Europe Ai In Healthcare Market Size & Outlook, 2023-2030
Europe ai in healthcare market, 2016-2030 (US$M)
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Europe ai in healthcare market highlights
- The Europe ai in healthcare market generated a revenue of USD 4,280.4 million in 2023.
- The market is expected to grow at a CAGR of 37.3% from 2024 to 2030.
- In terms of segment, software solutions was the largest revenue generating component in 2023.
- Software Solutions is the most lucrative component segment registering the fastest growth during the forecast period.
- Country-wise, France is expected to register the highest CAGR from 2024 to 2030.
Europe data book summary
| Market revenue in 2023 | USD 4,280.4 million |
| Market revenue in 2030 | USD 39,275.5 million |
| Growth rate | 37.3% (CAGR from 2023 to 2030) |
| Largest segment | Software solutions |
| Fastest growing segment | Software Solutions |
| Historical data covered | 2016 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Hardware, Services, Software Solutions |
| Key market players worldwide | Microsoft Corp, International Business Machines Corp, Alphabet Inc Class A, NVIDIA Corp, Intel Corp, GE Aerospace, Medtronic PLC, Oracle Corp, Medidata, Merck KGaA, IQVIA Holdings Inc, Itrex Group |
Other key industry trends
- In terms of revenue, Europe region accounted for 19.1% of the global ai in healthcare market in 2023.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 50,917.1 million by 2030.
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AI In Healthcare Market Scope
AI In Healthcare Market Companies
| Name | Profile | # Employees | HQ | Website |
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Europe ai in healthcare market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to ai in healthcare market will help companies and investors design strategic landscapes.
Software solutions was the largest segment with a revenue share of 50.04% in 2023. Horizon Databook has segmented the Europe ai in healthcare market based on hardware, services, software solutions covering the revenue growth of each sub-segment from 2016 to 2030.
Healthcare systems in Europe are overburdened due to increasing costs, rising incidence of chronic conditions, large elderly population, and increasing demand for healthcare facilities. In addition, increasing investments in AI in healthcare are driving the market growth.
For instance, in October 2019, the UK government announced investment of USD 300 Billion in AI, which is expected to be utilized by the public healthcare system to improve the quality of care.
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Our clientele includes a mix of ai in healthcare market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Europe ai in healthcare market , including forecasts for subscribers. This continent databook contains high-level insights into Europe ai in healthcare market from 2016 to 2030, including revenue numbers, major trends, and company profiles.
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Europe ai in healthcare market size, by country, 2016-2030 (US$M)
Europe AI In Healthcare Market Outlook Share, 2023 & 2030 (US$M)
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