Healthcare industry is becoming more effective and profit making market
in the recent trend with the extensive development in the technology. Technology
is playing efficient role in this market as the dangerous diseases only can be
identified with the help of several tests which can be done with the help of
advanced technology. According to the report analysis, ‘Health Care Industry Analysis’ states that the technology of artificial intelligence is
growing rapidly in this market and AI technologies are cropping up to help
people streamline administrative and clinical health care processes. With the
help of AI technology the fraud can also be detected in this industry with the
help of cyber cells. Moreover, with the help of AI, the dose of
immunosuppressant drugs can be correctly determined to administer to organ patients.
In the recent past years, the AI technique breaking the clinical trials in
California and with the more development in the coming years the AI technology
is very much prevailing in this industry.
Artificial intelligence technology is currently using in the various
industry but the usage of AI in the health care industry is different and
having a positive impact in many cases. Managing medical records and other such
data is important for both the service provider and service receiver moreover,
analyzing information is the most widely used application of artificial
intelligence. In addition, with this technology the repetitive jobs can be done
as analyzing tests, CT scans, X-rays and other tasks can all be done faster and
more accurately by robots. In the recent trend, the smartphone’s webcam is
partnered with AI to independently confirm that patients are taking their
prescriptions on time or not and help them more significantly to manage their daily
routine. In addition, with the help of AI technology the process of scanning
can spot vascular and cancer diseases as soon as they become danger and
instruct the patients related to health issues. According to the report analysis,
‘Health Care Business Review’ states that with the more innovations in this technology it
will lead the market growth more significantly and make the market more competitive
as AI is offering various advantages to the health care industry and the
innovation in the technology pushes the more solutions to save time, increase
in accuracy will be possible and it will also lower down the costs and others.
In North America, the use of artificial technology is growing very
rapidly and makes the market fruitful for the investors as well as all the
clinical player of this market. In addition, Europe health care market is also
doing more development in the application of artificial intelligence technology
and leads to the market growth. Furthermore, Asia Pacific region is also
dominating the market with the huge market share and doing effective
development which is very much profitable for the consumers.
General Vision, Inc., NVODIA Corporation, IBM
Corporation, Next IT Corp., Microsoft Corporation, Google, Inc., Stryker
Corporation, iCarbonX, Enlitic, Inc., Medtronic Plc., Oncora Medical, Inc and
others are the major players of this market. Whereas, in US Google, Inc., is a leading
player in the AI in healthcare market followed by Intel Corporation and
Microsoft Corporation. However, IBM Corporation is also dominating the market
with the more development in the applications of AI technology. With the
existence of numerous players in the market, market has been transformed into
highly competitive in nature and providing the various opportunities to both
investors and existing key players. Therefore, it is expected that in the
coming years the market of the AI in healthcare market will grow with the more
experiments and development in the technology.
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Research
Ankur
Gupta, Head Marketing & Communications
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