Nowadays, AI is commonly used in different industries especially in sectors that involve big data wherein AI can quickly process and continue to develop them. If you follow the headlines, you will feel that AI has much advanced and rather not directly related to you. However, recently, AI has been applied to a matter closely related to us which is healthcare. It is now playing a part in the medical industry. Today, Digital Ventures will show you how AI can benefit our health.
Why should HealthTech depend on AI?
HealthTech is a group of technology that has been developed for holistic healthcare purposes such as innovation for health check-ups, treatments, and financial matters relating to healthcare. HealthTech startups are also another area with large investments of up to several billion USD annually and with an increasing trend.
What follows medical development is big data from research and medical treatment history. As HealthTech develops, medical data undergoes a massive increase. This includes data stored by the government, detailed to the DNA level, which is already piloted in Estonia, the USA, and the United Arab Emirates. It is estimated that medical data worldwide will reach 2,314 million terabytes by 2020.
Such enormous data is a burden to doctors and personnel who need to reference them in order to effectively treat patients. At the moment, technology in data management and AI that learn from big data proves suitable to work alongside the medical industry.
The benefits of AI are not only confined to utilizing big data but rather they are able to make decisions and offer solutions from existing data. They are capable of adding and enhancing data to the system and arriving at the accurate treatment. Therefore, there are suggestions for providing research, case studies, and treatment outcomes from all over the world for AI to learn and process diagnose options. This not only can provide accurate solutions, but also saves time, reduce costs, and is appropriate for remote areas.
Let us take a look at how advanced AI innovations in the HealthTech industry are.
Google introduces heart disease reports created by eye scans.
Let’s begin with Google, the world’s tech giant. They are very mindful of HealthTech. They have invented an AI that is used for health check-ups via an eye scan. The results are quite detailed. It is able to define blood pressure, age, or even smoking habits. It is able to report most health conditions relating to heart disease without having to take one drop of blood. This can clearly help to reduce procedures and costs. This technology is made possible by scanning the eyes of over 300,000 samples and using AI to compare, analyze, and process the report.
A portable screening device for remote areas.
AI can also provide medical treatments in remote areas via the cloud technology, similar to what is happening in India. An Indian startup named SigTuple has designed a portable screening device that connects to the internet and AI. Doctors will take blood or body fluid from the patient and place it in the device. The device will detect the specimen and send the data to the AI for analysis. Once AI has completed the analysis, it will send the report back to the doctor. If it is found that there needs to be further treatment, the AI will inform the hospital to pick up the patient. Also, it will send the preliminary report to the hospital, all of which, will be completed in 5 minutes.
Telemedicine, preliminary screening without having to meet your doctor.
Aside from diagnosing complex or emergency cases, AI can also help us in our everyday lives. Today, there are several startups who have developed Chatbots that can reply to questions relating to preliminary screening. Interestingly, they are quite accurate as they are integrated with AI. Examples are the UK’s Babylon Health and Germany’s Ada Health. They have created a platform for preliminary screening that works with AI and uses Telemedicine. Users will be asked preliminary questions and AI will define whether they need to see the doctor. If yes, they can immediately video call to the doctors in its network.
A system that designs health insurances especially for each person.
Aside from directly caring for our health, there are also startups that utilize AI for health insurance management. An example is Oscar, a US-based startup that uses AI to individually design health insurance for their clients. Matching the right doctor with the right client, not only makes treatment efficient but also helps save costs for the whole system in the long term.
It is obvious that AI is working to embrace the whole HealthTech ecosystem. With the current big data trend, AI will become even more efficient. Surely, HealthTech will give human better treatments as a result of advanced technology development.
Reference and image: cbinsights.com, techinasia.com, wareable.com, sigtuple.com, medgadget.com