ADVERTISEMENT
  • News
  • New York
  • Technology
  • Culture
  • Entertainment
  • Sport
  • More
    • Politics
    • Lifestyle
    • TV
    • Games
Tuesday, June 17, 2025
  • Login
No Result
View All Result
NEWSLETTER
FINCHANNEL
  • Home
  • Business
    • BANKS
      • GeoBanks
    • Finance
    • Insurance
    • Markets
    • Pharmacy
    • Press Releases
    • RealEstate
    • RealEstate
    • Finance
    • Insurance
    • Banks
      • GeoBanks
    • Markets
    • Press Releases
    • Personal Finance
  • World
    • Americas
    • Europe
    • Georgia
      • Media
    • Ukraine
    • Europe
    • Georgia
      • Media
    • Ukraine
    • Americas
    • UK local news
  • Travel
    • Hotels in Georgia
    • Tours in Georgia
  • Videos
    • Promos
    • Soundslides
    • TheClinics
    • TheHoteliers
    • TheUniversities
    • TheHoteliers
    • TheClinics
    • TheUniversities
    • BestWorkplaces
    • Soundslides
    • Promos
    • Banking Forum
      • Promos
      • Soundslides
      • TheClinics
      • TheHoteliers
      • TheUniversities
  • Opinion
    • Editorial
      • Analysis
      • GORBI
      • OP-ED
      • VISA Editorial
    • Analysis
    • Gorbi
    • Book reviews
  • Tech
  • Interview
  • People
    • lifestyle
    • Health & Beauty
      • Coronavirus
    • LifeStyle
    • Employment
      • MyCareer
    • Education
    • Media
    • Celebrities
  • Oil&Auto
    • Auto
    • Energy
  • EN
    • EN
    • GE
  • Home
  • Business
    • BANKS
      • GeoBanks
    • Finance
    • Insurance
    • Markets
    • Pharmacy
    • Press Releases
    • RealEstate
    • RealEstate
    • Finance
    • Insurance
    • Banks
      • GeoBanks
    • Markets
    • Press Releases
    • Personal Finance
  • World
    • Americas
    • Europe
    • Georgia
      • Media
    • Ukraine
    • Europe
    • Georgia
      • Media
    • Ukraine
    • Americas
    • UK local news
  • Travel
    • Hotels in Georgia
    • Tours in Georgia
  • Videos
    • Promos
    • Soundslides
    • TheClinics
    • TheHoteliers
    • TheUniversities
    • TheHoteliers
    • TheClinics
    • TheUniversities
    • BestWorkplaces
    • Soundslides
    • Promos
    • Banking Forum
      • Promos
      • Soundslides
      • TheClinics
      • TheHoteliers
      • TheUniversities
  • Opinion
    • Editorial
      • Analysis
      • GORBI
      • OP-ED
      • VISA Editorial
    • Analysis
    • Gorbi
    • Book reviews
  • Tech
  • Interview
  • People
    • lifestyle
    • Health & Beauty
      • Coronavirus
    • LifeStyle
    • Employment
      • MyCareer
    • Education
    • Media
    • Celebrities
  • Oil&Auto
    • Auto
    • Energy
  • EN
    • EN
    • GE
No Result
View All Result
FINCHANNEL
No Result
View All Result
Home Tech

Investors attracted by healthcare’s robot revolution

The FINANCIAL by The FINANCIAL
June 4, 2021
in Tech
Reading Time: 2 mins read
8
A A
0
Share on FacebookShare on Twitter

The FINANCIAL — Can robot doctors and nurses ever replace humans? The jury is still out on that, but an artificial intelligence (AI) ‘robot revolution’ is already sweeping through healthcare.

And even as debate rages in the UK over a post-COVID return to normal face-to-face consultations with family doctors, Dr Alan Stout, of the British Medical Association, said:

“It’s highly unlikely that we will have the desire or the capacity to return to a 100% face-to-face model. The phone-first model and the use of technology will allow surgeries to remain sustainable and accessible and provides a better service than pre-Covid.”

MarketsandMarkets says the AI in healthcare market was worth $4.9 billion in 2020 also creating substantially more value for an overall healthcare industry worth up to $410 billion per year by 2025.

Highlighted failures within traditional healthcare systems during the COVID-19 pandemic have driven AI advances on many fronts towards a better and more sustainable healthcare model.

