AI in Healthcare - Thematic Intelligence

AI in Healthcare - Thematic Intelligence Summary Artificial intelligence (AI) is a fast-growing industry. GlobalData expects every segment of the AI market to grow over the next decade. According to GlobalData forecasts, the AI market was worth $103 billion in 2023. By 2030, it will have grown at a compound annual growth rate (CAGR) of 39% to over $1 trillion. Demand for AI consulting and support services and conversational platforms will drive market growth, bolstered by the adoption and increased interest in generative AI (GenAI). AI is an essential technology for healthcare companies. In the pharma and medical devices industry, AI rapidly accelerates drug discovery and manufacturing and enables supply chain efficiencies. For healthcare payors and providers, AI tackles staff and skill shortages and increases administrative efficiency. Scope - Triple digit growth expected by 2030 - AI has the potential to transform patient experiences - Data privacy concerns could hinder the growth of AI Reasons to Buy - Understand how AI is impacting the healthcare industry. - Identify the specific aspects of AI that are growing within healthcare, pharma, and medical devices. - Understand what factors could hinder AI growth in healthcare.