Artificial Intelligence (AI) in Healthcare Market to Grow at 38.2% CAGR by 2031 | SkyQuest Technology

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Artificial Intelligence (AI) in Healthcare Market to Grow at 38.2% CAGR by 2031 | SkyQuest Technology

The Global Artificial Intelligence in Healthcare Market is set to experience significant growth, with a projected CAGR of 38.2% by 2031, according to SkyQuest Technology. The market size is expected to increase from USD 19.47 billion in 2023 to USD 259.11 billion by 2031. The growth is driven by the rapid digitization of the healthcare industry and advancements in AI technology.

AI solutions are addressing the shortage of skilled medical professionals by automating tasks and optimizing clinical workflows. The market segments include components, algorithms, end users, and regions. Companies are focusing on developing AI software models to enhance disease prediction, medical imaging, and personalized treatment recommendations.

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