The use of artificial intelligence (AI) in healthcare has grown significantly in recent years. The global market estimate for AI in healthcare was over $15 billion in 2022, and that market is expected to grow exponentially. The COVID-19 pandemic accelerated this global demand 167% from 2019 to 2021, in part due to the demand for rapid disease diagnostics and a shortage of healthcare workers. Additionally, as healthcare spending continues to rise to unprecedented levels, AI is increasingly viewed as a tool to reduce cost inefficiencies in the U.S. healthcare system.
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