Healthcare seems to be top of the to-do lists of CEOs of tech's biggest companies: Amazon is launching its own healthcare business, Apple's turning the iPhone into a patient engagement and diagnostics tool, while Google's parent company Alphabet is betting heavily on healthcare through its investment arm, AI and analytics. And the other big tech giant isn't getting left behind either: Microsoft has also got big plans. It's been looking at healthcare in the hope that technology could play a role in helping to address some of the health industry's most pressing problems. Here's a look at the best, most advanced fitness trackers for runners, athletes, and pros. "Some of the longest-standing challenges are around disconnectedness of data, disconnectedness of care teams, and frankly disconnectedness of patients to their own care," says Tom McGuinness, corporate VP of global healthcare & life sciences at Microsoft.
UCLA Researchers have developed a method to change the apparent race of faces in datasets that are used to train medical machine learning systems, in an attempt to redress the racial bias that many common datasets suffer from. The new technique is capable of producing photorealistic and physiologically accurate synthetic video at an average rate of 0.005 seconds per frame, and is hoped to aid the development of new diagnostics systems for remote healthcare diagnosis and monitoring – a field that has expanded greatly under COVID restrictions. The system is intended to improve the applicability of remote photoplethysmography (rPPG), a computer vision technique that evaluates facial video content to detect volumetric changes in blood supply in a non-invasive manner. Though the work, which utilizes convolutional neural networks (CNNs), incorporates previous research code published by the UK's Durham University in 2020, the new application is intended to preserve pulsatile signals in the original test data, rather than just visually changing the apparent race of the data, as the 2020 research does. The first part of the encoder-decoder system uses the Durham race transfer model, pre-trained on VGGFace2, to generate proxy target frames with the prior Caucasian-to-African component of the Durham research.
Women may make up half of the world's population, yet the technological innovations designed specifically to target women's health have been more than lacklustre. However, there is no denying that the female technology (femtech) sector, which has long been underfunded and overlooked, is having a real moment. Increasingly, mobile health solutions, telehealth, and wearable devices are being made readily available to address everything from menstrual care, fertility, pregnancy care, to menopause and geriatric care, and general health and wellness. Frost and Sullivan predicts the global femtech market revenue will increase at a compound growth annual rate of nearly 13% and reach $1.1 billion by 2024. Separately, BIS Research forecasts by 2030 the sector will hit $3.04 billion. Despite the expected uptick, the constraints for founders who are looking to break into the market -- and who so happen to be mainly women -- are still very real and apparent.
Technologies like Artificial Intelligence, Big Data, Machine Learning, Telemedicine, Virtual Reality, Augmented Reality, and the Internet of Things play a vital role in shaping the future of Health Tech. The goal is to make it easy for humans to take care of themselves and their overall health. In this article, we'll discuss some of the ways AI, Telemedicine, AR, VR, IoT, and 3D technologies are improving healthcare and have become the driving forces of some medical technologies. One of the top technologies causing a radical change in health tech is Artificial Intelligence. AI is the backbone of all modern emerging technologies.
LICENSING INFORMATION If your hospital is listed above, you can find out more about the licensing options visiting the Statista website. METHODOLOGY The World's Best Smart Hospitals 2021 ranks the 250 medical institutions that are the world leaders in the use of smart technology. The ranking is based on a survey which included recommendations for hospitals in five categories: Digital Surgery, Digital Imaging, Artificial Intelligence, Telehealth and Electronic Medical Records. These recommendations came from both national and international sources. Statista's complex methodology ensures the quality and validity of the ranking.
This is the consensus view of an MIT Technology Review Insights survey of 210 members of technology executives, conducted in March 2021. These respondents report that they need--and still often lack-- the ability to develop new digital channels and services quickly, and to optimize them in real time. Underpinning these waves of digital transformation are two fundamental drivers: the ability to serve and understand customers better, and the need to increase employees' ability to work more effectively toward those goals. Two-thirds of respondents indicated that more efficient customer experience delivery was the most critical objective. This was followed closely by the use of analytics and insight to improve products and services (60%).
It's probably no surprise that money is pouring into life sciences and healthcare startups during the biggest medical crisis in a century. CB Insights reported that global healthcare funding hit a new record $31.6 billion in this first quarter of 2021. It's also no shock that the two biggest trends – artificial intelligence and telehealth – also reaped record amounts of private cash. AI healthcare startups raised nearly $2.5 billion, while telehealth companies did even better by netting $4.2 billion in equity funding. That's the third consecutive quarter to hit record highs in both sectors dating back to Q3'20.
"Digital transformation since the pandemic has been massive. Telehealth has gone from being a novelty to a necessity. Having said that, we need to be reliant on healthcare institutions to get cured and we need technology to make it better," said Mitali Dutta, head of data science and predictive analysis, group IT information and data management, Philips Innovation Campus, at her session at The Rising 2021 by Analytics India Magazine. She pointed at a rise in chronic diseases and healthcare costs, a scarcity of healthcare professionals in India. According to Dutta, the healthcare industry has to focus on the following four aspects, which she called Quadruple AIM of India's healthcare system: To achieve all the above, India needs artificial intelligence.