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Adoption and Innovation of AI Tech in the Healthcare Sector
Point Roberts, Washington and Vancouver, British Columbia--(Newsfile Corp. - December 22, 2021...
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[{"type":"text","content":"Adoption and Innovation of AI Tech in the Healthcare SectorPoint Roberts, Washington and Vancouver, British Columbia--(Newsfile Corp. - December 22, 2021) - Investorideas.com (https://www.investorideas.com/), a global investor news source covering Artificial Intelligence (AI) issues a sector snapshot on the role of AI in healthcare, featuring technology company GBT Technologies Inc. (OTC Pink: GTCH). Read the full article on Investorideas.comAI Healthcare stocks to watchhttps://www.investorideas.com/News/2021/artificial-intelligence/12220Healthcare.aspArtificial Intelligence (AI) technologies have achieved near ubiquity in everyday life and in few places is this more true than in the healthcare sector. Recent research published by Markets and Markets projects that globally the AI in Healthcare market will grow from $6.9 billion USD in 2021 to $67.4 billion by 2027. A similar report published by Allied Market Research forecasts a market size of $194.4 billion by 2030. As might be expected, much of this is driven by demands for innovation spurred on by the COVID-19 pandemic, but the former report in particular also cites the \"market influx of large and complex healthcare datasets, growing need to reduce healthcare costs, improving computing power and declining hardware cost,\" and more as being key factors influencing the market's growth.With regard to COVID-19 however, the following excerpt from the Allied Market Research report's overview reads:At present, AI technologies are playing a crucial role to combat the pandemic. Though the use of AI in healthcare is not a new notion, its application in the COVID-19 outbreak situation has proven its prospects in the sector. The AI tools are rapidly being used to detect & diagnose the virus and retort to the outbreak through personalized information and learning.GBT Technologies Inc. (OTC Pink: GTCH), an early stage technology developer in (IoT), and Artificial Intelligence (AI) Enabled Mobile Technology Platforms, recently announced plans to implement Metaverse Technology within its Apollo (Internal Project Code Name) motion detection system. The following statement from the company outlines the technology, indicating as well its application outside of healthcare:The system is based on radio waves and can detect a moving entity's motion and stationary positions enabling an imaging ...