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Artificial intelligence applications in healthcare: Market overview and analysis

The market for artificial intelligence in healthcare is estimated to reach USD 12.22 billion by 2030, growing at a 51.9% CAGR, according to a report by Market Research Future (MRFR). The market value is estimated to be around $1 billion, indicating excellent growth potential. AI in healthcare allows physicians, nurses, and other healthcare personnel to increase their productivity. Artificial intelligence-based technologies and tools assist healthcare businesses in streamlining enormous processes while increasing overall patient care. The increased need for operational efficiency among healthcare companies, the growing popularity of virtual care and home care, and the rise of big data all contribute to market expansion. Experts predict that the healthcare AI business will continue to flourish in the next few years.

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According to Business Wire, global Healthcare Industry will be worth $12T by 2022. Healthcare is vast and highly fragmented with a mix of public and private players. It comprises healthcare providers such as hospitals, pharmaceuticals, and related life sciences. Digitisation and Post-Covid world are set to transform the healthcare industry in the coming decade. Top 5 trends include: Personalisation of patient care, new healthcare delivery models, convergence of food and health, increased global collaboration, and cloud-based electronic health records. HealthGeniuses.com is a business newsletter that curates latest innovations and disruptions in the Top 5 healthcare industry trends above from 100+ journals globally. Sign up to our weekly newsletter
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According to Business Wire, global Healthcare Industry will be worth $12T by 2022. Healthcare is vast and highly fragmented with a mix of public and private players. It comprises patients and healthcare providers such as hospitals, pharmaceuticals, and related life sciences.

Digitisation and Post-Covid world are set to transform the healthcare industry in the coming decade. Our weekly business newsletter covers innovations and disruptions in the Healthcare industry with global coverage.

HealthGeniuses is managed by IndustryGeniuses (A place where industries meet innovation). We are rolling out content platforms for the world’s hottest industries such as Food & Grocery Retail, Consumer Goods and Healthcare. For each of these key industries, we support Tech Startups and Industry Disruptors as they roll out next generation digital initiatives.

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