October 22, 2020
AI Growing Importance to Medical Industry
The potential for artificial intelligence to revolutionize the medical industry is vast. Since the whole purpose of AI is to emulate human behavior or, in simple words, to do what humans do but only faster, better, and cheaper, no one is surprised by AI’s growing importance to the medical industry. AI and robotics are now an inherent part of the healthcare industry and reach new heights faster than one could have possibly imagined.
Due to the presence of AI techniques and instruments, healthcare professionals can now better understand the needs of patients and deliver more accurate feedback and support. Although AI has been present in the medical industry for many decades now, only recently its technology and techniques have found their well-deserved place as the right hand of healthcare professionals.
Even though its impact in the medical industry grew slowly, a McKinsey review predicts healthcare to be one of the top 5 industries to involve AI in its day-to-day use. Moreover, Grand View Research, Inc. predicts a global AI in healthcare market size of $31.3 billion by 2025. With such a sizable amount predicted to be invested in AI to improve the healthcare industry, it is only natural for investors to consider integrating AI tools and technology in their future plans.
AI’s current fields of medical expertise
As we’re speaking, millions of people all over the world receive more accurate diagnosis and better treatments due to the presence of AI in hospitals and other medical centers.
- Radiology benefits greatly from AI tools that allow for automate imagine analysis and diagnosis. Moreover, AI systems have the ability to read and interpret a scan independently without human supervision.
- Triage too has confirmed AI’s importance for the medical industry. Considering the current circumstances, AI proves to be extremely helpful when it comes to direct to patient solutions and triage. Using chat or voice-based interaction, primary healthcare professionals can address basic medical issues and reduce the number of unnecessary trips to the GP.
- Patients at risk are easier identified now due to AI instruments that allow the analysis of the patient’s historic data. Nowadays, AI predicts the chance of patients having to be re-admitted within 30 days of their discharge.
- Scientists in the medical industry involve AI in the development of new drugs based on the colossal databases of information available in the field.
And this is just the beginning of AI’s medical revolution!
AI plays a vital role in our wellbeing
One of AI’s major roles in the medical industry is and will be the delivery of accurate clinical diagnostics and an improved decision-making process. With access to thousands of diagnostic resources, medical professionals will find it easier and faster to apply their clinical knowledge in association with AI-based research.
Due to the complexity of diseases and the multiple symptoms manifested by certain afflictions, AI technology is imperious necessary for a simplified process of early detection, diagnosis, and treatment plan. Practitioners can rely on quantitative and qualitative data based on input feedback to deliver more accurate diagnoses and treatments. Moreover, AI can also contribute to a realistic outcome prediction.
The predictions are based on complex information, such as physical exam results, medications, symptoms, gene expressions, and others. All this data is then structured through machine learning techniques to determine outcomes. This trait is especially important for specific tumor indicator outcomes.
The current pandemic crisis has taught us that the online world matters now more than anything for many industries. AI can contribute to the future of the medical industry with telehealth. Telehealth improves the healthcare industry on a smaller scale allowing for patients to benefit from treatment and high-risk situation prevention. Practitioners can monitor the condition of their patients and be notified as soon as the patient reports present a high-risk variable.
Practitioners, doctors, and medical research institutions, they all benefit from AI’s innovations. Artificial intelligence has the tools to help us heal people and improve their wellbeing, so we need to take advantage of them. Now!
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