Belgium Artificial Intelligence (AI) in Healthcare Market Analysis.pdf
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About This Presentation
This report presents a strategic analysis of the Belgium Artificial Intelligence (AI) in Healthcare Market and a forecast for its development in the medium and long term. It provides a comprehensive overview of the market value, dynamics, segmentation, main players, growth and demand drivers, challe...
Slide Content
Belgium Artificial Intelligence (AI) in
Healthcare Market Analysis
A sample report on
Healthcare Market Analysis
A sample report on
This report presents a strategic analysis of the Belgium Artificial
Intelligence (AI) in Healthcare Market and a forecast for its
development in the medium and long term. It provides a comprehensive
overview of the market value, dynamics, segmentation, main players,
growth and demand drivers, challenges & future outlook, etc. This is
one of the most comprehensive reports about the Belgium Artificial
Intelligence (AI) in Healthcare Market, and offers unmatched value,
accuracy, and expert insights.
Intelligence (AI) in Healthcare Market and a forecast for its
development in the medium and long term. It provides a comprehensive
overview of the market value, dynamics, segmentation, main players,
growth and demand drivers, challenges & future outlook, etc. This is
one of the most comprehensive reports about the Belgium Artificial
Intelligence (AI) in Healthcare Market, and offers unmatched value,
accuracy, and expert insights.
3 A Sample Report on Belgium Artificial Intelligence (AI) in Healthcare Market Analysis I Confidential
Report Attribute Details
Number of Pages 60-80
Base Year for Estimation 2023
Forecast Period 2024-2030
Report Coverage
Market Overview, Revenue Forecast, Market Segmentation, Growth Factors and Trends,
Competitive Landscape, Key Company Profiles, Government Policies, Regulatory Landscape,
Reimbursement Scenario
Quantitative Units Revenue in USD Million/Billion (Mn/Bn)
Research Approach Secondary Research (60%), Primary Research (40%)
Click on the icon to know the detailed methodology
Report Scope
Report Attribute Details
Number of Pages 60-80
Base Year for Estimation 2023
Forecast Period 2024-2030
Report Coverage
Market Overview, Revenue Forecast, Market Segmentation, Growth Factors and Trends,
Competitive Landscape, Key Company Profiles, Government Policies, Regulatory Landscape,
Reimbursement Scenario
Quantitative Units Revenue in USD Million/Billion (Mn/Bn)
Research Approach Secondary Research (60%), Primary Research (40%)
Click on the icon to know the detailed methodology
Report Scope
4 A Sample Report on Belgium Artificial Intelligence (AI) in Healthcare Market Analysis I Confidential
CONTENT PG. NO.
1. Market Overview 07-17
1.1. Artificial Intelligence (AI) in Healthcare Overview
1.2. Statistics at a Glance: AI in Healthcare Market in the World
1.3. Healthcare Scenario in the World
1.4. Belgium Overview
1.5. Economic Overview: Belgium
1.6. Statistics at a Glance: AI in Healthcare Market in Belgium
1.7. Healthcare Scenario in Belgium
1.8. Budget of Belgium Government for Public Insurance
1.9. Top Developments in Belgium
2. AI in Healthcare Overview 18-19
2.1. Applications of AI in Healthcare
3. Market Size and Forecasting 20-25
Table of Content
CONTENT PG. NO.
1. Market Overview 07-17
1.1. Artificial Intelligence (AI) in Healthcare Overview
1.2. Statistics at a Glance: AI in Healthcare Market in the World
1.3. Healthcare Scenario in the World
1.4. Belgium Overview
1.5. Economic Overview: Belgium
1.6. Statistics at a Glance: AI in Healthcare Market in Belgium
1.7. Healthcare Scenario in Belgium
1.8. Budget of Belgium Government for Public Insurance
1.9. Top Developments in Belgium
2. AI in Healthcare Overview 18-19
2.1. Applications of AI in Healthcare
3. Market Size and Forecasting 20-25
Table of Content
5 A Sample Report on Belgium Artificial Intelligence (AI) in Healthcare Market Analysis I Confidential
CONTENT PG. NO.
3.1. Market Size and Forecasts (Excel and Methodology)
3.2. Snapshot of AI in Healthcare Market Segmentation
3.2.1. By Offerings
3.2.2. By Application
3.2.3. By End User
4. Market Dynamics 26-32
4.1. Market Growth Drivers
4.2. Market Restraints
5. Competitive Landscape 33-42
5.1. Major Market Share
5.2. Key Players in Belgium AI in Healthcare Market
5.2.1. ArtiQ
5.2.2. Bingli
Table of Content
CONTENT PG. NO.
3.1. Market Size and Forecasts (Excel and Methodology)
3.2. Snapshot of AI in Healthcare Market Segmentation
3.2.1. By Offerings
3.2.2. By Application
3.2.3. By End User
4. Market Dynamics 26-32
4.1. Market Growth Drivers
4.2. Market Restraints
5. Competitive Landscape 33-42
5.1. Major Market Share
5.2. Key Players in Belgium AI in Healthcare Market
5.2.1. ArtiQ
5.2.2. Bingli
Table of Content
6 A Sample Report on Belgium Artificial Intelligence (AI) in Healthcare Market Analysis I Confidential
CONTENT PG. NO.
5.2.3. Ovizio
5.2.4. Medicasure
5.2.5. Icometrix
5.2.6. DNAlytics
5.2.7. Awell Health
5.2.8. Nobi
5.2.9. Relu
5.2.10. MintT
6. Reimbursement Scenario 43-48
6.1. Reimbursement Regulation in Belgium
6.2. Reimbursement Process
7. Methodology & Scope 49-69
Table of Content
CONTENT PG. NO.
5.2.3. Ovizio
5.2.4. Medicasure
5.2.5. Icometrix
5.2.6. DNAlytics
5.2.7. Awell Health
5.2.8. Nobi
5.2.9. Relu
5.2.10. MintT
6. Reimbursement Scenario 43-48
6.1. Reimbursement Regulation in Belgium
6.2. Reimbursement Process
7. Methodology & Scope 49-69
Table of Content
Belgium Artificial Intelligence (AI) in Healthcare Market Analysis
1. Market Overview
1. Market Overview
▪Artificial intelligence (AI) is a field of computer science concerned with creating intelligent
machines that can perform tasks (reasoning, learning, problem-solving, and decision-making)
typically requiring human intelligence
▪AI in healthcare refers to the application of various AI technologies to enhance healthcare
professionals' capabilities and improve patient experiences
▪AI plays a crucial role in various aspects of healthcare, including medical diagnosis, drug
discovery, patient experience enhancement, healthcare data management, and robotic surgery
Some key aspects of AI include:
1.1 Artificial Intelligence (AI) in Healthcare Overview
▪Machine Learning: This is a type of AI where computers learn without being explicitly
programmed, usually by analyzing data and identifying patterns
▪Deep Learning: This is a subfield of machine learning that uses artificial neural networks,
inspired by the structure of the human brain
▪Applications of AI: AI is already being used in various industries, including healthcare, finance,
self-driving cars, and recommendation systems
machines that can perform tasks (reasoning, learning, problem-solving, and decision-making)
typically requiring human intelligence
▪AI in healthcare refers to the application of various AI technologies to enhance healthcare
professionals' capabilities and improve patient experiences
▪AI plays a crucial role in various aspects of healthcare, including medical diagnosis, drug
discovery, patient experience enhancement, healthcare data management, and robotic surgery
Some key aspects of AI include:
1.1 Artificial Intelligence (AI) in Healthcare Overview
▪Machine Learning: This is a type of AI where computers learn without being explicitly
programmed, usually by analyzing data and identifying patterns
▪Deep Learning: This is a subfield of machine learning that uses artificial neural networks,
inspired by the structure of the human brain
▪Applications of AI: AI is already being used in various industries, including healthcare, finance,
self-driving cars, and recommendation systems
9 A Sample Report on Belgium Artificial Intelligence (AI) in Healthcare Market Analysis I Confidential
▪Please be aware that this sample report is
intended to provide you with a brief overview
of the kind of information and analysis that
will be presented in the final report
▪In this section you will get an understanding
of the topic, which includes global statistics
and available details related to the topic
▪In order to obtain access to all of the
