How Growth in Artificial Intelligence Market can Help in Transforming the Healthcare Industry
Small Business
AI and chatbots have taken many industries by storm and like all the other industries, healthcare sector is expected to witness paradigm shifts. AI has shown great potential for being integrated to almost every industry on a global level. The reasons are the need for less human intervention, extremely fast processing speed, and seamless integration to the whole system. In the healthcare sector, the possibilities of AI integration are infinite. Only a few medical apps and hospitals have integrated AI to their systems and they are witnessing great response from their patients/clients. AI has automated basic processes such as hospital registration, advice, prescription, and billing, reduced a great amount of pain that patients would have to bear otherwise.
The global artificial intelligence market is growing fast. The market is growing at a Compound Annual Growth Rate (CAGR) of approximately 40 percent with a current market value of $3.5 billion. …


