AI healthcare market to soar to $6.6B by 2021: 5 key trends

The U.S. artificial intelligence market is expected to grow to $6.6 billion by 2021, according to an Accenture report.

Advertisement

Here are five key market trends:

1. The AI market is anticipated to grow at a compound annual growth rate of 40 percent through 2021.

2. Accenture analysis shows combining key health AI applications can potentially create $150 billion in annual savings for the U.S. healthcare economy by 2026.

3. Robot-assisted surgery, virtual nursing assistants and administrative workflow assistance are the top three AI applications in the market.

4. Other key applications include fraud detection and dosage error reduction.

5. New market entrants and the explosion of data is making a strong case for AI adoption.

More articles on data analytics & precision medicine:
NIH’s genome institute to unveil new roadmap for genomics research in 2020
UC San Francisco, Samsung partner on blood pressure app for research
Boston Children’s Hospital joins TriNetX research network to connect patients with clinical trials

Becker’s 3rd Annual Fall Chief Pharmacy Officer Summit is the top tier event that the people leading the future of pharmacy convene. This 3-day event is built specifically for Chief Pharmacy Officers and senior pharmacy leaders. The sessions examine the workforce, financial and clinical priorities shaping pharmacy today. Becker’s is where candid discussions flourish and new ideas thrive. Becker's 3rd Annual Fall Chief Pharmacy Officer Summit

Advertisement

Next Up in Artificial Intelligence

Advertisement

Comments are closed.