With healthcare facilities facing staff shortages and increased patient loads, innovative AI-driven solutions are becoming a necessity. Solutions from companies like Vitalacy, Current Health, and Care.ai, are leveraging artificial intelligence (AI), sensor technology, and real-time monitoring to enhance patient safety and optimize hospital efficiency. As such, AI-driven healthcare innovations will continue to gain traction, helping providers navigate workforce challenges while delivering improved outcomes, according to GlobalData, a leading data and analytics company.

GlobalData’s latest report, “AI in Healthcare: A Strategic Imperative to Enhance Efficiency and Patient Care”, reveals that approximately 30% of global data is generated in hospitals, of which a staggering 90% remains unused. The report highlights the growing reliance on AI-powered solutions to address critical healthcare challenges, including fall prevention, patient elopement, and staff burnout.

Vitalacy’s newest AI-powered Virtual Care system is revolutionizing patient monitoring by minimizing fall hazards and easing the burden on caregivers. It leverages advanced AI, stereo cameras, and real-time monitoring to enhance patient safety.

Kamilla Kan, Senior Data Scientist at GlobalData SKU Team, comments: “Vitalacy’s Virtual Care platform integrates AI learning with stereo camera depth perception to significantly reduce false alerts and allow timely interventions. This advanced approach enhances accuracy, making it a game-changer for patient monitoring.”

According to GlobalData forecasts, the Remote Patient Monitoring (RPM) market will reach $760 million by 2030, up from $548.9 million in 2020 with a compound annual growth rate (CAGR) of 3.3% over the period.

Kan continues: “As AI continues to revolutionize healthcare, virtual care solutions from companies like Vitalacy, Care.ai, and Current Health are setting new standards for efficiency, safety, and patient-centric care. These advancements reflect a broader industry trend towards automation and real-time intervention capabilities.”