According to a report by GlobalData, the market for AI platforms in the healthcare industry is expected to grow to $4.3 billion by 2024, up from $1.5 billion in 2019. This growth can be attributed to the integration of digital health tools and technologies, such as AI and machine learning, due to the impact of Covid-19 on the healthcare industry.
Companies are already implementing high-tech solutions to improve healthcare systems. For example, Genomic Vision, a French biotechnology company, has launched FiberSmart, a technology that visualizes and analyzes long DNA. This has the potential to improve the accuracy and efficiency of genetic disease diagnosis and treatment, leading to better patient outcomes and reduced healthcare costs.
The integration of AI and ML to analyze large amounts of data is transforming the healthcare industry, improving diagnoses, identifying new treatments and therapies, and predicting and preventing disease outbreaks. The increasing demand for innovative solutions that can improve patient outcomes and reduce costs is driving the growth of the market for AI platforms in healthcare.
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