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AI in Healthtech to Reach Over $8 Billion by 2026

According to a new prediction, the worldwide Artificial Intelligence in the healthcare industry is anticipated to grow at 49.7 percent in 2019-2026, reaching over $8 billion by 2026.

According to the study by market research company Acumen Research and Consulting, Asia Pacific is the fastest increasing market due to the enormous untapped chance in this region.

AI could have far-reaching healthcare impacts by assisting in disease detection and continuous condition monitoring.

Due to the growing acceptance and awareness of AI technology, the US commands the biggest share of worldwide AI in the healthcare industry, the study said.

Different tech giants like Amazon.com, Inc., IBM Corporation, AMD, NVIDIA Corp., Oracle Corp. offer AI-based services.

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