
The need for accurate medical diagnoses has increased amid the rising number of chronic disease-affected patients globally. With the use of cutting-edge digital platforms, big data analytics, cloud computing, and artificial intelligence (AI), the sector is undergoing a transition.
In 2022, it was noted that there had been an increase in alliances and collaborations between major pharmaceutical companies and suppliers of AI technology. The pharmaceutical sector has grown rapidly in recent years and is anticipated to reach $1.50 trillion by 2023.