5 Ways Artificial Intelligence Can Save The Healthcare Industry

Technology May 5, 2021 at 14:48

Artificial Intelligence (AI) is a fascinating concept, and discoveries in the domain are evolving. The implications of introducing and ascending AI in healthcare have been much argued upon in recent years. These implications, both positive and negative, have allured specialists and laymen similarly time and time again.

Over the years, the world has witnessed the outcomes of AI in every aspect. While there have been some shortcomings, AI has been beneficial for protecting humankind. In terms of health, especially in concerns of life and death, the promise of artificial intelligence to enhance positive outcomes is very intriguing.

Medical science has progressed rapidly, boosting the longevity of humans. Healthcare systems face a growing demand for their operations, increasing costs, and scarcity of human resources that struggles to meet the needs of the patients. This initially led to the application of AI in healthcare. And now, the application has widened ever since.

AI-Assisted Robotic Surgery

Robots analyze data from pre-operation medical histories to supervise a surgeon’s instrument during surgery, which can lessen a patient’s stay at the hospital. Studies suggest that AI-assisted robotic procedures resulted in five times fewer complexities compared to surgeons operating alone.

Robots to Produce Drugs and Medicines

AI practices are also provisioning to the requirements of medical advancement. It has the potential to analyze subtle trends of medicine that can help scientists or researchers track drug development accurately.

Digital Consultation and Virtual Nursing Assistant

From interacting with patients to directing patients to the most effective care setting, digital consultation from real-life doctors has helped save patients from a distance. And a special aid to the digital consultancy is Virtual Nursing Assistants. Since virtual nurses are available 24/7, they can solve queries, monitor patients, and provide prompt responses.

AI Helps Identify, Forecast, and Diagnose Viruses

By analyzing recent trends, news, and symptoms in humans, AI can learn to detect an outbreak. AI has been used, majorly in developing countries, in the healthcare industry to identify, forecast, and diagnose viruses. It helps the best in fighting deadly viruses, which is a limitation to humans. A more recent example: Coronavirus AI solutions help front-line healthcare operators detect and observe the disease efficiently.

Drones to Deliver Medical Supplies in Future

One of the innovative applications of AI includes drones. Drones help deliver vaccines, medications, and supplies quickly to the patients, especially in outbreaks of life-threatening communicable diseases, like COVID-19. In the future, petite indoor drones could transport medicine to the bedside of a patient from the pharmacy, eliminating human interaction.

Market Insights Into AI in Healthcare Sector

The global AI in the healthcare market is expected to grow at a CAGR of 44.82% between 2020 and 2026 in terms of value. In recent years, there have been rapid advances in healthcare due to developments in computing power and the huge volumes of digital data that are now generated. Increasing the use of artificial intelligence to efficiently diagnose diseases is driving the growth of global AI in the healthcare market. AI is being used or trialed for a range of healthcare and research purposes, including detection of disease, management of chronic conditions, delivery of health services, and drug discovery.

AI deep-learning algorithms are being used to cut off the time it takes to diagnose serious illnesses. Furthermore, the growing importance of AI in administrative workflow assistance is also driving the market growth. Artificial intelligence in health care administration is effectively dropping administrative expenses, and helping healthcare providers dedicate more of their limited resources to patient care. On the other side, Artificial intelligence completely depends on digital data, thus quality and inconsistencies in the availability of the data restrict the potential of AI. Moreover, numerous apps that use artificial intelligence to offer personalized health assessments and home care guidance are currently in demand which creates opportunities for the market player.

There are still a lot of hurdles in the AI healthcare division like training and expertise of AI systems, a patient’s comfort, and so on. But, if we overcome all those issues, then AI can drastically transform the eternity of the healthcare industry. The future scope of AI in the healthcare segment is very luminous and promising.