Artificial Intelligence in Healthcare

Very exciting to see that, Artificial Intelligence (AI)-based technologies improves patient outcomes, imbalance between health workforce and patients, reducing the healthcare costs, growing importance on precision medicine, cross-industry partnerships.

However, reluctance among medical practitioners to adopt AI-based technologies and ambiguous regulatory guidelines for medical software are the major factors restraining the growth of the Artificial Intelligence (AI)-based technologies in healthcare market. 

According to Research and Markets, the artificial intelligence (AI) in healthcare market was valued at USD 667.1 million in 2016 and is expected to reach USD 7,988.8 million by 2022, at a CAGR of 52.68% between 2017 and 2022.