valuation: Estimated to Reach USD 201.3 Billion by 2030: Verified Market Research®
The “Global Artificial Intelligence In Healthcare Market Size By Offering, By Algorithm, By Application, By End-Use Industry, By Geographic Scope And Forecast” report has been published by Verified Market Research®. The report provides an in-depth analysis of the global Artificial Intelligence In Healthcare Market, including its growth prospects, market trends, and market challenges
JERSEY CITY, N.J., June 22, 2023 /PRNewswire/ — The Global Artificial Intelligence In Healthcare Market is projected to grow at a CAGR of 45.5% from 2023 to 2030, according to a new report published by Verified Market Research®. The report reveals that the market was valued at USD 6.48 Billion in 2021 and is expected to reach USD 201.3 Billion by the end of the forecast period.
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Browse in-depth TOC on “Artificial Intelligence In Healthcare Market“
202 – Pages
126 – Tables
37 – Figures
Global Artificial Intelligence in Healthcare Market Driven by Increasing Volume of Healthcare Data and Strategic Collaborations
The global market for artificial intelligence (AI) in healthcare is experiencing significant growth, fueled by various factors. A recent market research study has analyzed and identified the key drivers and challenges influencing the growth of the Global Artificial Intelligence in Healthcare Market. The study provides valuable insights into the industry’s landscape and offers a comprehensive understanding of the market dynamics.
Market Growth Drivers:
- Increasing Volume of Healthcare Data and Complex Datasets: The exponential growth in healthcare data, accompanied by the complexities of datasets, is driving the integration of AI solutions. The demand for AI technologies in healthcare is rising to effectively manage and utilize these vast amounts of data.
- Cost Reduction Imperative: The pressing need to reduce towering healthcare costs is acting as a driving force for the adoption of AI in the industry. By harnessing AI capabilities, healthcare providers can optimize processes, enhance efficiency, and effectively reduce expenses.
- Improving Computing Power and Declining Hardware Costs: Advances in computing power and the declining costs of hardware are contributing to the growth of AI in healthcare. These advancements enable the development and deployment of sophisticated AI algorithms and systems, empowering healthcare professionals with more powerful tools.
- Cross-Industry Partnerships and Collaborations: The increasing number of partnerships and collaborations across different industries is fueling the adoption of AI in healthcare. These strategic alliances facilitate knowledge sharing, resource pooling, and accelerated innovation in AI applications for healthcare.
- Imbalance Between Health Workforce and Patients: The growing discrepancy between the number of healthcare professionals and patients is creating a demand for improved healthcare services. AI-based solutions have the potential to bridge this gap by enhancing patient care, enabling more accurate diagnosis, and improving treatment outcomes.
- Adoption by Pharmaceutical and Biotechnology Companies: The widespread adoption of AI technology by pharmaceutical and biotechnology companies worldwide has significantly contributed to the market’s growth. These companies leverage AI to expedite vaccine and drug development processes, particularly in response to the COVID-19 pandemic.
Challenges:
- Limited Acceptance from Healthcare Professionals: The reluctance of healthcare professionals to embrace AI-based technologies, due to concerns over potential risks such as injury and misinterpretation, poses a challenge to the growth of the Global Artificial Intelligence in Healthcare Market.
- Imprecise Regulatory Scenario: The absence of a well-defined regulatory framework for AI in healthcare creates uncertainty and impedes market growth. Clear guidelines and standards are crucial to fostering the widespread adoption of AI technologies in the healthcare sector.
Key Players and Market Outlook:
Prominent players in the Global Artificial Intelligence in Healthcare Market include Nvidia, Intel, IBM, Google, General Electric (GE) Company, Microsoft Corporation, Siemens Healthineers, Medtronic, Micron Technology, and Amazon Web Services. These companies are continuously striving to improve their market positions through financial statements, product benchmarking, SWOT analysis, and key development strategies.
The market research report provides a comprehensive analysis of these key players, along with their market presence, product offerings, and competitive strategies. It also highlights the financial statements, product benchmarking, and SWOT analysis of these companies, giving stakeholders a deeper understanding of their market standing.
The Global Artificial Intelligence in Healthcare Market is expected to continue its upward trajectory, driven by the increasing demand for advanced healthcare solutions. North America, home to major multinational corporations such as IBM, Microsoft, Google, NVIDIA, Intel, GE Healthcare, and Johnson & Johnson, remains a key region in the AI in healthcare market.
For further information, detailed market insights, and a comprehensive analysis of the Global Artificial Intelligence in Healthcare Market, please Contact Verified Market Research®.
