In a world influenced by artificial intelligence in all fields, healthcare is not an exception. From answering calls to assisting in surgeries, artificial intelligence has a heavy influence on healthcare. The AI market in healthcare is projected to be around $187 billion by 2030. So this is bound to create a huge change in the other industries associated with healthcare such as the pharmaceuticals and biotech companies.

Accessibility to cost-efficient hardware, the advent of 5G, etc., have led to an increase in the use of AI by healthcare industries. Administrative and research works like analyzing huge amounts of medical data or clinical studies which took a lot of time, manpower, and cost have been slowly replaced with AI-backed systems that ensure fast pacing of work and quicker solutions.

Healthcare industries are using AI to improve the efficiency with which all processes can be done. By doing so, a good amount of expenditure can be reduced and deviated to where it is really necessary, i.e., patient care.