Artificial Intelligence in Healthcare Market Size, Share, and Trends 2024 to 2034

The global artificial intelligence (AI) in healthcare market size is calculated at USD 36.96 billion in 2025 and is forecasted to reach around USD 613.81 billion by 2034, accelerating at a CAGR of 36.83% from 2025 to 2034. The North America artificial intelligence (AI) in healthcaremarket size surpassed USD 12.01 billion in 2024 and is expanding at a CAGR of 36.86% during the forecast period. The market sizing and forecasts are revenue-based (USD Million/Billion), with 2024 as the base year.

  • Last Updated : April 2025
  • Report Code : 1616
  • Category : Healthcare

Chapter 1. Introduction

1.1. Research Objective

1.2. Scope of the Study

1.3. Definition

Chapter 2. Research Methodology

2.1. Research Approach

2.2. Data Sources

2.3. Assumptions & Limitations

Chapter 3. Executive Summary

3.1. Market Snapshot

Chapter 4. Market Variables and Scope 

4.1. Introduction

4.2. Market Classification and Scope

4.3. Industry Value Chain Analysis

4.3.1. Raw Material Procurement Analysis 

4.3.2. Sales and Distribution Channel Analysis

4.3.3. Downstream Buyer Analysis

Chapter 5. COVID 19 Impact on Artificial Intelligence (AI) in Healthcare Market 

5.1. COVID-19 Landscape: Artificial Intelligence (AI) in Healthcare Industry Impact

5.2. COVID 19 - Impact Assessment for the Industry

5.3. COVID 19 Impact: Global Major Government Policy

5.4. Market Trends and Opportunities in the COVID-19 Landscape

6.1. Market Dynamics

6.1.1. Market Drivers

6.1.2. Market Restraints

6.1.3. Market Opportunities

6.2. Porter’s Five Forces Analysis

6.2.1. Bargaining power of suppliers

6.2.2. Bargaining power of buyers

6.2.3. Threat of substitute

6.2.4. Threat of new entrants

6.2.5. Degree of competition

Chapter 7. Competitive Landscape

7.1.1. Company Market Share/Positioning Analysis

7.1.2. Key Strategies Adopted by Players

7.1.3. Vendor Landscape

7.1.3.1. List of Suppliers

7.1.3.2. List of Buyers

Chapter 8. Global Artificial Intelligence (AI) in Healthcare Market, By Component

8.1. Artificial Intelligence (AI) in Healthcare Market, by Component Type

8.1.1. Software

8.1.1.1. Market Revenue and Forecast

8.1.2. Hardware

8.1.2.1. Market Revenue and Forecast

8.1.3. Services

8.1.3.1. Market Revenue and Forecast

Chapter 9. Global Artificial Intelligence (AI) in Healthcare Market, By Application

9.1. Artificial Intelligence (AI) in Healthcare Market, by Application

9.1.1. Virtual Assistants

9.1.1.1. Market Revenue and Forecast

9.1.2. Diagnosis

9.1.2.1. Market Revenue and Forecast

9.1.3. Robot Assisted Surgery

9.1.3.1. Market Revenue and Forecast

9.1.4. Clinical Trials

9.1.4.1. Market Revenue and Forecast

9.1.5. Wearables

9.1.5.1. Market Revenue and Forecast

9.1.6. Administrative Workflow Assistants

9.1.6.1. Market Revenue and Forecast

9.1.7. Cybersecurity

9.1.7.1. Market Revenue and Forecast

9.1.8. Dosage Error Reduction

9.1.8.1. Market Revenue and Forecast

9.1.9. Fraud Detection

9.1.9.1. Market Revenue and Forecast

9.1.10. Connected Machines

9.1.10.1. Market Revenue and Forecast

Chapter 10. Global Artificial Intelligence (AI) in Healthcare Market, By Technology Type 

10.1. Artificial Intelligence (AI) in Healthcare Market, by Technology Type

10.1.1. Machine Learning

10.1.1.1. Market Revenue and Forecast

10.1.2. Natural Language Processing

10.1.2.1. Market Revenue and Forecast

10.1.3. Context-aware Computing

10.1.3.1. Market Revenue and Forecast

10.1.4. Computer Vision

10.1.4.1. Market Revenue and Forecast

Chapter 11. Global Artificial Intelligence (AI) in Healthcare Market, By End User Type 

