AI is projected to contribute up to US$ 15.7 trillion to global GDP by 2030, with significant impact expected in healthcare due to advancements in computing power and big data.
Healthcare industry is poised to gain from US$ 45 billion in annual cost savings by 2025, with increased investments in AI technologies such as machine learning, deep learning, intelligent agents, and neural networks.
Machine learning led the technology segment of AI in healthcare market in 2019, accounting for 39% market share and expected to grow further at a CAGR of 41.2%.
Robotic surgery dominated the AI in healthcare market with a 35% market share in 2019, enabling precise and flexible procedures compared to traditional methods.