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US Tech Partnership To Provide Cloud-based AI for Conversational Telemedicine Applications

US Tech Partnership To Provide Cloud-based AI for Conversational Telemedicine Applications | Language Tech Market News | Scoop.it

VSee and CloudMinds Technology have announced a partnership to overcome key challenges in next generation telemedicine application delivery. Telemedicine obstacles remain in patient-to-provider face-to-face communication including accurate translation, voice recognition and understanding of patient intent. VSee and CloudMinds are integrating a telemedicine platform with cloud-based AI to overcome these challenges.

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Healthcare Cognitive Computing Market Revenue at $13.3B by 2024

Healthcare Cognitive Computing Market Revenue at $13.3B by 2024 | Language Tech Market News | Scoop.it

According to a market research report published by P&S Market Research, global healthcare cognitive computing market revenue is forecast at $13.3 billion by 2024, the APAC healthcare cognitive computing industry is expected to witness the fastest growth in demand, at a CAGR of 41.6%, during the forecast period
Growth will be driven by the increasing burden of chronic diseases, technology advances in the healthcare industry encouraging the use of cognitive computing in healthcare, and rising adoption of third computing platforms.

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Healthcare #NLProc Market Worth $4.3B by 2024

Healthcare #NLProc Market Worth $4.3B by 2024 | Language Tech Market News | Scoop.it
According to the research report, the global healthcare natural language processing market is expected to be worth US$4.3 bn by the end of 2024 as compared to US$936 mn in 2015. During the forecast years of 2016 and 2024, the global market is projected to rise at a CAGR of 18.8%.
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Global Cognitive Computing Market for Cancer Worth $4B by 2022

Cognitive Computing for Cancer has revolutionized the healthcare industry. This technique is allowing a previously unattainable level of personalized treatment options with efficiency and simplicity. Due to this ability, it is anticipated that the Global Cancer Cognitive Computing market will cross US$ 4 Billion by 2022. The growth of the market is likely to be driven by advancements in computing platforms, rising installation of cognitive computing software in hospitals, increasing large and complex genomic datasets, and growing cancer incidences.
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Inspirata Acquires AIM #NLP Assets

Inspirata Acquires AIM #NLP Assets | Language Tech Market News | Scoop.it
Cancer informatics and digital pathology workflow solution provider Inspirata®, Inc. announced today that it has acquired Toronto-based Artificial Intelligence in Medicine, Inc. (AIM). AIM has spent more than 30 years developing and commercializing tools that leverage Artificial Intelligence (AI) and Natural Language Processing (NLP) to extract cancer related information and data from clinical documents, such as pathology reports, molecular testing reports, treatment plans and clinician’s notes.
LT-Innovate's insight:

Industry is snapping up not just young start-ups but also established language tech companies as the competition increases for AL mastery. 

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AI in Healthcare Market to Reach $25.16B by 2025

AI in Healthcare Market to Reach $25.16B by 2025 | Language Tech Market News | Scoop.it
According to the new market research report launched by Inkwood Research, the global artificial intelligence in healthcare market was valued at $1.21 billion in 2016 and is estimated to generate a net revenue of approximately $25.16 billion by 2025 growing at a CAGR of 40.07% during the forecast period 2017-2025.
LT-Innovate's insight:

Take your pick of the market reports listed on this page...

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Free Movement of Health Data in Europe is Tantalizingly Close

Barriers to the free movement of health data across the European Union.  Pleasingly, in most countries, it reveals that those barriers are rather lower than we might think. The report analyzed the eHealth ecosystem in five countries: Finland, Germany, Poland, Sweden and the United Kingdom (England), before gauging the public response to data sharing in those nations, and the various obstacles that might prevent sharing from occurring.

LT-Innovate's insight:

If this is true,accessible health data would boost many health solutions, and offer huge multilingual processing opportunities.

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