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Artificial Intelligence (AI) Market in Healthcare Sector | Push for Digitalization in Healthcare to Boost Growth | Technavio

March 13, 2020 / Business Wire

Technavio has been monitoring the artificial intelligence (AI) market in healthcare sector and it is poised to grow by USD 5.16 bn during 2019-2023, progressing at a CAGR of over 28% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment. The market is concentrated, and the degree of concentration will accelerate during the forecast period. The push for digitalization in healthcare will offer immense growth opportunities. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.