The imperative for Early Cancer Detection Drives Surge in Precision Medicine Market Fueled by AI advancement, with 609,820 Deaths in 2023 Reported By National Cancer Society, Spotlighting Urgent Need for advanced Solutions
The intersection of artificial intelligence(AI) and precision medicine holds the potential to transform healthcare significantly. Precision medicine techniques aim to identify specific patient phenotypes with uncommon responses to treatment or distinct healthcare requirements. AI plays a pivotal role by employing advanced computational processes and interference, allowing the system to derive valuable Insight, enhance reasoning capacity, and facilitate continuous learning. This, in turn, empowers healthcare practitioners in their decision-making processes through augmented intelligence. Recent literature underscores the importance of translation research in exploring the convergence of AI in Precision medicine, particularly those involving the interplay of non-genomic and genomic determinants. Integrating diverse data sources, including patient symptoms, clinical history and lifestyle, will streamline personalized diagnosis and prognostication.
The incorporation of AI in precise medicine contributes to a notable market increase. AI’s enhanced capability optimizes treatment approaches and paves the way for more targeted and personalized healthcare solutions, positively impacting the overall market dynamics.
AI has seen significant growth and acceptance in various domains in the past ten decades, notably within healthcare. AI offers opportunities for intelligent product design, novel services and new business models, yet it also poses social and ethical security, privacy, and human rights challenges. In precise medication, AI technologies range from virtual applications like deep-learning-based health information management systems to cyber-physical implementation, such as robotic assistants in surgeries and targeted nanorobots for drug delivery. Ai’s ability to recognize complex patterns has led to image-based detection and diagnostic systems performing better than clinicians. AI-enabled clinical decision support systems can reduce diagnostic errors, enhance decision-making intelligence, and assist in Electronic Health Record (EHR) data extraction.
Precision medicine, notably genotype-guided treatment, has revolutionized healthcare by using genetic information to determine optimal drug dosages, such as warfarin. The Clinical Pharmacogenetics Implementation Consortium provides guidelines for clinicians, enhancing drug therapy through genetic test results. Genomic profiling of tumours aids in tailoring targeted therapies for breast and lung cancer patients. Integrated into healthcare, precision medicine offers precise diagnoses, predicts disease risk preemptively, and designs personalized treatment plans for optimal safety and efficiency. Globally, the trend extends beyond the United States, with initiatives like the UK Biobank, BigBank Japan, and the Australian Genomics Health Alliance showcasing the global impact of changing attitudes towards precision medicine.
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