AI is improving healthcare efficiency

Article Excerpt

The demand for healthcare products and services has been growing for decades. That trend should only continue as the population of the developed world grows older and medical services expand in the developing world. Meanwhile, significant new developments in the field of medical technology, including the use of artificial intelligence (AI), should add to the outlook for suppliers of healthcare products and services. In the next section, we summarize some of the main developments in the field of AI, and its usefulness for the healthcare sector. Artificial intelligence comes to healthcare The data-processing and predictive capabilities of AI let health professionals better manage their resources and take a more proactive approach to various aspects of healthcare. With these technologies, doctors can make quicker and more accurate diagnoses, patients can receive more timely and personalized treatments, and scientists can speed up drug discoveries. Here are some examples: Medical diagnosis: The promise of improving the diagnostic process is one of AI’s most exciting healthcare applications. Artificial intelligence can aid…