information that you are seeking, you will
need to purchase the final report
▪Final report will be comprehensive and
detailed, and it will include data, analysis,
trends, and other relevant information related
to the topic or subject matter of interest
Illustrative
1.2 Statistics at a Glance: AI in Healthcare Market in the World
~ $30 Tn
More to the economy will
be contributed by AI by
2030
~ $150 Bn
In healthcare costs could
be saved by AI Application
in the US
19% +
Of the healthcare firms had
adopted AI as of 2021
60%
Of US adults are
uncomfortable with
providers relying in AI
▪Please be aware that this sample report is
intended to provide you with a brief overview
of the kind of information and analysis that
will be presented in the final report
▪In this section you will get an understanding
of the topic, which includes global statistics
and available details related to the topic
▪In order to obtain access to all of the
information that you are seeking, you will
need to purchase the final report
▪Final report will be comprehensive and
detailed, and it will include data, analysis,
trends, and other relevant information related
to the topic or subject matter of interest
Illustrative
1.2 Statistics at a Glance: AI in Healthcare Market in the World
~ $30 Tn
More to the economy will
be contributed by AI by
2030
~ $150 Bn
In healthcare costs could
be saved by AI Application
in the US
19% +
Of the healthcare firms had
adopted AI as of 2021
60%
Of US adults are
uncomfortable with
providers relying in AI
10 A Sample Report on Belgium Artificial Intelligence (AI) in Healthcare Market Analysis I Confidential
Belgium Market
~$xx Bn Market
➢Africa: $_ _
➢APAC: $_ _
➢Europe: $_ _
➢LATAM: $_ _
➢Middle East: $_ _
➢North America: $_ _
Regional Analysis
Illustrative
1.3 Healthcare Scenario in the World
Belgium Market
~$xx Bn Market
➢Africa: $_ _
➢APAC: $_ _
➢Europe: $_ _
➢LATAM: $_ _
➢Middle East: $_ _
➢North America: $_ _
Regional Analysis
Illustrative
1.3 Healthcare Scenario in the World
11 A Sample Report on Belgium Artificial Intelligence (AI) in Healthcare Market Analysis I Confidential
Illustrative
11.7 Mn+
Is the population of
Belgium in 2023
$627 Bn
Is the Gross Domestic
Product in Belgium in
2023
41.3 years
Is the median age in Belgium
in 2023
10.0%
Of Belgium’s GDP is
spent on health in 2023
1.4 Belgium Overview
▪Please be aware that this sample report is
intended to provide you with a brief
overview of the kind of information and
analysis that will be presented in the final
report
▪In this section you will get an
understanding of the topic, which includes
the demographic data, economic
landscape, and other details related to the
topic
▪In order to obtain access to all of the
information that you are seeking, you will
need to purchase the final report
▪Final report will be comprehensive and
detailed, and it will include data, analysis,
trends, and other relevant information
related to the topic or subject matter of
interest
Illustrative
11.7 Mn+
Is the population of
Belgium in 2023
$627 Bn
Is the Gross Domestic
Product in Belgium in
2023
41.3 years
Is the median age in Belgium
in 2023
10.0%
Of Belgium’s GDP is
spent on health in 2023
1.4 Belgium Overview
▪Please be aware that this sample report is
intended to provide you with a brief
overview of the kind of information and
analysis that will be presented in the final
report
▪In this section you will get an
understanding of the topic, which includes
the demographic data, economic
landscape, and other details related to the
topic
▪In order to obtain access to all of the
information that you are seeking, you will
need to purchase the final report
▪Final report will be comprehensive and
detailed, and it will include data, analysis,
trends, and other relevant information
related to the topic or subject matter of
interest
12 A Sample Report on Belgium Artificial Intelligence (AI) in Healthcare Market Analysis I Confidential
Population of Belgium, (In Mn) GDP of Belgium, (in $Bn)
Population Split (2023)
By Age GroupBy Gender
▪In this section you will get an understanding of the demographics
of the country/region, which includes the population, GDP,
healthcare expenditure and other details related to the topic
▪In order to obtain access to all of the information that you are
seeking, you will need to purchase the final report
▪Final report will be comprehensive and detailed, and it will
include data, analysis, trends, and other relevant information
related to the topic or subject matter of interest
Illustrative
1.5 Economic Overview: Belgium
11.26
11.32
11.37
11.43
11.49
11.52
11.58
11.69
2016 2017 2018 2019 2020 2021 2022 2023
$476
$502
$543 $535 $526
$600
$583
$627
2016 2017 2018 2019 2020 2021 2022 2023
Male
49%
Female
51%
19%
61%
21%
0-14 Yrs
15-64 Yrs
65+ Yrs
Population of Belgium, (In Mn) GDP of Belgium, (in $Bn)
Population Split (2023)
By Age GroupBy Gender
▪In this section you will get an understanding of the demographics
of the country/region, which includes the population, GDP,
healthcare expenditure and other details related to the topic
▪In order to obtain access to all of the information that you are
seeking, you will need to purchase the final report
▪Final report will be comprehensive and detailed, and it will
include data, analysis, trends, and other relevant information
related to the topic or subject matter of interest
Illustrative
1.5 Economic Overview: Belgium
11.26
11.32
11.37
11.43
11.49
11.52
11.58
11.69
2016 2017 2018 2019 2020 2021 2022 2023
$476
$502
$543 $535 $526
$600
$583
$627
2016 2017 2018 2019 2020 2021 2022 2023
Male
49%
Female
51%
19%
61%
21%
0-14 Yrs
15-64 Yrs
65+ Yrs
13 A Sample Report on Belgium Artificial Intelligence (AI) in Healthcare Market Analysis I Confidential
Illustrative
1.6 Statistics at a Glance: AI in Healthcare Market in Belgium
▪In this section you will get an
understanding of the AI in Healthcare
market, which includes important statistics
and other details related to the topic
▪Please be aware that this sample report is
intended to provide you with a brief
overview of the kind of information and
analysis that will be presented in the final
report
▪In order to obtain access to all of the
information that you are seeking, you will
need to purchase the final report
▪Final report will be comprehensive and
detailed, and it will include data, analysis,
trends, and other relevant information
related to the topic or subject matter of
interest
51+
Companies are present in
AI in Healthcare sector in
Belgium
1.8 Bn
Hours can be saved every
year by the use of AI
Applications
20-25%
Is the adoption rate of AI in
Belgium
8+
Use cases of AI in
Healthcare are identified in
Belgium
Illustrative
1.6 Statistics at a Glance: AI in Healthcare Market in Belgium
▪In this section you will get an
understanding of the AI in Healthcare
market, which includes important statistics
and other details related to the topic
▪Please be aware that this sample report is
intended to provide you with a brief
overview of the kind of information and
analysis that will be presented in the final
report
▪In order to obtain access to all of the
information that you are seeking, you will
need to purchase the final report
▪Final report will be comprehensive and
detailed, and it will include data, analysis,
trends, and other relevant information
related to the topic or subject matter of
interest
51+
Companies are present in
AI in Healthcare sector in
Belgium
1.8 Bn
Hours can be saved every
year by the use of AI
Applications
20-25%
Is the adoption rate of AI in
Belgium
8+
Use cases of AI in
Healthcare are identified in
Belgium
14 A Sample Report on Belgium Artificial Intelligence (AI) in Healthcare Market Analysis I Confidential
1.7 Healthcare Scenario in Belgium
Public Healthcare
▪Universal Healthcare: The system is primarily funded through
social security contributions, which are a percentage of an
individual's income
▪There are also some contributions from general taxation
Private Healthcare
▪Voluntary: Private healthcare in Belgium is entirely voluntary
▪It's generally used by individuals and expats seeking additional
