The global artificial intelligence in healthcare market was valued at USD 24.61 Billion in 2024. It is expected to grow at a CAGR of 41.60% during the forecast period of 2025-2034 and attain a market value of USD 797.52 Billion by 2034. One significant driver of market expansion is the growing demand in the healthcare sector for increased efficiency, accuracy, and improved patient outcomes. According to a Microsoft-IDC report published in March 2024, 79% of healthcare firms are already using AI technology. These technologies could alter conventional healthcare procedures in a variety of areas, such as medical imaging analysis, predictive analytics, individualized treatment planning, and medication development.
The Global Artificial Intelligence in Healthcare Patent Landscape Report provides a comprehensive and in-depth analysis of the patents in this growing industry. The key sections captured in the report for artificial intelligence in healthcare include a thorough examination of the patent portfolios of key players, covering aspects such as the number of patents and types of technologies patented. It includes the latest trends, geographical distribution of patents, top IP player profiles, technological segmentation, and patent valuation associated with artificial intelligence in healthcare. The breakdown of patents by technical segments is provided, giving more clarity on the specific areas of innovation within artificial intelligence in healthcare technologies.
Patent Valuation Analysis
An evaluation and competitive benchmarking of key members of unique patent families are covered in the analysis for artificial intelligence in healthcare technologies. The important parameters have been taken into consideration including IP document, year of application, number of citations, time to expiry, and jurisdiction associated with artificial intelligence in healthcare.
Analysis of Patent Applications
A comprehensive summary of several patent applications which were filed across different jurisdictions for artificial intelligence in healthcare and their relative value are covered. The analysis will cover the capital in terms of innovation and innovation type.
Analysis of Granted Patents
Detailed analysis of the granted patents across different jurisdictions for artificial intelligence in healthcare and their relative value in the IP are covered in the final report.
Artificial Intelligence in healthcare refers to the use of advanced computational technologies and algorithms to analyze complex medical data, enhance decision-making, and automate processes within the healthcare system. This includes applications such as predictive analytics, natural language processing, medical imaging analysis, and personalized treatment plans, all aimed at improving patient outcomes, increasing efficiency, and optimizing healthcare delivery. AI technologies enable healthcare professionals to leverage large volumes of data to make informed decisions, streamline operations, and enhance patient engagement.
AI algorithms can be trained to examine patient health data, assisting clinicians in speedy diagnosis and treatment planning. Supportive government measures, the COVID-19 influence, as well as an increase in technology collaborations and M&A activity, have all contributed to market growth and hastened the implementation of AI in healthcare. The application of AI and machine learning technologies seeks to improve patient care, reduce machine downtime, and lower healthcare costs, hence driving market growth. The pandemic has expedited the deployment of AI-based solutions, particularly in diagnostics, patient and medication management, claims processing, workflow optimization, machine integration, and cybersecurity in healthcare settings.
Handling of Large and Complex Datasets of Artificial Intelligence in Healthcare is Expected to Boost the Patent Industry Growth
Generating large and complex healthcare datasets is an important driver for AI in the healthcare market. Advanced technologies enable the collection of a wide range of patient information, including medical records and genomic data. This plethora of data fuels AI applications, allowing the identification of patterns and insights critical for diagnostics, personalized medicine, and treatment planning. Integrating big data analytics and AI has the potential to change healthcare procedures by increasing accuracy and efficiency. This data-driven strategy will have a significant impact on healthcare delivery, leading to better patient outcomes and simpler operations.
Rising Investment by Key Players and the Public Sector to Boost Artificial Intelligence in Healthcare Patent Industry
The rise in pharmaceutical and MedTech companies' investments in the domain is expected to influence the patent landscape positively. Artificial intelligence (AI) is efficient and rapid. Moreover, it executes operational tasks at a significantly lower cost. This has resulted in increased investment by most healthcare providers in the business. For instance, in April 2021, Microsoft Corporation purchased Nuance Communications, Inc. This acquisition aided the company in implementing Nuance Communications' superior cloud and AI capabilities, which are enhanced by their healthcare market expertise. Patents covering these technologies are crucial for companies and thus impact the patent landscape. Currently, there is an increase in patent activity which focuses on enhancing the application of artificial intelligence in healthcare.
The report will cover the following sections in detail:
Analysis by Product Type
Analysis by Technology
Analysis by Type
The breakup based on product type includes hardware, software, and services. The software segment is expected to witness several patent applications as AI-based software solutions are quickly being used by healthcare providers, payers, and patients. For example, in September 2019, GE Healthcare collaborated with five Chinese local software developers, including 12Sigma Technologies, Biomind, Shukun Technology, Yizhun Medical AI, and YITU Technology, to develop the Edison AI platform and support GE Healthcare's seamless digital transformation.
The United States is one of the leading jurisdictions for artificial intelligence in healthcare patents, having around 30,250+ patents. The presence of big companies, well-established healthcare infrastructure, and advanced research and development activities contributes to the regional patent landscape significantly.
Among the players with artificial intelligence in healthcare patent families, new entrants have been identified, which can be either established companies or startups developing their first technology in artificial intelligence in the healthcare field. Some of the major companies mentioned in this report (a non-exhaustive list) are as follows:
Samsung Electronics Co., Ltd., a global tech leader, offers innovative healthcare solutions, including advanced medical imaging, wearable health monitors, and telehealth platforms. Committed to research and development, the company collaborates with healthcare organizations to enhance patient care and improve access, while emphasizing corporate social responsibility in underserved communities.
Qualcomm Incorporated, headquartered in San Diego, California, is a leading technology company focus...
*Please note that this is only a partial list; the complete list of key players is available in the full report. Additionally, the list of key players can be customized to better suit your needs.*
Other companies include IBM Corp., Nvidia Corp., and Microsoft Technology Licensing LLC., among others.
The artificial intelligence in healthcare patent report provides information on the intellectual property (IP) position and strategy of key players. This report can help companies and players looking to enter or invest in this field by -
Global Artificial Intelligence in Life Sciences Market
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Australia
63 Fiona Drive, Tamworth, NSW
+61-448-061-727
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.
+63-287-899-028, +63-967-048-3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84-865-399-124
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