Artificial intelligence simplifies the lives of patients, doctors and hospital administrators by performing tasks that are typically done by humans, but in less time and at a fraction of the cost. One of the world's highest-growth industries, the AI sector was valued at about $600 million in 2014 and is projected to reach a $150 billion by 2026. Whether it's used to find new links between genetic codes or to drive surgery-assisting robots, artificial intelligence is reinventing -- and reinvigorating -- modern healthcare through machines that can predict, comprehend, learn and act. Check out these 32 examples of AI in healthcare. In 2015, misdiagnosing illness and medical error accounted for 10% of all US deaths. In light of that, the promise of improving the diagnostic process is one of AI's most exciting healthcare applications.
While robotic surgery already exists, the rapid rise of artificial intelligence advancing the medical industry means we're only going to see more of it. And leading experts say it's not as far off as we might think. Professor Dian Tjondronegoro, of Southern Cross University, has listed the top five ways we will see robots in medicine in the next decade. Virtual doctors could help us through our smartwatches, with their advice verified by a human doctor, alerting us to potential emergencies before they happen, saving the health system millions. And Prof Tjondronegoro said because the doctor-to-patient ratio was continually decreasing globally, AI was going to transform the future of healthcare.
Connected health, a socio-technical model for healthcare management, has done exceedingly well. From smart wearables that collect patient data to radiology tools with unparalleled imaging capabilities, digital solutions increase efficiency and accuracy while personalizing healthcare delivery. Eventually, artificial intelligence (AI) was thrown into the mix, resulting in a convergence of digital devices, health technology, and smart tools for connected care. In fact, the recent advances in AI open the door to broader possibilities for creating and sustaining highly efficient healthcare delivery systems. Frost & Sullivan's recent survey "Key Technology to Impact Healthcare in 2019" mentions AI and big data analytics as to the two underlying technologies that will define and disrupt the healthcare industry.