coverage or services not fully reimbursed by the public system
Insurance
▪Coverage for All: All Belgian residents are required to register
with a sickness fund (health insurance provider)
▪This insurance covers most healthcare costs but private
insurances can also be taken that offer different levels of coverage
Government Programs
▪Health Promotion and Prevention: The government launches
public health campaigns targeting certain issues
▪Campaigns encourage healthier lifestyles and reduce the burden
of non-communicable diseases
Illustrative
1.7 Healthcare Scenario in Belgium
Public Healthcare
▪Universal Healthcare: The system is primarily funded through
social security contributions, which are a percentage of an
individual's income
▪There are also some contributions from general taxation
Private Healthcare
▪Voluntary: Private healthcare in Belgium is entirely voluntary
▪It's generally used by individuals and expats seeking additional
coverage or services not fully reimbursed by the public system
Insurance
▪Coverage for All: All Belgian residents are required to register
with a sickness fund (health insurance provider)
▪This insurance covers most healthcare costs but private
insurances can also be taken that offer different levels of coverage
Government Programs
▪Health Promotion and Prevention: The government launches
public health campaigns targeting certain issues
▪Campaigns encourage healthier lifestyles and reduce the burden
of non-communicable diseases
Illustrative
15 A Sample Report on Belgium Artificial Intelligence (AI) in Healthcare Market Analysis I Confidential
1.8 Budget of Belgium Government for Public Insurance
Proposed Budget By Category
Outlays 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 20312022-31
In Billions Of Dollars
Medicare
$769 $709 $766 $841 $840 $947 $1,014 $1,085 $1,227 $1,178 $1,325 $1,412 $10,633
As % Of GDP 3.7% 3.2% 3.3% 3.4% 3.3% 3.6% 3.7% 3.8% 4.1% 3.8% 4.1% 4.2% 3.7%
▪National Health Expenditures (NHE) grew 2.7% to $4.3 Tn in 2021, or $12,914 per person, and accounted for 18.3% of Gross Domestic Product (GDP)
▪Medicare spending grew 8.4% to $900.8 Bn in 2021, or 21% of total NHE
▪Private health insurance spending grew 5.8% to $1,211.4 Bn in 2021, or 28% of total NHE
▪Out of pocket spending grew 10.4% to $433.2 Bn in 2021, or 10% of total NHE
▪Other Third Party Payers and Programs and Public Health Activity spending declined 20.7% in 2021 to $596.6 Bn, or 14% of total NHE
▪Hospital expenditures grew 4.4% to $1,323.9 Bn in 2021, slower than the 6.2% growth in 2020
▪Physician and clinical services expenditures grew 5.6% to $864.6 Bn in 2021, slower growth than the 6.6% in 2020
▪Prescription drug spending increased 7.8% to $378.0 Bn in 2021, faster than the 3.7% growth in 2020
▪Largest shares of total health spending were sponsored by the federal government (34%) and the households (27%). The private business share of health
spending accounted for 17% of total health care spending, state and local governments accounted for 15%, and other private revenues accounted for 7%
Illustrative
1.8 Budget of Belgium Government for Public Insurance
Proposed Budget By Category
Outlays 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 20312022-31
In Billions Of Dollars
Medicare
$769 $709 $766 $841 $840 $947 $1,014 $1,085 $1,227 $1,178 $1,325 $1,412 $10,633
As % Of GDP 3.7% 3.2% 3.3% 3.4% 3.3% 3.6% 3.7% 3.8% 4.1% 3.8% 4.1% 4.2% 3.7%
▪National Health Expenditures (NHE) grew 2.7% to $4.3 Tn in 2021, or $12,914 per person, and accounted for 18.3% of Gross Domestic Product (GDP)
▪Medicare spending grew 8.4% to $900.8 Bn in 2021, or 21% of total NHE
▪Private health insurance spending grew 5.8% to $1,211.4 Bn in 2021, or 28% of total NHE
▪Out of pocket spending grew 10.4% to $433.2 Bn in 2021, or 10% of total NHE
▪Other Third Party Payers and Programs and Public Health Activity spending declined 20.7% in 2021 to $596.6 Bn, or 14% of total NHE
▪Hospital expenditures grew 4.4% to $1,323.9 Bn in 2021, slower than the 6.2% growth in 2020
▪Physician and clinical services expenditures grew 5.6% to $864.6 Bn in 2021, slower growth than the 6.6% in 2020
▪Prescription drug spending increased 7.8% to $378.0 Bn in 2021, faster than the 3.7% growth in 2020
▪Largest shares of total health spending were sponsored by the federal government (34%) and the households (27%). The private business share of health
spending accounted for 17% of total health care spending, state and local governments accounted for 15%, and other private revenues accounted for 7%
Illustrative
16 A Sample Report on Belgium Artificial Intelligence (AI) in Healthcare Market Analysis I Confidential
1.9 Top Developments in Belgium
Company Name Type
Amount /
Duration
Year Key Pointers
Acquisition -
April,
2024
▪Air Liquide has acquired two homecare businesses in Belgium and
the Netherlands that support 10,000 patients living with respiratory
insufficiency, sleep apnea syndrome, or requiring infusion or
nutrition treatments
▪This move was part of the company's strategic expansion efforts in
the healthcare sector
▪It is expected to further solidify Air Liquide's position as a key
player in the healthcare industry, showcasing its dedication to
improving patient care and expanding its market reach
Investment $3 Bn
August,
2023
▪Accenture has created an AI lab in Brussels to develop services
across Europe focused on the health, public sector and NATO
▪It aims to help European governments and healthcare
organizations leverage AI to improve services and outcomes for
citizens
▪Lab will have a core team of 25 people based, with around 90 more
across Europe offering expertise in AI, computer vision, natural
language processing, responsible AI and statistical modeling
Latest Developments in Belgium
Illustrative
1.9 Top Developments in Belgium
Company Name Type
Amount /
Duration
Year Key Pointers
Acquisition -
April,
2024
▪Air Liquide has acquired two homecare businesses in Belgium and
the Netherlands that support 10,000 patients living with respiratory
insufficiency, sleep apnea syndrome, or requiring infusion or
nutrition treatments
▪This move was part of the company's strategic expansion efforts in
the healthcare sector
▪It is expected to further solidify Air Liquide's position as a key
player in the healthcare industry, showcasing its dedication to
improving patient care and expanding its market reach
Investment $3 Bn
August,
2023
▪Accenture has created an AI lab in Brussels to develop services
across Europe focused on the health, public sector and NATO
▪It aims to help European governments and healthcare
organizations leverage AI to improve services and outcomes for
citizens
▪Lab will have a core team of 25 people based, with around 90 more
across Europe offering expertise in AI, computer vision, natural
language processing, responsible AI and statistical modeling
Latest Developments in Belgium
Illustrative
17 A Sample Report on Belgium Artificial Intelligence (AI) in Healthcare Market Analysis I Confidential
1.9 Top Developments in Belgium (Continued)
Latest Developments in Belgium
Company Name Type
Amount /
Duration
Year Key Pointers
Illustrative
1.9 Top Developments in Belgium (Continued)
Latest Developments in Belgium
Company Name Type
Amount /
Duration
Year Key Pointers
Illustrative
Belgium Artificial Intelligence (AI) in Healthcare Market Analysis
2. AI in Healthcare Overview
2. AI in Healthcare Overview
19 A Sample Report on Belgium Artificial Intelligence (AI) in Healthcare Market Analysis I Confidential
2.1 Applications of AI in Healthcare
Illustrative
▪Analyze large
amounts of medical
data
▪This can help identify
patterns and
correlations for
earlier and more
accurate diagnoses
▪AI models use deep
learning technology
and improve as the
database gets richer
▪Screen millions of
potential drug
compounds to
identify the most
effective and safe
ones
▪This can reduce the
time and cost of
developing new
drugs
▪Develop chatbots for
answering patients'
health questions,
scheduling
appointments,
providing medication
reminders
▪Personalize
treatment plans
▪Provide real-time
feedback on patient
progress.
