AI in healthcare: Top 7 Transformative Examples and Benefits

Artificial Intelligence is transforming various industries, and Healthcare is no such exception. AI in Healthcare offers several advantages to healthcare organizations, from diagnosis and healthcare assessment to treatment procedures.  

As the amount of data in healthcare is growing, healthcare professionals need AI tools and ML algorithms to provide better care to patients.  

This blog provides an overview of Artificial Intelligence in Healthcare and the top 7 benefits you would get by leveraging AI in Healthcare. 

Overview of AI in Healthcare 

AI in Healthcare uses machine learning algorithms, natural language processing, and deep learning to simplify patients’ lives. 

It helps doctors and nurses to smoothen their daily operations and allows them to provide accurate diagnoses and treatment plans for patients. 

With the help of AI, medical professionals can make informed decisions by analyzing data from various sources, predicting and tracking the spread of infectious diseases, and improving the life of patients.  

By looking at statistics, you get to know the potential of AI in the healthcare industry.

Research studies show that the global AI market size in the healthcare industry was valued at approximately $19.68 billion in 2023 and is projected to reach about $183.56 billion by 2030.

Various companies, including Google and IBM, are working towards developing AI algorithms.  

Today, AI in Healthcare is being used in various areas such as drug discovery, analyzing medical images, disease prevention, and performing clinical trials.   

Top Use Cases of Artificial Intelligence in Healthcare  

Here are a few examples of how AI is revolutionizing the healthcare industry-  

1. Automates Administrative Tasks  

AI in healthcare helps healthcare professionals get rid of mundane and repetitive administrative tasks.  

For Instance – Medical chatbots (AI-driven software) provide real-time assistance to patients along with sharing information about basic procedures. 

AI is there to reduce staff workload and streamline business processes. Furthermore, this technology is assisting doctors in shifting their focus to solving complex problems, saving their hours, and improving patient engagement.  

2. Robotic-Assisted Surgery  

AI provides surgeons with new eyes, and robotic-assisted surgery is becoming a trend. Many hospitals are leveraging Robotic surgery to perform complex procedures, which offers smoother resolution in post-recovery for patients.  

For Instance – Maastricht university medical center uses AI-powered robots to suture blood vessels no thicker than 0.03 millimeters. Furthermore, Artificial Intelligence in Healthcare and medicine is helping doctors and surgeons access real-time information and insights about patients’ health status. 

3. Online and In-person Consultations  

AI applications in healthcare are changing the way doctors conduct consultations. In the current era, it’s becoming difficult for people to visit the doctor’s clinic, especially when they are stuck with their 9 to 5 schedule.   

So, relying on digital consultation is another choice available to those people, enabling them to receive health assistance remotely.  

For Instance – Babylon is an app that uses AI to conduct in-person and online consultations. This app identifies the symptoms of patients against the database of diseases.   

Thus, an increasing trend of online consultations reflects that most patients are willing to engage with AI and robots. 

4. Detects Fraud 

Healthcare frauds are increasing day by day. With the help of AI-powered fraud detection systems, AI is helping healthcare professionals to detect scams and stop fraud when it happens.

According to US Justice Department projects, around 3% of healthcare insurance claims are fraudulent, leading to a $100 billion loss annually.

AI in Healthcare is there to detect anomalies in healthcare data, analyze the data, and look for similar patterns to identify healthcare fraud. With this technology, it’s possible to detect invalid claims and speed up the processing of valid ones.  

5. Cancer Detection 

If you ask someone about cancer treatment, people prefer to choose a medicine for curing cancer treatment. But cancer is never a disease. Instead, it is brought by a gene mutation.   

For Instance, ML–based systems are the best when diagnosing cancer; a group of radiologists’ eyes can’t see everything. An AI model is used to identify the cancerous modules in the patient’s body. Detecting cancer using AI tools is likely to increase the survival rate of patients.  

6. It Helps Radiologists Read Images Faster 

According to the American Department of Radiology, “It has been observed that AI adoption has increased significantly from 0 to 30% from 2015 to 2020.

AI supports radiologists with image segmentation and quantification in radiology. 

Often, radiologists struggle to come up with valuable insights. 

AI in Healthcare makes the job of radiologists easier as they can leverage Machine learning models to analyze CT scans and MRIs to track abnormalities.

7. Precision Medicine  

Artificial Intelligence in Healthcare is helping healthcare organizations to analyze massive sets of databases to identify patterns and associations to make personalized treatment decisions.  

According to a Precedence research report, the global precision medicine market was 1.74 billion USD in 2022 and is projected to increase by 16.91 billion at the end of 2032.  

For Instance – AI can tell doctors what happens in the cell when DNA is changed through genetics, whether therapeutically or naturally. 

Also Read:- Benefits of Blockchain in Healthcare Industry

Benefits of AI in Healthcare  

Here are a few benefits of AI in Healthcare-  

1. Increases Efficiency of Diagnostic Processes  

AI algorithms can process large amounts of data, making it easier for healthcare professionals to diagnose diseases. 

