MTI Outlook 2020: Global Health Systems Are Learning To Embrace AI As A Force For Good

20 Dec 2019

The term artificial intelligence was coined at the Dartmouth Summer Research Project in 1956, but it is only in very recent years that it has been consistently at the top of the agenda in discussions on the future direction of health care. AI is now increasingly seen as a realistic solution to demand overload on clinicians. At the same time, techno-fears are abating. This confluence will transform health care radically in the next two decades.

"AI will change the world of health care,” said Siemens Healthineers CFO Jochen Schmitz at the Jefferies 2019 Global Healthcare Conference in November 2019. Siemens' in vitro diagnostics, imaging and advanced therapy group posted annual 2018-19 comparable sales up 5.8% that same month and Schmitz was looking ahead to future reporting periods when artificial intelligence (AI) would be having a clear and identifiable influence on revenues. “The health-care industry can and will benefit from digital and AI, and imaging, radiology and lab testing are the clear and obvious entry doors for AI,” he said.

The requirement for support for physicians during radiological routines is compelling: with more patients needing more examinations and computed tomography...

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