A report published by market research company, IDTechEx, highlights how Artificial Intelligence (AI) offers a wide range of benefits to the medical diagnostics sector.
Benefits include speeding up the referral process, freeing up expert resources, offering the best accuracy everywhere regardless of skill levels, and making the processes more widely available.
The report explains how as funding reaches start-up companies and research and development teams, more AI tools are being developed to detect and classify diseases based on data from sources such as ECG and CT scans.
The reported results suggest that software can carry out these tasks "faster, cheaper, and often more accurately" than trained experts or professionals. This would allow experts to spend their time on more complex tasks, which cannot be completed by AI-based automation.
Although challenges will need to be overcome before AI software is universally adopted, the benefits are promising.
The report is titled, “Digital Health & Artificial Intelligence 2020: Trends, Opportunities, and Outlook".