For Instance – With the help of AI models, doctors analyze medical images such as X-rays and MRI scans to identify patient symptoms if there is an extreme level of risk and provide an accurate diagnosis. Of course, AI is not there to replace human beings, but it makes the processes more efficient.  

2. Better Patient Care  

Research studies describe that 83% of patients revealed poor communication as the worst part of patient experience in 2020.

Implementing AI in Healthcare automates communication process by eliminating tedious yet repetitive tasks such as managing appointments, payment issues, reminders, etc.  

Thus, AI saves most of the time, and lets doctors spend most of their time providing treatment to patients. 

Besides, AI-equipped technology analyzes large amounts of data, gets reports and instructs patients where to go, provides accurate diagnoses, and develops effective treatment plans.  

3. Reduces Overall Costs for Healthcare Providers  

The healthcare industry provides high-quality treatment to patients at a lower cost. To deal with such issues, healthcare professionals can leverage AI technology to automate routine tasks and let the staff focus on complex tasks.  

In addition, AI in Healthcare is a blessing for healthcare providers to diagnose and treat patients.  

For Instance – Hospitals are doing X-rays by leveraging AI to identify signs of disease, which helps doctors reduce unnecessary tests and procedures, reducing the overall cost to healthcare providers. 

4. Drug Discovery  

Another advantage of AI in Healthcare is drug discovery. With the help of AI, researchers can extract hidden insights by analyzing large chunks of data. AI helps in drug discovery by forecasting how a drug will interact with specific proteins.  

Moreover, Artificial Intelligence in Healthcare analyses thousands of images, removes repetitive tasks, and saves hundreds of person-hours in the laboratory.  

5. Health Monitoring and Digital Consultations  

AI allows people to keep track of their health. Various wearable devices, including fitness trackers and smartwatches, are used to collect information about an individual’s health. Thus, AI helps individuals analyze their health in real-time and provides expert assistance.  

6. Error Reduction in Prescriptions 

Medication errors have been increasing and have become a significant concern in the healthcare industry. A recent study found that around 1.5% of prescriptions need to be corrected, but if you look at the total number of prescriptions filled in the US by 2022 was 4.76 billion.  

By looking at the data, you can understand that a steady rise in prescription errors will likely impact patients’ health. With AI-powered systems, prescription errors will be reduced, and prescriptions will be filled correctly.  

7. AI Assists Doctors in Surgery 

The advancement of AI robots leads to the development of AI surgical systems which can perform complex operations with reduced errors, pain, or blood loss.   

 Surgeries have been made easier using healthcare robotics, allowing surgeons to perform complex surgical operations.   

Harward conducted research studies to examine differences between robotic and conventional surgery and concluded that patients were exposed to low pain and fewer complications with AI-assisted surgery.  

Conclusion  

Now, you get various insights about AI revolutionizing the healthcare industry.   

Although AI has a huge potential in the healthcare industry, it often comes with a few challenges, such as providing good quality inputs to AI and training your staff on how to get valuable insights out of AI.  

Undoubtedly, AI will be the future of healthcare, so healthcare professionals need to adopt AI technology solutions to provide better Healthcare to patients.  

Need help in developing AI/ML development solutions? At BigOhTech, we have a dedicated team of skilled experts who use the latest AI tools and technologies to develop next-generation AI/ML apps while ensuring 100% customer satisfaction. 

Head over to the contact us section on our website to take advantage of our expertise.  

FAQs  

Q1. Is AI replacing doctors in healthcare?  

Sangita Reddy (Managing director of Apollo Hospitals) said that AI won’t replace doctors, but doctors who won’t use AI will likely get replaced. She said – “We need doctors to provide holistic patient care.”   
AI is a blessing for doctors; doctors should know when to use this technology to get valuable insights. For Instance –Apollo Hospital launched a clinical intelligence engine, an AI engine to help doctors provide appropriate care. 

Q2. How does AI benefit Healthcare?  

AI in Healthcare offers various benefits, which are as given below-  
It increases the efficiency of diagnostic processes:
1. Better patient care  
2. Reduces overall costs for healthcare providers  
3. Drug discovery  
4. Health monitoring and digital consultations  
5. Error reduction in prescriptions  
6. AI assists doctors in surgery  

Q3. What are the applications of AI in Healthcare?  

Here are a few applications of AI in Healthcare-  
1. Automates administrative tasks  
2. Robotic-assisted surgery  
3. Online and in-person consultations  
4. Detects fraud  
5. Cancer detection  
6. Helping radiologists read images faster  
7. Precision medicine 

Q4. What is the impact of artificial intelligence on healthcare? 

Ai is going to revolutionize the healthcare sector in the following ways-  
AI plays a significant role in doing drug discovery process.  
It will expand access to healthcare in developing regions where there is a shortage of trained healthcare providers and radiologists.  
More and more smart devices are used in the medical environment to monitor patients in ICU.