The healthcare industry is reaching new heights in terms of enhancing the sector’s overall condition, thanks to the application of artificial intelligence
Artificial intelligence’s current fascinating breakthroughs are sweeping across all businesses and countries and the healthcare industry is no exception. It’s no surprise that all the developed, developing, and emerging nations are all concentrating on AI adoption to improve their healthcare prospects and progress. While AI technology advances globally, certain major AI powers strive for first place.
The top 10 countries in the world in terms of artificial intelligence in healthcare are shown below:
USA
In terms of becoming an AI superpower, the United States of America is giving China a run for its money. Because of the United States’ well-established tech culture, the country has profited from US$10 billion in venture money directed towards AI. However, due to recent country activities such as reduced AI funding, increased education prices and severe immigration restrictions for international research workers, the future of AI has become uncertain and is projected to diminish. In terms of healthcare, it is revolutionizing the industry.
China
China has always had lofty goals of becoming the world’s AI superpower. In light of this ambition, China’s State Council has declared that the country will be a US$150 billion AI worldwide leader by 2030. The aim seems to be hazy but attainable, given that it is already a global leader in AI research. Furthermore, the country has published a greater number of research articles on deep learning, than other major countries. The greatest benefit comes from its internet-using population (roughly 750 million people), which generates a massive amount of digital data to process in the healthcare industry.
France
Until 2022, the French government will invest US$1.8 billion in AI research. The French AI projects will focus on data, to enable private enterprises to publicly share their data to use it as AI use-cases in the healthcare industry. Other programmes will focus on research firms as well, to strengthen them over time. A specific amount of money will be put into an AI research collaboration with Germany.
Canada
Canada’s government invests heavily in AI projects, particularly in the healthcare sector. The Canadian government announced in March 2017 that it would invest US$125 million in Artificial Intelligence research. Canada began pursuing AI expertise after Donald Trump won the US presidential election. Furthermore, the Quebec government has warned that Canada must match its enormous investment with that of the United Kingdom and China, or risk falling behind in the race to become a world leader in artificial intelligence.
Russia
The AI leader, according to Russian President Vladimir Putin, will dominate the globe. Every year, the country spends US$12.5 million on AI. It has also been noted that Russia’s true AI robustness stems from the government’s limited involvement in both public and private AI activities. A few of the country’s AI demos are also military in origin. Apart from that, the country has made significant investments in the medical sector to incorporate AI into patient treatment.
UK
With 121 AI-enabled enterprises across Europe, the United Kingdom is the top. In 2017, UK IT startups received US$8.6 billion in private financing. This represents nearly 38% of all venture capital investment in the UK that year. The UK government announced US$78 million in financing for robotics and AI research initiatives in the same year. They’re also putting a lot of money towards integrating AI into the healthcare industry.
Germany
The country is famed for its clockwork efficiency and is well-versed in technical knowledge. Germany is ready to combine history with technological advancements. The country feels confident in its position as a leader in robotics, self-driving cars, and quantum computers. This country has made great strides in the field of healthcare and technical innovation. In addition, Germany’s Cyber Valley is attracting a lot of international attention and investment.
India
India as a rapidly rising and developing country is undergoing a significant digital revolution. The influence of digital technologies on economic aspects and GDP, which is 8%, can be used to quantify the impact of technology such as artificial intelligence (AI) in the country. In the next two years, the percentage is predicted to rise to 60%. It has also begun to incorporate AI in the field of healthcare for the benefit of patients. However, the Indian government has not granted any funding allocation, even though the country is keen to lead the AI race by embracing several AI initiatives.
Norway
Norway has shown its ambition to go technologically beyond its oil-drilling and fishing roots. Even though Norway has a long way to go before becoming an AI power, the accelerator programme, which was founded in 2017 with US$11 million in funding to build Norway as a technological powerhouse, has set some major leadership targets. It has left no room for AI to be implemented in practically every area, particularly healthcare.
Sweden
According to a recent survey performed in Sweden, 80% of inhabitants are positive about AI and robots, implying that replacing human workers with AI would not be difficult. Rather, those who are well-versed in AI and technology are more inclined to support the growth of automation across Sweden’s diverse businesses. AI is also getting a thumbs up from the Swedish unions and workers in the healthcare sector, who believe it will improve the majority of human talents and provide them with a competitive advantage in the worldwide market.