HMP Global November 14, 2024
Due to rising demand for health care services, improved computing power, and reduced hardware costs, artificial intelligence (AI) usage is growing significantly in the health care industry. According to a report from MarketsAndMarkets, the AI in health care market is set to grow from $20.9 billion in 2024 to $148.4 billion by 2029, with a compound annual growth rate (CAGR) of 48.1%.
AI has already begun to play an important role in the health care industry for applications such as patient care, diagnostics, risk prediction, precision medicine, and drug discovery. It relies on advanced algorithms and machine learning to aid with these applications in health care. Machine learning, in particular, has made advances in the health care community by enhancing...