Artificial Intelligence in Healthcare Market Size, Innovations, Challenges, and Opportunities 2024–2032

Nikita Belhekar
3 min readMay 27, 2024

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The global Artificial Intelligence in healthcare market, valued at USD 10.54 billion in 2021, is expected to reach USD 164.10 billion by 2029, growing at a CAGR of 42.4% during the forecast period of 2022–2029.

In a recent study, Fortune Business Insights presents the nitty-gritty of the global Artificial Intelligence in Healthcare Market considering 2024–2032 as the stipulated timeframe. The business report highlights the drivers, restraints, opportunities and trends affecting market growth. Further, all the market shares associated with the market as well as the segments are expressed in terms of value and volume.

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The Artificial Intelligence in Healthcare Market study outlines the key regions of North America, Latin America, Europe, East Asia, Japan along with the countries contributing the most in the respective regions. The report presents detailed insights about each market player, including SWOT analysis, main market information, market share, revenue, pricing and gross margin. Prominent players covered in this research are

  • Amazon.com, Inc. (U.S.)
  • Microsoft Corporation (U.S.)
  • NVIDIA Corporation (U.S.)
  • Alphabet Inc. (U.S.)
  • Hewlett Packard Enterprise Company (U.S.)
  • Intel Corporation (U.S.)
  • Siemens AG (Germany)
  • General Electric Company (U.S.)
  • Allscripts Healthcare Solutions, Inc. (U.S.)
  • UnitedHealth Group, (Optum Inc.) (U.S.)

Market Dynamics

Increase in investments by the pharmaceutical and MedTech companies in Artificial Intelligence (AI) in healthcare to expand their business is likely to propel the growth of the market. According to the PwC, Artificial Intelligence (AI) is efficient, quick, and performs operational activities at much lower cost. Also, the AI assists medical professionals for early diagnosis and detection of any disease. This has led to a rise in investments by majority of healthcare providers working in the industry.

The insights for each vendor consist of:

  • Company profile
  • SWOT analysis
  • Main market information
  • Market share
  • Revenue, pricing and gross margin

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Crucial insights in the Artificial Intelligence in Healthcare Market research:

  1. Underlying macro- and microeconomic factors impacting the growth of the Artificial Intelligence in Healthcare Market.
  2. Basic overview of Artificial Intelligence in Healthcare Market, including market definition, classification, and applications.
  3. Scrutinization of each Artificial Intelligence in Healthcare Market player based on mergers & acquisitions, R&D projects, and product launches.
  4. Adoption trend of Artificial Intelligence in Healthcare Market across various industries.
  5. Important regions and countries offering lucrative opportunities to Artificial Intelligence in Healthcare Market stakeholders.

Segmentation Analysis:

By Platform

Solutions
Services

By Application

Robot-Assisted Surgery
Virtual Nursing Assistant
Administrative Workflow Assistance
Clinical Trials
Preliminary Diagnosis
Others

Important regions covered in the Artificial Intelligence in Healthcare Market report include:

  • North America
  • Europe
  • Asia-Pacific
  • Latin America
  • Middle East & Africa

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