▪Store, organize, and
analyze vast
amounts of
healthcare data
▪Improve quality of
care by providing
doctors with a more
complete picture of a
patient's health
history
▪Control robotic
surgical systems for
greater precision and
control than
traditional surgery
▪Lead to shorter
recovery times and
fewer complications
for patients
Drug
Discovery
Medical
Diagnosis
Patient
Experience
Robotic
Surgery
Data
Management
2.1 Applications of AI in Healthcare
Illustrative
▪Analyze large
amounts of medical
data
▪This can help identify
patterns and
correlations for
earlier and more
accurate diagnoses
▪AI models use deep
learning technology
and improve as the
database gets richer
▪Screen millions of
potential drug
compounds to
identify the most
effective and safe
ones
▪This can reduce the
time and cost of
developing new
drugs
▪Develop chatbots for
answering patients'
health questions,
scheduling
appointments,
providing medication
reminders
▪Personalize
treatment plans
▪Provide real-time
feedback on patient
progress.
▪Store, organize, and
analyze vast
amounts of
healthcare data
▪Improve quality of
care by providing
doctors with a more
complete picture of a
patient's health
history
▪Control robotic
surgical systems for
greater precision and
control than
traditional surgery
▪Lead to shorter
recovery times and
fewer complications
for patients
Drug
Discovery
Medical
Diagnosis
Patient
Experience
Robotic
Surgery
Data
Management
Belgium Artificial Intelligence (AI) in Healthcare Market Analysis
3. Market Size and Forecasting
3. Market Size and Forecasting
21 A Sample Report on Belgium Artificial Intelligence (AI) in Healthcare Market Analysis I Confidential
XX
2023 2024F 2025F 2026F 2027F 2028F 2029F 2030F
Belgium AI in Healthcare Market Forecast, 2023-2030
Click on the icon to know the calculations and assumption
20232024202520262027202820292030
Major Markets Patient
($Mn)
2.74 2.82 2.90 2.94 2.98 3.02 3.07 3.12
Belgium Patient Size
($Bn)
0.51 0.61 0.68 0.69 0.70 0.71 0.72 0.73
% of Patients 18.75%21.70%23.56%23.45%23.42%23.39%23.34%23.45%
Global Market Size ($Bn)3,6203,7803,9504,1284,3144,5084,7114,937
Belgium Market Size
($Bn)
61 74 84 87 91 95 99 106
Illustrative
3.1 Market size and forecasts (Excel and Methodology)
▪In this section you will get an
understanding of the AI in Healthcare
market, which includes important statistics
and other details related to the topic
▪Please be aware that this sample report is
intended to provide you with a brief
overview of the kind of information and
analysis that will be presented in the final
report
▪In order to obtain access to all of the
information that you are seeking, you will
need to purchase the final report
▪Final report will be comprehensive and
detailed, and it will include data, analysis,
trends, and other relevant information
related to the topic or subject matter of
interest
XX
2023 2024F 2025F 2026F 2027F 2028F 2029F 2030F
Belgium AI in Healthcare Market Forecast, 2023-2030
Click on the icon to know the calculations and assumption
20232024202520262027202820292030
Major Markets Patient
($Mn)
2.74 2.82 2.90 2.94 2.98 3.02 3.07 3.12
Belgium Patient Size
($Bn)
0.51 0.61 0.68 0.69 0.70 0.71 0.72 0.73
% of Patients 18.75%21.70%23.56%23.45%23.42%23.39%23.34%23.45%
Global Market Size ($Bn)3,6203,7803,9504,1284,3144,5084,7114,937
Belgium Market Size
($Bn)
61 74 84 87 91 95 99 106
Illustrative
3.1 Market size and forecasts (Excel and Methodology)
▪In this section you will get an
understanding of the AI in Healthcare
market, which includes important statistics
and other details related to the topic
▪Please be aware that this sample report is
intended to provide you with a brief
overview of the kind of information and
analysis that will be presented in the final
report
▪In order to obtain access to all of the
information that you are seeking, you will
need to purchase the final report
▪Final report will be comprehensive and
detailed, and it will include data, analysis,
trends, and other relevant information
related to the topic or subject matter of
interest
22 A Sample Report on Belgium Artificial Intelligence (AI) in Healthcare Market Analysis I Confidential
▪In this section you will get an understanding of the segmentations which will cover the Belgium AI in Healthcare Market
▪In order to obtain access to all of the information that you are seeking, you will need to purchase the final report
Illustrative
3.2 Snapshot of AI in Healthcare Market Segmentation
By Offering
Hardware
Software
Services
By Application
Robot Assisted Surgery
Clinical Trials
Diagnostics
Others
By End User
Pharma Companies
Hospitals & Clinics
Patients
▪In this section you will get an understanding of the segmentations which will cover the Belgium AI in Healthcare Market
▪In order to obtain access to all of the information that you are seeking, you will need to purchase the final report
Illustrative
3.2 Snapshot of AI in Healthcare Market Segmentation
By Offering
Hardware
Software
Services
By Application
Robot Assisted Surgery
Clinical Trials
Diagnostics
Others
By End User
Pharma Companies
Hospitals & Clinics
Patients
23 A Sample Report on Belgium Artificial Intelligence (AI) in Healthcare Market Analysis I Confidential
Belgium AI in Healthcare Market Share, By Offerings (2023)
Illustrative
3.2.1 Market Segmentation: By Offerings
▪In this section you will get an
understanding of Belgium AI in Healthcare
Market Segmentation by offerings
▪Please be aware that this sample report is
intended to provide you with a brief
overview of the kind of information and
analysis that will be presented in the final
report
▪In order to obtain access to all of the
information that you are seeking, you will
need to purchase the final report
▪Final report will be comprehensive and
detailed, and it will include data, analysis,
trends, and other relevant information
related to the topic or subject matter of
interest
Hardware
Software
Services
Belgium AI in Healthcare Market Share, By Offerings (2023)
Illustrative
3.2.1 Market Segmentation: By Offerings
▪In this section you will get an
understanding of Belgium AI in Healthcare
Market Segmentation by offerings
▪Please be aware that this sample report is
intended to provide you with a brief
overview of the kind of information and
analysis that will be presented in the final
report
▪In order to obtain access to all of the
information that you are seeking, you will
need to purchase the final report
▪Final report will be comprehensive and
detailed, and it will include data, analysis,
trends, and other relevant information
related to the topic or subject matter of
interest
Hardware
Software
Services
24 A Sample Report on Belgium Artificial Intelligence (AI) in Healthcare Market Analysis I Confidential
Illustrative
3.2.2 Market Segmentation: By Application
▪In this section you will get an
understanding of Belgium AI in Healthcare
Market Segmentation by application
▪Please be aware that this sample report is
intended to provide you with a brief
overview of the kind of information and
analysis that will be presented in the final
report
▪In order to obtain access to all of the
information that you are seeking, you will
need to purchase the final report
▪Final report will be comprehensive and
detailed, and it will include data, analysis,
trends, and other relevant information
related to the topic or subject matter of
interest
Robot Assisted
Surgery
Clinical Trials
Diagnostics
Others
Belgium AI in Healthcare Market Share, By Application (2023)
Illustrative
3.2.2 Market Segmentation: By Application
▪In this section you will get an
understanding of Belgium AI in Healthcare
Market Segmentation by application
▪Please be aware that this sample report is
intended to provide you with a brief
overview of the kind of information and
analysis that will be presented in the final
report
▪In order to obtain access to all of the
information that you are seeking, you will
need to purchase the final report
▪Final report will be comprehensive and
detailed, and it will include data, analysis,
trends, and other relevant information
related to the topic or subject matter of
interest
Robot Assisted
Surgery
Clinical Trials
Diagnostics
Others
Belgium AI in Healthcare Market Share, By Application (2023)
25 A Sample Report on Belgium Artificial Intelligence (AI) in Healthcare Market Analysis I Confidential
Belgium AI in Healthcare Market Share, By End User (2023)
Illustrative
3.2.3 Market Segmentation: By End User
▪In this section you will get an
understanding of Belgium AI in Healthcare
Market Segmentation by end user
▪Please be aware that this sample report is
intended to provide you with a brief
overview of the kind of information and
analysis that will be presented in the final
report
▪In order to obtain access to all of the
information that you are seeking, you will
need to purchase the final report
▪Final report will be comprehensive and
detailed, and it will include data, analysis,
trends, and other relevant information
related to the topic or subject matter of
interest
Pharma
Companies
Hospitals &
Clinics
Patients
