Europe healthcare artificial intelligence market witnessed 41.8% growth throughout the analysis period. Adoption of artificial intelligence in research areas and advancement in technology with respect to electronic health records (EHR) and eHealth should drive healthcare artificial intelligence market in Europe. Moreover, European Union undertakes several efforts to stimulate use of healthcare artificial systems to make eHealth stronger. European Union also introduced an innovative technology to develop EHR across Europe named as the European Health Records Organization (EHRO). Global Healthcare Artificial Intelligence Market is expected to surpass USD 13 billion By 2025; according to a new research report by Global Market Insights, Inc.

Healthcare has undergone a transformation over the past several years, shifting from paper-based records systems to electronic records, as well as incorporating digital health monitoring devices and other advanced patient screening systems. These advances have led to an explosion of data, which can best be manipulated and analyzed by artificial intelligence (AI) technology. In healthcare, according to a new report from Tractica, AI is largely being implemented as a tool to more efficiently and accurately review data, and uncover patterns in the data that can be used to improve analyses, uncover inefficiencies, and streamline care, from both a clinical and an operational perspective. The market intelligence firm finds that the overarching driver in these AI implementations is to provide better care for patients, while reducing costs and administrative headaches and bottlenecks. Tractica forecasts that global software revenue from 21 key healthcare AI use cases will grow from $165 million in 2017 to $5.6 billion annually by 2025.