How much influence will generative AI have in the MedTech industry in the coming 2- 5 years?
Product Management Manager in Finance (non-banking), 10,001+ employees
It can have a major impact if it is used in right manner. For eg, basis certain inputs user can get results or response which a doctor might answer and in some cases even better because doctor may forget certain aspects but machine won't be wrong. If it is implemented fine then people will go to doctor only in case they need physical attention or condition is worse. Product Management Analyst in Finance (non-banking), 10,001+ employees
Generative AI is undoubtedly the next big thing affecting every Industry space. In the med tech space,people might find it as replacement for doctors but controlling the type 2 error would be key. As a single error can cause significant effects on someone’s life. Appropriate testing and trust of people on such kind of technology when it relates to medicine is something which would always be very difficult to predict until it breaks in the marketBusiness Analyst in Software, 51 - 200 employees
Generative AI will definitely have a huge inpact in the MedTech industry. In coming 2-5 years it will revolutionise this sector by making it possible to have better & accurate diagnostics, personalized treatment plans, faster drug discovery and development etc. Product Management Manager, Self-employed
The report forecasts the global AI market to grow at a compound annual growth rate of 35.2 per cent to $908.7 billion in 2030 from $81.3 billion in 2022. “Generative AI can improve medical treatment in a few ways.Product Management Analyst in Manufacturing, 501 - 1,000 employees
In the coming 2–5 years, generative AI can be helpful in diagnosing diseases such as cancer or cardiovascular issues, etc., finding new and alternative treatments for diseases, and developing intelligent robots and devices for surgical procedures, patient care, and rehabilitation.Product Management Manager in Media, 11 - 50 employees
Generative AI could revolutionize MedTech. It can assist in diagnosing, treating, and predicting health risks. It may even prove beneficial for healthcare professionals in customizing treatments based on each patient's genetic profile. Also, it could move into medical devices and treatment plans with better accuracy, leading to more innovative products.Product Management Manager in Banking, Self-employed
I believe over the next few years, generative AI is expected to have a lot of influence on the MedTech industry. This technology's ability to analyse medical data, improve diagnostics, and optimise treatment plans will streamline healthcare processes and better patient outcomes.Product Management Manager in Education, 2 - 10 employees
Generative AI is poised to play a pivotal role in revolutionizing the MedTech industry over the next 2-5 years. It will drive innovation in several key areas like medical imaging, drug discovery,and personalised medicine.Content you might like
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