Artificial Intelligence in Healthcare Industry to Surpass $148.4 Billion by 2029
AI in Healthcare market size was valued at USD 20.9 billion in 2024 and is estimated to reach USD 148.4 billion by 2029 , registering a CAGR of 48.1% during the forecast period. Artificial Intelligence (AI) in Healthcare Market is transforming healthcare at an unprecedented pace. From aiding in disease diagnosis to streamlining administrative tasks, AI’s applications are vast and ever-evolving. Let’s delve into the latest news showcasing the impact of AI in healthcare: Diagnosis and Treatment: AI-powered Cancer Detection: Startups like Paige.AI are developing AI algorithms that analyze medical images with superhuman accuracy, allowing for earlier and more accurate cancer detection. AI for Personalized Medicine: Companies like IBM Watson Health are using AI to analyze patient data and genetic information to create personalized treatment plans, tailoring therapies to individual needs. AI in Mental Health Chatbots: Platforms like Woebot are leveraging AI chatbots to provide 24/7 ...