Belgium AI in Healthcare Market Share, By End User (2023)
Illustrative
3.2.3 Market Segmentation: By End User
▪In this section you will get an
understanding of Belgium AI in Healthcare
Market Segmentation by end user
▪Please be aware that this sample report is
intended to provide you with a brief
overview of the kind of information and
analysis that will be presented in the final
report
▪In order to obtain access to all of the
information that you are seeking, you will
need to purchase the final report
▪Final report will be comprehensive and
detailed, and it will include data, analysis,
trends, and other relevant information
related to the topic or subject matter of
interest
Pharma
Companies
Hospitals &
Clinics
Patients
Belgium Artificial Intelligence (AI) in Healthcare Market Analysis
4. Market Dynamics
4. Market Dynamics
27 A Sample Report on Belgium Artificial Intelligence (AI) in Healthcare Market Analysis I Confidential
4. Snapshot Of Market Growth Drivers And Restraints
Illustrative
4.1.1
Belgium’s
promising
technological
startup
environment
4.1.2
Government
initiatives that
aid in digital
transformation
4.1.3
Lack of
medical staff in
drives demand
for automated
AI solutions
4.1.4
Increasing
disease burden
demands for
effective
solutions
4.2.1
Strict rules on
data
protection and
privacy in the
EU
4.2.2
Lack of trust
in AI and
other digital
tools
4. Snapshot Of Market Growth Drivers And Restraints
Illustrative
4.1.1
Belgium’s
promising
technological
startup
environment
4.1.2
Government
initiatives that
aid in digital
transformation
4.1.3
Lack of
medical staff in
drives demand
for automated
AI solutions
4.1.4
Increasing
disease burden
demands for
effective
solutions
4.2.1
Strict rules on
data
protection and
privacy in the
EU
4.2.2
Lack of trust
in AI and
other digital
tools
28 A Sample Report on Belgium Artificial Intelligence (AI) in Healthcare Market Analysis I Confidential
4.1.1 Belgium now boasts a promising technological startup environment, and the
number of unicorns is steadily expanding
Illustrative
▪Please be aware that this sample report is intended to provide you with a
brief overview of the kind of information and analysis that will be
presented in the final report
▪In order to obtain access to all of the information that you are seeking,
you will need to purchase the final report
▪Final report will be comprehensive and detailed, and it will include data,
analysis, trends, and other relevant information related to the topic or
subject matter of interest
2010 2023 2030
Growing numbers of unicorns in Belgium
4.1.1 Belgium now boasts a promising technological startup environment, and the
number of unicorns is steadily expanding
Illustrative
▪Please be aware that this sample report is intended to provide you with a
brief overview of the kind of information and analysis that will be
presented in the final report
▪In order to obtain access to all of the information that you are seeking,
you will need to purchase the final report
▪Final report will be comprehensive and detailed, and it will include data,
analysis, trends, and other relevant information related to the topic or
subject matter of interest
2010 2023 2030
Growing numbers of unicorns in Belgium
29 A Sample Report on Belgium Artificial Intelligence (AI) in Healthcare Market Analysis I Confidential
4.1.2 Belgian government's commitment to implement national digital
transformation by 2025
Illustrative
▪Please be aware that this sample report is intended to provide you
with a brief overview of the kind of information and analysis that will
be presented in the final report
▪In order to obtain access to all of the information that you are
seeking, you will need to purchase the final report
▪Final report will be comprehensive and detailed, and it will include
data, analysis, trends, and other relevant information related to the
topic or subject matter of interest
Government Initiative Description
Initiative 1 --
Initiative 2 --
Initiative 3 --
Initiative 4 --
4.1.2 Belgian government's commitment to implement national digital
transformation by 2025
Illustrative
▪Please be aware that this sample report is intended to provide you
with a brief overview of the kind of information and analysis that will
be presented in the final report
▪In order to obtain access to all of the information that you are
seeking, you will need to purchase the final report
▪Final report will be comprehensive and detailed, and it will include
data, analysis, trends, and other relevant information related to the
topic or subject matter of interest
Government Initiative Description
Initiative 1 --
Initiative 2 --
Initiative 3 --
Initiative 4 --
30 A Sample Report on Belgium Artificial Intelligence (AI) in Healthcare Market Analysis I Confidential
▪Please be aware that this sample report is intended to provide you with a
brief overview of the kind of information and analysis that will be
presented in the final report
▪In order to obtain access to all of the information that you are seeking,
you will need to purchase the final report
▪Final report will be comprehensive and detailed, and it will include data,
analysis, trends, and other relevant information related to the topic or
subject matter of interest
Illustrative
4.1.3 Local healthcare providers in Belgium are migrating causing lack of medical
staff in the country
Increase in migration of local Medical
Professionals in Belgium
2010 2023 2030
▪Please be aware that this sample report is intended to provide you with a
brief overview of the kind of information and analysis that will be
presented in the final report
▪In order to obtain access to all of the information that you are seeking,
you will need to purchase the final report
▪Final report will be comprehensive and detailed, and it will include data,
analysis, trends, and other relevant information related to the topic or
subject matter of interest
Illustrative
4.1.3 Local healthcare providers in Belgium are migrating causing lack of medical
staff in the country
Increase in migration of local Medical
Professionals in Belgium
2010 2023 2030
31 A Sample Report on Belgium Artificial Intelligence (AI) in Healthcare Market Analysis I Confidential
▪Please be aware that this sample report is intended to provide you with a
brief overview of the kind of information and analysis that will be
presented in the final report
▪In order to obtain access to all of the information that you are seeking,
you will need to purchase the final report
▪Final report will be comprehensive and detailed, and it will include data,
analysis, trends, and other relevant information related to the topic or
subject matter of interest
Illustrative
4.1.4 With a growing population and increasing healthcare needs, there is a rising
demand for efficient and effective healthcare solutions
Increase in disease burden in Belgium
2010 2023 2030
▪Please be aware that this sample report is intended to provide you with a
brief overview of the kind of information and analysis that will be
presented in the final report
▪In order to obtain access to all of the information that you are seeking,
you will need to purchase the final report
▪Final report will be comprehensive and detailed, and it will include data,
analysis, trends, and other relevant information related to the topic or
subject matter of interest
Illustrative
4.1.4 With a growing population and increasing healthcare needs, there is a rising
demand for efficient and effective healthcare solutions
Increase in disease burden in Belgium
2010 2023 2030
32 A Sample Report on Belgium Artificial Intelligence (AI) in Healthcare Market Analysis I Confidential
Our analysis will thoroughly investigate the key restraints that may significantly impact business
operations and growth.
Illustrative
4.2 Market Restraints
▪Please be aware that this sample report is intended to
provide you with a brief overview of the kind of information
and analysis that will be presented in the final report
▪In order to obtain access to all of the information that you
are seeking, you will need to purchase the final report
▪Final report will be comprehensive and detailed, and it will
include data, analysis, trends, and other relevant information
related to the topic or subject matter of interest
4.2.1 AI uses a huge amount of data and thus complying
to EU’s stringent data protection regulations is
necessary
4.2.2 Certain segment of the population might
harbor hesitancy towards adoption of AI due to lack
of trust in digital tools
▪Please be aware that this sample report is intended to
provide you with a brief overview of the kind of
information and analysis that will be presented in the
final report
▪In order to obtain access to all of the information that
you are seeking, you will need to purchase the final
report
▪Final report will be comprehensive and detailed, and it
will include data, analysis, trends, and other relevant
information related to the topic or subject matter of
interest
Our analysis will thoroughly investigate the key restraints that may significantly impact business
operations and growth.
