North America Ai In Healthcare Market Size & Outlook
North America ai in healthcare market, 2016-2030 (US$M)
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North America ai in healthcare market highlights
- The North America ai in healthcare market generated a revenue of USD 12,953.2 million in 2023.
- The market is expected to grow at a CAGR of 36.3% from 2024 to 2030.
- In terms of segment, services 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, Canada is expected to register the highest CAGR from 2024 to 2030.
North America data book summary
| Market revenue in 2023 | USD 12,953.2 million |
| Market revenue in 2030 | USD 112,920.9 million |
| Growth rate | 36.3% (CAGR from 2023 to 2030) |
| Largest segment | Services |
| 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, North America region accounted for 57.7% 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 |
|---|
North America 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.
Services was the largest segment with a revenue share of 37.27% in 2023. Horizon Databook has segmented the North America ai in healthcare market based on hardware, services, software solutions covering the revenue growth of each sub-segment from 2016 to 2030.
Major factors contributing to the growth of this region include local presence of major market players, rising geriatric population, increasing incidence of health-related disorders, rising number of government initiatives, and growing awareness about the use of AI in healthcare.
For instance, in March 2019, the U.S. government launched a new website called AI.gov, which is dedicated to presenting ideas regarding development, regulation, and application of AI in the U.S. The website has come to use after the U.S. President Donald Trump signed an official order describing AI policy.
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Horizon Databook provides a detailed overview of continent-level data and insights on the North America ai in healthcare market , including forecasts for subscribers. This continent databook contains high-level insights into North America ai in healthcare market from 2016 to 2030, including revenue numbers, major trends, and company profiles.
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North America ai in healthcare market size, by country, 2016-2030 (US$M)
North America AI In Healthcare Market Outlook Share, 2023 & 2030 (US$M)
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