The healthcare industry is one of the most important industries when it comes to human welfare. Research analysis from the U.S. federal government actuaries say that Americans spent $3.65 trillion on health care in 2018(report from Axios) and the Indian healthcare market is expected to reach $ 372 billion by 2022. To reduce cost and to move towards a personalized healthcare system, the industry faces three major hurdles: –
1) Electronic record management
2) Data integration
3) Computer-aided diagnoses.
Machine learning in itself is a vast field with a wide array of tools, techniques, and frameworks that can be exploited and manipulated to cope with these challenges. In today’s time, Machine Learning Using Python is proving to be very helpful in streamlining the administrative processes in hospitals, map and treat life-threatening diseases and personalizing medical treatments.
This blog will focus primarily on the applications of Machine learning in the domain of healthcare.
Machine learning can prove to be disruptive in the medical sector by automating processes relating to data collection and collation. This is highly profitable in terms of cost-effectiveness. Newer algorithms such as Vector Machines or OCR recognition are designed to automate the task of document reading and classification with high levels of precision and accuracy.
As the modern technologies of Machine Learning, Artificial Intelligence and Big Data Analytics are tottering forth in multiple domains, there is a long path they need to walk to ensure an unflinching success. Besides, it is also important for every one of us to be accustomed to all these new-age technologies.
With an expansion of the quality Machine Learning course in India and Neural Network Machine learning Python, all the reputed institutes are joining hands together to bring in the revolution. The initial days will be slow and hard, but it is no doubt that these cutting edge technologies will transform the medical industry along with a range of other industries, making early diagnoses possible along with a reduction of the overall cost. Besides, with the introduction of successful recommender systems and other promises of personalized healthcare, coupled with systematic management of medical records, Machine Learning will surely usher in the future for good!
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