Healthcare Adopts AI with Care

The global AI healthcare market, valued at USD 29.01 billion in 2024, is projected to reach USD 504.17 billion by 2032. In Europe alone, the market is expected to grow from USD 7.92 billion in 2024 to USD 143.02 billion by 2033, with an incredible 38% annual growth rate.The growing adoption underscores AI's significant potential across many areas of healthcare: It can enhance the accuracy and early detection of diseases, support personalised treatment plans, streamline administrative tasks such as billing and scheduling, and improve hospital resource management through predictive analytics. In clinical practice, AI is already showing impact in areas such as early detection of sepsis and improved breast cancer screening.

Medigy Insights

To address the AI challenges, the European Union has established two landmark regulatory frameworks to ensure healthcare AI development balances innovation with ethics, transparency, and respect for fundamental rights.The EU Data Act aims to improve access to data generated by connected medical devices, helping to create more diverse and representative datasets while reducing the risk of algorithmic bias. Meanwhile, the EU AI Act sets out clear requirements for high-risk AI systems in healthcare, introducing safeguards such as mandatory impact assessments, human oversight, explainable AI models and data verification.

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