Based on the research, Verified Market Research® has segmented the global Artificial Intelligence In Healthcare Market into Offering, Algorithm, Application, End-Use Industry, And Geography.
- Artificial Intelligence In Healthcare Market, by Offering
- Hardware
- Software
- Services
- Artificial Intelligence In Healthcare Market, by Algorithm
- Deep Learning
- Querying Method
- Natural Language Processing
- Context-Aware Processing
- Artificial Intelligence In Healthcare Market, by Application
- Robot-assisted Surgery
- Virtual Nursing Assistant
- Administrative Workflow Assistance
- Others
- Artificial Intelligence In Healthcare Market, by End-Use Industry
- Healthcare Provider
- Pharmaceutical & Biotechnology Company
- Patient
- Payer
- Artificial Intelligence In Healthcare Market, by Geography
- North America
- U.S
- Canada
- Mexico
- Europe
- Germany
- France
- U.K
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- Rest of Asia Pacific
- ROW
- Middle East & Africa
- Latin America
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Blockchain Press Releases
Compass Mining Scales Texas Operations with 25 MW Bitcoin Mining Facility, Plans Further Expansion
Energizes Over 50 MW in 2024 Across Six States, with 35 MW Coming Online by January 2025
WILMINGTON, Del., Dec. 20, 2024 /PRNewswire/ — Compass Mining (“Compass” or the “Company”), a leading provider of Bitcoin mining hardware, hosting, and operational solutions, proudly announces the addition of a new 25 megawatts (MW) Bitcoin mining facility in Texas to its growing network of North American operations. The facility is already fully built out and will be operational with an initial 5 MW of capacity by year’s end, scaling to 25 MW in early January 2025. Compass also plans to expand the facility’s capacity to 60 MW by Q3 2025.
The new Texas facility will house a mix of relocated machines from Compass’s existing sites, as well as newly deployed units, ensuring continuity for current customers while offering new clients a seamless and turnkey Bitcoin mining experience. By January 2025, new customers purchasing machines through Compass’s platform will have the option to deploy them at the “Texas 6″ site.
“Our new Texas facility represents another milestone in our mission to make bitcoin mining more accessible for everyone,” said Paul Gosker, CEO of Compass Mining. “We bring a wealth of experience from successfully operating at multiple locations across Texas, navigating the unique grid dynamics and leveraging local resources. For this site, we will provide our support and expertise, including assisting our site partner in hiring expert technicians who meet Compass’s high standards. This ensures high uptime and reliability, delivering the quality our customers expect.”
Compass’s strategy combines vertical integration through proprietary facilities, such as the new Iowa 4 site, with partnerships at third-party facilities renowned for high uptime and reliability. This dual approach allows the company to maintain operational flexibility while delivering reliable hosting solutions. The company has energized a total of approximately 50 MW of power capacity across mining facilities in Indiana, Iowa, Ohio, Kentucky, Nebraska, and Texas in 2024, with plans to add another 35 MW by January 2025.
About Compass Mining
Compass Mining is a customer-first company that provides a platform for individuals and businesses to purchase Bitcoin mining hardware, host machines, build and manage mining facilities, and access a range of ancillary services. With a commitment to exceptional customer support and transparency, Compass Mining sets the benchmark for bitcoin mining hosting. Its mission is to make Bitcoin mining accessible to everyone. To learn more about Compass Mining or to start mining today, visit compassmining.io.
Media Contact
BlocksBridge Consulting
[email protected]
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Blockchain Press Releases
Surprises Guaranteed: Bybit Card Dishes Out Rewards in Holiday Giveaway
DUBAI, UAE, Dec. 20, 2024 /PRNewswire/ — Bybit, the world’s second-largest cryptocurrency exchange by trading volume, will be extending the festive fun with lavish virtual gifts for Bybit Card holders. From Dec. 20, 2024 to Jan. 31, 2025, with every swipe of their Bybit Card, users may get a chance to unwrap mystery gift boxes, including 1,000 in USDT and other exciting airdrops from DOGE to BTC—all rewards, no catches.
For each 100 USDT spent in eligible purchases with the Bybit Card, users will receive a lucky draw ticket to redeem a gift box on Bybit. Each gift box promises a crypto reward—from Christmas baubles in DOGE, SOL, ETH, XRP and BTC airdrops, all the way up to the grand prize of 1,000 in USDT. Registration is required and the special Holiday Giveaway ends at the end of Jan. 2025.
For users looking for a convenient way to utilize their crypto assets for daily spendings and debit payments, it is not too late to apply for the Bybit Card. The application and verification process takes minutes, and a virtual card will be issued as soon as the card is approved, enabling seamless digital payment on Apple and Android devices in applicable regions.
