1、June 20242TITLE OF REPORT|5Investment Landscape9The Patient Journey14Adoption17Authors&AcknowledgementsMore than just the latest buzzword,artificial intelligence(AI)has captured the worlds attention by demonstrating limitless possibilities and rapidly becoming part of everyday life.This fast-moving
2、technology has garnered investment across industries and from the public sector.The White House recently committed over$3B through the Safe,Secure and Trustworthy Development and Use of Artificial Intelligence executive order.Few sectors stand to benefit more than life science and healthcare.Advance
3、ments in AI are providing value in this industry from improvements in administrative efficiency to patient outcomes and drug discovery.With an eye toward the patient journey,we explore the various ways AI is reshaping healthcare.Over the last five years,AI deal activity has grown faster in healthcar
4、e than in tech overall.Today,one in four dollars invested in healthcare companies is going to companies that are leveraging AI1.While AI in drug discovery and therapeutics are garnering outsized attention,most of the investment is going toward other applications.Administrative and clinical use cases
5、 are seeing 60%of the total AI investment2 in healthcare.Therefore,this report focuses on these emerging AI applications that are impacting patients from diagnosis to recovery.The immense cost of developing generative AI is driving consolidation in the industry toward tech giants who are,in turn,inv
6、esting more into healthcare.Some startups are finding success partnering with big tech by using their compute resources and their ability to deploy AI at scale.The success of any AI solution hinges on overcoming adoption challenges.On the product side,it starts with clean,quality,well-structured dat