Artificial Intelligence (AI) in Healthcare Market Analysis

Application (Drug Discovery, Medical Imaging, Electrocardiography, Medical Research, Personalized Medicine)

The global AI in Healthcare Market is segmented and analyzed for demand and supply by application into virtual assistance, clinics, diagnostic labs, and hospitals, out of which, the virtual assistance segment is projected to witness noteworthy growth over the forecast period. The growth of the segment can be accounted to the growing utilization of virtual assistance for medical consulting, the growing geriatrics population, and increasing healthcare expenditure. For instance, more than 7 billion digital voice assistants will be functioning across the globe by 2024.

Our in-depth analysis of the global market includes the following segments:

By Technology	Context-Aware Processing Natural Language Processing Speed Recognition, Machine Learning Others
By Offering	Hardware Software Services
By Application	Virtual Assistance Drug Discovery Medical Imaging Electrocardiography Medical Research Personalized Medicine
By End-User	Clinics Diagnostic Labs Hospitals

Frequently Asked Questions (FAQ)

In the year 2025, the industry size of artificial intelligence in healthcare is evaluated at USD 67.8 billion.

The artificial intelligence in healthcare market size was over USD 49.71 billion in 2024 and is expected to exceed USD 6.64 trillion by the end of 2037, witnessing over 45.3% CAGR during the forecast period i.e., between 2025-2037. Significant decrement in the number of physicians and increasing geriatric population across the globe will drive the market growth.

Asia Pacific industry is likely to hold largest revenue share by 2037, propelled by growing geriatric population and growing healthcare infrastructure in the region.

The major players in the market include NVIDIA Corporation, Philips International B.V., Micron Technology, Inc., Siemens Healthcare GmbH, Crunchbase Inc., Genger.io, Inc., Welltok, Inc., Google LLC, Medtronic plc, General Electric Company.

Artificial Intelligence (AI) in Healthcare Market Analysis