Will AI be driving force behind the future of healthcare startups?

Artificial Intelligence is revolutionising the way the technology industry is developing. From intelligent phones to intelligent cars and refrigerators, every aspect of human lives is being made easier by ‘intelligent’ devices.

One of the most important areas of artificial intelligence research is health care and wellness. Science is improving rapidly, and this can be attributed to the fact that with increasing collections of data and better algorithms, health researchers are able to provide increasingly better insights into how the human body works. are capable.

Investments for artificial intelligence in the healthcare industry are projected to grow from $6.9 billion in 2021 to $67.4 billion by 2027 at a compound annual growth rate of 46.2 percent, proving the belief that artificial intelligence in the industry ability to use.

How to get started using artificial intelligence in the wellness industry?
Artificial intelligence is based on the use of past data to make new recommendations, by continuously factoring in recent data to improve future outcomes. An algorithm is only as good as the data it is given.

The main steps in using artificial intelligence in the wellness domain include:

1. Collecting inputs from reliable sources. The more data there is, the better the results. Data should be collected across age groups, ethnicities and geographic regions to ensure that the results are not biased.
2. Ensuring that the data is free of major external factors that could affect the accuracy of the results. Data prep is an important step in which any data that is considered invalid is removed.
3. Finally after sufficient data is collected and cleaned, results can be matched to suit user needs and current fitness levels.

How wellness startups are using artificial intelligence today:
Rapidly innovating startups are among the first to adopt advanced artificial intelligence solutions.

There are several ways in which artificial intelligence drives growth in well-being startups:

1. Detection and diagnosis of well-recorded diseases

Body scans like EEG () and X-ray scans can be analyzed by artificial intelligence algorithms to detect the possibility of diseases, detecting them at an earlier stage.

2. Health trend analysis

Based on diet, temperature, and past history of populations, companies can gauge how vulnerable an area’s population will be to potential diseases.

3. Curated diet plans according to user preferences

On a more micro level, artificial intelligence can be used to learn consumer preferences to help design customized meal and workout plans for users who need to achieve a specific fitness goal, for example For example, users who need a diet low in sugar can make food recommendations, and users with a history of heart problems may not be suggested a workout high in cardio.

4. Workout tracking

By using cameras to track movements, workout apps can make intelligent recommendations about a user’s workout routine, correcting their posture as needed.

5. Chatbots and automation

By employing artificial intelligence to operate the chatbot and automate many manual tasks, startups can reduce their average turnaround time and increase the efficiency of artificial intelligence to help a greater number of users within a stipulated time frame. can take advantage of.

By employing artificial intelligence to operate the chatbot and automate many manual tasks, startups can reduce their average turnaround time and increase the efficiency of artificial intelligence to help a greater number of users within a stipulated time frame. can take advantage of.

Key points to keep in mind when adopting AI for wellness:

Since the field of health is important, there are several points to be careful about when integrating artificial intelligence into a technological solution for healthcare:

1. Accuracy of diagnosis and recommended treatment

For health care, algorithms need to provide accurate results. This means that a large amount of data needs to be analysed, cleaned and used to train a machine learning model. Data should be sampled across a range of gender, age, fitness level, socio-economic and geographic regions to ensure that the results generated are not biased or skewed toward specific demographics.

2. Privacy and security of user data

Reasonable care should be taken to ensure that the data is anonymized and masked before it is analyzed. To ensure that the data cannot be used for any malicious intent, the data also needs to be encrypted before it is stored.

3. Adaptability of results according to the need of the patients

The recent pandemic has taught us that trends can change overnight. Artificial intelligence algorithms need to be able to factor in recent data and measure its importance appropriately.

4. Ease of interpretation for consulting experts

It should be easy for those who are using the results to understand the various factors that were considered to produce the results. This ensures that they can understand the importance of any factor that is not possible to enter into the algorithm.

Benefits of using AI in healthcare
There are several reasons why wellness companies adapt to artificial intelligence in their startups:

1. Better diagnosis: The huge data pool ensures that the results consider all the factors. The chances of misdiagnosis from error are significantly reduced.
2. Real-time adaptation: Artificial intelligence algorithms adapt to changing trends in human health conditions in real time
3. Streamlined work: Artificial intelligence can help keep startup operating costs down by saving time and resources
4. Better research: Research in wellness has made significant progress since the adoption of artificial intelligence

Each of these factors makes investing in artificial intelligence a great move for a wellness start-up.

Conclusion
Many people with a vested interest in wellness may wonder whether it is worth the time and investment to adapt to artificial intelligence in their startups. The answer is that it is definitely worth the investment! Early adoption allows the company to stay ahead of its competitors. News Jani