AI In Healthcare Statistics 2023 By Market Share, Users and Companies

Introduction

AI in Healthcare Statistics: AI in healthcare has been a hot topic for the past few years, and the report says that the industry is expected to reach $187.95 billion by the end of 2030. The fact of this platform in 2023 suggests a huge boom in the market size worldwide, with a compound annual increase rate (CAGR) of 40.1% from 2023 to 2030. The worldwide Artificial intelligence in the healthcare marketplace length changed into worth $20.65 billion in 2023 which has increased from last year. These AI in Healthcare Statistics include insights from various aspects and sources that will provide effective light on the importance of AI in the healthcare industry around the world in recent times.

In 2023, the Market share records the gradual adoption of AI which is advancing the sector, and has been observed that 85% of organizations have already implemented AI. Additionally, 1/2 of the executives claimed that AI is indicating a tremendous shift inside and outside the industry. Aid of AI-based healthcare companies used solutions like telemedicine and remote tools and sensors backed by means of large information that can reduce healthcare charges improve access, and promote better outcomes, and performance.

Key Takeaways

• According to AI in Healthcare Statistics, the platform when implemented Artificial Intelligence has experienced a huge increase, with a CAGR of 40.1% from 2023 to 2030 and a global market size expected to attain $187.95 billion by 2030.
• Around the world, approximately 40% of healthcare industries are regularly using AI and Machine Language in the sector.
• In 2023, Healthcare executives are increasingly adopting AI in their techniques, and nearly 1/2 of the executives surveyed are already using it.
• This is being adopted globally, with answers like telemedicine and faraway tools and sensors backed through huge information that could lessen healthcare charges and equitably improve admission to, results, and performance.

AI in Healthcare Statistics

(Reference: statista.com)

Artificial intelligence in the sector of healthcare has ended up a hastily growing market in recent years. According to Statista, the worldwide healthcare market length is expected to reach $187.95 billion by 2030, with projections reaching $20.65 billion in 2023. In the coming year, the expected market size of this sector is followed by 2024 ($28.24 billion), 2025 ($38.66 billion), 2026 ($52.97 billion), 2027 ($72.62 billion), 2028 ($99.63 billion), and 2030 ($187.95 billion). The adoption of AI technologies in the healthcare region is predicted to enhance affected person effects, reduce scientific errors, and decorate general first-rate care.

A healthcare provider uses AI to enhance affected person consequences, reduce scientific errors, and enhance the general first-class treatment facilities. A patient use AI to screen their health, track their medicines, and get entry to clinical records, allowing for analyzing massive datasets and promoting awareness of new treatments and cures.

In the end, the AI-based healthcare sector is anticipated to grow rapidly in the coming years. The adoption of AI technologies within the healthcare region is predicted to improve patient conditions, reduce medical mistakes, and enhance the overall treatment process.

AI in Healthcare Statistics by Trends

According to the reports of Gartner, almost half of the United States healthcare companies are currently planning to install RPA in 2023. It has also been predicted that the market size of the industry is expected to grow by $6.2 billion by the end of 2030 with 26.01% of CAGR.

According to the survey of MarketAndMarkets, pharmaceutical experts have adopted that AI is mostly used in the department of drug recovery. By the end of 2027, it is predicted that the market size of AI in drug discovery is expected to be $4 billion with a 45.7% CAGR.

After the pandemic, virtual healthcare facility has turned out as a great option. Thus, now doctors are using Emotion AI for online consultation through apps for diagnosing various mental disorders.

According to survey reports in 2023, many healthcare IT solution providers believe that the adoption of AI has driven out the treatment levels and each year around 80Mb of imaging and EMR data will be generated with a CAGR of 36% by 2025.

By User Demographics

(Source: pewresearch.org)

According to Statista, AI in the sector healthcare is predicted to grow swiftly in the coming years, with a CAGR of 40.1% from 2023 to 2030. As the use of AI in this sector becomes greater, it’s far more important to recognize the demographics of the users who are involved in this platform.

As of reports, 38% of U.S. adults have claimed that the use of AI in healthcare has improved patient outcomes, of which 45% are men and 30% are female.

Most benefited or satisfied by AI in healthcare industries belong to the age groups of 18 to 29 years (44%), 30 to 49 years (39%), 50 to 64 years (33%), and above 65 years (34%).

Statistics by ethnicity those were benefited from AI in the sectors of healthcare are followed by white (37%), black (35%), and Hispanic (40%).

On the other hand, education-wise statistics of AI in the healthcare industry are mostly preferred by Post graduates (50%), others are followed by College graduates (42%), college students (35%), HS or less (31%).

