Forbes March 21, 2025
There is no denying the hype surrounding AI. It is reinventing patient care, changing industries and has the potential to make our organizations faster, smarter and more effective. AI has enormous potential in the medical field and life sciences, from forecasting patient outcomes to streamlining clinical trials.
Grand View Research shows that the global AI in healthcare market generated $22.44 billion in 2023 and is projected to increase at a compound annual growth rate (CAGR) of 37.5% from 2024 to 2030, reaching a whopping amount of $208.2 billion. The growing need for improved accuracy, efficiency and patient outcomes is driving this expansion.
But for many organizations, there’s a frustrating gap between potential and reality. You have heard about AI’s power,...