Artificial Intelligence (AI) in Healthcare Market Size, Share, Trends, Analysis and Forecast by Region, Segment, Offering, Technology and End User, 2022-2027

Summary The AI in healthcare market size was valued at US$7,679.39 million in 2021 and is expected to grow at a compound annual growth rate (CAGR) of 39.05% during 2022-2027. The key to the growth has been increasing investment and development in AI and increasing strategic moves by market players are stimulating. Additionally, key strategic partnerships and mergers and acquisitions are expected to accelerate market growth. Healthcare, including pharma, medical devices, healthcare providers, and payers, is a highly regulated industry, and therefore can be slow to adopt new technologies and modernize.However, the healthcare industry is realizing the benefits artificial intelligence (AI) can bring, and it is now being used in different areas across the entire value chain. Additionally, its use in the healthcare space is expected to continue to increase in the next five years. The integration of software with artificial intelligence is creating growth avenues for the global artificial intelligence in healthcare market.Integration of software with artificial intelligence offers immediate decision support and best results to diagnose diseases.