Monday, November 25, 2024

Press Release: Healthcare AI Market to hit $34.5 billion by 2027, Says Global Market Insights Inc.

“The healthcare artificial intelligence (AI) market is expected to surpass USD 34.5 billion by 2027, as reported in a research study by Global Market Insights Inc. Artificial intelligence has revolutionized the field of healthcare by designing treatment plans, assisting in repetitive tasks, medication management, and drug discovery. It can also be effectively used for healthcare data management by collecting, storing, and normalizing the data…”

“Some major findings of the healthcare artificial intelligence market report include:

  • Artificial intelligence has revolutionized the field of healthcare by designing treatment plans, assisting in repetitive tasks, medication management, and drug discovery will drive the healthcare artificial intelligence market growth.
  • Launch of novel AI powered virtual assistant solutions will escalate the demand for healthcare artificial intelligence solutions.
  • Presence of large patient pool stimulating demand for better healthcare services and developing healthcare infrastructure will support Asia Pacific healthcare artificial intelligence market growth.
  • Industry players are focusing on various strategies such as acquisition, business expansion and novel product launches to consolidate their market presence.
  • Prominent players operating in the market are IBM Corporation, Modernizing Medicine, NVIDIA Corporation, Sophia Genetics…” Read the full press release here.

Source: Healthcare AI Market to hit $34.5 billion by 2027, Says Global Market Insights Inc. – October 25, 2021. PR Newswire.

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Jackie Gilbert
Jackie Gilbert
Jackie Gilbert is a Content Analyst for FedHealthIT and Author of 'Anything but COVID-19' on the Daily Take Newsletter for G2Xchange Health and FedCiv.

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