What about the environment and science
AI applications in healthcare and medicine are a fairly evolving concept but it can spurt the healthcare industry towards a new direction of better patient care through effective diagnosis, treatment, and reduction in the time & cost of drug development.
What’s possible with AI is no longer limited to sci-fi novels & movies but we are sensing its presence already in real-life. Aren’t we witnessing the presence of AI in the IT and the Telecom sector already? Similarly, the healthcare sector is no longer behind in the race to incorporate AI for enhancing patient care.
In 2020 March, when WHO assigned the pandemic status to Covid-19, the health management system of the world was not only unprepared for it, it even stood on the brink of collapse in some third-world nations. It was then that disinfection robots, CDC’s AI-powered bots screening for Covid-19 infections, autonomous PPE deliveries, and AI-driven thermal scanners came into the picture to save the day.
Artificial intelligence in the healthcare market expanded at a rate of 167.1% from 2019 to 2021. By 2028, Vantage Market Research estimates that the global AI healthcare market will grow at a CAGR (compound annual growth rate) of 46.1%. Further, it is estimated to reach a valuation of $95.65 billion from the current value of $6.6 billion.
Therefore, let’s dive into the article to know about the ten AI applications in healthcare and gain a grasp of how the healthcare sector will undergo a paradigm shift over the coming years.
According to the book Artificial Intelligence in Medicine, “Artificial Intelligence itself can be defined as the technology that enables computers to perform more intelligently.” “Thereby, AIM (Artificial Intelligence in Medicine) refers to the Artificial Intelligence which is trained at performing medical applications.”
Computer vision, machine learning (ML), and deep learning (DL) are the sub-groups of AI. ML utilizes certain traits to identify patterns for analyzing specific situations. DL consists of algorithms to create an artificial neural network (ANN) to learn and make decisions analogous to human intelligence. Computer vision helps a computer gain more understanding from images and videos.
According to a 2018 report by Forbes, AI would most prominently be applicable in image analysis, robotic surgery, virtual assistants, and providing support for clinical decisions. Whereas, a 2019 report from McKinsey also highlighted other areas of application such as cognitive devices, targeted & personalized medicines, electroceuticals, and robotic-assisted surgery.
The below infographic explains the transition and evolution of AI in healthcare.

The integration of artificial intelligence into medicine and healthcare is beneficial in more than one way, and they are:

Check out these ten implementations of AI in healthcare and medicine.

Researchers are estimating that by the next decade a significant part of the world population would have access to their entire genome sequencing. An organism’s whole genome sequencing comprises 100 to 150 GB of data that can have varied utilities.
According to CDC, sequencing refers to the determination of the order of bases and whole genome sequencing (WGS) refers to determining the order of bases of an organism in a single process.
Deep Genomics is a Canada-based health tech company pioneering new treatment methods with AI.

The application of deep learning and artificial neural networks can aid in improving computer vision algorithms. This could play a pivotal role in enhancing the precision of surgical procedures.

Viz.ai is an Intelligent Care Coordination Platform that employs AI-powered solutions to save patient’s life by promoting coordination between multidisciplinary teams and frontline medical professionals.

As per ReportLinker, virtual nursing assistants can save the healthcare industry $20 billion in a year and is thereby regarded as one of the most brilliant AI applications in healthcare.

Clinical trials can sometimes be complete in six to seven years. As per a report by Grand View Research, the market size value of the global AI-based clinical trials solution provider was $1.3 billion in 2021 and is expected to grow up to 22% by 2030.

As per a study by Johns Hopkins, about one-third of deaths happen as a consequence of misdiagnosis or delayed diagnosis. Wrong prognosis is the most prominent cause of serious medical errors. In the U.S., about 12 million people face diagnostic errors each year and among them, about 40,000 to 80,000 people die.

The development of novel drugs is another incredible example of AI implementation in healthcare. The involvement of artificial intelligence in drug development can reduce the time taken to identify new therapeutic agents and the development timelines. Further, it optimizes R&D economics and increases the chances of success.

