Artificial intelligence (AI) systems are evolving at a breakneck pace, and have already made remarkable advances in successfully replicating repetitive and complex tasks, offering unique insights, making it possible for product developers to focus on the more nuanced aspects. AI based programmes can acquire information, sort and process the data logically, use known variables to form solutions, recognise the mistakes, and correct them, improving the quality of product design. AI and related technologies have already become a major draw in healthcare industry with the potential to transform patient care as well as administrative processes by automating tasks and achieving faster results.
According to a report by Zion Market Research, Global Artificial Intelligence (AI) in Healthcare Market is likely to reach USD 17.8 billion by 2025. Algorithms in disease diagnosis, clinical trials and predictive analysis for disease outbreaks have the potential to dramatically change the way healthcare is planned, executed and delivered. The medical device industry is no exception. AI can not only be used to design and test new devices, but also for diagnostics, surgery and as a therapeutic aid.
This story is from the February 2020 edition of Healthcare Radius.
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This story is from the February 2020 edition of Healthcare Radius.
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