For instance, health issues can be prevented in the first place by wearables and apps, which can make health recommendations for patients. Devices such as smartwatches and biosensors could also help detect health issues before conditions become critical.

But the next big step is virtual assistants, a market expected to take off in the next decade $2.8 billion by 2027 AI offers healthcare workers more time to focus on patient care and, with more patients willing to use home diagnostics, should enable a more decentralised healthcare system.

Paul Stannard, Chairman of the not-for-profit World Nano Foundation that fosters the nanotechnology sector, which has enabled so many healthcare breakthroughs, said:

“We may be resistant at first but virtual assistance and robotics are the future of healthcare. Japan is leading the way with a government-funded national initiative to develop data-driven AI and internet of things technologies that will increase the efficiency and quality of healthcare delivery.

“AI also offers more precision as it can automate the analysis of test results, while robotics can increase the success rate of surgeries.

Stannard also co-founded the Vector Innovation Fund, which recently launched a $300 million sub-fund for pandemic protection and future healthcare, and he added:

“This pandemic has taught us a lot; we can learn from the flaws it identified and maintain investment in technologies for a more sustainable future in healthcare and prepare and protect ourselves against future pandemics so that we can meet them in a timely, systematic, and calm manner.”

Healthcare is just part of a trend towards more use of AI following the COVID outbreak. According to the Global AI Adoption Index 2021, 43% of IT professionals surveyed say their company has accelerated the rollout of AI due to the pandemic. An NHSX survey of 368 AI developers and procurers also found that the pandemic had helped accelerate progress in some areas.

RelatedPosts

Beyond Cooling – TCL Brings AI Innovation to Energy-Saving Air Conditioning Technologies

The World’s First Full Duplex Radio Link Field Test Conducted in Istanbul with 50 Gbps Speed

ESSEC partners with French AI solution Mistral AI for innovation in research and education

How Digital Twin Transform the Automobile Industry

The FINANCIAL — Can robot doctors and nurses ever replace humans? The jury is still out on that, but an artificial intelligence (AI) ‘robot revolution’ is already sweeping through healthcare.

See also  How Digital Twin Transform the Automobile Industry

And even as debate rages in the UK over a post-COVID return to normal face-to-face consultations with family doctors, Dr Alan Stout, of the British Medical Association, said:

“It’s highly unlikely that we will have the desire or the capacity to return to a 100% face-to-face model. The phone-first model and the use of technology will allow surgeries to remain sustainable and accessible and provides a better service than pre-Covid.”

MarketsandMarkets says the AI in healthcare market was worth $4.9 billion in 2020 also creating substantially more value for an overall healthcare industry worth up to $410 billion per year by 2025.

Highlighted failures within traditional healthcare systems during the COVID-19 pandemic have driven AI advances on many fronts towards a better and more sustainable healthcare model.

For instance, health issues can be prevented in the first place by wearables and apps, which can make health recommendations for patients. Devices such as smartwatches and biosensors could also help detect health issues before conditions become critical.

But the next big step is virtual assistants, a market expected to take off in the next decade $2.8 billion by 2027 AI offers healthcare workers more time to focus on patient care and, with more patients willing to use home diagnostics, should enable a more decentralised healthcare system.

Paul Stannard, Chairman of the not-for-profit World Nano Foundation that fosters the nanotechnology sector, which has enabled so many healthcare breakthroughs, said:

“We may be resistant at first but virtual assistance and robotics are the future of healthcare. Japan is leading the way with a government-funded national initiative to develop data-driven AI and internet of things technologies that will increase the efficiency and quality of healthcare delivery.

“AI also offers more precision as it can automate the analysis of test results, while robotics can increase the success rate of surgeries.

Stannard also co-founded the Vector Innovation Fund, which recently launched a $300 million sub-fund for pandemic protection and future healthcare, and he added:

“This pandemic has taught us a lot; we can learn from the flaws it identified and maintain investment in technologies for a more sustainable future in healthcare and prepare and protect ourselves against future pandemics so that we can meet them in a timely, systematic, and calm manner.”

Healthcare is just part of a trend towards more use of AI following the COVID outbreak. According to the Global AI Adoption Index 2021, 43% of IT professionals surveyed say their company has accelerated the rollout of AI due to the pandemic. An NHSX survey of 368 AI developers and procurers also found that the pandemic had helped accelerate progress in some areas.

