Quantzig, a global data analytics and advisory firm that delivers actionable analytics solutions to resolve complex business problems, has announced the completion of its latest article- ‘Three Applications of AI in The Medical Device Industry.’
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With AI becoming increasingly pervasive, it has enhanced the ability of businesses to perform sophisticated data analysis to achieve improvements in several areas right from R&D to product design and development. Today, artificial intelligence plays a crucial role in managing patient data, streamlining medical diagnostics, and in enhancing the R&D efforts within the medical device industry.
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According to Quantzig’s analytics experts, “The growing use of AI-based algorithms to support clinical decision making, early alerting, and risk scoring has made it easier for businesses to drive better outcomes by improving the quality of care.”
Three Applications of AI in The Medical Device Industry
1. Patient Monitoring
Monitoring disease progression using AI and machine learning can help automate the delivery of treatments through connected smart devices.
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2. Disease Management
The use of AI-driven platforms in scanning equipment can help businesses to improve the quality of care by enhancing clinical outcomes and reducing exposure to harmful radiation.
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3. Product Development
With artificial intelligence, medical device industry players can automate complex calculations, data modeling, and product testing. This, in turn, helps refine their R&D and product development processes.
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About Quantzig
Quantzig is a global analytics and advisory firm with offices in the US, UK, Canada, China, and India. For more than 15 years, we have assisted our clients across the globe with end-to-end data modeling capabilities to leverage analytics for prudent decision making. Today, our firm consists of 120+ clients, including 45 Fortune 500 companies. For more information on our engagement policies and pricing plans, visit: https://www.quantzig.com/request-for-proposal
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