Authored By: Sarah
15 Jul 2024

Artificial Intelligence (AI) in the Healthcare Sector Market advancement to reach USD 11.82 Bn revenue through 2023-2027  

Digitization in healthcare across the globe followed by the growing demand for reduced healthcare costs, and a growing number of partnerships and collaborations is transforming the Healthcare Sector. The Artificial Intelligence (AI) Market is being rapidly integrated into the Healthcare Sector. Between 2022 and 2027, the Artificial Intelligence (AI) in the Healthcare Sector Market is projected to develop at a compound annual growth rate (CAGR) of 23.5%, resulting in a growth in revenue of USD 11.82 billion.

Growth Analysis of Artificial Intelligence (AI) in the Healthcare Sector Market: Navigating through the eccentric business drivers it is observed that the push for digitization and demand for cost-effective healthcare service has become a major priority of healthcare organizations such as hospitals and clinics. Therefore Introduction of Artificial Intelligence (AI) in the Healthcare Sector Market has optimized operations and resources by healthcare providers significantly dropping costs and increasing efficiency followed by improved experience of patients and health professionals through affordable, quality treatment and care.

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Artificial Intelligence (AI) in Healthcare Sector Market at a Glance

"Automation of operations through AI, ML, and cloud-based solutions helps healthcare organizations streamline operations to increase patient satisfaction while reducing costs."

Core Companies of Artificial Intelligence (AI) In Healthcare Sector Market: Some of the core companies that are making a mark in the market landscape comprise names like Alphabet Inc., Inc., Atomwise Inc., BenchSci Analytics Inc., CarePredict Inc., Catalia Health, Cyclica, Deep Genomics Inc., Entelai, Exscientia PLC, General Electric Co, etc

Organizations like Ada Health GmbH offer artificial intelligence in the healthcare sector such as Ada. Technavio's report comes with qualitative and quantitative analysis of core companies with a wider understanding of the business environment as well as the strengths and weaknesses of key market players. 

Get a comprehensive report summary describing the market landscape in our data-backed report that captures the growth trajectory of the market.

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