Healthcare Innovations Driving Industry Growth

The global health care sector outlook for 2024 emphasizes AI adoption to tackle COVID-19 impacts, escalating costs, and labor shortages. Healthcare analytics market is projected to reach USD 43.1 billion in 2023, growing at a CAGR of 21.1% until 2030, fueled by the need for better patient care and cost-effective solutions. Healthcare data interoperability focuses on growth opportunities through AI-based solutions and regulatory advances, while the drug discovery informatics market is rapidly expanding with a focus on AI, machine learning, and strategic mergers.