According to a record through HealthTech Magazine, AI tools consist of different types of language for easy AI usage that will make the industry more considerable in healthcare settings in the coming years. This equipment can assist healthcare specialists in controlling affected persons’ information more effectively and offer more personalized care for patients.

Overall, the demographics of AI in healthcare users are in all likelihood to be various, inclusive of older adults, healthcare experts, and patients themselves. As the usage of AI has become extra widespread, it will be critical to keep monitoring the demographics of users to make sure that those tools are available and powerful for all who need them.

AI in Healthcare Statistics by Country and Region Wise

(Source: researchnester.com)

• North America 2023 – North America is a main place in the implementation of Artificial Intelligence (AI) in healthcare. According to Graphical Research, the North American marketplace size surpassed USD 187.95 billion in 2030 and is predicted to witness over 37% CAGR from 2023 to 2030. The region is expected to dominate the global healthcare market based on AI because of the presence of advanced healthcare infrastructure, excessive adoption of AI generation, and growing demand for personalized remedies.
• United States – The United States is one of the main international locations in the adoption of AI in the sector of healthcare with 55% in the 2nd quarter of 2023. The United States has a nicely installed healthcare infrastructure, and the government is investing closely in AI generation. According to Statista, in 2023, the U.S. has become the main State of AI healthcare patent packages, with over 2,500 applications filed.
• Canada – Canada is likewise a leading United States of America in the adoption of AI in healthcare. The country has a well-installed healthcare device and a strong studies network. According to Grand View Research, the Canadian AI-based healthcare market size is predicted to make bigger at a CAGR of 43.1% from 2023 to 2028.
• Mexico – Mexico is a developing country in the adoption of AI in healthcare. According to Graphical Research, the Mexican healthcare AI-based market size is predicted to enlarge at a CAGR of 43.2% using the end of 2027. The use of AI in Mexican healthcare is centered on enhancing affected person consequences and lowering healthcare fees. The technology is being utilized in diverse regions, along with scientific imaging, drug discovery, and patient monitoring.
• Europe 2023 – Europe is one of the main areas in the global in terms of AI adoption in healthcare. According to a report by means of Allied Market Research, the European AI-based healthcare sector is anticipated to attain $5.81 billion by means of 2023. The marketplace is driven by the growing demand for AI-primarily based healthcare answers, the developing want to reduce healthcare costs, and the rising incidence of persistent illnesses.
• Asia Pacific 2023 – Artificial intelligence (AI) is revolutionizing healthcare inside the Asia Pacific vicinity. By 2023, the AI-based healthcare marketplace in Asia Pacific is expected to reach USD 5.5 billion, growing at a CAGR of 50.2% from 2018 to 2023. The increasing calls for excellent healthcare, rising healthcare expenses, and the want to lessen medical errors are using the increase of this sector in the place.
• China – China is the largest marketplace for AI in the region of healthcare within the Asia Pacific region with a 15% share in 2023. The market is making an investment in AI research and development, and the government has set an intention to grow to be an international leader in AI by 2030. In the healthcare sector, AI is being used for medical imaging, drug discovery, and sickness diagnosis. In 2023, the marketplace in China is predicted to attain USD 2.4billion.
• Japan – Japan is another principal marketplace for the healthcare sector with AI holding 3% share in 2023. AI is being utilized in Japan for disease diagnosis, drug discovery, and personalized medicine. In 2023, the AI-based healthcare market is expected to attain USD 1.2 billion.
• India – AI is being utilized in Indian healthcare sectors for analyzing sickness prognosis, drug discovery, and telemedicine. In 2023, the market is predicted to reach USD 1.1 billion.
• South Korea – AI is being utilized in South Korean healthcare for scientific imaging, sickness diagnosis, and drug discovery. In 2023, the market in South Korea is predicted to attain USD 500 million.
• Australia – AI is being used in Australian healthcare for medical imaging, sickness prognosis, and customized medicine. In 2023, the marketplace in Australia is anticipated to reach USD 300 million.
• Middle East and Africa 2023 – The Middle East and Africa (MEA) region is anticipated to see a giant boom in the adoption of synthetic intelligence (AI) in healthcare by 2023. The location’s healthcare market is projected to develop at a compound annual boom fee (CAGR) of 8.3% and achieve a price of $535.7 billion by 2025. AI is predicted to play a vital function in this boom, helping healthcare carriers to enhance patient consequences, lessen costs, and boost performance.
• South Africa – South Africa is one of the leading countries within the MEA region in the adoption of AI in healthcare. The U.S.’s healthcare gadget faces sizable demanding situations, together with a scarcity of healthcare experts, restrained assets, and a high disease burden. AI is predicted to help deal with those challenges by using improving analysis, remedy, and affected person outcomes.
• According to a document by way of Mordor Intelligence, AI within the healthcare marketplace in South Africa is anticipated to grow at a CAGR of 43.3% between 2020 and 2025. The document cites the growing adoption of digital health facts (EHRs) and the growing want for personalized remedies as key drivers of this growth.
• South America 2023 – South America is a vicinity that has been experiencing a giant boom in the adoption of artificial intelligence (AI) in healthcare. The implementation of AI technologies has been driven by the need to enhance patient outcomes, lessen expenses, and grow performance in healthcare shipping.
• Brazil – Brazil is the most important country in South America and has a good-sized healthcare system. The USA has been investing in AI technology to enhance healthcare shipping and affected person results. In 2023, it miles expected that the AI-based healthcare market share in Brazil will attain $2.3 billion, growing at a CAGR of 40.5% by the end of 2023.
• Argentina – Argentina has a well-hooked-up healthcare gadget that has been adopting AI technology to enhance patient effects. In 2023, the healthcare market with AI in Argentina is expected to reach $1.1 billion, developing at a CAGR of 38.2% by the year 2023. The increase is attributed to the increasing demand for personalized remedies, the want to manipulate big amounts of patient statistics, and the growing prevalence of continual illnesses.
• Chile – Chile has a rapidly growing healthcare system that has been adopting AI technology to improve patient outcomes. In 2023, Chile the AI-healthcare sector is predicted to reach $870 million, developing at a CAGR of 37.8% from 2020 to 2023. The growth is attributed to the growing call for personalized remedies, the need to manipulate large quantities of patient records, and the growing prevalence of persistent illnesses.