“The Bybit Card takes the hassle out of crypto off-ramp for regular users and weaves rewards and benefits into daily spendings. On top of regular cashbacks, we are introducing extra perks as our token of thanks to wrap up an eventful year in crypto,” said Joan Han, Sales and Marketing Director at Bybit.
The Bybit Card made expansive global footprints 2024 as crypto adoption continues to rise in the past year. Trusted and frictionless crypto payment solutions are in demand in various parts of the world, and Bybit is one of the natural habitats of crypto native consumers. Spanning from Buenos Aires to Amsterdam, the Bybit Card community is growing and so are the perks:
- Up to 10% cashback in USDT, BTC and ETH on eligible purchases
- Zero fees for instant virtual card issuance
- Zero annual or hidden fees
- Up to 8% APY
Enjoy this festive season in all its splendor. Eligible Bybit Card holders from all regions are welcome; terms and conditions apply: Bybit Card Holiday Giveaway: Swipe, Spend & Sparkle!
#Bybit / #TheCryptoArk #theBybitCard
About Bybit
Bybit is the world’s second-largest cryptocurrency exchange by trading volume, serving a global community of over 60 million users. Founded in 2018, Bybit is redefining openness in the decentralized world by creating a simpler, open and equal ecosystem for everyone. With a strong focus on Web3, Bybit partners strategically with leading blockchain protocols to provide robust infrastructure and drive on-chain innovation. Renowned for its secure custody, diverse marketplaces, intuitive user experience, and advanced blockchain tools, Bybit bridges the gap between TradFi and DeFi, empowering builders, creators, and enthusiasts to unlock the full potential of Web3. Discover the future of decentralized finance at Bybit.com.
For more details about Bybit, please visit Bybit Press
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Blockchain Press Releases
Bybit P2P Unlocks 20,000 USDT Prize Pools for Select Users in South Asia and Africa
DUBAI, UAE, Dec. 20, 2024 /PRNewswire/ — Bybit, the world’s second-largest cryptocurrency exchange by trading volume, will be concluding 2024 with lucky spins all around for eligible users on Bybit P2P. With a chance at two grand bonus pools of 10,000 USDT each, select users in parts of South Asia and Africa stand to make the most of their P2P trades at Bybit.
From now to Dec. 31, 2024, eligible users may create their own P2P trading bonus at Bybit and unlock 100% chance of winning:
- South Asia: Eligible users in South Asia may sign up for the Grand Spin Extravaganza
- Africa: Eligible users may register to enter the P2P Prize Spinner
Successful participants may complete one or more referral, deposit, or trading tasks to earn up to 10 Lucky Draw Tickets. Tasks start at beginner level including a first-time deposit of 10 USDT. With a Ticket, users get to spin the wheel of fortune for a guaranteed airdrop from the 10,000 USDT Prize Pool.
As communities in the Global South start to build and diversify their wealth, millions are in dire need of modernized and inclusive financial infrastructures. The digital asset class offers an alternative for grassroot investors in emerging markets, demonstrating transformative power to shape the future of growth.
Bybit’s peer-to-peer trading platform provides user-friendly and trusted tools for P2P merchants and buyers. Users can compare and execute trades at an optimal price agreed upon by both parties, carried out on Bybit’s ultra smooth trading platform at zero fees. Supporting over 60 fiat currencies and over 300 payment methods, Bybit P2P contributes to democratizing access to the digital economy.
Users who have completed Bybit Identity Verification Level 1 may log in to confirm their eligibility. Terms and conditions apply.
#Bybit / #TheCryptoArk
About Bybit
Bybit is the world’s second-largest cryptocurrency exchange by trading volume, serving a global community of over 60 million users. Founded in 2018, Bybit is redefining openness in the decentralized world by creating a simpler, open and equal ecosystem for everyone. With a strong focus on Web3, Bybit partners strategically with leading blockchain protocols to provide robust infrastructure and drive on-chain innovation. Renowned for its secure custody, diverse marketplaces, intuitive user experience, and advanced blockchain tools, Bybit bridges the gap between TradFi and DeFi, empowering builders, creators, and enthusiasts to unlock the full potential of Web3. Discover the future of decentralized finance at Bybit.com.
For more details about Bybit, please visit Bybit Press
For media inquiries, please contact: [email protected]
For updates, please follow: Bybit’s Communities and Social Media
Discord | Facebook | Instagram | LinkedIn | Reddit | Telegram | TikTok | X | Youtube
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