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Patient-Centric Approach: AI in Healthcare Market Analysis

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The global artificial intelligence (AI) in healthcare market is anticipated to expand at a CAGR of 36.28% over the forecast period of 2024 to 2032. Read more – PowerPoint PPT presentation

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Title: Patient-Centric Approach: AI in Healthcare Market Analysis


1
Patient-Centric Approach AI in Healthcare Market
Analysis According to Inkwood Research, the
global artificial intelligence (AI) in healthcare
market is anticipated to expand at a CAGR of
36.28 over the forecast period 2024 to 2032. AI
in healthcare capitalizes on artificial
intelligence technologies to enhance healthcare
outcomes, improve patient care, and increase
operational efficiency through data analysis and
automation.
The World Health Organization (WHO) is
fundamental in this domain it establishes
ethical standards, promotes research, and fosters
global collaboration in AIs healthcare
applications. In the Asia-Pacific, countries like
China and Thailand substantively emphasize
chatbots and machine learning in
healthcare. Further, machine learning startups
in the region are leading the way in utilizing AI
to improve decision-making, optimize operations,
and enhance patient experiences. This coordinated
effort reflects the global commitment to
harnessing AIs potential to transform healthcare
delivery and improve overall health
outcomes. Request a FREE sample of the AI in
Healthcare Market S.A.R.A.H WHOs Initiative in
AI in Healthcare Market Have you ever imagined
developing a better understanding of risk factors
for
some of the leading causes of death in the world
through AI?
2
Heres how the World Health Organisation is
facilitating this The World Health
Organization (WHO) plays a pivotal role in
advancing AI in healthcare, as evidenced by the
recent launch of S.A.R.A.H. (Smart AI Resource
Assistant for Health) on 2nd April 2024. This
digital health promoter prototype, powered by
generative AI, is a significant step towards
employing digital technologies to improve access
to health information globally. S.A.R.A.H.
engages users in 8 languages on various health
topics, providing personalized and empathetic
responses in real time. This initiative aligns
with WHOs commitment to ensuring that all
individuals have the right to access accurate and
reliable health information. By leveraging modern
technology like generative AI, S.A.R.A.H.
delivers information and fosters meaningful
conversations, mirroring human interactions. The
development of S.A.R.A.H. underlines WHOs
dedication to continuous learning and refinement
in the field of digital health. This prototype,
supported by Soul Machines Biological AI, is a
demonstration of AIs potential to narrow health
inequities and promote well-being globally.
However, WHO also stresses the need for ongoing
research to address ethical concerns surrounding
AI in healthcare, including equitable access,
privacy, safety, and data accuracy. Through
projects like S.A.R.A.H., WHO is facilitating
reliable, responsible, and accessible health
information dissemination. Moreover, ensuring
this technology benefits all individuals while
upholding the highest standards of ethics and
evidence- based content. Thailands HD
Improvising Patient Outcomes in AI in Healthcare
Market Chatbots are crucial in AI-driven
healthcare, assisting in tasks like patient
communication, appointment scheduling, medical
inquiries, and data analysis, ultimately
enhancing patient care. In line with this,
Thailands HD, a healthcare startup known as the
Airbnb for surgeries, is venturing into AI
within healthcare following a 5.6 million
funding round. This expansion into AI is
supported by notable investors such as SBI Ven
Capital, Kyobo Securities, NTU Singapores
NTUitive, M Venture Partners, Febe Ventures,
Partech Partners, Ratio Ventures, Orvel Ventures,
and TA Ventures. Their recent Series A funding
enabled HD to expand into Vietnam earlier, and
now the country is focusing on launching an
AI-powered chatbot. This chatbot is designed to
handle routine queries and will free up staff for
more complex issues while ensuring
round-the-clock customer service. Additionally,
the chatbot will streamline tasks and improve
patient outcomes throughout Southeast Asia. HD
aims to train the chatbot using anonymized
healthcare data and integrate it into HDmall
within three months, with plans for
further deployment in hospitals and clinics by
the 2024 end.
3
Despite projecting profitability post-pandemic,
HDs funding strategy harmonizes with leveraging
lower acquisition costs amid evolving market
dynamics. The growing accessibility of AI, in
companies like OpenAI, is rebuilding the
healthtech landscape. This transformation is
evident in the anticipated 11 budget allocation
for AI across diagnostics, drug discovery, and
patient engagement in the country.
  • Market Position As per Inkwood Research,
    Thailand artificial intelligence (AI) in
    healthcare market is predicted to develop at a
    CAGR of 36.88
  • Get CUSTOMIZED market insights delivered right to
    your inbox!
  • Progressive Reconstruction in AI in Healthcare
    Alipays Medical Assistant
  • Alipay, a prominent Chinese payment app and
    digital wallet, has introduced an innovative
    solution in healthcare called the AI Medical
    Assistant.
  • This visionary tool utilizes AI large models and
    digital human technology, including virtual
    avatars, to revolutionize how patients interact
    with doctors and access medical services.
    Further, the assistant is designed to seamlessly
    assist users throughout their healthcare
    procedure, from pre-treatment to post-
  • treatment phases.
  • Pre-Appointment AssistancePatients can describe
    their symptoms online, and the AI assistant will
    direct them to the appropriate department,
    simplifying the process and avoiding
    misdirection.
  • In-Hospital GuidanceUpon reaching the hospital,
    patients will encounter customized Assistants
    tailored to their city and hospital. These
    assistants provide guidance on treatment plans,
    review reports, and facilitate insurance
    payments.
  • Post-Consultation SupportAfter consultations,
    patients can access their medical records and
    prescriptions and inquire about reports. The AI
    health assistant also establishes a health file
    for ongoing care through Internet Hospital
    features.
  • Alipays initial implementation of this AI
    assistant, named Anclin, is in collaboration
    with the Zhejiang Provincial Health Commission.
    It is operational in 92
  • hospitals across the province. The introduction
    of Alipays AI Medical Assistant
  • represents a shift towards patient-centric
    healthcare. It incorporates user-friendly
    interfaces and comprehensive functionalities to
    progressively reconstruct the healthcare sphere
    in China.

4
AI has become a transformative force in
healthcare, revolutionizing the way medical
professionals diagnose, treat, and manage patient
care from AI-powered chatbots optimizing
administrative tasks to machine learning
algorithms aiding in disease detection and
treatment planning globally. The integration of
AI technologies is stimulating healthcare
outcomes and empowering patients with
personalized and accessible medical services. As
AI continues to evolve and integrate seamlessly,
artificial intelligence (AI) in healthcare market
is expected to observe progressive growth over
the forecast period.
  • Cant find what youre looking for? Talk to an
    expert NOW! FAQs
  • What are some examples of artificial intelligence
    applications in healthcare?
  • A Artificial intelligence applications in
    healthcare include medical imaging
    interpretation, predictive analytics for disease
    prevention, virtual health assistants for patient
    engagement, drug discovery and development,
    robotic surgery assistance, and electronic health
    record (EHR) management.
  • How is AI contributing to healthcare innovation?
  • A AI contributes significantly to healthcare
    innovation. It accelerates medical research,
    enables precision medicine, facilitates remote
    patient monitoring, and drives advancements in
    healthcare accessibility and affordability.
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