Global Artificial Intelligence (AI) Influence on Healthcare Market Expected to Reach $148 Billion By 2029
C3.ai, Inc. Class A (AI)
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Source: GlobeNewswire
PALM BEACH, Fla., Nov. 12, 2024 (GLOBE NEWSWIRE) -- FN Media Group News Commentary - According to experts tracking the artificial intelligence (AI) infrastructure market, the growth of the AI in Healthcare industry is driven by the growing need for improvised healthcare services due to the imbalance between the healthcare workforce and patients, improving computing power, and declining hardware cost. A report from MarketsAndMarkets said that the AI in Healthcare industry is projected to grow from USD 20.9 billion in 2024 and is estimated to reach USD 148.4 billion by 2029; it is expected to grow at a Compound Annual Growth Rate (CAGR) of 48.1% from 2024 to 2029. AI plays a pivotal role across diverse healthcare applications, necessitating the implementation of sophisticated algorithms for tasks ranging from patient data analysis to drug discovery. Its applications span patient care, risk analysis, lifestyle management, precision medicine, medical imaging, and more. Successful AI dep
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