The next five to 10 years will be pivotal for the expansion of the health care AI software market. Omdia forecasts that the health care AI software market will grow from about $800 million in 2019 to nearly $11 billion in 2025, representing a 54% CAGR (see Figure 1).
In recent years, health care practices have dramatically increased AI spending. Omdia’s latest annual (2020) Information and Communications Technology Enterprise Insights in the Health care Industry (ICTEI) survey found...
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