Google’s DeepMind Health is an AI software that can track and collect patient symptoms and help clinicians make a quick prognosis to initiate a faster treatment plan for the patients.

BenevolentAI is pioneering drug discovery and development by combining pharmaceutical science with deep learning and artificial intelligence.

Another brilliant use of artificial intelligence in healthcare involves better management of chronic conditions for diabetic, cardiac, and hypertensive patients with AI-enabled digital tools.
Here are the most prominent business groups that are vigorously working towards the incorporation and application of AI in healthcare.

In a recent study Adam Bohr and Kaveh Memarzadeh the factors that are supporting the application of AI in healthcare have been discussed:
An MIT-based lab researched extensively to create a sequence modeling for earlier detection of depression through speech pattern recognition.
Implementation of machine learning techniques could predict whether patients having type 2 diabetes are susceptible to developing further complications such as nephropathy, neuropathy, retinopathy, or early cardiovascular diseases.
Virtual health assistants could remind patients to take their medicines on time every day.
Predictive Oncology has declared its decision to launch an AI platform for achieving new diagnostics and producing vaccines with the help of 12,000 computer simulations per machine.
According to reports from Deloitte, Brookings, and SITN the risks that are going to arise with the full-scale application of AI in healthcare and their possible solutions are discussed below.
The use of artificial intelligence in healthcare involves the generation, collection, and reliance on a huge amount of patient data, clinical trial data, and pharmaceutical data. The following solutions can mitigate the risks arising out of data storage and sharing across organizations.
The Food and Drug Administration (FDA) reviews the commercially marketed AI products created for the healthcare industry. However, certain AI systems don’t fall under the FDA’s purview such as the ones that don’t typically cater to the field of medicine or are developed in-house by hospitals.
When it comes to approving clinical trials, the FDA sticks to stringent approval criteria. This requires full transparency around the data collection methods, and the scientific methods used to evaluate the results to reach conclusions. However, when it comes to relying on algorithm-generated conclusions regarding trials, then a lot is at stake. This is because many algorithms utilize complex mathematics that is not always easy to decipher and decode, thereby, being referred to as a ‘black box.’ Also, entrepreneurs, researchers, and organizations might not be willing to reveal their proprietary methods entirely.
With the implementation of AI in healthcare, a demand arises in the necessity to educate computationalists, healthcare professionals, and also patients. This is because the FDA and the other pharmaceutical regulatory agencies haven’t provided universal algorithm approval guidelines. Also, programmers creating the algorithms lack the knowledge of medical practitioners while clinicians and patients are not tech-savvy.
The use of AI in healthcare is still in its nascent phases and needs some time before clinicians, researchers, and patients fully get the hang of it. Artificial Intelligence is not yet fully ready to replace clinical training and judgement. It must only be used to improve the quality of patient care and to boost the productivity of healthcare professionals.
At this point, it is essential to ensure that providers and physicians are only incorporating AI in regular workflows. Additionally, AI is also accelerating the speed of pharmaceutical treatment development.
However, at this stage, health systems, organizations, and medical professionals should not begin depending too much on AI technologies so that they lose their clinical expertise. At the same time, AI recommendations must always be evaluated and monitored by clinicians before implementing them on patients.
Nowadays, there are multiple ways in which artificial intelligence is being used in the healthcare industry. To know more about it, read the above article.
The use of AI in healthcare offers numerous benefits. Most importantly, it is useful in implementing personalized patient care. Other than that, it is playing a key role in accelerating pharmaceutical research & development and boosting the productivity of the medical staff.
In the future, AI implementation in healthcare could range from chatting with patients, conducting medical record reviews, preparing analytical reports, reading and deciphering radiology images, making treatment plans, and reminding patients to take their medications on time.
Remedy Health is a San Francisco-based company which is the best AI healthcare company in the world in 2022.
Also Read: 12 Groundbreaking Recent Medical Discoveries
Pingback: Why Do Blind People Wear Sunglasses – An Expert Take