According to an analysis by Accenture, key clinical health AI applications can offer US healthcare economy the advantage of $150 billion in annual savings by 2026. AI is empowering healthcare at various levels by enabling machines to sense, comprehend, act and learn, so machines can perform administrative and clinical healthcare functions on their own.
AI is growing with an immense potential to unleash tangible benefits in cost, quality and access. AI market is expected to reach $6.6 billion by 2021, which accounts 40 percent annual growth rate. Considering the increasing demand for AI, many mobile app development companies in Dubai, New York, Bangalore and London have widened their service portfolio with AI services.
The Accenture’s analysis highlighted 10 AI applications, and according to analysis, these applications have the greatest near-term impact in healthcare.
Top 10 Healthcare AI Applications and the Total Values They Could Have By 2026
- Robot Assisted Surgery – $40B
- Virtual Nursing Assistants – $20B
- Administrative Workflow Assistance – $18B
- Fraud Detection – $17B
- Dosage Error Reduction – $16B
- Connected Machines – $14B
- Clinical Trial Participant Identifier – $13B
- Preliminary Diagnosis – $5B
- Automated Image Diagnosis – $3B
- Cybersecurity – $2B
Benefits of AI in Healthcare
Improve Workforce Productivity: AI can fill the gap of the rising labor shortage in healthcare. AI has the power to reduce burden on clinicians and give staff the ability to do their job more effectively and efficiently.
Institutional Readiness: Healthcare organizations can implement AI in formulating their organization’s structure and governance. AI-smart workforce and culture help enhance efficiency, quality and results.
Patient Care: AI can improve patient care by integrating health data across platforms. With access-ready data that can be accessed from anywhere, any device, doctors can understand disease well before that get aggravated.
Using Robot to Explain Lab Results: AI-powered robo can interpret lab results, including blood tests and genetic tests and deliver results that are easy to analyze and understand.
Emotional intelligence indicators: AI-based virtual assistants are heavily in use today. They are being made emotionally intelligent with natural language processing technology, so they can understand user behaviour better.
The Bottom Line
AI is changing the way how businesses operate and deliver results. The healthcare industry is one of the key industries that is leveraging AI to improve workforce productivity, enhance patient care and deliver true results. If you’re on the urge of leveraging AI, you’re suggested to collaborate with an expert AI app development company or mobile app development company who has deep understanding of AI concepts like machine learning, deep learning, NLP, and NLU.
Kasi, an experienced content writer working in a SEO company in coimbatore. I like to write content based on technology, startups and latest technological innovations that people like to know and share with others.