The Artificial Intelligence (AI) market is expected to grow at over `36% to be a $190 Bn market in 2025. Numerous engines are expected to fuel its growth – increase in amount of big data, increased adoption of cloud-based applications and services, increase in demand for virtual assistants, emergence of new use cases as well as others.
The in-vitro diagnostics market is expected to reach USD 96.07 billion by 2025 at a CAGR of 2.6% during the forecast period. The rising geriatric population and the subsequent growth in the prevalence of chronic and infectious diseases, growing awareness regarding diseases diagnosis in developing regions, increasing adoption of fully automated and POC instruments in developed regions, and growing R&D investments by industry players to launch new IVD products are the major factor supporting growth of the in-vitro diagnostics market.
The development of condition-specific markers and tests, growing significance of companion diagnostics, POC tests with multiplexing capabilities are the factors expected to provide significant growth opportunities in the coming years.
This Crystal Ball event focuses on learning more about the most promising opportunities in the composites market, as seen through the lens of eminent CXOs in this space.
The digital health market is expected to grow at over ~28% CAGR to be close to ~350 billion market in 2025. Numerous engines are expected to fuel its growth – telehealth and telemedicine, mHealth, Digital Therapeutics, cloud computing, Healthcare IoT, wearable technologies, virtual assistants, Augmented and virtual reality as well as others.