Reports: Healthcare Artificial Intelligence Market CAGR of 47%-50%

Three separate market reports agree that the healthcare artificial intelligence (AI) market will increase at a compound annual growth rate (CAGR) of between 47 percent and 50 percent over the next few years. The Markets and Markets report forecasts that the healthcare AI market will reach $36.1 billion by 2025, growing at a CAGR of 50.2 percent during that period. A report by IT Intelligence Markets predicts a market increase at a CAGR of more than 47 percent. And a report by Energias Market Research splits the different at a CAGR of 48.7 percent, with a market value of $20 billion by 2014. The reports also agree on the vendor powerhouses in the healthcare AI market: AWS, Google, General Vision, GE Healthcare, IBM, Intel, Microsoft, Nvidia, Siemens Healthineers, and Philips. Other vendors profiled in the three reports include Xilinx, Johnson and Johnson, Medtronic, Enlitic, Next IT, Welltok, Icarbonx, Recursion Pharmaceuticals, Stryker, Careskore, Zephyr Health, Oncora Medical, Sentrian, Bay Labs, Atomwise, Deep Genomics, Cloudmedx, Zebra Medical Vision, Imagia Cybernetics, Precision Health AI, and Cloud Pharmaceuticals.