Healthcare, including pharma, medical devices, healthcare providers, and payers, is a highly regulated industry, and therefore can be slow to adopt new technologies and modernise. However, the healthcare industry is realising the benefits artificial intelligence (AI) can bring, and it is now being used in different areas across the entire value chain. Additionally, its use in the healthcare space is expected to continue to increase in the next five years.
Leading hospital companies in AI
ML and data science are the two most important subsets of AI, and hospitals and payers must invest in these technologies across all parts of the value chain. AI can assist with treatment decisions for physicians and other healthcare providers by analysing patient data to recommend treatment plans or assist with diagnosis and screening, thereby reducing physician workload.
AI can also motivate and interact with patients and investing in conversational platforms for end users can help in symptom assessment, patient triage, and improving patient outcomes. AI can also be utilised in hospitals to provide an efficient and seamless patient experience that allows hospitals and healthcare professionals to treat more patients daily.
Discover the leading AI companies in the hospital industry
Using its experience in the sector, Hospital Management has listed some of the leading companies providing products and services related to AI.
The information provided in the download document is drafted for hospital executives and technology leaders involved in AI solutions.
The download contains detailed information on suppliers and their product offerings, alongside contact details to aid purchasing or hiring decisions.
Future of artificial intelligence in hospitals
GlobalData forecasts that the market for AI platforms for the entire healthcare industry will reach $4.3bn by 2024, up from $1.5bn in 2019. This will be driven by the use of AI by healthcare providers and payers, which is forecast to reach $2.9bn by 2024.