Website Traffic Statistics

According to an international survey carried out in 2023, nearly half of the virtual entrepreneurs believed that AI would have a fantastic effect on internet site search traffic. The survey additionally discovered that AI turned into anticipated to revolutionize diverse industries, with an annual growth rate of 37.3% between 2023 and 2030.

Furthermore, the anticipated virtual healthcare marketing spend is projected to account for forty 6% of the overall healthcare marketing spend, consistent with a record by using Zenith Media. This suggests that virtual structures inclusive of Google and Facebook advertisements are likely to receive the maximum of the healthcare marketing finances. The use of AI in the sector of healthcare is expected to grow extensively in the coming years and is probable to grow in the website traffic of healthcare agencies that make use of AI. This growth is driven by way of the growing demand for personalized medicinal drugs, the growing demand for lowering care costs, and the growing datasets of patient fitness-related virtual data.

Overall, the website traffic data propose that AI is anticipated to have a high-quality impact on the healthcare enterprise. As extra healthcare companies adopt AI, it is possible that the website visitors of these organizations will increase as nicely.

(Source: startus-insights.com)

Facts Statistics 2023

• The international AI-based healthcare marketplace size was valued at USD 20.65 billion in 2023 and is predicted to make bigger at a compound annual increase charge (CAGR) of 37.5% from 2023 to 2030. (Grand View Research)
• The AI market is projected to reach an extraordinary $407 billion by 2027
• Artificial intelligence (AI) in the healthcare marketplace length worldwide is predicted to reach USD 61.59 billion using 2027, growing at a CAGR of 43.5% from 2020 to 2027. (Fortune Business Insights)
• In 2023, North America is expected to preserve the biggest proportion of the AI in healthcare market due to the increasing adoption of AI technologies in the healthcare zone, the presence of important gamers within the place, and the developing demand for personalized remedies (Grand View Research)
• The use of AI has been growing in recent years. In 2023, it is expected that 60% of healthcare agencies will have followed AI to improve patient results.
• AI has been demonstrated to be powerful in improving patient effects and reducing healthcare charges. For example, AI-powered chatbots can help patients with mental fitness issues by offering them with 24/7 guide and lowering the want for in-character remedy classes.
• AI can also be used to improve the accuracy of clinical diagnoses. In 2023, it miles predicted that AI could be used to diagnose scientific conditions with an accuracy fee of over 90%. (Forbes)
• One of the largest challenges is ensuring the protection of patient records. In 2023, it is predicted that 80% of healthcare organizations could have applied AI-powered safety systems to shield affected personal data. (HealthTech Magazine)

These AI in Healthcare statistics display that AI is turning into an increasingly essential tool in healthcare. As the era continues to increase, it’s miles possible that we can see even more progressive uses within the coming years.

