Global AI in Healthcare Market by Supply, by Technology, by Application, by End User by Regions, Competitive Forecast and Opportunity, 2027



Global AI in Healthcare Market, by Offering (Software vs. Hardware), by Technology (Machine Learning, Computer Vision, Natural Language Processing, Context-Aware Computing), by Application (Medical Imaging & Diagnostics, Robotic Surgery, Drug Detection, Inpatient Care & Hospital Management, Patient Data & Risk Analysis, Other ), by end user (healthcare providers, pharmaceutical and biotech companies, patients, others) by region, competitive forecast and opportunities, 2027

New York, June 30, 2022 (GLOBE NEWSWIRE) — announces the release of its report “Global AI in Healthcare Market, By Offering, By Technology, By Application, By End User By Region, Competition Forecast & Opportunities, 2027 ” –

Global AI in healthcare was valued at USD 8231.36 million, which is expected to grow further at an impressive CAGR of 21.56% over the forecast period, reaching a market value of USD 25121.10 million by 2027. Exceptional integration of technology and internet-based services in the healthcare sector will drive global AI in the healthcare market over the next five years. Consistent development through research and innovative additions to medical devices and medical procedures will support the growth of the global healthcare AI market over the next five years.
The growing abundance of medical data and the demand to store that data on patient and medical cases will help further the growth of global AI in healthcare over the next five years. Rising demand for precision medicine is also helping the market growth.

The precision medicines are designed according to the patient’s genetic map, very specific to the particular patient and their disease or condition requiring the involvement of advanced technology and artificial intelligence that can formulate the structure of the medicine and its effect on the patient through of various biochemical procedures, proving the growth of the global healthcare AI market in the forecast years to 2027.
The global healthcare AI market is segmented by offering, technology, application, end user, region, and company. Based on the supply, the market can be divided into software and hardware.

The software segment is expected to have the largest revenue shares in the market and dominate the market over the next five years due to the increasing involvement of technologically advanced medical procedures that ensure better healthcare services and efficient methods of patient care. Based on technology, the market can be divided into machine learning, computer vision, natural language processing and context-aware computing.

Based on end-users, the market can be segmented into healthcare providers, pharmaceutical and biotechnology companies, patients, and others. Regionally, North America dominates the market in Europe, Asia-Pacific, South America and the Middle East and Africa.
Alphabet Inc, Microsoft Corporation, Intel Corporation, NVDIA Corporation, Medtronic Plc, Koninklijke Philips, Siemens Healthineers, General Electric Company, Micron Technology Amazon Web Services are among the key market players in the global platform leading the growth of the global AI in healthcare market.

Years considered for this report:

Historic years: 2017- 2020
Base year: 2021
Estimated year: 2022
Forecast period: 2023 – 2027

Purpose of the study:

• To analyze the market size of the global AI in Healthcare market from 2017 to 2021.
• To estimate and forecast the global AI in Healthcare market size from 2022 to 2027 and its growth rate to 2027.
• Classifying and forecasting global AI in healthcare market by offering, technology, application, end user, region and company.
• To identify dominant region or segment in the global healthcare AI market.
• To identify drivers and challenges for global AI in the healthcare market.
• Investigate competitive developments such as expansions, launches of new products and services, mergers and acquisitions, etc. in the global healthcare AI market.
• Identify and analyze the profile of leading players operating in the global AI in the healthcare market.
• Identify the key sustainable strategies adopted by market players in the global AI in the healthcare market.
The analyst conducted both primary and extensive secondary research for this study. Initially, the analyst compiled a list of manufacturers and service providers around the world.

The analyst then conducted primary research surveys of the identified companies. During the interviews, the respondents were also informed about their competitors.

This technique allows the analyst to include the manufacturers and service providers that could not be identified due to the limitations of secondary research. The analyst examined the manufacturers and service providers, distribution channels and presence of all major players around the world.
The analyst calculated the market size of the global AI in Healthcare market using a bottom-up approach, capturing data for various end-user segments and forecasting for the coming years. The analyst obtained these values ​​from the industry experts and company representatives and validated externally by analyzing historical data of these products and services and applications to obtain an appropriate, overall market size.

Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations and financial reports were also studied by the analyst.

Main target audience:

• Manufacturers & service providers, suppliers
• Distributors and other stakeholders
• Government agencies such as regulators and policy makers
• Organisations, forums and alliances related to AI healthcare
• Market research and consultancy firms
The study is useful in providing answers to several critical questions that are important to the stakeholders in the industry such as manufacturers, service providers, suppliers, partners, end-users, etc., as well as enabling them to strategize investments and exploit market opportunities.

Report Range:

In this report, the global Healthcare AI market has been segmented into the following categories in addition to the industry trends also described below:
• AI in the healthcare market, by offering:
o Software
o Hardware
• AI in the healthcare market, by technology:
o Machine learning
o Computer vision
o Natural language processing
o Context-aware computing
• AI in the healthcare market by application:
o Medical imaging and diagnostics
o Robotic surgery
o Drug discovery
o Inpatient care and hospital management
o Patient data and risk analysis
o Others
• AI in the healthcare market per end user:
o Healthcare providers
o Pharmaceutical and biotech companies
o Patients
o Others
• AI in the healthcare market, by region:
o North America
United States
o Europe
United Kingdom
The Netherlands
o Asia-Pacific
South Korea
o South America
o Middle East and Africa
South Africa
Saudi Arabia

Competitive landscape

Company Profiles: Detailed analysis of the major companies present in the global healthcare AI market.

Available customizations:

With the given market data, we offer customizations according to the specific needs of a company. The following customization options are available for the report:

Company Information

• Detailed analysis and profiling of additional market players (maximum five).
Read the full report:

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