Future of medical development lies in AI

Medical imaging with artificial intelligence technologies is the leading field in the combined AI and medical industry in China, according to a report released yesterday by Shanghai Jiao Tong University. The white paper, the first produced by the university’s Artificial Intelligence Institute, reviewed AI applications in the medical area around the world, and looked into the situation in China to find popular fields, major challenges and future development trends. According to the report, AI is mainly used in five medical areas — medical imaging, auxiliary diagnosis, medicine research and development, health management, and disease prediction. According to the Global Market Insight, medicine R&D and medical imaging are the two largest segments in the world’s AI medical market. Medicine R&D has already accounted for 35 percent of the market. Medical imaging is expected to grow by over 40 percent to US$2.5 billion by 2024 to take up 25 percent of the market.