By Active Users Statistics

(Source: pewresearch.org)

According to a record using Statista, the range of active users of AI in the sector of healthcare is anticipated to increase extensively in 2023. Global marketplace size is projected to attain $45.2 billion in U.S. Greenbacks using 2026. This increase is attributed to the increasing adoption of AI technology in healthcare and the growing call for customized healthcare answers.

The file additionally highlights that North America is presently the largest market for AI in healthcare, observed through Europe. However, the Asia-Pacific vicinity is predicted to witness the best increase in price in the coming years because of the growing investments in healthcare infrastructure and the rising demand for advanced healthcare answers.

In terms of consumer demographics, the record indicates that healthcare carriers and pharmaceutical groups are the most important users of AI in healthcare. These agencies use AI generation for diverse programs including drug discovery, medical trials, and patient tracking.

The use of chatbots and digital assistants for symptom checking and patient engagement is becoming increasingly common and it is expected to amplify in the subsequent 1-3 years.

By Popularity Statistics 2023

(Reference: binariks.com)

As of 2023, popularly used AI-enabled devices in the sectors of health and medicine share are followed by Radiology (75.2%), Cardiovascular (10.9%), Hematology (2.9%), Neurology (2.7%), General and Plastic surgery (1.3%), Clinical Chemistry (1.2%), and Microbiology (1%).

Moreover, according to the survey of Optum, around 85% of healthcare executives trust that AI may have a big impact on the industry through 2023. This shows that the growing reputation of AI-based healthcare sectors among other enterprise those are spotting its capability to transform the arena.

The recognition of AI can also be visible in the growing number of healthcare companies that might be investing in AI technologies. For instance, IBM Watson Health, Google Health, and Microsoft Healthcare are a number of the predominant gamers within the global market. This similarly highlights the growing hobby and recognition of AI in healthcare.

Overall, the popularity of AI in healthcare is on the rise, because it gives numerous advantages together with stepped-forward efficiency, accuracy, and patient outcome. As a result, the adoption of AI technology in the healthcare quarter is expected to keep growing in the coming years.

By Companies

According to the latest survey with the aid of Morgan Stanley Research, 94% of healthcare businesses said they appoint AI/ML in a few potential. The industry’s average anticipated price range allocation to this technology is projected to grow from 6.8% in 2023 to 10.5% in 2024.

Some of the main corporations investing in AI encompass IBM, Google, Microsoft, Amazon, and NVIDIA. IBM’s Watson Health platform makes use of AI to help clinicians make more informed decisions and enhance the outcomes for affected persons. Google’s DeepMind Health is working on the usage of AI to help diagnose and treat diseases consisting as cancer and heart sickness.

Microsoft’s Healthcare next initiative is centered on the usage of AI to improve healthcare outcomes and reduce costs. Amazon’s Comprehend Medical platform uses herbal language processing (NLP) to extract scientific facts from unstructured textual content. NVIDIA’s Clara platform is focused on the usage of AI to boost drug discovery and enhance patient effects.

Other healthcare companies investing in AI consist of GE Healthcare, Philips, Siemens Healthineers, and Medtronic. These companies are growing AI-powered clinical gadgets, software programs, and analytics equipment to improve the consequences for affected persons and decrease charges.

Future Of AI In Healthcare

(Source: byteant.com)

The above graph represents the annual value of AI applications used in healthcare sectors by 2026 followed by Robot-assisted surgery ($40 billion), Virtual nursing assistants ($20 billion), Administrative workflow ($18 billion), Fraud detection ($17 billion), Dosage error reduction ($17 billion), Connected machines ($14 billion), Clinical trial participation ($13 billion), and preliminary diagnosis ($5 billion), Automated image diagnosis ($3billion), and Cyber Security ($2 billion).

The future of AI in the sectors of healthcare appears promising, with enormous growth in the coming years. According to Statista, the global marketplace size is expected to reach $99.63 billion by 2028.

Conclusion

As of now after completing the article on AI in healthcare statistics it can be stated that the market size is expected to be $20.65 billion by the end of 2023. The adoption of AI has also enhanced the market share in healthcare industries within different countries, and businesses. It has also been observed that AI helped in experiencing more awareness, better healthcare performance, accurate analysis of diseases, and maximum recent procedures of interventions.

Barry Elad

Barry is a lover of everything technology. Figuring out how the software works and creating content to shed more light on the value it offers users is his favorite pastime. When not evaluating apps or programs, he's busy trying out new healthy recipes, doing yoga, meditating, or taking nature walks with his little one.

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