Artificial Intelligence in Diagnostics Market Size

Artificial Intelligence in Diagnostics Market size is estimated at USD 1.3 billion in 2024 and is projected to reach USD 19.9 billion by the end of 2037, registering around 23% CAGR during the forecast period i.e., between 2025-2037. In 2025, the industry size of artificial intelligence in diagnostics is evaluated at USD 1.6 billion.

Artificial intelligence in diagnostics market is expanding rapidly, driven by high demand for more accurate, efficient, and timely diagnostic solutions. The ability of AI to process a large amount of data, identify patterns, and diagnose complex diseased conditions has placed them in high demand in diversified healthcare settings. For example, Qritive of QAi Prostate launched an AI-powered diagnosis tool for prostate cancer in March 2023. Such launches further illustrate how companies are shifting their focus to appreciate AI's role in increasing diagnostic accuracy and improving patient outcomes.

Governments around the world are acknowledging the role of AI in health diagnostics and introducing policies to support artificial intelligence in diagnostics market growth. For example, AI-driven predictive analytics reduced 5% off the rate of suicides among high-risk veterans assessed by the Department of Veterans Affairs. Government-initiated programs help to improve patient outcomes and overcome medical diagnosis errors, driving further AI-powered diagnostic innovations and extended market opportunities.