$GTCH globally the AI in Healthcare market will grow from
$GTCH 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 technology to show these movements and positions on a computer screen in real time. Internal project code name Apollo, includes an AI technology that controls the radio waves transmission and analyzes the reflections, constructing 2D/3D images in real time.
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