Artificial Intelligence in Medicine Industry Analysis:the global market size is projected to reach USD 127.54 billion by 2029

Artificial intelligence (AI) is technology patterned after the brain’s neural network sand uses multiple layers of information – including algorithms, pattern matching, rules, deep learning and cognitive computing – to learn how to understand data.

Medicine artificial intelligence (AI) mainly uses computer techniques to perform clinical diagnoses and suggest treatments. AI has the capability of detecting meaningful relationships in a data set and has been widely used in many clinical situations to diagnose, treat, and predict the results.

According to the new market research report “Artificial Intelligence in Medicine - Global Market Share and Ranking, Overall Sales and Demand Forecast 2024-2030”, published by QYResearch, the global Artificial Intelligence in Medicine market size is projected to reach USD 127.54 billion by 2029, at a CAGR of 35.5% during the forecast period.

• Global Artificial Intelligence in Medicine MarketSize(US$ Million), 2018-2029

Source: QYResearch, "Artificial Intelligence in Medicine - Global Market Share and Ranking, Overall Sales and Demand Forecast 2024-2030”

• Global Artificial Intelligence in Medicine Top10Players Ranking and Market Share (Ranking is based on the revenue of 2023, continually updated)

Source: QYResearch, "Artificial Intelligence in Medicine - Global Market Share and Ranking, Overall Sales and Demand Forecast 2024-2030”

This report profiles key players of Artificial Intelligence in Medicine such as IBM, Intel, NVIDIA, Google Health, Siemens Healthineers, Microsoft, AWS, SAP, Medtronic, Atomwise, etc.

In 2023, the global top 10 Artificial Intelligence in Medicine players account for 30% of market share in terms of revenue. Above figure shows the key players ranked by revenue in Artificial Intelligence in Medicine.

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