AI in healthcare has a vital role in the world right now. Pharmaceutical firms, hospitals, and healthcare clinics are widely using AI technologies to improve efficiency and accuracy.The global AI market in healthcare is growing rapidly and is estimated to reach $102.7 billion by 2028. A large amount of medical data is required for AI algorithms toperform well. This is one of the major challenges faced by artificial intelligence firms in the healthcare sector. However, AI startups in the healthcare sector have played an important role during the pandemic period. AI tools monitored patients remotely, and AI algorithms analysed contact data to identify potential exposure risks during COVID 19. During the COVID-19 pandemic, we came to understand the limitations of traditional healthcare systems and the importance of AI.
Use Cases
- AI-powered chest X-ray and CT scan analysis.
- Virtual assistants and chatbots for symptom and risk assessment, triaging patients, and directing them to appropriate care channels.
- Clinical Care and Resource Management.
- Chatbots provide mental health and support.
- Remote patient monitoring
- Analyse patients' health data to predict disease risk, give treatment plans, and improve prevention strategies.
- AI automation can help ease administrative tasks.
Challenges
- Data privacy and security
- Careful data selection and model validation are essential.
- Requires more computational resources and technical expertise for healthcare organisations.
Future Insights (2024)
- Early disease detection and prevention.
- Integration of AI with robotics and surgery.
- AI bots will provide mental health support, cognitive behavioral therapy, and personalized stress management techniques.
- Accelerate drug discovery and development.
Check out these 5 top AI tools that are currently at the forefront of innovation:
1. DeepMind AlphaFold
- The protein structure prediction tool from Google DeepMind helps with drug discovery and protein research.
2. Ada
- Evaluate symptoms and provide answers to medical queries.
3. Aetion
- Analyzes healthcare information to find hidden patterns, helping personalise medicine and prevent diseases.
4. BenevolentAI
- AI-enabled drug discovery tool.
5. iCAD (Intelligent Computer-Aided Diagnosis)
- AI to find early-stage cancer, with greater accuracy.