The global Healthcare AI and Machine Learning market size is predicted to grow from US$ million in 2025 to US$ million in 2031; it is expected to grow at a CAGR of % from 2025 to 2031.

AI in healthcare is an umbrella term to describe the application of machine learning (ML) algorithms and other cognitive technologies in medical settings. In the simplest sense, AI is when computers and other machines mimic human cognition, and are capable of learning, thinking, and making decisions or taking actions.

According to our research, the global market for medical devices is estimated at US$ 603 billion in the year 2023, and will be growing at a CAGR of 5% during next six years. The global healthcare spending contributes to occupy 10% of the global GDP and is continuously rising in recent years due to the increasing health needs of the aging population, the growing prevalence of chronic and infectious diseases and the expansion of emerging markets. The medical devices market plays a significant role in the healthcare industry. The market is driven by several factors, including the increasing demand for advanced healthcare services globally, advancements in medical technology, growing geriatric population, rising healthcare expenditure, and increasing awareness about early disease diagnosis and treatment.

ReportPrime' newest research report, the “Healthcare AI and Machine Learning Industry Forecast” looks at past sales and reviews total world Healthcare AI and Machine Learning sales in 2024, providing a comprehensive analysis by region and market sector of projected Healthcare AI and Machine Learning sales for 2025 through 2031. With Healthcare AI and Machine Learning sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Healthcare AI and Machine Learning industry.

This Insight Report provides a comprehensive analysis of the global Healthcare AI and Machine Learning landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyses the strategies of leading global companies with a focus on Healthcare AI and Machine Learning portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Healthcare AI and Machine Learning market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Healthcare AI and Machine Learning and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Healthcare AI and Machine Learning.

This report presents a comprehensive overview, market shares, and growth opportunities of Healthcare AI and Machine Learning market by product type, application, key players and key regions and countries.

Segmentation by Type:

• Machine Learning
• Natural Language Processing
• Context–aware Computing
• Computer Vision

Segmentation by Application:

• Hospitals
• Pharmaceuticals
• Patients
• Others

Market by Region:

• Americas
• APAC
• Europe
• Middle East & Africa

Company Coverage:

• Intel
• Koninklijke Philips
• Microsoft
• Siemens Healthineers
• NVIDIA Corporation
• Google
• General Electric
• Medtronic
• Micron Technology
• Amazon Web Services (AWS)
• Johnson & Johnson Services
• Startup Ecosystem
• Merative
• CloudMedx
• Oncora Medical
• Enlitic
• Lunit Inc.
• Qure AI
• Arterys
• COTA Healthcare
• FDNA
• Recursion
• Atomwise
• Virgin Pulse
• Babylon Health

Key Questions Addressed in this Report: