July 2024
Next Gen Tech: Healthcare
With the increasing demand for new healthcare technologies, we explore five breakthroughs that may disrupt the industry.
Key takeaways
- The U.S. has one of the most expensive health systems in the world, with spending totaling $4.3 trillion in 2021 alone. But could wider adoption of AI technologies lead to a savings? Potentially, as pharmaceutical companies have long been in the vanguard of artificial intelligence, and researchers have been applying complex AI models to unlock the mechanisms of disease.
- Increasing life expectancy, population growth, antibiotics resistance and the "explosion" of healthcare data are all increasing the demand for new healthcare technologies, practices and approaches. Here, we explore five breakthroughs that have the potential to disrupt the industry and revolutionize healthcare as we know it.
- Bank of America Institute's 'Next Gen Tech' series explores 30 breakthrough technologies across artificial intelligence (AI), computing, robots, communication, healthcare, energy and mobility, that are about to alter our lives. Join us as we discuss what's next on the tech horizon.
Read our full analysis for a more in-depth look at these trends.
This publication is part of Bank of America Institute’s ‘Next Gen Tech’ series – focused on sharing 30 breakthrough technologies that will transform the world. Each week, we’ll highlight one of seven categories (artificial intelligence, computing, robots, communication, healthcare, energy and transport), and share advancements within each, so stay tuned for more.
