The 5 most prominent ways AI/ML is redefining the entire healthcare industry
The global healthcare industry is embracing some form of artificial intelligence and improving its operations. Research says by the end of 2025, nearly 50% of healthcare organizations are going to implement some kind of AI into their everyday operations. McKinsey estimates that only in the United States, leveraging these advanced technologies like AI/ML in the pharmaceutical industry will generate nearly $100B annually. Healthcare software development companies are playing a crucial role in supporting and accelerating this massive technological shift. AI and ML are being used for R & D and drug discovery. They will capture more as digital transformation capabilities are accelerating globally. ML and AI are shaping the healthcare industry in a broad scenario. Let’s divide the entire scenario into some points for better understanding. Identifying diseases and diagnosis Due to continuously growing populations and increased life expectancy, healthcare...