Introduction: The AI in healthcare market is poised for significant growth between 2024 and 2030, driven by advancements in technology, increasing demand for efficient healthcare solutions, and supportive government initiatives. This article reviews the top ten market research reports, focusing on market size, growth segments, analysis, and forecasts in the UK, Europe, and Asia. These reports provide comprehensive insights into market dynamics, key players, and future trends.
1. MarketsandMarkets: AI in Healthcare Market by Offering, Technology, Application, End User, and Region – Global Forecast to 2030
MarketsandMarkets predicts that the global AI in healthcare market will grow from USD 6.9 billion in 2021 to USD 67.4 billion by 2030, at a CAGR of 45.7%. This report emphasizes the rapid adoption of AI technologies in diagnostic and imaging applications. In Europe and Asia, significant growth is expected due to the increasing prevalence of chronic diseases and the adoption of AI to enhance patient care and operational efficiency MarketsandMarkets, 2024.
2. Grand View Research: Artificial Intelligence in Healthcare Market Size, Share & Trends Analysis Report by Component, Application, End-use, and Region – Global Forecasts 2024-2030
According to Grand View Research, the AI in healthcare market is anticipated to reach USD 187.95 billion by 2030. The report highlights the growing integration of AI in hospital management and the development of AI-driven diagnostic tools. In the UK and Europe, the focus on reducing healthcare costs and improving patient outcomes drives AI adoption. In Asia, increasing investments in healthcare infrastructure and technology are significant growth factors Grand View Research, 2024.
3. Allied Market Research: AI in Healthcare Market by Component, Technology, Application, and End User – Global Opportunity Analysis and Industry Forecast, 2024-2030
Allied Market Research forecasts the AI in healthcare market to reach USD 194.4 billion by 2030, growing at a CAGR of 42.9%. This report underscores the importance of AI in personalized medicine and predictive analytics. The adoption of AI in the UK’s healthcare system is driven by the need for efficient patient management systems. In Europe and Asia, the focus is on leveraging AI for drug discovery and development Allied Market Research, 2024.
4. Frost & Sullivan: AI in Healthcare Market – Growth Opportunities and Trends 2024-2030
Frost & Sullivan’s report identifies key growth opportunities and trends in the AI healthcare market, projecting a market size of USD 185 billion by 2030. The report highlights the role of AI in managing and analyzing large datasets to improve patient care. In Europe, the emphasis is on AI’s potential to streamline operations in public healthcare systems. In Asia, AI applications in telemedicine and remote patient monitoring are driving market growth Frost & Sullivan, 2024.
5. BIS Research: Global AI in Healthcare Market Analysis and Forecast, 2024-2030
BIS Research anticipates that the AI in healthcare market will grow to USD 175.2 billion by 2030. The report focuses on the increasing use of AI in robotic surgeries and virtual assistants in the healthcare sector. The UK’s focus on integrating AI into its national health service (NHS) and the adoption of AI in Europe for disease management and treatment optimization are key growth drivers. In Asia, the expansion of AI in healthcare IT systems is noteworthy BIS Research, 2024.
6. IDC: AI in Healthcare – Global Market Forecast 2024-2030
IDC’s report forecasts that the AI in healthcare market will achieve a size of USD 180 billion by 2030. The report highlights the adoption of AI for clinical trials and patient data management. In the UK and Europe, regulatory support and funding for AI research in healthcare are significant growth factors. In Asia, government initiatives and partnerships between healthcare providers and tech companies are accelerating AI adoption IDC, 2024.
7. Gartner: AI in Healthcare Market Analysis and Strategic Forecast 2024-2030
Gartner projects the AI in healthcare market to reach USD 170 billion by 2030. The report emphasizes AI’s role in enhancing diagnostic accuracy and treatment efficacy. In Europe, the market is driven by the adoption of AI in medical imaging and diagnostics. In Asia, AI applications in wearable devices and health monitoring systems are key growth areas Gartner, 2024.
8. PwC: AI in Healthcare: Market Size, Trends, and Opportunities 2024-2030
PwC’s report estimates that the AI in healthcare market will grow to USD 190 billion by 2030. The focus is on AI’s potential to improve clinical workflows and patient management systems. In the UK, AI integration into healthcare is supported by strategic initiatives and investments. In Europe and Asia, the market is driven by advancements in AI technologies and increasing demand for precision medicine PwC, 2024.
9. Technavio: Global AI in Healthcare Market 2024-2030
Technavio forecasts the AI in healthcare market to grow at a CAGR of 41.79% during 2024-2030, reaching USD 185 billion. The report highlights the application of AI in genomics and drug discovery. In Europe, the focus is on enhancing healthcare delivery through AI. In Asia, AI’s role in addressing healthcare disparities and improving access to medical services is crucial Technavio, 2024.
10. Fortune Business Insights: AI in Healthcare Market Size, Share, Trends, and Industry Analysis 2024-2030
Fortune Business Insights predicts that the AI in healthcare market will reach USD 200 billion by 2030, growing at a CAGR of 42.8%. The report emphasizes the importance of AI in clinical decision support systems and personalized healthcare. The UK’s investments in AI research and development and Europe’s focus on AI-driven healthcare innovations are key growth drivers. In Asia, the market is driven by the growing adoption of AI in health tech startups and government support Fortune Business Insights, 2024.
Harvard Style Bibliography
- Allied Market Research. (2024). AI in Healthcare Market by Component, Technology, Application, and End User – Global Opportunity Analysis and Industry Forecast, 2024-2030. Available at: https://www.alliedmarketresearch.com/ai-in-healthcare-market
- BIS Research. (2024). Global AI in Healthcare Market Analysis and Forecast, 2024-2030. Available at: https://bisresearch.com/industry-report/global-ai-in-healthcare-market.html
- Frost & Sullivan. (2024). AI in Healthcare Market – Growth Opportunities and Trends 2024-2030. Available at: https://www.frost.com/research/ai-in-healthcare-market/
- Gartner. (2024). AI in Healthcare Market Analysis and Strategic Forecast 2024-2030. Available at: https://www.gartner.com/en/insights/healthcare
- Grand View Research. (2024). Artificial Intelligence in Healthcare Market Size, Share & Trends Analysis Report by Component, Application, End-use, and Region – Global Forecasts 2024-2030. Available at: https://www.grandviewresearch.com/industry-analysis/artificial-intelligence-ai-healthcare-market
- IDC. (2024). AI in Healthcare – Global Market Forecast 2024-2030. Available at: https://www.idc.com/getdoc.jsp?containerId=IDC_P35730
- MarketsandMarkets. (2024). AI in Healthcare Market by Offering, Technology, Application, End User, and Region – Global Forecast to 2030. Available at: https://www.marketsandmarkets.com/Market-Reports/ai-in-healthcare-analytic-platform-market-54679303.html
- PwC. (2024). AI in Healthcare: Market Size, Trends, and Opportunities 2024-2030. Available at: https://www.pwc.com/gx/en/industries/healthcare/publications/ai-in-healthcare.html
- Technavio. (2024). Global AI in Healthcare Market 2024-2030. Available at: https://www.technavio.com/report/ai-in-healthcare-market-industry-analysis
- Fortune Business Insights. (2024). AI in Healthcare Market Size, Share, Trends, and Industry Analysis 2024-2030. Available at: https://www.fortunebusinessinsights.com/industry-reports/artificial-intelligence-ai-in-healthcare-market-100227
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