11.1. Artificial Intelligence (AI) in Healthcare Market, by End User Type

11.1.1. Hospital & Healthcare Providers

11.1.1.1. Market Revenue and Forecast

11.1.2. Patients

11.1.2.1. Market Revenue and Forecast

11.1.3. Pharmaceuticals & Biotechnology Companies

11.1.3.1. Market Revenue and Forecast

11.1.4. Healthcare Payers

Chapter 12. Global Artificial Intelligence (AI) in Healthcare Market, Regional Estimates and Trend Forecast

12.1. North America

12.1.1. Market Revenue and Forecast, by Component

12.1.2. Market Revenue and Forecast, by Application

12.1.3. Market Revenue and Forecast, by Technology Type

12.1.4. Market Revenue and Forecast, by End User Type

12.1.5. U.S.

12.1.5.1. Market Revenue and Forecast, by Component

12.1.5.2. Market Revenue and Forecast, by Application

12.1.5.3. Market Revenue and Forecast, by Technology Type

12.1.5.4. Market Revenue and Forecast, by End User Type

12.1.6. Rest of North America

12.1.6.1. Market Revenue and Forecast, by Component

12.1.6.2. Market Revenue and Forecast, by Application

12.1.6.3. Market Revenue and Forecast, by Technology Type

12.1.6.4. Market Revenue and Forecast, by End User Type

12.2. Europe

12.2.1. Market Revenue and Forecast, by Component

12.2.2. Market Revenue and Forecast, by Application

12.2.3. Market Revenue and Forecast, by Technology Type

12.2.4. Market Revenue and Forecast, by End User Type

12.2.5. UK

12.2.5.1. Market Revenue and Forecast, by Component

12.2.5.2. Market Revenue and Forecast, by Application

12.2.5.3. Market Revenue and Forecast, by Technology Type

12.2.5.4. Market Revenue and Forecast, by End User Type

12.2.6. Germany

12.2.6.1. Market Revenue and Forecast, by Component

12.2.6.2. Market Revenue and Forecast, by Application

12.2.6.3. Market Revenue and Forecast, by Technology Type

12.2.6.4. Market Revenue and Forecast, by End User Type

12.2.7. France

12.2.7.1. Market Revenue and Forecast, by Component

12.2.7.2. Market Revenue and Forecast, by Application

12.2.7.3. Market Revenue and Forecast, by Technology Type

12.2.7.4. Market Revenue and Forecast, by End User Type

12.2.8. Rest of Europe

12.2.8.1. Market Revenue and Forecast, by Component

12.2.8.2. Market Revenue and Forecast, by Application

12.2.8.3. Market Revenue and Forecast, by Technology Type

12.2.8.4. Market Revenue and Forecast, by End User Type

12.3. APAC

12.3.1. Market Revenue and Forecast, by Component

12.3.2. Market Revenue and Forecast, by Application

12.3.3. Market Revenue and Forecast, by Technology Type

12.3.4. Market Revenue and Forecast, by End User Type

12.3.5. India

12.3.5.1. Market Revenue and Forecast, by Component

12.3.5.2. Market Revenue and Forecast, by Application

12.3.5.3. Market Revenue and Forecast, by Technology Type

12.3.5.4. Market Revenue and Forecast, by End User Type

12.3.6. China

12.3.6.1. Market Revenue and Forecast, by Component

12.3.6.2. Market Revenue and Forecast, by Application

12.3.6.3. Market Revenue and Forecast, by Technology Type

12.3.6.4. Market Revenue and Forecast, by End User Type

12.3.7. Japan

12.3.7.1. Market Revenue and Forecast, by Component

12.3.7.2. Market Revenue and Forecast, by Application

12.3.7.3. Market Revenue and Forecast, by Technology Type

12.3.7.4. Market Revenue and Forecast, by End User Type

12.3.8. Rest of APAC

12.3.8.1. Market Revenue and Forecast, by Component

12.3.8.2. Market Revenue and Forecast, by Application

12.3.8.3. Market Revenue and Forecast, by Technology Type

12.3.8.4. Market Revenue and Forecast, by End User Type

12.4. MEA

12.4.1. Market Revenue and Forecast, by Component

12.4.2. Market Revenue and Forecast, by Application

12.4.3. Market Revenue and Forecast, by Technology Type

12.4.4. Market Revenue and Forecast, by End User Type

12.4.5. GCC

12.4.5.1. Market Revenue and Forecast, by Component

12.4.5.2. Market Revenue and Forecast, by Application

12.4.5.3. Market Revenue and Forecast, by Technology Type

12.4.5.4. Market Revenue and Forecast, by End User Type

12.4.6. North Africa

12.4.6.1. Market Revenue and Forecast, by Component

12.4.6.2. Market Revenue and Forecast, by Application

