ASGE chief asks AP to take lead in regulating AI in healthcare

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ASGE chief asks AP to take lead in regulating AI in healthcare

Dr. Prateek Sarma, president of ASGE, highlighted the projected $200 billion investment in AI for healthcare in the USA by 2030. He emphasized that India is on a similar growth trajectory, with nearly 50% annual growth expected in AI adoption within healthcare over the next decade. The current global AI adoption rate in healthcare is only about 6%, indicating significant room for improvement.

Dr. Sarma called for stronger regulatory frameworks to guide AI's use in healthcare, suggesting that Andhra Pradesh could lead in creating a regulated AI ecosystem. He outlined four key advantages of AI in healthcare: improved diagnostics, workflow optimization, personalized treatment, and remote patient monitoring. The potential for AI to enhance diagnostic tools and enable personalized treatment based on genetic data was also discussed, showcasing AI's transformative power in healthcare.

• Projected $200 billion investment in AI healthcare by 2030 in the USA.

• India expected to see nearly 50% annual growth in AI healthcare adoption.

Key AI Terms Mentioned in this Article

AI Adoption

AI adoption refers to the integration of artificial intelligence technologies into healthcare systems to improve efficiency and outcomes.

Personalized Treatment

Personalized treatment involves tailoring medical care based on individual genetic data to enhance treatment effectiveness.

Remote Patient Monitoring

Remote patient monitoring utilizes technology to track patients' health data from a distance, improving access to care.

Companies Mentioned in this Article

ASGE

ASGE, the American Society for Gastrointestinal Endoscopy, focuses on advancing the field of gastrointestinal endoscopy through education and research.

AI Institute

The AI Institute is dedicated to advancing artificial intelligence research and its applications in various fields, including healthcare.

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