Illustrative
4.2 Market Restraints
▪Please be aware that this sample report is intended to
provide you with a brief overview of the kind of information
and analysis that will be presented in the final report
▪In order to obtain access to all of the information that you
are seeking, you will need to purchase the final report
▪Final report will be comprehensive and detailed, and it will
include data, analysis, trends, and other relevant information
related to the topic or subject matter of interest
4.2.1 AI uses a huge amount of data and thus complying
to EU’s stringent data protection regulations is
necessary
4.2.2 Certain segment of the population might
harbor hesitancy towards adoption of AI due to lack
of trust in digital tools
▪Please be aware that this sample report is intended to
provide you with a brief overview of the kind of
information and analysis that will be presented in the
final report
▪In order to obtain access to all of the information that
you are seeking, you will need to purchase the final
report
▪Final report will be comprehensive and detailed, and it
will include data, analysis, trends, and other relevant
information related to the topic or subject matter of
interest
Belgium Artificial Intelligence (AI) in Healthcare Market Analysis
5. Competitive Landscape
5. Competitive Landscape
34 A Sample Report on Belgium Artificial Intelligence (AI) in Healthcare Market Analysis I Confidential
Company 1
Company 2
Company 3
Company 4
Company 5
Company 6
Company 7
Company 8
Company 9
Company 10
Revenue of Major players in the Belgium AI in Healthcare
Market ($ Mn)
Illustrative
5.1 Major Market Share
▪Please be aware that this sample report is
intended to provide you with a brief
overview of the kind of information and
analysis that will be presented in the final
report
▪In this section you will the understating of
financial overview of the company, which
includes revenue forecasting, segment
revenue and other key details as per
availability
▪In order to obtain access to all of the
information that you are seeking, you will
need to purchase the final report
▪Final report will be comprehensive and
detailed, and it will include data, analysis,
trends, and other relevant information
related to the topic or subject matter of
interest
Company 1
Company 2
Company 3
Company 4
Company 5
Company 6
Company 7
Company 8
Company 9
Company 10
Revenue of Major players in the Belgium AI in Healthcare
Market ($ Mn)
Illustrative
5.1 Major Market Share
▪Please be aware that this sample report is
intended to provide you with a brief
overview of the kind of information and
analysis that will be presented in the final
report
▪In this section you will the understating of
financial overview of the company, which
includes revenue forecasting, segment
revenue and other key details as per
availability
▪In order to obtain access to all of the
information that you are seeking, you will
need to purchase the final report
▪Final report will be comprehensive and
detailed, and it will include data, analysis,
trends, and other relevant information
related to the topic or subject matter of
interest
35 A Sample Report on Belgium Artificial Intelligence (AI) in Healthcare Market Analysis I Confidential
5.2 Key Players in Belgium AI in Healthcare Market
Illustrative
▪Here is the list of top companies which will
cover in the final report
▪Each company will have slides for
oOverview
oKey details
oOfferings
oName of products
oRecent activities/ Press Coverage
oMergers, Acquisitions and
Collaboration
oFinancials
▪If there are specific companies that you
would like to be included in the report,
please let us know via email
▪In order to obtain access to all of the
information that you are seeking, you will
need to purchase the final report
ArtiQ1 DNAlytics6
Bingli2 Awell Health7
Ovizio3 Nobi8
Medicasure4 Relu9
Icometrix5 MintT10
5.2 Key Players in Belgium AI in Healthcare Market
Illustrative
▪Here is the list of top companies which will
cover in the final report
▪Each company will have slides for
oOverview
oKey details
oOfferings
oName of products
oRecent activities/ Press Coverage
oMergers, Acquisitions and
Collaboration
oFinancials
▪If there are specific companies that you
would like to be included in the report,
please let us know via email
▪In order to obtain access to all of the
information that you are seeking, you will
need to purchase the final report
ArtiQ1 DNAlytics6
Bingli2 Awell Health7
Ovizio3 Nobi8
Medicasure4 Relu9
Icometrix5 MintT10
5.2.1 ArtiQ
Founded in: 2019
HQ: Leuven, Belgium
Type: Private
Revenue: <$5 Mn (Global)
Website: www.artiq.eu
▪ArtiQ is a local company that leverages AI to enhance respiratory
medicine
▪Their AI-driven software supports the interpretation of pulmonary
function tests (PFTs), providing accurate, timely diagnostics and
follow-up for lung diseases
▪It collaborates with prominent partners and is recognized for its
validated, CE-marked technologies
Offers solutions for:
➢Doctors
➢Clinical Research Organizations
➢Pharma Companies
Products and Platforms
Illustrative
Automated Interpretation
Support for Pulmonary
Function Tests
Automated Interpretation
Support for Spirometry Tests
Instant Artificial Intelligence
Over-reading of Spirometry
Artificial Intelligence -enabled
Risk-Based Monitoring
For Doctors For CROs and Pharma
Founded in: 2019
HQ: Leuven, Belgium
Type: Private
Revenue: <$5 Mn (Global)
Website: www.artiq.eu
▪ArtiQ is a local company that leverages AI to enhance respiratory
medicine
▪Their AI-driven software supports the interpretation of pulmonary
function tests (PFTs), providing accurate, timely diagnostics and
follow-up for lung diseases
▪It collaborates with prominent partners and is recognized for its
validated, CE-marked technologies
Offers solutions for:
➢Doctors
➢Clinical Research Organizations
➢Pharma Companies
Products and Platforms
Illustrative
Automated Interpretation
Support for Pulmonary
Function Tests
Automated Interpretation
Support for Spirometry Tests
Instant Artificial Intelligence
Over-reading of Spirometry
Artificial Intelligence -enabled
Risk-Based Monitoring
For Doctors For CROs and Pharma
37 A Sample Report on Belgium Artificial Intelligence (AI) in Healthcare Market Analysis I Confidential
Company Name Type
Amount /
Duration
Year Key Pointers
Acquisition -
April,
2024
▪ArtiQ, has recently been acquired by Clario, a prominent
healthcare research and technology company
▪This acquisition aims to revolutionize the respiratory market by
enhancing the quality and efficiency of spirometry data analysis,
ultimately improving patient outcomes and clinical trial results
▪Collaboration between ArtiQ and Clario is set to introduce
innovative solutions that will transform respiratory care globally
Partnership -
February,
2024
▪AstraZeneca and ArtiQ have partnered to advance research on
respiratory conditions and enhance the quality of life for individuals
with lung diseases
▪AstraZeneca believes that the systematic use of ArtiQ.Spiro in
primary care can increase the use of spirometry and help resolve
the underdiagnosis of COPD and other chronic respiratory
diseases
5.2.1 ArtiQ (Continued)
Illustrative
Latest Developments
Company Name Type
Amount /
Duration
Year Key Pointers
Acquisition -
April,
2024
▪ArtiQ, has recently been acquired by Clario, a prominent
healthcare research and technology company
▪This acquisition aims to revolutionize the respiratory market by
enhancing the quality and efficiency of spirometry data analysis,
ultimately improving patient outcomes and clinical trial results
▪Collaboration between ArtiQ and Clario is set to introduce
innovative solutions that will transform respiratory care globally
Partnership -
February,
2024
▪AstraZeneca and ArtiQ have partnered to advance research on
respiratory conditions and enhance the quality of life for individuals
with lung diseases
▪AstraZeneca believes that the systematic use of ArtiQ.Spiro in
primary care can increase the use of spirometry and help resolve
the underdiagnosis of COPD and other chronic respiratory
diseases
5.2.1 ArtiQ (Continued)
Illustrative
Latest Developments
38 A Sample Report on Belgium Artificial Intelligence (AI) in Healthcare Market Analysis I Confidential
20202021202220232024F2025F2026F2027F2028F2029F2030F
5.2.1 ArtiQ (Continued)
Revenues ($Bn), 2020-2030
Breakdown of Net Revenue by Segment, 2023
1 2 3 4
Illustrative
▪Please be aware that this sample report is
intended to provide you with a brief
overview of the kind of information and
analysis that will be presented in the final
report
▪In this section you will the understating of
financial overview of the company, which
includes revenue forecasting, segment
revenue and other key details as per
availability
▪In order to obtain access to all of the
information that you are seeking, you will
need to purchase the final report
▪Final report will be comprehensive and
detailed, and it will include data, analysis,
trends, and other relevant information
related to the topic or subject matter of
interest
20202021202220232024F2025F2026F2027F2028F2029F2030F
