AI – Changemaker in the Healthcare Industry

how AI can be a changemaker in the healthcare industry

AI has infiltrated our lives in some way or the other, whether we know it or not. From the pricing of goods and services to self-driving cars and ads on websites, it is everywhere. But perhaps one of the most crucial impacts of AI has been in healthcare. That’s why AI can be genuinely a changemaker in the healthcare industry. 

Artificial intelligence has improved the healthcare industry across its spectrums. From drug discovery to identifying genetic markers, the research world’s frontier has benefitted mainly from deep learning models and algorithms. Creating epidemiological models or detecting disease in human beings has become more comfortable thanks to AI-based tools. As the volume of available medical data continues to increase at a staggering rate, artificial intelligence is poised to be the engine that drives improvements across the healthcare industry. 

The diverse ways in which AI has impacted healthcare shows its capacity at large to improve human lives. 

Clinical trials

Machine-learning driven tools have helped design experiments and produce robust results to make clinical trials both fast and efficient. [1] This significantly reduces the time taken to develop new treatment while reducing the cost. 

Medical Imaging

The impact of AI in medical imaging technology is almost unquestionable. Deep learning and computer vision algorithms have improved various medical imaging methods such as CT scan, MRI scan, ultrasound scan, etc. [2] 

Drug discovery 

Machine learning and deep learning technologies have discovered pharmaceuticals quicker, cheaper, and more effective. [3] Since the estimated price of developing a new treatment has been pinned to a staggering US$2.6 billion [4], the impact of ML and DL can be significant in making newly created drugs cheaper and more accessible. 

Medical devices and machines

In hospitals and other similar environments, smart devices are essential for monitoring patients. Using artificial intelligence to enhance the ability to identify deterioration, suggest that sepsis is taking hold, or sense the development of complications can significantly improve outcomes and may reduce costs related to hospital-acquired condition penalties. [5] 

Predicting health risks

This is another arena where machine learning models have a direct impact. Diseases that are almost always fatal if detected later but can be treated early on can significantly benefit early predictions. Cancer predictions and cardiovascular health risks are some of the areas where active research has been going on. 

Above are just a few examples of the impact of AI-based tools helping improve the healthcare industry. From doctors, emergency responders to pharmaceutical researchers – everybody can benefit from AI if the right tools are developed. 

At Aryng, too, we have successfully collaborated with clients from the healthcare industry. With BADIR, the AI models developed are more efficient and explainable. This is very important for the healthcare industry, where decisions are always at a high stake.

 

  [1]    Shah, P., Kendall, F., Khozin, S. et al. Artificial intelligence and machine learning in clinical development: a translational perspective. npj Digit. Med. 2, 69 (2019). https://doi.org/10.1038/s41746-019-0148-3

[2]    Wang, Jian & Zhu, Hengde & Wang, Shuihua & Zhang, Yu-Dong. (2020). A Review of Deep Learning on Medical Image Analysis. Mobile Networks and Applications. 10.1007/s11036-020-01672-7. 

[3]    Smalley, E. AI-powered drug discovery captures pharma interest. Nat Biotechnol 35, 604–605 (2017). https://doi.org/10.1038/nbt0717-604

[4]    https://www.nature.com/articles/d41586-018-05267-x

[5]    https://hitinfrastructure.com/news/how-the-internet-of-things-impacts-health-it-infrastructure

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