GITNUX MARKETDATA REPORT 2024

Healthcare AI Industry Statistics

The healthcare AI industry is expected to grow at a CAGR of 41.3% from 2021 to 2028, driven by the increasing adoption of AI technology in various healthcare applications.

With sources from: accenture.com, marketsandmarkets.com, grandviewresearch.com, statista.com and many more

Statistic 1

Global AI in Healthcare Market was valued at US$ 4.89 Bn in 2019, expected to reach an estimated US$ 99.49 Bn by 2027.

Statistic 2

AI in healthcare is expected to save $150 billion annually for the United States by 2026.

Statistic 3

By 2025, the global AI healthcare market is expected to reach more than $28 billion.

Statistic 4

Chatbots in the healthcare industry are expected to save $3.6 billion worldwide by 2022.

Statistic 5

AI could potentially detect diseases such as cancer as much as 30% faster than traditional methods.

Statistic 6

By fall 2020, 9 out of 10 life science companies reported that they had accelerated their investment in AI and digital transformations because of the COVID-19 pandemic.

Statistic 7

The U.S. AI in healthcare market size was valued at USD 1.4 billion in 2020 and is expected to grow at a compound annual growth rate (CAGR) of 44.9% from 2021 to 2028.

Statistic 8

Approximately 39% of healthcare providers say they're fast-tracking rollouts of AI due to the pandemic.

Statistic 9

Nearly one-third of healthcare executives believe AI will be among the technologies to have the biggest impact on healthcare in the next two years.

Statistic 10

The global AI in healthcare market size is projected to grow from USD 4.9 billion in 2020 to USD 45.2 billion by 2026, at a CAGR of 44.5% during the forecast period.

Statistic 11

Radiology and cancer detection are the two areas expected to be most impacted by AI in the next five years.

Statistic 12

38% of healthcare organizations reveal their AI strategies are progressing slowly.

Statistic 13

30% of healthcare costs are expected to be cut over the next 10 years due to AI applications.

Statistic 14

Adoption of AI in health diagnosis processes is expected to save $8 billion globally by 2022.

Statistic 15

The market for AI systems in drug discovery is expected to reach $1.26 Billion by 2024.

Statistic 16

20% of healthcare organizations plan to begin implementing AI in the next 24 months.

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In this post, we explore the significant impact of artificial intelligence (AI) in the healthcare industry, backed by compelling statistics. From the exponential growth of the global AI in Healthcare Market to the substantial cost savings and accelerated technological advancements witnessed in response to the COVID-19 pandemic, the integration of AI is revolutionizing healthcare practices worldwide. Join us as we delve into the transformative potential of AI in reshaping the future of healthcare delivery and patient outcomes.

Statistic 1

"Global AI in Healthcare Market was valued at US$ 4.89 Bn in 2019, expected to reach an estimated US$ 99.49 Bn by 2027."

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Statistic 2

"AI in healthcare is expected to save $150 billion annually for the United States by 2026."

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Statistic 3

"By 2025, the global AI healthcare market is expected to reach more than $28 billion."

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Statistic 4

"Chatbots in the healthcare industry are expected to save $3.6 billion worldwide by 2022."

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Statistic 5

"AI could potentially detect diseases such as cancer as much as 30% faster than traditional methods."

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Statistic 6

"By fall 2020, 9 out of 10 life science companies reported that they had accelerated their investment in AI and digital transformations because of the COVID-19 pandemic."

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Statistic 7

"The U.S. AI in healthcare market size was valued at USD 1.4 billion in 2020 and is expected to grow at a compound annual growth rate (CAGR) of 44.9% from 2021 to 2028."

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Statistic 8

"Approximately 39% of healthcare providers say they're fast-tracking rollouts of AI due to the pandemic."

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Statistic 9

"Nearly one-third of healthcare executives believe AI will be among the technologies to have the biggest impact on healthcare in the next two years."

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Statistic 10

"The global AI in healthcare market size is projected to grow from USD 4.9 billion in 2020 to USD 45.2 billion by 2026, at a CAGR of 44.5% during the forecast period."

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Statistic 11

"Radiology and cancer detection are the two areas expected to be most impacted by AI in the next five years."

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Statistic 12

"38% of healthcare organizations reveal their AI strategies are progressing slowly."

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Statistic 13

"30% of healthcare costs are expected to be cut over the next 10 years due to AI applications."

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Statistic 14

"Adoption of AI in health diagnosis processes is expected to save $8 billion globally by 2022."

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Statistic 15

"The market for AI systems in drug discovery is expected to reach $1.26 Billion by 2024."

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Statistic 16

"20% of healthcare organizations plan to begin implementing AI in the next 24 months."

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Interpretation

The statistics presented showcase the significant growth and potential impact of AI in the healthcare industry. With substantial monetary savings projected, increased efficiency in disease detection, and accelerated investments by various healthcare organizations, there is a clear trend towards embracing AI technologies to enhance healthcare delivery. As rapid advancements continue and more healthcare providers incorporate AI into their strategies, the industry stands to benefit from improved diagnostics, cost efficiencies, and overall better patient care.

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