Artificial Intelligence in Healthcare Market- India
Base Year: 2023
Historical Years: 2018-2023
Forecast Years: 2024-2032
Market Growth Rate: 32.40% (2024-2032)
Market Size in 2023: USD 251.63 Million
Market Size in 2032: USD 3,900.24 Million
The India Artificial Intelligence in Healthcare market is growing rapidly, driven by advancements in diagnostics, personalized treatments, and data analytics. According to the latest report by IMARC Group, the market size reached USD 251.63 Million in 2023. Looking forward, IMARC Group expects the market to reach USD 3,900.24 Million by 2032, exhibiting a growth rate (CAGR) of 32.40% during 2024-2032.
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India Artificial Intelligence in Healthcare Market Trends and Drivers:
- Adoption of Advanced Technologies: AI is being utilized to improve medical outcomes, streamline operations, and reduce costs.
- AI-powered Diagnostics: AI tools for diagnostics, predictive analytics, and personalized treatment are transforming healthcare delivery.
- Government Initiatives: Programs like the National Digital Health Mission (NDHM) are promoting AI integration in healthcare.
- Early Disease Detection: Increasing use of AI in radiology, pathology, and genomics for early disease detection.
- AI in Telemedicine: AI is enhancing remote consultations and diagnostics, especially in rural areas.
- Drug Discovery: AI is aiding pharmaceutical companies in accelerating drug research and development.
- Investment in AI: Healthcare providers and pharmaceutical firms are investing in AI to drive innovation and scalable solutions.
India Artificial Intelligence in Healthcare Market Industry Segmentation:
The market report offers a comprehensive analysis of the segments, highlighting those with the largest artificial intelligence in healthcare market share in India. It includes forecasts for the period 2024-2032 and historical data from 2018-2023 for the following segments.
Breakup by Offering:
- Hardware
- Software
- Services
Breakup by Technology:
- Machine Learning
- Context-Aware Computing
- Natural Language Processing
- Others
Breakup by Application:
- Robot-Assisted Surgery
- Virtual Nursing Assistant
- Administrative Workflow Assistance
- Fraud Detection
- Dosage Error Reduction
- Clinical Trial Participant Identifier
- Preliminary Diagnosis
- Others
Breakup by End User:
- Healthcare Providers
- Pharmaceutical and Biotechnology Companies
- Patients
- Others
Breakup by Region:
- North India
- West and Central India
- South India
- East and Northeast India
Competitive Landscape:
The report offers an in-depth examination of the competitive landscape. It includes a thorough competitive analysis encompassing market structure, key player positioning, leading strategies for success, a competitive dashboard, and a company evaluation quadrant.
Ask Analyst for Customization: https://www.imarcgroup.com/request?type=report&id=21830&flag=C
Key highlights of the Report:
- Market Performance (2018-2023)
- Market Outlook (2024-2032)
- COVID-19 Impact on the Market
- Porter’s Five Forces Analysis
- Strategic Recommendations
- Historical, Current and Future Market Trends
- Market Drivers and Success Factors
- SWOT Analysis
- Structure of the Market
- Value Chain Analysis
- Comprehensive Mapping of the Competitive Landscape
Note: If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
About Us:
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IMARC offerings include thorough market assessment, feasibility studies, company incorporation assistance, factory setup support, regulatory approvals and licensing navigation, branding, marketing and sales strategies, competitive landscape and benchmarking analyses, pricing and cost research, and procurement research.
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