Implementation of AI in healthcare gains momentum

INSIGHT. The rapid advancement of artificial intelligence is expected to significantly transform healthcare, and implementation is gaining momentum.

In a survey conducted by McKinsey earlier this year, more than 70% of participants, consisting of representatives from various healthcare organisations, indicated that they have either already implemented or are in the process of implementing generative AI-based solutions. The areas where participants saw the greatest potential value from generative AI are in clinician and care provider productivity. These areas include improving the speed and reliability of diagnosis and treatment planning, as well as ensuring efficient care flows and forecasting patient influx.

At Sciety, we encounter many Nordic companies leveraging generative AI in products and services aimed at improving healthcare efficiency. We meet companies using AI in products for patient risk stratification to ensure appropriate treatment interventions and predict the most suitable treatment for each patient, as well as solutions focused on optimizing healthcare processes and operations management. The global AI in healthcare market size was estimated at USD 19 billion in 2023 and is expected to grow at an annual rate of 38.5% through 2030.

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