Related Posts

Apple’s first floating store will open in Singapore
Tech

Beyond Cooling – TCL Brings AI Innovation to Energy-Saving Air Conditioning Technologies

by The FINANCIAL
June 3, 2025
0

As global energy demands rise, conventional air conditioning systems face increasing concerns for their environmental impact and operational costs. TCL...

Read more
Telia Company Sells Remaining Part of Direct Stake in Turkcell

The World’s First Full Duplex Radio Link Field Test Conducted in Istanbul with 50 Gbps Speed

June 2, 2025
ESSEC partners with French AI solution Mistral AI for innovation in research and education

ESSEC partners with French AI solution Mistral AI for innovation in research and education

May 23, 2025
How Digital Twin Transform the Automobile Industry

How Digital Twin Transform the Automobile Industry

May 23, 2025

Discussion about this post

  • Trending
  • Comments
  • Latest
Ampersand wins £22m five-year contract at London Zoo

Ampersand wins £22m five-year contract at London Zoo

June 25, 2012
Goga Samushia, Director of Commersant

Commersant to Launch New Multimedia Finance Project

June 14, 2025
Fullscript vs. Rupa Health: What the Acquisition Means for Providers and Patients

Fullscript vs. Rupa Health: What the Acquisition Means for Providers and Patients

June 11, 2025
Will digital media be decisive in general election – as it was in Donald Trump’s victory? 

How to Align Social Media with Your Overall Marketing Strategy

June 11, 2025
Leon Botstein’s Five-Decade Transformation at Bard College

Leon Botstein’s Five-Decade Transformation at Bard College

May 28, 2025
Iconiq 777 Hosts Pathways to Apprenticeship Awards Ceremony in Newark

Iconiq 777 Hosts Pathways to Apprenticeship Awards Ceremony in Newark

June 17, 2025
Mexico’s President Sheinbaum Responds to Potential Remittance Tax with Call to “Mobilize”

Mexico’s President Sheinbaum Responds to Potential Remittance Tax with Call to “Mobilize”

June 17, 2025
Tips for Remodeling on a Budget

Tips for Remodeling on a Budget

June 17, 2025
 ‘Why Did My Car Insurance Go Up for No Reason?’

Insurers boost private assets allocations as capital increases

June 17, 2025
Whiting Man Sentenced for Hate Crimes

Sweden should address hate speech and risks of racial profiling

June 17, 2025
ADVERTISEMENT

Popular Last 24h

  • Goga Samushia, Director of Commersant

    Commersant to Launch New Multimedia Finance Project

    63 shares
    Share 25 Tweet 16
  • Women-Led Businesses Continue To Grow in 2025

    29 shares
    Share 12 Tweet 7
  • Lockton Surprasses $4 Billion in FY2025 revenue

    21 shares
    Share 8 Tweet 5
  • New Columns and Global Partnerships on the Horizon for Publika

    24 shares
    Share 10 Tweet 6
  • Leon Botstein’s Five-Decade Transformation at Bard College

    316 shares
    Share 126 Tweet 79
  • Looking For A New Property? Here Are 10 Things You Need To Consider During The Hunt

    16 shares
    Share 6 Tweet 4
  • Ampersand wins £22m five-year contract at London Zoo

    3634 shares
    Share 1454 Tweet 909

LATEST POSTS

Iconiq 777 Hosts Pathways to Apprenticeship Awards Ceremony in Newark

Iconiq 777 Hosts Pathways to Apprenticeship Awards Ceremony in Newark

June 17, 2025
Mexico’s President Sheinbaum Responds to Potential Remittance Tax with Call to “Mobilize”

Mexico’s President Sheinbaum Responds to Potential Remittance Tax with Call to “Mobilize”

June 17, 2025
Tips for Remodeling on a Budget

Tips for Remodeling on a Budget

June 17, 2025
 ‘Why Did My Car Insurance Go Up for No Reason?’

Insurers boost private assets allocations as capital increases

June 17, 2025
Whiting Man Sentenced for Hate Crimes

Sweden should address hate speech and risks of racial profiling

June 17, 2025
Emlyon business school and Ashoka France form a strategic partnership to train a new generation of entrepreneurs for change

Emlyon business school and Ashoka France form a strategic partnership to train a new generation of entrepreneurs for change

June 17, 2025
Elite Lauches in Lebanon

U.S. Counts 1,873 Listed Billion-Dollar Companies, More Than the Next Eight Economies Combined

June 17, 2025
Three employees killed as Israel attacks Iran’s state TV during live bulletin.

