Global Artificial Intelligence (ai) For Healthcare Payer Market Size & Outlook

The global artificial intelligence (ai) for healthcare payer market size was estimated at USD 1,949.0 million in 2023 and is projected to reach USD 3,581.9 million by 2030, growing at a CAGR of 9.1% from 2024 to 2030.
Revenue, 2023 (US$M)
$1,949.0
Forecast, 2030 (US$M)
$3,581.9
CAGR, 2024 - 2030
9.1%
Report Coverage
Worldwide

Global artificial intelligence (ai) for healthcare payer market, 2018-2030 (US$M)

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Global artificial intelligence (ai) for healthcare payer market highlights

  • The global artificial intelligence (ai) for healthcare payer market generated a revenue of USD 1,949.0 million in 2023 and is expected to reach USD 3,581.9 million by 2030.
  • The market is expected to grow at a CAGR (2024 - 2030) of 9.1% by 2030.
  • In terms of segment, software accounted for a revenue of USD 1,137.2 million in 2023.
  • Services is the most lucrative component segment registering the fastest growth during the forecast period.
  • In terms of region, North America was the largest revenue generating market in 2023.
  • Country-wise, U.S. is expected to register the highest CAGR from 2024 to 2030.

Global data book summary

Market revenue in 2023USD 1,949.0 million
Market revenue in 2030USD 3,581.9 million
Growth rate9.1% (CAGR from 2023 to 2030)
Largest segmentSoftware
Fastest growing segmentServices
Historical data covered2018 - 2022
Base year for estimation2023
Forecast period covered2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationSoftware, Services

Other key industry trends

  • In terms of revenue, the North America accounted for 38.5% of the global artificial intelligence (ai) for healthcare payer market in 2023.
  • By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
  • By country, U.S. is the fastest growing regional market and is projected to reach USD 823.1 million by 2030.

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Artificial intelligence (AI) for Healthcare Payer Market Companies

Name Profile # Employees HQ Website
Softheon View profile 101-250 Stony Brook, New York, United States, North America http://softheon.com
Quantiphi View profile 1001-5000 Marlborough, Massachusetts, United States, North America http://www.quantiphi.com
Codoxo View profile 11-50 Duluth, Georgia, United States, North America https://www.codoxo.com
Hexaware Technologies View profile 10001+ Iselin, New Jersey, United States, North America https://hexaware.com
MST Solutions View profile 251-500 Chandler, Arizona, United States, North America https://www.mstsolutions.com/
AiRo Digital Labs View profile 101-250 Chicago, Illinois, United States, North America https://airodigitallabs.com
Amelia View profile 1001-5000 New York, New York, United States, North America https://amelia.ai
Innovaccer View profile 1001-5000 San Francisco, California, United States, North America https://www.innovaccer.com
CareCloud Inc View profile 3600 7 Clyde Road, Somerset, NJ, United States, 08873 https://www.carecloud.com
UnitedHealth Group Inc View profile 440000 9900 Bren Road East, UnitedHealth Group Center, Minnetonka, MN, United States, 55343 https://www.unitedhealthgroup.com
Cognizant Technology Solutions Corp Class A View profile 344400 300 Frank West Burr Boulevard, Suite 36, 6th Floor, Teaneck, NJ, United States, 07666 https://www.cognizant.com
Accenture PLC Class A View profile 742000 1 Grand Canal Square, Grand Canal Harbour, Dublin, Ireland, 2 https://www.accenture.com
R1 RCM Inc View profile 30000 434 West Ascension Way, 6th Floor, Murray, UT, United States, 84123 https://www.r1rcm.com
Microsoft Corp View profile 221000 One Microsoft Way, Redmond, WA, United States, 98052-6399 https://www.microsoft.com
Oracle Corp View profile 164000 2300 Oracle Way, Austin, TX, United States, 78741 https://www.oracle.com

Global artificial intelligence (ai) for healthcare payer market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to artificial intelligence (ai) for healthcare payer market will help companies and investors design strategic landscapes.


Software was the largest segment with a revenue share of 58.35% in 2023. Horizon Databook has segmented the Global artificial intelligence (ai) for healthcare payer market based on software, services covering the revenue growth of each sub-segment from 2018 to 2030.


  • Global Artificial intelligence (AI) for Healthcare Payer Component Outlook (Revenue, USD Million, 2018-2030)
    • Software
    • Services
  • Global Artificial intelligence (AI) for Healthcare Payer Deployment Outlook (Revenue, USD Million, 2018-2030)
    • On-Premises
    • Cloud
  • Global Artificial intelligence (AI) for Healthcare Payer Application Outlook (Revenue, USD Million, 2018-2030)
    • Claims Processing Optimization
    • Revenue Management and Billing
    • Fraud Detection and Prevention
    • Others
    • Member Engagement and Personalization

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Target buyers of Global artificial intelligence (ai) for healthcare payer market databook

  • Our clientele includes a mix of artificial intelligence (ai) for healthcare payer market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
  • Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
  • The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.

Horizon Databook provides a detailed overview of global-level data and insights on the Global artificial intelligence (ai) for healthcare payer market , including forecasts for subscribers. This global databook contains high-level insights into Global artificial intelligence (ai) for healthcare payer market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Global artificial intelligence (ai) for healthcare payer market size, by regions, 2018-2030 (US$M)

Top 10 countries: Artificial intelligence (ai) for healthcare payer market size, 2023 (US$M)

Global artificial intelligence (ai) for healthcare payer market share, by application, 2023 & 2030 (%, US$M)

Artificial intelligence (ai) for healthcare payer market: Opportunity assessment by country

Global artificial intelligence (ai) for healthcare payer market, by region, 2023 (US$M)

Global artificial intelligence (ai) for healthcare payer market size, by regions, 2018-2030 (US$M)

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