HIT Infrastructure January 29, 2019
Healthcare leaders believe four digital technologies — artificial intelligence, big data analytics, mobile health (mHealth), and wearables — will be game changers this year, according to Frost & Sullivan.
The market research firm predicts that the market for healthcare IT applications using artificial intelligence will reach $1.7 billion by the end of 2019, growing at a robust 68.5 percent of compound annual growth rate (CAGR) through 2022.
“AI-powered IT tools that manage payers’ and providers’ business risks in clinical, operational, financial, and regulatory settings will especially find high uptake,” said Frost & Sullivan Transformational Health Industry Analyst Kamaljit Behera.
Frost & Sullivan expects the healthcare big data analytics market to reach $68 billion by next year as more specialty-specific products...