Three employees killed as Israel attacks Iran’s state TV during live bulletin.

June 17, 2025
Looking For A New Property? Here Are 10 Things You Need To Consider During The Hunt

Looking For A New Property? Here Are 10 Things You Need To Consider During The Hunt

June 16, 2025
7 Digital Marketing Techniques for Business Owners in 2020

Lockton Surprasses $4 Billion in FY2025 revenue

June 16, 2025

LATESTBUSINESS

Iconiq 777 Hosts Pathways to Apprenticeship Awards Ceremony in Newark

Iconiq 777 Hosts Pathways to Apprenticeship Awards Ceremony in Newark

by The FINANCIAL
June 17, 2025
0

Tips for Remodeling on a Budget

Tips for Remodeling on a Budget

by The FINANCIAL
June 17, 2025
0

 ‘Why Did My Car Insurance Go Up for No Reason?’

Insurers boost private assets allocations as capital increases

by The FINANCIAL
June 17, 2025
0

Elite Lauches in Lebanon

U.S. Counts 1,873 Listed Billion-Dollar Companies, More Than the Next Eight Economies Combined

by The FINANCIAL
June 17, 2025
0

7 Digital Marketing Techniques for Business Owners in 2020

Lockton Surprasses $4 Billion in FY2025 revenue

by The FINANCIAL
June 16, 2025
0

Mounting pressure beginning to drive progress for women in senior leadership

Women-Led Businesses Continue To Grow in 2025

by The FINANCIAL
June 16, 2025
0

REVAZ NATROSHVILI, CEO of Proservice

Proservice Launches Cloud Solutions, Expanding Infrastructure with Innovations

by Golden Brand
June 14, 2025
0

ROLAND ERADZE, Founder of Bona Georgia

Bona Georgia Expands with New Showroom and Innovations in Floor Care

by Golden Brand
June 14, 2025
0

GET IN TOUCH

Submit guest post/Letters to the Editor:

editor (at) finchannel.com

Sales & Marketing: (+995 558) 03 03 03 Email: marketing (at) finchannel.com

Whatsup: (+995 599) 96 52 52

Georgia:

(+995 599) 96 52 52 Email: editor (@) finchannel.com

Postal address: 17 Mtskheta str. Tbilisi, Georgia 0179 The FINANCIAL

RESOURCE

  • Work at the FINANCIAL
  • ePaper
  • Advertise in The FINANCIAL
  • Access ePaper
  • Guest posts
  • Contributed articles
  • AmericanStockNews
  • Coupon Codes
  • GLOSSY MAG
American Culture Center
ACC Partner

GUIDEBOOK

  • Meet our team
  • Invest in Georgia
  • Become contributor
  • Archive

FOLLOW US

  • Facebook
  • Twitter
  • Google+
  • Youtube
No Result
View All Result
  • Home
  • Business
    • BANKS
      • GeoBanks
    • Finance
    • Insurance
    • Markets
    • Pharmacy
    • Press Releases
    • RealEstate
    • RealEstate
    • Finance
    • Insurance
    • Banks
      • GeoBanks
    • Markets
    • Press Releases
    • Personal Finance
  • World
    • Americas
    • Europe
    • Georgia
      • Media
    • Ukraine
    • Europe
    • Georgia
      • Media
    • Ukraine
    • Americas
    • UK local news
  • Travel
    • Hotels in Georgia
    • Tours in Georgia
  • Videos
    • Promos
    • Soundslides
    • TheClinics
    • TheHoteliers
    • TheUniversities
    • TheHoteliers
    • TheClinics
    • TheUniversities
    • BestWorkplaces
    • Soundslides
    • Promos
    • Banking Forum
      • Promos
      • Soundslides
      • TheClinics
      • TheHoteliers
      • TheUniversities
  • Opinion
    • Editorial
      • Analysis
      • GORBI
      • OP-ED
      • VISA Editorial
    • Analysis
    • Gorbi
    • Book reviews
  • Tech
  • Interview
  • People
    • lifestyle
    • Health & Beauty
      • Coronavirus
    • LifeStyle
    • Employment
      • MyCareer
    • Education
    • Media
    • Celebrities
  • Oil&Auto
    • Auto
    • Energy
  • EN
    • EN
    • GE

© 2025 Intelligence Group llc

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.