In early 2020, Frost & Sullivan acknowledged Microsoft because the “undisputed leader” in world Synthetic Intelligence (AI) platforms for the Healthcare IT (HCIT) sector on the Frost Radar™. In a area of greater than 200 world {industry} contributors, Frost & Sullivan independently plotted the highest 20 firms throughout numerous parameters indicative of development and innovation, available for consumption here.

In keeping with Frost & Sullivan, the worldwide AI HCIT market is on a fast development trajectory, with gross sales of AI-enabled HCIT merchandise anticipated to generate greater than $34.83 billion globally by 2025. Authorities businesses will contribute nearly 50.7 % of the income (together with public payers), adopted by hospital suppliers (36.three %) and doctor practices (13 %). Scientific AI options will drive 40 % of the market income, with monetary AI options contributing the identical, and the remaining 20 % coming from gross sales of operational AI options. Globally, Microsoft earned the highest spot due to its industry-leading effort to include next-generation AI infrastructure to drive precision drugs workflows, assist inhabitants well being analytics, propel evidence-based medical analysis, and expedite drug and therapy discovery.

Determine 1: The Frost Radar, “International AI for Healthcare IT Market”, 2020

We’re seeing suppliers deploy chatbots of their digital portals to increase 24/7, customized care to sufferers, serving to them triage a bigger quantity of inquiries and even prolong care providers to beforehand inaccessible distant areas. With the ability of predictive analytics, care groups can predict affected person volumes and supply preventative care to offer well timed escalations of care and forestall pointless readmissions. AI has offered instruments for scientists on the forefront of precision drugs, accelerating drug discovery, whereas aiding public well being officers with modeling and predicting the development of illness. In BioPharma and MedTech, AI is getting used to offer real-time insights round tools use for manufacturing R&D departments, whereas additionally deploying area technicians to service expensive tools by way of predictive upkeep and enabling healthcare clients to trace stock and drugs throughout provide chains with better transparency and agility.

The report cites quite a few current improvements from Microsoft, together with the Microsoft Cloud for Healthcare offering, introduced in 2020. The Microsoft Cloud for Healthcare brings collectively trusted and built-in capabilities for patrons and companions that enrich affected person engagement and connects well being groups to assist enhance collaboration, decision-making, and operational efficiencies. It makes it quicker and simpler to offer extra environment friendly care and assist guarantee end-to-end safety, compliance, and accessibility of well being knowledge.

At Microsoft, we’re centered on belief and on empowering our healthcare clients—by no means monetizing buyer or affected person knowledge. The Microsoft Cloud for Healthcare additionally provides an infrastructure constructed on {industry} main scale, with over $15 billion invested in cloud infrastructure and over 1 million bodily servers throughout over 60 world areas. Moreover, Microsoft has the biggest associate ecosystem available in the market, with world companions geared up to work with well being organizations of all sizes.

Healthcare AI at Microsoft

Microsoft’s rising portfolio of healthcare AI choices additionally consists of particular providers comparable to:

  • The Microsoft Health Bot permits well being organizations to construct and deploy AI-powered, compliant conversational healthcare experiences. With built-in medical intelligence and pure language capabilities, and extensibility instruments, the Well being bot permits well being organizations to construct customized and trusted conversational experiences throughout digital well being portals. Prospects comparable to Premera Blue Cross have leveraged the Microsoft Well being Bot to create their very own chatbot, Premera Scout, to assist clients rapidly receive info on claims, advantages, and different providers provided by Premera throughout their digital portals. In one other occasion, Walgreens Boots Alliance (WBA) integrated the Microsoft Healthcare Bot so as to add a COVID-19 Threat Evaluation functionality to their web site, serving to clients rapidly discover solutions to frequent questions.
  • Text Analytics for Health is a characteristic of Azure Cognitive Companies that helps well being organizations course of and extract insights from unstructured medical knowledge (comparable to; physician’s notes, medical publications, digital well being data, medical trial protocols, and extra). This permits researchers, analysts, and medical professionals to unlock situations based mostly on entities in well being knowledge, comparable to matching sufferers to medical trials and extracting insights from giant our bodies of medical literature, as was the case when the University College London (UCL) leveraged Textual content Analytics for well being to construct a system that identifies related analysis for evaluations as and when they’re printed.
  • Azure Cognitive Services provides easy-to-deploy AI instruments for speech recognition, laptop imaginative and prescient, and language understanding. Nuance, a number one supplier of AI-powered medical documentation and decision-making assist for physicians, leveraged the Azure Cognitive Companies platform to develop their Dragon Medical One platform, one of many main providers of Ambient Scientific Intelligence. The platform permits docs to enter and seek for related affected person info in digital well being data, utilizing dictation. This permits physicians to scale back time spent on administrative capabilities and redirect extra time towards interacting with the affected person. The platform may mine a affected person’s medical historical past with new reported signs at an appointment to offer suggestions of potential diagnoses for the physician to contemplate.

Companions empowering healthcare AI

We’re additionally proud to see lots of our healthcare companions acknowledged within the report, with whom we have now partnered to design and construct our portfolio of AI providers and who, in flip, leverage our platforms to infuse AI of their options. These embrace, however should not restricted to:

  • Nuance is partnering with Microsoft to ship ambient medical intelligence (ACI), paving the best way for the examination room of the long run. Check out our associate highlight, Microsoft and Nuance partner to deliver ambient clinical intelligence.
  • GE Healthcare is growing superior options for safe imaging and knowledge change constructed on Azure.
  • Optum, the Well being Companies platform of UnitedHealth Group, joined forces with Microsoft to launch ProtectWell, a return-to-workplace protocol that allows employers to carry staff again to work in a secure atmosphere. Leveraging medical and knowledge analytics capabilities, in addition to the Microsoft Healthcare Bot service for AI-assisted Covid-19 triaging. Check out our associate highlight, UnitedHealth Group and Microsoft join forces to launch ProtectWell.
  • Allscripts prolonged their long-term strategic alliance to harness the ability of Microsoft’s platform to develop Dawn, an built-in EHR that gives a clinician-friendly, evidenced-based platform with built-in analytics for delivering higher well being outcomes in hospitals. Connecting all features of care—together with; acute, surgical, pharmacy, and laboratory providers, to income and affected person administration techniques.
  • Philips is empowering suppliers via image-guided, minimally invasive therapies, bringing reside imaging and different sources of information into 3D holographic environments managed by physicians. Check out our associate highlight, Microsoft HoloLens 2: Partner Spotlight with Philips.

We’re honored to have been acknowledged as a frontrunner within the healthcare area and are proud to work with a rising ecosystem of companions and clients which might be constructing the following technology of healthcare options. Collectively, we’re extending the attain of healthcare providers, unlocking new medical insights, and empowering care groups to drive higher outcomes for the communities they serve. Innovation is a journey with out finish, and we’re dedicated to constructing the trusted instruments and platforms to assist healthcare organizations be future-ready and invent with goal.

Subsequent steps with Microsoft AI

To study extra about Microsoft AI choices, discover the next assets:

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