Global Generative AI in Healthcare Market 2025-2029

Generative AI In Healthcare Market 2025-2029

The generative ai in healthcare market is forecasted to grow by USD 9378.4 mn during 2024-2029, accelerating at a CAGR of 38.7% during the forecast period. The report on the generative ai in healthcare market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by pressing need to enhance operational efficiency and alleviate clinician burnout, potential for radical acceleration in drug discovery and development, and convergence of big data availability and advanced computational infrastructure.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market size data, segment with regional analysis and vendor landscape in addition to an analysis of the key companies. Reports have historic and forecast data.

Technavio's generative ai in healthcare market is segmented as below:

By Component

• On-premises
• cloud

By Application

• Drug discovery and development
• Medical imaging and diagnostics
• Personalized medicine
• Virtual health assistants
• Others

By End-user

• Hospitals and clinics
• Pharmaceuticals companies
• Research institutes
• Health insurance companies

By Geographical Landscape

• North America
• Europe
• APAC
• South America
• Middle East and Africa

This study identifies the ascendance of multimodal ai models as one of the prime reasons driving the generative ai in healthcare market growth during the next few years. Also, shift toward domain-specific and fine tuned models and intensified focus on governance, explainability, and responsible ai will lead to sizable demand in the market.

The report on the generative ai in healthcare market covers the following areas:

• Generative AI In Healthcare Market sizing
• Generative AI In Healthcare Market forecast
• Generative AI In Healthcare Market industry analysis

The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading generative ai in healthcare market vendors that include Abridge Al, Inc., Aidoc, Deep Genomics Inc., Google LLC, Hippocratic AI Inc., International Business Machines Corp., Insilico Medicine, Microsoft Corp., NVIDIA Corp., OpenAI, Paige AI, Inc., PathAI Inc., Recursion Pharmaceuticals Inc., Subtle Medical, Inc., Suki AI, Inc, Tempus Labs Inc., Terray Therapeutics, Inc., and VideaHealth. Also, the generative ai in healthcare market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth. Show more