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Artificial Intelligence in Medicine Market - Development of High-Speed Digital Computers Booms Demands

Artificial Intelligence in Medicine Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2018 - 2026

 

Albany, NY -- (SBWIRE) -- 01/10/2019 -- Artificial intelligence (AI) has the potential to revolutionize any piece of work that can be operated via binary commands and has a finite set of possibilities. The concept of AI is currently being harnessed furiously, and the forever flourishing field of health care is leveraging it to attain greater goods for humanity. Now, artificial intelligence is touching almost every field of concern such as business, translation, advertising, photography, and many more. Artificial intelligence is also significantly being used in the health care sector.

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Furthermore, the application of artificial intelligence (AI) techniques to medical problems has been a goal of computing since the development of high-speed digital computers. Going forward, AI is estimated to aid not only in diagnosis procedures but also in drug development, devising personalized medicine, and closely monitoring patients.

A large number of pioneering technology vendors are currently involved in developing AI algorithms for the health care sector. Furthermore, the importance of computer-aided medical education is estimated to increase in the coming years. Medical educators, rather than computer scientists, are taking the lead in this selection process. Aided by careful studies, they are identifying deficiencies in the current (non-computerized) medical education process.

Artificial intelligence companies are growing at a much faster rate than expected. Technological giants in artificial intelligence such as Apple, Microsoft, Tesla, Google, etc. have predicted AI to be the technology of the future. Even these companies are surprised by the rapid growth of artificial intelligence. Furthermore, investment in AI has increased to over six times in the past few years.

Organizations are investing heavily in AI companies. This has sped up the research work process in the field of AI. Companies are now able to hire more resources, and this is one of the main reasons for the growth of AI companies. Business intelligence and analytics have also improved to a great extent, which is also important for the growth of AI companies.

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