5.2.1 ArtiQ (Continued)
Revenues ($Bn), 2020-2030
Breakdown of Net Revenue by Segment, 2023
1 2 3 4
Illustrative
▪Please be aware that this sample report is
intended to provide you with a brief
overview of the kind of information and
analysis that will be presented in the final
report
▪In this section you will the understating of
financial overview of the company, which
includes revenue forecasting, segment
revenue and other key details as per
availability
▪In order to obtain access to all of the
information that you are seeking, you will
need to purchase the final report
▪Final report will be comprehensive and
detailed, and it will include data, analysis,
trends, and other relevant information
related to the topic or subject matter of
interest
5.2.2 Bingli
Founded in:
HQ:
Type:
Revenue:
Website:
Solutions offered by Company
Drugs Indications
Drugs for OTC Recent Activity / Press Coverage
Founded in:
HQ:
Type:
Revenue:
Website:
Solutions offered by Company
Drugs Indications
Drugs for OTC Recent Activity / Press Coverage
40 A Sample Report on Belgium Artificial Intelligence (AI) in Healthcare Market Analysis I Confidential
5.2.2 Bingli (Continued)
Major Distribution Partners Major Vendor Partners
Partnerships Ecosystem
5.2.2 Bingli (Continued)
Major Distribution Partners Major Vendor Partners
Partnerships Ecosystem
41 A Sample Report on Belgium Artificial Intelligence (AI) in Healthcare Market Analysis I Confidential
5.2.2 Bingli (Continued)
Company Name Type
Amount /
Duration
Year Key Pointers
Latest Developments
5.2.2 Bingli (Continued)
Company Name Type
Amount /
Duration
Year Key Pointers
Latest Developments
42 A Sample Report on Belgium Artificial Intelligence (AI) in Healthcare Market Analysis I Confidential
xx
xx
xx
20202021202220232024F2025F2026F2027F2028F2029F2030F
5.2.2 Bingli (Continued)
Revenues ($Bn), 2020-2030
Breakdown of Net Revenue by Segment, 2022
1 2 3 4
▪Please be aware that this sample report is
intended to provide you with a brief
overview of the kind of information and
analysis that will be presented in the final
report
▪In this section you will the understating of
financial overview of the company, which
includes revenue forecasting, segment
revenue and other key details as per
availability
▪In order to obtain access to all of the
information that you are seeking, you will
need to purchase the final report
▪Final report will be comprehensive and
detailed, and it will include data, analysis,
trends, and other relevant information
related to the topic or subject matter of
interest
xx
xx
xx
20202021202220232024F2025F2026F2027F2028F2029F2030F
5.2.2 Bingli (Continued)
Revenues ($Bn), 2020-2030
Breakdown of Net Revenue by Segment, 2022
1 2 3 4
▪Please be aware that this sample report is
intended to provide you with a brief
overview of the kind of information and
analysis that will be presented in the final
report
▪In this section you will the understating of
financial overview of the company, which
includes revenue forecasting, segment
revenue and other key details as per
availability
▪In order to obtain access to all of the
information that you are seeking, you will
need to purchase the final report
▪Final report will be comprehensive and
detailed, and it will include data, analysis,
trends, and other relevant information
related to the topic or subject matter of
interest
Belgium Artificial Intelligence (AI) in Healthcare Market Analysis
6. Reimbursement Scenario
6. Reimbursement Scenario
44 A Sample Report on Belgium Artificial Intelligence (AI) in Healthcare Market Analysis I Confidential
6.1 Reimbursement Regulation in Belgium
Belgium, as part of the European Union (EU), adheres to healthcare and pharmaceutical regulations primarily governed by EU regulations and
directives
▪European Medicines Agency (EMA) plays a central role in coordinating the evaluation and supervision of medicinal products throughout
the EU, ensuring uniform standards and safety across member states: EMA is responsible for the scientific evaluation, supervision, and
safety monitoring of medicines in the EU, fostering cooperation among national regulatory authorities to harmonize regulatory processes
▪However, each EU member state, including Belgium, also has its national regulatory authority responsible for implementing and enforcing EU
pharmaceutical regulations at the national level
▪In Belgium, the main regulatory authority responsible for medicines and health products is the Federal Agency for Medicines and Health
Products (FAMHP): FAMHP, working closely with the EMA oversees the quality, safety, and efficacy of medicines and health products on the
Belgian market
▪In addition to the FAMHP, the Belgian Data Protection Authority (DPA) plays a crucial role in enforcing compliance with data protection
laws
▪Additionally, Belgium has recently established the Health Data Authority (HAD) to oversee the sharing and use of healthcare data: HDA
aims to facilitate the responsible use of health information to improve public health outcomes and advance medical research
Regulatory Framework In Belgium
Illustrative
6.1 Reimbursement Regulation in Belgium
Belgium, as part of the European Union (EU), adheres to healthcare and pharmaceutical regulations primarily governed by EU regulations and
directives
▪European Medicines Agency (EMA) plays a central role in coordinating the evaluation and supervision of medicinal products throughout
the EU, ensuring uniform standards and safety across member states: EMA is responsible for the scientific evaluation, supervision, and
safety monitoring of medicines in the EU, fostering cooperation among national regulatory authorities to harmonize regulatory processes
▪However, each EU member state, including Belgium, also has its national regulatory authority responsible for implementing and enforcing EU
pharmaceutical regulations at the national level
▪In Belgium, the main regulatory authority responsible for medicines and health products is the Federal Agency for Medicines and Health
Products (FAMHP): FAMHP, working closely with the EMA oversees the quality, safety, and efficacy of medicines and health products on the
Belgian market
▪In addition to the FAMHP, the Belgian Data Protection Authority (DPA) plays a crucial role in enforcing compliance with data protection
laws
▪Additionally, Belgium has recently established the Health Data Authority (HAD) to oversee the sharing and use of healthcare data: HDA
aims to facilitate the responsible use of health information to improve public health outcomes and advance medical research
Regulatory Framework In Belgium
Illustrative
45 A Sample Report on Belgium Artificial Intelligence (AI) in Healthcare Market Analysis I Confidential
6.1 Reimbursement Regulation in Belgium
The core healthcare regulatory schemes related to digital health are:
▪the Act on the Performance of the Healthcare Professions of 10 May 2015;
▪the Act on Hospitals and Other Care Facilities of 10 July 2008;
▪the Health Care Quality of Practice Act of 22 April 2019;
▪the Patients’ Rights Act of 22 August 2002;
▪the Law on Medicines of 25 March 1964;
▪the EU Regulation 2017/745 on Medical Devices (MDR); Medical Devices Act of 22 December 2020; EU Regulation 2017/746 on In Vitro
Diagnostic Medical Devices (IVDMDR) of 5 April 2017; In Vitro Diagnostic Medical Devices Act of 15 June 2022;
▪the Law on Experiments with Humans of 7 May 2004; EU Regulation 536/2014 on clinical trials on medicinal products for human use of 16
April 2014; and
▪a number of legislative initiatives and already adopted instruments in light of the EU’s digital strategy, such as the Digital Services Act (EU
Regulation 2022/2065), the EU proposal for an AI Act, and general data strategy, such as the Data Governance Act (DGA) (EU Regulation
2022/868) and the recently adopted Data Act (EU Regulation 2023/2854).
Regulatory Framework for Digital Health In Belgium
Illustrative
6.1 Reimbursement Regulation in Belgium
The core healthcare regulatory schemes related to digital health are:
▪the Act on the Performance of the Healthcare Professions of 10 May 2015;
▪the Act on Hospitals and Other Care Facilities of 10 July 2008;
▪the Health Care Quality of Practice Act of 22 April 2019;
▪the Patients’ Rights Act of 22 August 2002;
▪the Law on Medicines of 25 March 1964;
▪the EU Regulation 2017/745 on Medical Devices (MDR); Medical Devices Act of 22 December 2020; EU Regulation 2017/746 on In Vitro
Diagnostic Medical Devices (IVDMDR) of 5 April 2017; In Vitro Diagnostic Medical Devices Act of 15 June 2022;
▪the Law on Experiments with Humans of 7 May 2004; EU Regulation 536/2014 on clinical trials on medicinal products for human use of 16
April 2014; and
▪a number of legislative initiatives and already adopted instruments in light of the EU’s digital strategy, such as the Digital Services Act (EU
Regulation 2022/2065), the EU proposal for an AI Act, and general data strategy, such as the Data Governance Act (DGA) (EU Regulation
2022/868) and the recently adopted Data Act (EU Regulation 2023/2854).
