Artificial intelligence in healthcare a billion industry

Artificial intelligence systems are at the forefront of the healthcare revolution, with the market forecast to earn revenues of more than $6 billion. Selecting the right solution partners and business models is crucial for vendor success. That’s according to new research from Frost & Sullivan, who says changes in healthcare delivery methods, timelines and payment options are requiring the adoption of innovative tools to manage patient information and make decisions. AI facilitates greater accessibility, relevancy and actionability of healthcare information. According to the research, Artificial Intelligence & Cognitive Computing Systems in Healthcare, the market earned revenues of $633.8 million in 2014 and estimates $6,662.2 billion in 2021 at a CAGR of 40%.The analyst firm says clinical support from AI will strengthen medical imaging diagnosis processes. In addition, the use of…


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