Role of Artificial Intelligence to Maximize Competitive Advantage in Healthcare

The convergence of technology and health and diagnostic procedures is a result of the rising demand

and use of technology. As the term implies, digital health is the use of information and

technologies to alleviate and improve health problems. Wearable

technology, telemedicine, genomics, virtual reality (VR), robots, and

artificial intelligence (AI) are transforming the Indian healthcare sector. India, like

many other economies, is on the verge of a "digital health" revolution. Digital health technology

has evolved as a critical pillar in healthcare delivery. The globe has recently

experienced growth in the health technology industry for items such as wearables,

telemedicine, e-pharmacies, and so on. Furthermore, substantial research and

development have been conducted in the integration of technologies such as robots,

artificial intelligence, blockchain, and virtual

reality with medicines and healthcare.

The phrase "AI in healthcare" refers to the use of machine learning (ML) algorithms and other

cognitive technologies in healthcare settings. An AI system is one in which computers

and other devices replicate human cognition in the most basic sense and can learn, reason, and act

on their own. Medical data is analyzed by machines, and then action is taken based on those

findings, sometimes to foretell a certain conclusion .

Machine learning and other cognitive sciences may be used to aid physicians in establishing the

diagnosis. With the use of patient data and other pertinent information,

artificial intelligence (AI) may help doctors and other healthcare practitioners make

more accurate diagnoses and treatment plans for their patients. Additionally, AI may help

healthcare become more proactive and predictive by analyzing massive volumes of data to

create better recommendations for patients' preventive therapy (Wichmann, 2020). In the

context of big data, healthcare plays a critical role in maintaining and improving the general

public's wel