The marketplaces for healthcare artificial intelligence (AI) tools, big data analytics solutions, and the Internet of Things (IoT) are positioned for growth. Health IT Analytics brought this interesting information to us in their article, “Healthcare Artificial Intelligence Market to Top $34B by 2025.”
Healthcare is not cheap. Reducing costs is the motive for many technological experiments and journeys. Some have paid off, some haven’t. The market for healthcare AI tools is expected to surpass $34 billion by the middle of the 2020s. This is driven largely by a growing desire to automate tasks and gather more valuable information.
AI applications are designed to address specific, real-world uses, which result in diagnosing, monitoring, and treating patients with a more efficient and comprehensive approach. Multiply this approach by the tens of thousands and it could result in better healthcare available to populations around the world.
Health information exchange (HIE) and interoperability solutions will be in high demand, as will supply chain management, workforce management, fraud detection, and consumer relationship management tools.
Melody K. Smith
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