Healthcare Artificial Intelligence (AI) Market Worth $51.3 Billion by 2027

Healthcare Artificial Intelligence Market by Product and Services (Software, Services), Technology (Machine Learning, NLP), Application (Medical Imaging, Precision Medicine, Patient Management), End User (Hospitals, Patients) – Global Forecast to 2027

The Healthcare Artificial Intelligence Market is expected to grow at a CAGR of 41.4% from 2020 to 2027 to reach at $51.3 billion by 2027. The factors such as increasing funding for healthcare artificial intelligence, growing demand for personalized therapy, large pool of healthcare data, and growing use of AI in reducing healthcare cost are expected to propel the growth of the overall healthcare artificial intelligence market. However, the reluctance in adopting AI technologies is expected to hamper the growth of this market.

Report Story