Artificial intelligence is poised to make a major impact on healthcare and healthcare technology. Investment in the healthcare AI sector alone is predicted to reach $6.6 billion by 2021. By 2026, that number will balloon $150 billion. And there’s no doubt about the transformative power of artificial intelligence, however, in terms of healthcare, its restorative effects are truly life changing.
Today, there’s a term in healthcare called the “iron triangle.” The iron triangle refers to three combined factors that can have negatives trade offs: affordability, access, and effectiveness. Though closely interlocked, improving one area without neglecting another is very difficult—even in modern times. With AI, the healthcare is much better equipped to tackle these conundrums. Here’s how artificial intelligence will impact the future of healthcare tech:
One of the biggest benefits of AI in healthcare is the ability to predict potential issues and eradicate them before they become too serious. Machine learning is a major part of prevention intervention. With machine learning, computer systems are handed data and use statistical techniques to identify patterns over time and “learn” more about the information it processes. Doctors can use these targeted analytics to make more accurate diagnosis, spot potential issues before they arise, assess risks, and offer better treatment plans.