The Precision Medicine World Conference will be one of the most exciting conferences focused on AI in healthcare in 2018. CEOs of cutting edge companies from around the world will come together to discuss how they are using techniques such as computer vision, deep learning and machine learning to make big advances in medicine from drug discovery to patient diagnosis and treatment. The program will traverse innovative technologies and clinical case studies that enable the translation of precision medicine into direct improvements in health care. Attendees will have an opportunity to learn about the latest developments in Precision Medicine and cutting-edge new strategies that are changing how patients are treated.

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.

Employing a wealth of digital information, healthtech startups around the world are harnessing powerful technologies to create healthcare products and services that benefit patients and providers alike. Check out 40 emerging healthcare companies on the cutting-edge of modern medicine.

Healthcare industry trends that we witness today are new technologies and solutions that address the requirements for clinical diagnosis, treatment, and disease management. The global COVID-19 pandemic led to an upsurge in technologies for disinfecting, limiting transmission, detecting disease spread, as well as for treatment, patient management, and immunization. The advancements in the healthcare industry range from e-consultations, telemedicine, real-time diagnosis to accessing digital therapeutics provided by immersion technology tools. Genetic analysis, clinical data storage, and big data & analytics enable the development of precision medicine. The adoption of artificial intelligence (AI), the internet of things (IoT), and data management practices is making hospitals smarter. These solutions enhance workflows and staff scheduling and provide connected infrastructure, devices, and systems to accelerate accurate and equitable clinical services. For this in-depth research on the Top Healthcare Industry Trends & Startups, we analyzed a sample of 3.622 global startups and scaleups.

No one doubts that artificial intelligence has unimaginable potential. Within the next couple of years, it will revolutionize every area of our life, including medicine. Although many have their fears and doubts about AI taking over the world, Stephen Hawking even said that the development of full artificial intelligence could spell the end of the human race. However, I am fully convinced if humanity prepares appropriately for the AI-age, artificial intelligence will prove to be the next successful area of cooperation between humans and machines. Concerning healthcare, artificial intelligence will redesign it completely – and for the better.