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AI in Healthcare Market to Reach $110.61 Billion by 2030
Digital Health Adoption Accelerates Artificial Intelligence Growth in the Medical Sector
Mar. 17, 2026 at 10:22pm
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According to a new report by MarketsandMarkets™, the global Artificial Intelligence (AI) in Healthcare Market is projected to reach USD 110.61 billion by 2030, growing at a CAGR of 38.6% during the forecast period. The market is driven by factors such as the growing need for early detection and diagnosis, exponential growth in data volume and complexity due to surging adoption of digital technologies, and significant cost pressure on healthcare service providers.
Why it matters
The rapid adoption of AI technologies in healthcare is transforming the industry, enabling improved patient outcomes, increased operational efficiencies, and reduced costs. As the healthcare sector continues to digitize, the integration of AI-powered solutions is expected to become increasingly crucial for providers to stay competitive and deliver high-quality, personalized care.
The details
The AI in Healthcare Market is segmented by offering (integrated), function (diagnosis, genomic, precision medicine, radiation, immunotherapy, pharmacy, supply chain), application (clinical), and end-user (hospitals). Key players in the market include Microsoft Corporation, Siemens Healthineers AG, NVIDIA Corporation, Epic Systems Corporation, GE Healthcare, Medtronic, Oracle, Veradigm LLC, and Google.
- The AI in Healthcare Market is projected to reach USD 110.61 billion by 2030.
- The market is expected to grow at a CAGR of 38.6% during the forecast period from 2025 to 2030.
The players
Microsoft Corporation
A multinational technology company that develops and sells computer software, consumer electronics, personal computers, and related services.
Siemens Healthineers AG
A German medical technology company that develops and manufactures diagnostic and therapeutic equipment and software for healthcare providers.
NVIDIA Corporation
An American multinational technology company that develops graphics processing units (GPUs), AI, and other computing technologies.
Epic Systems Corporation
An American healthcare software company that develops electronic medical record (EMR) software for mid-size and large medical groups, hospitals, and integrated healthcare organizations.
GE Healthcare
A subsidiary of General Electric that provides medical imaging, monitoring, biomanufacturing, and cell and gene therapy technologies.
The takeaway
The AI in Healthcare Market is poised for significant growth as the healthcare sector continues to digitize and integrate AI-powered solutions to enhance patient care, improve operational efficiency, and reduce costs. This trend highlights the increasing importance of AI in the future of the healthcare industry.
