Global Artificial Intelligence in Medicine Market 2023-2029

Global Artificial Intelligence in Medicine Market 2023-2029

The global artificial intelligence in medicine market is expected to increase by USD 41.9 billion, at a compound annual growth rate (CAGR) of 33.06% from 2023 to 2029, according to the latest edition of the Global Artificial Intelligence in Medicine Market Report. One of the main applications of AI in medicine is in diagnostic imaging, where AI algorithms can analyze medical images, such as X-rays, CT scans, and MRI scans, to help identify abnormalities and make diagnoses. AI can also be used to analyze medical records and help identify patients who are at risk of developing certain conditions, such as heart disease or cancer. AI can also be used to help personalize treatment plans for patients, based on their unique medical history and genetic makeup. This can help doctors make more informed decisions about which treatments are likely to be most effective for individual patients. Another application of AI in medicine is in drug discovery and development, where AI algorithms can be used to analyze large amounts of data and identify potential drug candidates more quickly and efficiently than traditional methods.One of the main applications of AI in medicine is in diagnostic imaging, where AI algorithms can analyze medical images, such as X-rays, CT scans, and MRI scans, to help identify abnormalities and make diagnoses. AI can also be used to analyze medical records and help identify patients who are at risk of developing certain conditions, such as heart disease or cancer. AI can also be used to help personalize treatment plans for patients, based on their unique medical history and genetic makeup. This can help doctors make more informed decisions about which treatments are likely to be most effective for individual patients. Another application of AI in medicine is in drug discovery and development, where AI algorithms can be used to analyze large amounts of data and identify potential drug candidates more quickly and efficiently than traditional methods.

The report covers market size and growth, segmentation, regional breakdowns, competitive landscape, trends and strategies for global artificial intelligence in medicine market. It presents a quantitative analysis of the market to enable stakeholders to capitalize on the prevailing market opportunities. The report also identifies top segments for opportunities and strategies based on market trends and leading competitors’ approaches.

This industry report offers market estimates and forecasts of the global market, followed by a detailed analysis of the type, application, and region. The global market for artificial intelligence in medicine can be segmented by type: hardware, software, services. Globally, the software segment made up the largest share of the artificial intelligence in medicine market. Artificial intelligence in medicine market is further segmented by application: medical administration and support, patient management, research and development, others. The medical administration and support segment captured the largest share of the market in 2022. Based on region, the artificial intelligence in medicine market is segmented into: North America, Europe, Asia-Pacific, Rest of the World (RoW). According to the research, North America had the largest share in the global artificial intelligence in medicine market.

Market Segmentation

By type: hardware, software, services

By application: medical administration and support, patient management, research and development, others

By region: North America, Europe, Asia-Pacific, Rest of the World (RoW)

The report also provides a detailed analysis of several leading artificial intelligence in medicine market vendors that include Atomwise Inc., Novo Nordisk A/S, Nano-x Imaging Ltd., Modernizing Medicine Inc., Berg LLC, Medasense Biometrics Limited, Sense.ly Corporation, Aicure LLC, among others. In this report, key players and their strategies are thoroughly analyzed to understand the competitive outlook of the market.



Scope of the Report

• To analyze and forecast the market size of the global artificial intelligence in medicine market.
• To classify and forecast the global artificial intelligence in medicine market based on type, application, region.
• To identify drivers and challenges for the global artificial intelligence in medicine market.
• To examine competitive developments such as mergers & acquisitions, agreements, collaborations and partnerships, etc., in the global artificial intelligence in medicine market.
• To identify and analyze the profile of leading players operating in the global artificial intelligence in medicine market.

• Gain a reliable outlook of the global artificial intelligence in medicine market forecasts from 2023 to 2029 across scenarios.
• Identify growth segments for investment.
• Stay ahead of competitors through company profiles and market data.
• The market estimate for ease of analysis across scenarios in Excel format.
• Strategy consulting and research support for three months.
• Print authentication provided for the single-user license.