The North America Artificial Intelligence in Healthcare Market is expected to grow from US$ 1,605.67 million in 2019 to US$ 44,056.97 million by 2027; it is estimated to grow at a CAGR of 50.1% from 2020 to 2027.
Cross-Industry Partnerships Driving AI Adoption in Healthcare
Cross-industry collaborations are accelerating the development of advanced machine learning models for risk prediction and cognitive assistance. In healthcare, AI is increasingly applied in clinical trials to enhance accuracy and efficiency. Tools such as clinical decision support systems and voice recognition software optimize hospital workflows, improve medical care, and elevate patient experiences. These partnerships—spanning public, private, and nonprofit sectors—are among the most dynamic practices in corporate-society relations. As a result, the growing trend of cross-industry collaborations is expected to boost AI adoption in healthcare, fueling market expansion.
Market Overview: North America AI in Healthcare
The North America Artificial Intelligence in Healthcare Market is segmented into the U.S., Canada, and Mexico. In 2019, the U.S. dominated the regional market, driven by its advanced digital healthcare infrastructure, well-established medical sector, and increasing patient awareness of AI benefits. The presence of key industry players further stimulates growth, alongside the adoption of digital tools to enhance care quality while reducing costs.
The U.S. remains the largest North America Artificial Intelligence in Healthcare Market, propelled by factors such as:
- Rising adoption of precision medicine
- Digital healthcare transformation
- Increasing prevalence of chronic diseases
- Government support for AI integration to improve efficiency and affordability
Impact of COVID-19 on North America Artificial Intelligence in Healthcare Market
The pandemic has had a severe impact across North America, making AI a critical tool for public health management. AI technologies have been instrumental in tracking, diagnosing, and treating COVID-19. For example:
- HealthMap, developed by Boston Children’s Hospital, was among the first AI tools to detect the outbreak, enabling rapid patient triage.
- Facebook AI partnered with researchers to combat COVID-19, launching a Community Help hub in October 2020. Its AI-powered matching feature connects individuals in need with assistance providers.
AI’s ability to process vast datasets quickly has proven invaluable during the pandemic, demonstrating its potential in crisis response and healthcare innovation.
North America Artificial Intelligence in Healthcare Market Segmentation
North America Artificial Intelligence in Healthcare Market – By Component
- Software Solution
- Hardware
- Services
North America Artificial Intelligence in Healthcare Market – By Application
- Robot Assisted Surgery
- Virtual Assistants
- Administrative Workflow Assistants
- Connected Machines
- Diagnosis
- Clinical Trials
- Fraud Detection
- Cybersecurity
- Dosage Error Reduction
- Others
North America Artificial Intelligence in Healthcare Market – By End User
- Hospitals & Healthcare Providers
- Patients
- Pharma & Biotech Companies
- Healthcare Payers
- Others
North America Artificial Intelligence in Healthcare Market – By Country
- US
- Canada
- Mexico
North America Artificial Intelligence in Healthcare Market – Company Profiles
- Alphabet Inc.
- Arterys Inc.
- General Electric Company
- Intel Corporation
- Johnson and Johnson Services, Inc.
- Koninklijke Philips N.V.
- Microsoft Corporation
- Nuance Communications, Inc.
- NVIDIA CORPORATION
- Siemens Healthineers AG
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Business Market Insights is a market research platform that provides subscription service for industry and company reports. Our research team has extensive professional expertise in domains such as Electronics & Semiconductor; Aerospace & Defense; Automotive & Transportation; Energy & Power; Healthcare; Manufacturing & Construction; Food & Beverages; Chemicals & Materials; and Technology, Media, & Telecommunications.
Author’s Bio:
Suryakant Gadekar
Senior Market Research Expert at Business Market Insights
