AI and Big Data in Health Care: The Risks and Rewards

Artificial intelligence (AI) and big data have been around for a while, but over the last few years have become dominant technologies in almost every industry. In the healthcare IT sector, AI and big data analysis tools are expected to play an expanding and major role, touching every part of health care. According to Research and Markets, the computer vision market is expected to see a 47.54 percent CAGR. A segment of $3.62 billion is projected to increase at a compound annual growth rate of more than 47 percent and will reach $25.32 billion by 2023. Much of this growth will be credited for the use of computer vision for independent vehicles, increased reality, manufacturing, and healthcare-based applications. As a result, it will play a significant role in bringing market worth. The healthcare sector is flourishing at a quick pace globally, which is indeed a good sign. Managing patient health and research into preventing, managing and curing diseases are also increasing continuously. With such high demands, technologies to help are evolving or being developed.