AI transforms global healthcare with major growth ahead

AI applications in healthcare are expected to reach $613 billion by 2034, with software solutions leading the way, especially in dermatology, oncology, and cardiovascular treatments
A new report predicts significant growth in AI-powered healthcare solutions, with the market set to reach $613 billion by 2034, driven by rising adoption and innovation.

The healthcare sector is poised for significant growth as AI continues to revolutionise the industry. A new report from Avant Technologies predicts an influx of AI-powered solutions in healthcare, with key technology giants leading the charge.

Avant Technologies and Ainnova, in their joint venture, plan to showcase their AI-powered Vision AI platform at the 2025 Mexico Healthcare Innovation Summit.

The platform, aimed at early disease detection, is nearing approval from the US Food and Drug Administration (FDA) and is already in clinical trials in Southeast Asia and South America.

Apple and Amazon are also entering the AI healthcare space, with Apple launching an AI-powered health coach to guide users on diet and exercise, while Amazon is expanding its AI solutions with a healthcare chatbot.

Meanwhile, GE Healthcare has seen success with its AI-driven cardiac imaging, which has garnered FDA approval. The World Health Organization (WHO) supports AI integration in healthcare, particularly for outpatient care and early diagnosis, though it has urged regulators to be cautious of potential risks.

AI in healthcare is expected to grow exponentially, reaching a market valuation of $613 billion by 2034. The sector’s rapid expansion is driven by increasing adoption rates, particularly for early disease detection, administrative efficiency, and personalised medicine.

Despite data privacy concerns, the adoption of AI tools in fields like dermatology, oncology, and cardiovascular health is expected to surge. North America is predicted to lead the market, followed by Europe and South Asia, as more healthcare institutions embrace AI technologies.

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