12.4.6.3. Market Revenue and Forecast, by Technology Type

12.4.6.4. Market Revenue and Forecast, by End User Type

12.4.7. South Africa

12.4.7.1. Market Revenue and Forecast, by Component

12.4.7.2. Market Revenue and Forecast, by Application

12.4.7.3. Market Revenue and Forecast, by Technology Type

12.4.7.4. Market Revenue and Forecast, by End User Type

12.4.8. Rest of MEA

12.4.8.1. Market Revenue and Forecast, by Component

12.4.8.2. Market Revenue and Forecast, by Application

12.4.8.3. Market Revenue and Forecast, by Technology Type

12.4.8.4. Market Revenue and Forecast, by End User Type

12.5. Latin America

12.5.1. Market Revenue and Forecast, by Component

12.5.2. Market Revenue and Forecast, by Application

12.5.3. Market Revenue and Forecast, by Technology Type

12.5.4. Market Revenue and Forecast, by End User Type

12.5.5. Brazil

12.5.5.1. Market Revenue and Forecast, by Component

12.5.5.2. Market Revenue and Forecast, by Application

12.5.5.3. Market Revenue and Forecast, by Technology Type

12.5.5.4. Market Revenue and Forecast, by End User Type

12.5.6. Rest of LATAM

12.5.6.1. Market Revenue and Forecast, by Component

12.5.6.2. Market Revenue and Forecast, by Application

12.5.6.3. Market Revenue and Forecast, by Technology Type

12.5.6.4. Market Revenue and Forecast, by End User Type

Chapter 13. Company Profiles

13.1. Intel

13.1.1. Company Overview

13.1.2. Product Offerings

13.1.3. Financial Performance

13.1.4. Recent Initiatives

13.2. Koninklijke Philips

13.2.1. Company Overview

13.2.2. Product Offerings

13.2.3. Financial Performance

13.2.4. Recent Initiatives

13.3. Microsoft

13.3.1. Company Overview

13.3.2. Product Offerings

13.3.3. Financial Performance

13.3.4. Recent Initiatives

13.4. IBM

13.4.1. Company Overview

13.4.2. Product Offerings

13.4.3. Financial Performance

13.4.4. Recent Initiatives

13.5. Siemens Healthineers

13.5.1. Company Overview

13.5.2. Product Offerings

13.5.3. Financial Performance

13.5.4. Recent Initiatives

13.6. Nvidia

13.6.1. Company Overview

13.6.2. Product Offerings

13.6.3. Financial Performance

13.6.4. Recent Initiatives

13.7. Google

13.7.1. Company Overview

13.7.2. Product Offerings

13.7.3. Financial Performance

13.7.4. Recent Initiatives

13.8. General Electric Company

13.8.1. Company Overview

13.8.2. Product Offerings

13.8.3. Financial Performance

13.8.4. Recent Initiatives

13.9. Medtronic

13.9.1. Company Overview

13.9.2. Product Offerings

13.9.3. Financial Performance

13.9.4. Recent Initiatives

13.10. Micron Technology

13.10.1. Company Overview

13.10.2. Product Offerings

13.10.3. Financial Performance

13.10.4. Recent Initiatives

13.11. Amazon Web Services

13.11.1. Company Overview

13.11.2. Product Offerings

13.11.3. Financial Performance

13.11.4. Recent Initiatives

Chapter 14. Research Methodology

14.1. Primary Research

14.2. Secondary Research

14.3. Assumptions

Chapter 15. Appendix

15.1. About Us

15.2. Glossary of Terms

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Frequently Asked Questions

According to Precedence Research, the global artificial intelligence in healthcare market size was reached at USD 26.69 billion in 2024 and it is anticipated to rake USD 613.81 billion by 2034

The global artificial intelligence in healthcare market is expected to grow at a CAGR of 36.83% over the forecast period 2025 to 2034.

The major players operating in the artificial intelligence in healthcare market are Intel, Koninklijke Philips, Microsoft, IBM, Siemens Healthineers, Nvidia, Google, General Electric Company, Medtronic, Micron Technology, Amazon Web Services, Johnson & Johnson, General Vision, CloudmedX, Oncora Medical, Enlitic, and Lunit.

The rising volume of patient admissions owing to the increasing prevalence of various chronic diseases and rapidly growing geriatric population across the globe is fueling the growth of the AI in healthcare market.

North America dominated the artificial intelligence in healthcare market in 2023 and will lead the market over the forecast period.

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