Machine Learning and Artificial Intelligence in Healthcare Market Projected to Witness Vigorous Expansion by 2019-2027 Intel, IBM, Nvidia, Microsoft, Alphabet (Google), General Electric, Enlitic, Verint Systems, General Vision, Welltok, iCarbonX – Market Expert24

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Artificial Intelligence (AI), machine learning, and deep learning are taking the healthcare industry by storm. They are not pie in the sky technologies any longer; they are practical tools that can help companies optimize their service provision, improve the standard of care, generate more revenue, and decrease risk. Nearly all major companies in the healthcare space have already begun to use the technology in practice; here I present some of the important highlights of the implementation, and what they mean for other companies in healthcare. AI, machine learning, and deep learning are already increasing profits in the healthcare industry. For example, according to research firm Frost & Sullivan by 2021, AI systems will generate $6.7 billion in global healthcare industry revenue.

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