Product ID: SQMIG35G2090
Report ID:
SQMIG35G2090 |
Region:
Global |
Published Date: February, 2024
Pages:
219
|
Tables:
90 |
Figures:
76
North America dominated the AI in healthcare market in 2021, accounting for the largest revenue share of 58.0%, owing to developments in healthcare IT infrastructure, rising care expenditures, widespread acceptance of AI/ML technologies, favorable government initiatives, lucrative funding choices, and the presence of numerous prominent industry competitors. Also, the market in North America is developing as a result of factors such as an aging population, changing lifestyles, an increase in the prevalence of chronic diseases, a rise in the need for value-based care, and increased awareness of the use of AI-based technologies.
Asia Pacific region is expected to grow at the fastest growth of 40.9% over the forecast period. The rapid advancement of IT infrastructure and business endeavors focusing on AI-based technologies is responsible for this growth rate. Private investors, venture capitalists, and non-profit groups are increasing their investments to better therapeutic outcomes, data analysis and security, and cost reduction. Favorable government measures encouraging and promoting healthcare organizations and care providers to conveniently embrace AI-based technologies are some of the key drivers for the Asia Pacific market growth.
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Product ID: SQMIG35G2090