Top 10 AI In Healthcare Stocks In 2023

Top 10 AI In Healthcare Stocks In 2023

UPDATED Jul 25, 2024

Artificial intelligence is transforming most industries in one way or another - but perhaps the biggest impact could be on the healthcare industry.

Here are just a few examples of the way AI can be used to improve healthcare:

  • Models can be trained to process images from scans to identify likely signs of cancer or other diseases.
  • Finding patterns by analyzing large amounts of genetic data and using that to improve treatment outcomes for patients.
  • Combining data from multiple sources to provide intelligence.
  • Identifying inefficiencies in the way healthcare providers operate.
  • Automating tasks to free up time for patient care.

The recent COVID-19 pandemic and the subsequent shortage of healthcare workers has shown us how important it is to have adequate health care infrastructure. As the population continues to grow and as it grows older, we’ll be leaning on the healthcare sector more heavily and so AI in healthcare may not be a nice-to-have, it may be a necessity.

The AI led healthcare revolution is already well underway, and most companies are using artificial intelligence in one way or another. This list includes the companies that are really leveraging the power of big data, machine learning, and neural networks, to transform the industry.

It’s worth mentioning that most of the big technology companies are also building AI powered solutions for the healthcare industry. The list includes Microsoft, Nvidia, IBM, Oracle and Alphabet. However, for this collection we have focussed specifically on healthcare companies.

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Simply Wall St analyst Richard Bowman and Simply Wall St have no position in any of the companies mentioned.

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