Artificial Intelligence Markets in IVD, 2019-2024: Breakdown by Application and Component – GlobeNewswire

Dublin, May 15, 2020 (GLOBE NEWSWIRE) -- The "Artificial Intelligence Markets in IVD" report has been added to ResearchAndMarkets.com's offering.

This report examines selected AI-based initiatives, collaborations, and tests in various in vitro diagnostic (IVD) market segments.

Artificial Intelligence Markets in IVD contains the following important data points:

The past few years have seen extraordinary advances in artificial intelligence (AI) in clinical medicine. More products have been cleared for clinical use, more new research-use-only applications have come to market and many more are in development.

In recent years, diagnostics companies - in collaboration with AI companies - have begun implementing increasingly sophisticated machine learning techniques to improve the power of data analysis for patient care. The goal is to use developed algorithms to standardize and aid interpretation of test data by any medical professional irrespective of expertise. This way AI technology can assist pathologists, laboratorians, and clinicians in complex decision-making.

Digital pathology products and diabetes management devices were the first to come to market with data interpretation applications. The last few years have seen the use of AI interpretation apps extended to a broader range of products including microbiology, disease genetics, and cancer precision medicine.

This report will review some of the AI-linked tests and test services that have come to market and others that are in development in some of the following market segments:

Applications of AI are evolving that predict outcomes such as diagnosis, death, or hospital readmission; that improve upon standard risk assessment tools; that elucidate factors that contribute to disease progression; or that advance personalized medicine by predicting a patient's response to treatment. AI tools are in use and in development to review data and to uncover patterns in the data that can be used to improve analyses and uncover inefficiencies. Many enterprises are joining this effort.

The following are among the companies and institutions whose innovations are featured in Artificial Intelligence Markets in IVD:

Key Topics Covered

Chapter 1: Executive Summary

Chapter 2: Artificial Intelligence In Diagnostics Markets

Chapter 3: Market Analysis: Artificial Intelligence in Diagnostics

For more information about this report visit https://www.researchandmarkets.com/r/vw8l7u

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Artificial Intelligence Markets in IVD, 2019-2024: Breakdown by Application and Component - GlobeNewswire