The artificial intelligence in healthcare market was estimated to be worth USD xx billion in 2023 and is expected to grow at a compound annual growth rate (CAGR) of xx.x% from 2024 to 2034, reaching USD xx billion. The market is increasing and sustainable since it is in line with a variety of industries.
Artificial intelligence (AI) in healthcare refers to the use of AI technologies to help and enhance patient outcomes. It can be used to analyze enormous amounts of raw medical data and unique patient data to make more precise diagnoses and treatment plans, spot possible issues, and suggest fixes in a variety of settings, such as clinical and administrative settings.

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GROWTH DRIVERS
One of the main factors propelling the market where AI allows for real-time analysis customized for each patient is the growing need and desire for precision medicine. According to the World Economic Forum, data analytics and artificial intelligence are expected to enhance early disease diagnosis and diagnostic precision, shorten treatment durations, customize medication, and expand access in underprivileged areas.
Additionally, the market's need for assessment and analysis is driven by the rise in healthcare data collection. Healthcare is expected to rank among the data sources with the fastest global growth, according to the International Data Corporation (IDC), which will present the sector with substantial prospects.
MARKET SEGMENTATION:
· By Offering- software, hardware and services
· By Function- diagnosis and early detection, treatment planning and personalization, patient engagement and remote monitoring, post treatment surveillance and survivorship care, pharmacy management, data management and analytics, administrative
· By Application- clinical and non-clinical applications
· By Deployment Type- on premises, cloud based and hybrid
· By Tools- machine learning, natural language processing, context aware computing, generative AI, computer vision, image analysis
· By End Users- healthcare provider, healthcare payers and others
· By Regions- North America, Europe, Asia Pacific, South America, Middle East and Africa
Global Key Players:
· Microsoft
· IBM
· Google
· NVIDIA Corporation
· Intel Corporation
· Itrex Group
· GE Healthcare
· Medtronic
· Oracle
· Medidata
· Merck
· IQVIA
· Other Players

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