The global AI in drug discovery market is estimated to grow significantly, at a CAGR of 51.3%, during the forecast period. In recent years, the demand for early and accurate detection of diseases is increasing rapidly. The major reason for the early detection of diseases is that people are becoming more conscious about their health. Advancement in AI-based technology enables in early and accurate diagnosis of diseases. The computer-based diagnostic tools play a major role in diagnosis and provide a platform for effective treatment of patients. The AI has the potential to expand its capabilities in medical diagnosis through various AI applications. The technology enables in managing and increasing the demands of patients for AI tools as it is a time-efficient process of detecting diseases at the initial stage.