How Asian startups can accelerate AI-led healthcare

Mumbai-based Qure.AI was able to train its artificial intelligence (AI) algorithm to analyse X-rays and head CT scans, develop two market-ready products, and obtain CE certification in three years, thanks to the India advantage. The advent of AI opens up many new possibilities in how the medical field thinks about patient care. In large and emerging markets like India, where doctors are in severely short supply, AI will help enhance the quality of patient care by automating tasks like reading diagnostic images, providing real leverage to doctors, especially in smaller towns. In developed markets like the US that are struggling to bring down the cost of healthcare, AI's ability to prompt timely interventions will both improve outcomes and reduce overall treatment costs. The sharp rise in investment in AI healthcare solutions illustrates the strong outlook and high level of interest in this space.