Dublin, October 1, 2024 – The Global AI, Blockchain, Cloud, and Data Analytics (ABCD) in Healthcare Market is expected to grow significantly, with a compound annual growth rate (CAGR) of 26.83% during the period from 2020 to 2023. The market was valued at USD 50.45 billion in 2023 and is projected to reach USD 288.96 billion by 2030.
The report, published by ResearchAndMarkets.com, analyzes the healthcare technology landscape across various regions including the Americas, Europe, and Asia Pacific, focusing on key countries such as the United States, China, and Germany. It highlights the increasing need for advanced technologies in healthcare, particularly in managing infectious diseases and cancer treatment.
Artificial intelligence (AI) is set to revolutionize healthcare by enabling faster diagnoses and personalized treatment plans. Machine learning algorithms can analyze extensive medical data to identify patterns that assist healthcare professionals in making informed decisions. Blockchain technology is enhancing data security and interoperability, allowing patients greater control over their health information.
Cloud computing is also transforming healthcare delivery by facilitating efficient data management and enabling real-time access to critical information. The COVID-19 pandemic accelerated the adoption of these technologies, improving the efficiency and quality of healthcare services.
The report emphasizes the importance of investing in infrastructure and fostering global collaboration to harness the full potential of these technologies in healthcare.
For further details, visit ResearchAndMarkets.com.