Future Of AI In Healthcare: Top 5 Use Cases & Examples

The future of AI in healthcare and medicine will take over all routine tasks that are performed by physicians, administrators, and even patients. Compared to traditional healthcare services, AI-powered tools reduce the cost of service and offer high-level treatments in very less time. This was the core pillar for the increased deployment of AI in healthcare.

Artificial Intelligence applications in the healthcare sector are countless. AI technology is used to find new ways to develop new drugs. It was one of the most benefits of AI in the healthcare industry. Because the population is growing and at the same time, new diseases are also spreading.

In particular, various types of cancers are increasing the death count of the population. To overcome this challenge, something has to do in the healthcare sector. AI uses machine learning and deep learning technologies to find new patterns from the existing medicine, and thus it helps drug development companies to discover new drugs.
AI can truly augment every task of a medical professional that range from medical imaging and risk analysis to diagnose health conditions. Accordingly, the use of AI in developing healthcare robots is also helping doctors in multiple ways.

Not only these benefits but, Artificial Intelligence in the medical field has wide growth opportunities. Of course, growth opportunities will not come without investing, but, your investment should not drain. I mean to say, return on investment should always be positive for businesses.

With 20+ years of expertise in the industry, Hyena believes that investment in emerging technologies like artificial intelligence, machine learning, and other future technologies will always give profitable financial boundaries in this digital world.

With enormous power to unleash improvements in cost, quality, and access, implementation of AI in Pharmaceuticals and Healthcare is the best solution. Driven by huge benefits of AI in medicine and healthcare, the demand will be increased and the growth of the AI health market is expected to reach over $7 billion in the next two years. However, AI growth in healthcare is already accelerating across the world.

The below figure depicts the share of each Artificial intelligence application in the healthcare sector.

Now, we’ll discuss a few significant use cases of AI in healthcare that cannot be offered by traditional healthcare systems.

Benefits Of Artificial Intelligence In Healthcare

1. AI Helps to Reduce Manual Errors and Improve Diagnostic Process

The most exciting artificial intelligence healthcare applications help doctors to improve diagnostic procedures. Today’s healthcare industry, specifically in developed markets like the USA, is highly using AI for accurately predicting the patient’s disease faster than medical professionals do.

Accordingly, AI is also used for maintaining electronic healthcare records more efficiently than humans. As intelligent machines perform more accurate functions than humans, proper maintenance of a vast medical database may result in reduced errors.

Below is a list of a few healthcare companies that are using artificial intelligence to provide faster medical operations. Let’s have a look at it!

• PathAI

Location: Austin, Texas and Boston, Massachusetts

PathAI delivers an AI-powered pathology solution using Machine Learning (ML) and deep learning algorithms to assist pathologists in fast diagnosing and providing treatment for today’s challenging diseases.

• Buoy Health

Location: Boston, Massachusetts

Buoy Health has developed an AI-powered health assistant. Buoy’s AI assistant can listen to your symptoms and guide you take the proper treatment based on its diagnosis.

• Enlitic, Inc.

 Location: San Francisco, California

It is striving to build a bridge between human and emerging AI technology to advance the process of medical diagnosis. Enlitic’s AI tools easily work with any existing health system infrastructure to improve the quality and efficiency of medical imaging to diagnose and treat diseases.

The company’s Artificial intelligence tools using deep learning algorithms examine unstructured and diverse medical data such as X-ray images, blood tests, medical reports, and assist doctors to provide better treatment to their patients and improve outcomes.

• Freenome

 Location: San Francisco, California

The company is specialized in using Artificial Intelligence technology in diagnostic and blood tests to quickly identify and treat life-threatening cancer in its earliest stages.

These are just a few companies that are using AI in healthcare. But, multiple other leading research companies and biotech companies are using AI for improving the diagnostic processes and reducing errors in detecting disease.

2. Artificial Intelligence in Developing New Medicines

The use of AI in the pharmaceutical industry is gaining momentum for novel drug development and research operations. The drug development industry needs more money and time in developing and introducing new drugs into the market. Research, design, development, clinical trials, and patent approvals are all time and money consuming processes. It costs billions of money to bring a drug through clinical trials.

To improve drug efficiency and to reduce development costs, many pharmaceutical companies are using AI technology in their operations. #AI in pharma industry is widely adopting for drug discovery, potential patient identification for clinical trials, predictive forecasting for drug supply and demand, sales optimization applications are all a few key pharmaceutical use cases for embracing AI. Hence, the future of Artificial Intelligence in Pharma Industry has bight scope and streamlines operations.

Know more about top use cases for machine learning in pharma!

• Atomwise

Location: San Francisco, California

How it is using artificial intelligence in medicine?

The company is the best instance that uses Artificial intelligence for drug development. It is widely applying Artificial intelligence in medicine. The company is using AI in pharmaceuticals and healthcare functionalities to discover new medicines that help to treat Ebola and multiple sclerosis.

Atomwise’s AI platform can screen millions of genetic compounds and deliver results faster than traditional drug development enterprises. Hence, the future of AI in medicine for drug development has high scope.

