Healthcare Artificial Intelligence (AI) Market, Market Size, Share, Growth, Opportunities, Trends, Analysis and Forecast 2030

In the healthcare industry, artificial intelligence is being utilized to investigate the link between treatment methods and patient outcomes. Medication management, treatment regimens, and drug discovery are all areas where AI may help in healthcare. It is employed in diagnostics, customized medicine, medication development, and patient monitoring. The expansion in the volume of healthcare data and the complexities of datasets are pushing the demand for AI in healthcare. From 2021 to 2030, the Healthcare Artificial Intelligence Market is expected to increase at a CAGR of 38.1%, from $8.23 billion in 2020 to $194.4 billion by 2030.

The growing desire to reduce healthcare expenses, as well as advancements in processing power and lower hardware costs, boost the healthcare artificial intelligence market. An increase in the number of collaborations and partnerships between various domains in the healthcare ecosystem, as well as a greater need to improve the quality of healthcare services as a result of the disconnect between patients and the healthcare workforce.

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Key Players

DEEP GENOMICS

Next IT Corp

General Vision

Google

NVIDIA Corporation

IBM Watson Health

Intel Corporation

Koninklijke Philips N.V

GENERAL ELECTRIC

Stryker

Microsoft Corporation

CloudMedx Inc

Segmental Analysis

Based on the Component, the global Healthcare Artificial Intelligence (AI) Market has been segmented into Hardware, Software, and Services.

Based on the Application, the global Healthcare Artificial Intelligence (AI) Market has been segmented into Robot-Assisted Surgery, Virtual Nursing assistants, Dosage Error Reduction, Clinical Trial, Preliminary Diagnosis, and Automated Image Diagnosis.

Based on the Technology, the global Healthcare Artificial Intelligence (AI) Market has been segmented into Machine Learning, Querying methods, Natural Language Processing, Context-Aware Computing, and Computer Vision.

Based on the End-User, the global Healthcare Artificial Intelligence (AI) Market has been segmented into Hospital & Diagnostic Centers, Pharmaceutical & Biotechnology Companies, and Academic & Research Laboratories.

Based on the Region, the global Healthcare Artificial Intelligence (AI) Market has been segmented into North America, Europe, Asia-Pacific, and the Rest of the World.

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Regional Analysis

The Healthcare Artificial Intelligence Market is broken down into four regions North America, Europe, Asia-Pacific, Latin America and the Caribbean. The Americas has the largest AI market share in healthcare, which is predicted to continue during the forecast period. A growing biotechnology industry and increasing uses of robot-assisted surgery are two of the key factors that have propelled the Americas to the forefront. Europe is the second-largest industry, owing to ongoing R&D initiatives in the healthcare AI field. The Asia Pacific is a quickly growing market that is predicted to rise during the forecast period. Meanwhile, due to a scarcity of specialised healthcare facilities in parts of the region, the Middle East and Africa will grow more slowly than other regions.

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