Health Care Market Research Reports-Ken Research

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Revolutionising Healthcare Using Artificial
Intelligence Market Outlook-Ken Research
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Overview Technological progress is rapidly
changing the basic work culture globally across
all fields to increase efficiency and output.
Developments in this field are a result of
extensive research not only in the literature but
also in the equipment. With development of
artificial intelligence (AI) the Health Care
Industry Analysis has greatly developed. AI is
the ability of computer algorithms to approximate
conclusions without direct human
interaction. Evolution The first research
relating to the healthcare sector dates back to
1960s to 1970s which led to the discovery of the
first expert system named Dendral which was aimed
at the study of hypothesis formation. An expert
system in AI refers to a system that uses the
decision making ability and logical reasoning of
human experts to tackle problems. AI research in
Organic Chemistry led to the discovery of MYCIN
which was an expert system that used AI to
identify bacteria causing severe infections such
as men ingitis and to recommend antibiotics with
the dosage adjusted for patients body weight. In
the 1980s and 1990s researchers and developers
began focusing on the idea that AI systems in
healthcare must be designed to accommodate the
absence of data and expertise. Further artificial
neural networks that were designed to understand
human brains based on data from animal brains
also began to develop.
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Further developments include Widespread growth
of electronic health record systems. Laser
technology is being developed to increase its
healing capacity beyond eye problems. Robotics is
used in the medical field by means of robot
assisted surgeries like coronary artery bypass.
Zeus and da Vinci robot systems are used in
gastrectomy and gynecology. Three dimensional
imaging is now available for ultrasound
procedures. AI is being coupled with
telecommunication to procure telemedicine which
involves the distribution of information and
medical consultation through electronic
media. Automated suturing is expected to be in
practice in the near future. Advanced imaging in
the form of laparoscopes is now used where the
internal abdomen can be extensively
viewed. Market Scenario AI is now another
investment opportunity for several medical
companies. The effort is towards expanding the
database of the healthcare market and with the
help of AI, to make it more accessible to the
general public. Majority of the investments in
healthcare related to AI are being made by tech
giants like Google, Amazon and Apple.
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Competition Healthcare is now coupled with AI to
produce revolutionary results. Since a nations
development is majorly indicated by its
healthcare sector, it is only natural to note
that competition has led to innovation. Ireland
based Medtronic is the largest medical device
company in the world serving more than 140
countries worldwide specializing in diabetes
management, cardiac rhythm monitoring and
surgical devices followed by New Jersey based
Johnson Johnson which is famous for its
orthopedic and cardiovascular fields. The German
company Seimens Healthineers is a leader in
medical imaging and laboratory diagnostics. Concl
usion Major technical and medical giants are
coming together to augment AI development.
Currently the AI sector is considered narrow
however the trend is changing as healthcare
market research reports reveal that a total of
550 AI startups were funded in the U.S. in 2016.
Healthcare industry analysis reveals a projected
growth rate of about 40 over the next 10 years.
Developments in Radiology and Cancer treatment
are being funded by giants like Google and IBM
further strengthening the integration of medicine
and technology. To know more, click on the link
below https//www.kenresearch.com/healthcare/gene
ral-healthcare/SC-91-64.html
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rket-report/142339-91.html Contact Us Ken
Research  Ankur Gupta, Head Marketing
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