The potential of Artificial Intelligence in Healthcare Industry

1. The potential of Artificial Intelligence in Healthcare Industry March 30, 2023 Dash Technologies Inc Artificial Intelligence, Healthcare, Machine Learning, Technology About AI Artificial intelligence is a topic that, in its most basic form, integrates computer science and substantial datasets to facilitate problem-solving. Moreover, it includes the branches of artificial intelligence known as deep learning and machine learning, which are commonly addressed together.

2. How healthcare industry is changing by adopting technology? The following are some of the most riveting impacts of Artificial Intelligence in the healthcare sector: •Increased Interaction: Healthcare businesses now have better communication thanks to emerging technology. More number of medical professionals are using technology to communicate and advance the industry, including videoconferencing, AR/VR, etc., Moreover, teleconferencing has simplified communication across geographical boundaries. •Digital Health Records: Digital medical records assist in saving details of a person’s health history digitally, putting an end to the days of hefty files and tattered papers. Lab results, diagnoses, surgical procedures, prescriptions, and even information about hospital stays may be included in the digital summary. Better health insights provided by electronic medical data can lead to more precise diagnoses and higher-quality patient care. •Big Data: Medical accountants can quickly gather enormous data thanks to health technology. Healthcare practitioners can better comprehend and learn about modern methods and trends with the aid of data collecting. •Enhancing Patient Care: The healthcare industry now has cutting-edge instruments at its disposal to

3. enhance patient care. Physicians may quickly access a patient’s full medical history using EHRs and make educated decisions. AI applications in healthcare There are numerous AI applications in healthcare: •Medical Imaging: Using ML in healthcare and other algorithms may examine medical pictures such as X-rays, MRIs, and CT scans to assist radiologists in more accurately identifying anomalies. Furthermore, it can aid in the timely identification of illnesses like cancer. •Drug Discovery: By examining sizable databases of bioactive molecules and projecting their effectiveness in curing particular ailments, ML in healthcare can assist in the identification of possible medication candidates. •Customized Medicine: AI can assist in the development of individualized treatment recommendations for individuals according to their health histories, genetic makeup, and lifestyle choices. •Electronic Health Records: AI can examine EHRs to find patterns and trends that can assist physicians in making more educated decisions regarding a patient’s care. •VNA (Virtual Nursing Assistant): They can support patients in managing chronic diseases by reminding them to take their medications, exercise, or keep their scheduled appointments. •Predictive Analysis: With the help of AI, it is possible to estimate the risk that a patient will develop a certain disease, and to take preventative and early action measures.

4. •Robotics: AI-powered robots can support surgeons during operations by supplying real- time data and photos, enabling more accurate and effective surgery. Latest trends in the Healthcare Industry •Artificial Intelligence: AI is replacing traditional, labour and time intensive healthcare processes with quick, remote-access, and realistic solutions. To maximize the potential of AI, health-tech businesses provide digital platforms, APIs, and other digital goods. •Internet of Health Things: The creation of devices that require little to no human contact to deliver healthcare services is made possible by IoMT. Many AI applications, including automatic sterilization, smart diagnostics, and remote patient care, etc., are made possible by electronic medical equipment, and infrastructure. •Telemedicine: Several governments, healthcare systems, doctors, and patients adopted telemedicine more quickly as a result of the COVID-19 epidemic. Governments released telemedicine guidelines to relieve pressure on healthcare institutions as a response to the pandemic. •3D-Printing: In the healthcare sector, 3D printing is becoming more popular for a variety of uses, including producing bionics, casts for fracture rehabilitation, and lightweight prosthetics. Using the patient’s own medical imaging, 3D printing techniques are enabling the creation of patient-specific versions of organs and medical tools.

5. Challenges faced by healthcare in AI Adoption •Lack of standardization: The lack of consistency is one of the major obstacles to the use of AI in health sector. There are currently no accepted guidelines for the application of AI in healthcare settings. Both patients and healthcare providers may experience challenges as a result of this lack of uniformity. •Limited Data: In order to enhance patient care and outcomes, healthcare organisations have recently implemented AI. Limited data, however, is a serious obstacle in this effort. AI model training is challenging because health data is frequently segregated and difficult to access. •Adaptation to existing systems: Integrating AI with legacy systems is one of the difficulties in applying it to healthcare. Most legacy systems are built on antiquated technology that are unsuitable with more modern ones. Data interchange between these systems required for AI applications, may be challenging as a result. •High Costs: Another issue with implementing AI is its high cost across the board. Although AI has a wide range of potential applications in the healthcare industry, the high expenses associated with its development and deployment continue to be a major obstacle to its wide acceptance.

6. Pros and Cons of AI in the health sector Drawbacks of Artificial Intelligence in healthcare: Following are the drawbacks of AI in healthcare: •Enhanced diagnostic accuracy: A higher degree of diagnostic accuracy is possible thanks to AI software development and AI development services, which can evaluate vast volumes of medical data and support doctors in making precise diagnoses, particularly for complicated medical illnesses that can be challenging to identify with conventional techniques. •Improved treatment planning: Personalized treatment regimens can be made with the use of AI software development, AI development services and programs, which can examine patient data. •Reduced costs: Cost-effectiveness improvements and a decline in the demand for pricey diagnostic testing are two ways AI can assist save healthcare expenses. •Better patient outcomes: AI software development services and strategies can assist in identifying individuals who are at high risk of contracting major illnesses, allowing clinicians to take early action and perhaps stop the beginning of sickness. Benefits of AI in healthcare: Following are the benefits of AI in healthcare: •Risks to privacy and security: AI systems have the potential to gather and keep a lot of information on an individual’s health, which is susceptible to data theft and misuse.

7. •Bias and discrimination: If the dataset is not sufficiently varied, AI systems may reinforce current biases and discrimination. •Dependency on technology: As AI in healthcare grows increasingly important, there is a chance that healthcare workers will rely too heavily on it and lose sight of the importance of critical thinking. •Absence of human touch: While AI systems can offer a plethora of data and analytics, they cannot take the place of a patient’s potential need for a human touch and compassion. Conclusion: Future of AI in healthcare To conclude, the future of AI in healthcare are strong and AI has the capacity to transform healthcare. However, AI also faces considerable obstacles and potential threats, such as worries about privacy and security, reliance on technology, etc., To guarantee that AI is utilised ethically and responsibly, it is crucial to address Artificial Intelligence in healthcare with care and thoroughly assess its possible benefits and pitfalls.