Artificial Intelligence is Fuelling Innovation in Healthcare

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Piyush GuptaCommonly described as the new nervous system of healthcare, Artificial Intelligence (AI) has become a key growth driver in the healthcare industry. According to a study by Allied Market Research, the global AI in healthcare market is projected to reach a valuation of $22,790 million by 2023, with a CAGR of 48.7% from 2017 to 2023. AI in healthcare has been developed to augment human capabilities – be it diagnosing a medical condition or assisting in surgeries.
AI in healthcare has given patients and healthcare providers an ecosystem that is more efficient and effective –and down the line –more economical in delivering better long-term outcomes. When a patient experiences a stroke, every second counts. This can be a challenge as access to medical care can take hours if the patient is in a remote or hard-to-reach location.
AI has the potential to facilitate high-speed, high-quality imaging that can help identify the type and location of the clot or bleed. This can then result in automated detection and faster decision-making regarding the course of treatment, giving the patient a better chance of recovery.
AI and other technologies powering healthtech
AI is built on a framework of various intelligent technologies, such as Machine Learning (ML), Data Analytics, …

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