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3. AI To Improve Patient Experience

Are you a healthcare service provider? Are you providing a great experience to your patients?
If not, start from now. Because when you provide a great experience to patients, you can achieve brand loyalty. Lack of proper service declines your brand in the market.

Artificial intelligence services and solutions for the healthcare sector will help you out in this regard. The benefits of artificial intelligence in healthcare are infinite. Artificial intelligence technology helps hospitals, doctors, as well as clinics to better serve their patients. Hence, the use of AI in the pharmaceutical industry or healthcare sector will reduces costs overheads and ensures out-of-the-box results that you could not imagine.

Just have a brief discussion on how AI is helping healthcare service providers to manage their patients’ flow efficiently.

• Qventus, Inc

Location: Mountain View, California

Qventus is the best AI-powered software that helps patients in overcoming operational challenges in the hospital. Starting from emergency departments and surgery units to patient safety, Qventus software efficiently manages the flow of in-patients and outpatients. Thus, this AI-powered healthcare solution makes decisions faster and improves service quality and experience.

Recommend To Read: AI Trends & Use Cases In pharma

• CloudMedX

Location: San Francisco, California

It is one of the top AI development companies in California, USA. CloudMedX’s AI platform uses ML algorithms to continuously track and manage the patient journey across the healthcare system. It helps hospitals better manage their patient’s data including date of admission, medical information, and also payment data. So, healthcare providers using these data can easily deal with patients when they discharged without any confusion.

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Like these, the benefits of artificial intelligence in healthcare. The healthcare companies can benefit from this kind of artificial intelligence applications to improve patient experience in real-time.

4. Artificial Intelligence To Manage Medical Information

The potential for artificial intelligence in healthcare will transform healthcare and administrative operations. The impact of AI in healthcare for digitally managing medical records is high.

The healthcare sector is one of the targeted industries for data hackers. It is highly prone to cyber-attacks. Hackers will always try to hack healthcare records to sell in the black market and earn profits from it. So, to efficiently manage medical data, specifically the data which is used for discovering new drugs and provide better diagnosis, Artificial intelligence makes sense here.

AI in medical fields gives tremendous benefits and better data management is one of them. Artificial intelligence in medicine helps to segment the vast medical database and make the data storage and access in a safe and secure ways.

Below are the few of the AI companies that deliver innovative AI solutions to better manage their vast medical data. Let’s start.

• Tempus

Location: Chicago, Illinois

Tempus recognized the Potential for artificial intelligence in healthcare. It believed that harmless integration of AI in healthcare will modernize healthcare functionalities more secure and easier.

Tempus’s AI-powered tools are engaged in collecting and processing vast clinical and molecular data of patients. This analysis helps doctors to provide personalized health treatments to their patients. The company is also using AI technology to continue its research and development function for cancer treatments.

• KenSci

Location: Seattle, Washington

How AI is transforming the future of healthcare industry? KenSci’s AI healthcare solution is one of the answers for this query.

The company has predicted the future of artificial intelligence in healthcare. Using big data and AI, KenSci has created intelligent solutions that predicts future health risks with ease.

The company’s AI-based risk prediction platform helps healthcare organizations detect clinical and financial risks by grouping diverse data from existing sources. The sources include electronic medical record systems, ADT (Admissions, Discharges, and Transfers), as well as financial data. This AI and ML-based risk prediction system can easily identify who is at risk and who needs medical attention immediately. Thanks to artificial intelligence!

• H2O.AI

Location: Mountain View, California

Artificial intelligence is rapidly transforming the healthcare industry. Here is another best example that reflects the potential for artificial intelligence in healthcare.

H2O.AI is one of the best AI companies specializing in building and delivering AI solutions. The company’s AI platform offers improved clinical workflows, analyzes patient risk, and also predicts ICU transfers. Using this solution, hospitals can ultimately achieve positive medical outcomes.

Therefore, top AI applications in the medical field like H2O’s solutions will help to automate the process of collecting, storing, and processing patient information, but also assist hospitals in enhancing their entire healthcare system by providing personalized treatments.

5. AI Robot-Assisted Surgery

This is where the future of artificial intelligence in healthcare matters a lot. Deployment of artificial intelligence services and solutions for the healthcare sector is a trend for automating end-to-end operations, including surgeries. Yes, the harmless integration of AI in healthcare devices will help physicians perform surgeries from remote locations by guiding AI robots.

In the recent past, the healthcare industry is observing a skyrocketing growth in performing robot-assisted surgical functions. The impact of AI in healthcare in the future on this application will be high. AI robot-assisted surgeries comprise less pain and quick recovery time.

Below are a few best AI healthcare companies that develop surgical robots.

• Auris Health (Redwood City, California)
• Accuray (Sunnyvale, California)
• Intuitive (San Francisco, California)

These are a few top AI applications in the medical field or healthcare. The demand for Artificial intelligence services and solutions for the healthcare sector is anticipated to generate million-dollar business for application developers. As we discussed in this article that the impact of AI in healthcare industry for automating every aspect of operations is positive.

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