Regulatory Framework for Digital Health In Belgium
Illustrative
46 A Sample Report on Belgium Artificial Intelligence (AI) in Healthcare Market Analysis I Confidential
6.1 Reimbursement Regulation in Belgium (Continued)
Coverage Penetration (% Total Population) Source of Funding
Spend on Healthcare (%of Current Health Expenditure)
Reimbursement Market Trends
Public healthcare coverage is provided by the government and includes
programs like Medicare and Medicaid
Medicare is a federal program that provides healthcare coverage to individuals
who are 65 years of age or older, as well as certain younger people with
disabilities
▪Shift towards value-based care has been a significant trend in Belgium healthcare system, with payers and providers increasingly focused on improving patient
outcomes and reducing costs
▪This has led to the development of alternative payment models such as accountable care organizations (ACOs) and bundled payment arrangements, which
incentivize providers to deliver high-quality, cost-effective care
38.9% 37.1% 35.6% 32.5% 31.5%
44.0%
46.0% 47.7%
51.0% 51.8%
2017 2018 2019 2020 2021 2022 2023
Government Expenditure
Private Health Insurance
Out of Pocket
Other
NA NA
100% 100% 100% 100% 100%
xx
xx xx
xx xx
2019 2020 2021 2022 2023
Public Healthcare
Coverage
Private Coverage
6.3% 4.08% 5.1% 3.8% 2.2% 2.4% 3.6% GDP Growth (yoy)
14.7% 11.3% 15.5% 7.5% 4.2% NA NA HC Spend Growth (yoy)
Illustrative
6.1 Reimbursement Regulation in Belgium (Continued)
Coverage Penetration (% Total Population) Source of Funding
Spend on Healthcare (%of Current Health Expenditure)
Reimbursement Market Trends
Public healthcare coverage is provided by the government and includes
programs like Medicare and Medicaid
Medicare is a federal program that provides healthcare coverage to individuals
who are 65 years of age or older, as well as certain younger people with
disabilities
▪Shift towards value-based care has been a significant trend in Belgium healthcare system, with payers and providers increasingly focused on improving patient
outcomes and reducing costs
▪This has led to the development of alternative payment models such as accountable care organizations (ACOs) and bundled payment arrangements, which
incentivize providers to deliver high-quality, cost-effective care
38.9% 37.1% 35.6% 32.5% 31.5%
44.0%
46.0% 47.7%
51.0% 51.8%
2017 2018 2019 2020 2021 2022 2023
Government Expenditure
Private Health Insurance
Out of Pocket
Other
NA NA
100% 100% 100% 100% 100%
xx
xx xx
xx xx
2019 2020 2021 2022 2023
Public Healthcare
Coverage
Private Coverage
6.3% 4.08% 5.1% 3.8% 2.2% 2.4% 3.6% GDP Growth (yoy)
14.7% 11.3% 15.5% 7.5% 4.2% NA NA HC Spend Growth (yoy)
Illustrative
47 A Sample Report on Belgium Artificial Intelligence (AI) in Healthcare Market Analysis I Confidential
6.2 Reimbursement Process
The reimbursement process in Belgium healthcare system can be complex and can vary depending on the type of healthcare service,
the healthcare provider, and the insurance coverage. Here are the general steps involved in the reimbursement process:
▪Service or Treatment Provided: The healthcare provider performs a service or treatment for the patient
▪Billing: The healthcare provider submits a claim to the insurance company or other payer, requesting reimbursement for the
service provided
▪Adjudication: The insurance company or other payer reviews the claim to determine whether it meets the criteria for
reimbursement. This can involve verifying the patient's eligibility, reviewing the treatment provided, and checking for any potential
errors or fraud
▪Payment: If the claim is approved, the insurance company or other payer reimburses the healthcare provider for the service
provided, based on the negotiated payment rates or fee schedule
▪Patient Responsibility: Depending on the patient's insurance coverage, they may be responsible for paying a portion of the cost
of the service, such as deductibles, co-payments, or co-insurance
In order to obtain access to all of the information that you are seeking, you will need to purchase the final report
Final report will be comprehensive and detailed, and it will include data, analysis, trends, and other relevant information related to the
topic or subject matter of interest
Illustrative
6.2 Reimbursement Process
The reimbursement process in Belgium healthcare system can be complex and can vary depending on the type of healthcare service,
the healthcare provider, and the insurance coverage. Here are the general steps involved in the reimbursement process:
▪Service or Treatment Provided: The healthcare provider performs a service or treatment for the patient
▪Billing: The healthcare provider submits a claim to the insurance company or other payer, requesting reimbursement for the
service provided
▪Adjudication: The insurance company or other payer reviews the claim to determine whether it meets the criteria for
reimbursement. This can involve verifying the patient's eligibility, reviewing the treatment provided, and checking for any potential
errors or fraud
▪Payment: If the claim is approved, the insurance company or other payer reimburses the healthcare provider for the service
provided, based on the negotiated payment rates or fee schedule
▪Patient Responsibility: Depending on the patient's insurance coverage, they may be responsible for paying a portion of the cost
of the service, such as deductibles, co-payments, or co-insurance
In order to obtain access to all of the information that you are seeking, you will need to purchase the final report
Final report will be comprehensive and detailed, and it will include data, analysis, trends, and other relevant information related to the
topic or subject matter of interest
Illustrative
48 A Sample Report on Belgium Artificial Intelligence (AI) in Healthcare Market Analysis I Confidential
6.3 Reimbursement Process (Continued)
The reimbursement process in Belgium healthcare system can be complex
and can vary depending on the type of healthcare service, the healthcare
provider, and the insurance coverage. Here are the general steps involved
in the reimbursement process:
▪Service or Treatment Provided: The healthcare provider performs a
service or treatment for the patient
▪Billing: The healthcare provider submits a claim to the insurance
company or other payer, requesting reimbursement for the service
provided
▪Adjudication: The insurance company or other payer reviews the claim
to determine whether it meets the criteria for reimbursement. This can
involve verifying the patient's eligibility, reviewing the treatment
provided, and checking for any potential errors or fraud
▪Payment: If the claim is approved, the insurance company or other
payer reimburses the healthcare provider for the service provided,
based on the negotiated payment rates or fee schedule
Illustrative
MoH
Private Payers Public Payers
Health Technology Assessment
PaymentCoverageCoding
Coding depends on availability code while coverage and
payment process decisions are made through an HTA.
Market Authorization
1 32
6.3 Reimbursement Process (Continued)
The reimbursement process in Belgium healthcare system can be complex
and can vary depending on the type of healthcare service, the healthcare
provider, and the insurance coverage. Here are the general steps involved
in the reimbursement process:
▪Service or Treatment Provided: The healthcare provider performs a
service or treatment for the patient
▪Billing: The healthcare provider submits a claim to the insurance
company or other payer, requesting reimbursement for the service
provided
▪Adjudication: The insurance company or other payer reviews the claim
to determine whether it meets the criteria for reimbursement. This can
involve verifying the patient's eligibility, reviewing the treatment
provided, and checking for any potential errors or fraud
▪Payment: If the claim is approved, the insurance company or other
payer reimburses the healthcare provider for the service provided,
based on the negotiated payment rates or fee schedule
Illustrative
MoH
Private Payers Public Payers
Health Technology Assessment
PaymentCoverageCoding
Coding depends on availability code while coverage and
payment process decisions are made through an HTA.
Market Authorization
1 32
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Market Strategy, Market
Access, and Digital Health with
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and APAC.
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Founder & CEO
Anish Swaminathan
Director
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UK and Belgium, was very useful.
Insights10 has been a great resource for
getting a detailed report on the UK
Physiotherapy Market. Usually I had multiple
sources for getting global reports, but now I
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Insights10 which has been a game changer.
We were looking for very specific information regarding Abu Dhabi
Oncology Drugs Market. The insights provided by Insights10 is
fantastic and they just took less than three days to deliver the report.
What our clients say
Thank You
www.insights10.com
Email: [email protected]
India: (+91) 931 639 7935
We would be happy to help.
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www.insights10.com
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