AI-Powered Tools make their Mark in Skin Cancer Diagnostics Market - PowerPoint PPT Presentation

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AI-Powered Tools make their Mark in Skin Cancer Diagnostics Market

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The global skin cancer diagnostics market is expected to reach $7252.15 million by 2032, growing at a CAGR of 7.13% during the forecast period 2023 to 2032. – PowerPoint PPT presentation

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Date added: 28 January 2024
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Title: AI-Powered Tools make their Mark in Skin Cancer Diagnostics Market


1
AI-Powered Tools make their Mark in Skin Cancer
Diagnostics Market Artificial Intelligence (AI)
has donned a transformative role in skin cancer
diagnostics, with dermatologists playing a key
part in its responsible development and
implementation. AI entails the potential to
enhance the speed and accuracy of skin cancer
diagnosis, thereby generating better outcomes for
patients. According to Inkwood Research, the
global skin cancer diagnostics market is set to
garner a revenue of 7252.15 million by 2032,
projecting a CAGR of 7.13 during 2023- 2032.
  • This blog examines the existing and
    forthcoming AI-related diagnostic tools making
    their mark in the global skin cancer diagnostics
    market.
  • Mission Efficiency Proscias DermAITM
  • DermAI was launched on 19th June 2019 by
    Proscia. It is a module
  • on Proscias Concentriq platform. It leverages
    deep learning to classify and pre- screen skin
    biopsies to help enhance laboratory quality
    efficiency and minimize costly errors.
  • This development is against the backdrop of
    declining medical professionals entering
    pathology. Besides, the standard diagnosis of the
    skin biopsies taken in the United States annually
    is based on a pathologists interpretation of
    tissue patterns through a microscope. This
    150-year-old subjective and manual practice lags
    with regard to the rising demand for pathology
    diagnosis or critical data delivery for precision
    treatment.
  • The DermAI algorithm was trained and tested using
    patient biopsies from prominent commercial and
    academic dermis laboratories, including Thomas
    Jefferson University Hospital, University of
    Florida, Dermatopathology Laboratory of Central
    States, and Cockerell Dermatopathology. The
    multi-site study
  • validated DermAIs performance using more than
    20,000 patient biopsy slides.

2
  • DermAIs central capabilities include the
    following
  • Improved Technical Component Reporting It
    enables a dermatopathology lab to offer
    additional insights into its labwork. This will
    guide the lab in handling the professional
    component.
  • Automated QA It analyses the entire caseload of
    the lab and provides an AI-based interpretation
    for every case. Also, DermAI offers an automated
    second layer of
  • quality review across the lab.
  • Case Prioritization and Intelligent Workload
    Balancing DermAI allows the lab to triage, sort,
    and prioritize cases. It optimizes the allocation
    of cases to dermatopathologists in a lab. The
    criteria include the order of cases to examine,
    subject matter expertise, and continuity.
  • Explains David West, CEO of Proscia, To date,
    attempts to apply AI to pathology have been
    engineered in isolated development environments
    using toy datasets.
  • The challenge in fulfilling the promise of deep
    learning in diagnostic medicine is bringing to
    market a solution that can perform in the real
    world where we face tremendous variability among
    labs, systems, and specimen. Proscia is the first
    to deliver on this promise. (Source)
  • Eliminating Hassles Efficiently MITs AI-Powered
    Tool for Melanoma Detection
  • As per MIT News, the researchers at MIT developed
    an AI-powered SPL (suspicious
  • pigmented lesions) analysis system to precisely
    assess the pigmented lesion on the skin to detect
    anomalies. Physicians rely on visual inspection
    to identify SPLs, which can indicate skin cancer.
    SPLs early-stage identification can considerably
    minimize treatment costs and enhance melanoma
    prognosis.
  • However, a swift finding of SPLs is difficult,
    impeded by the large volume of pigmented lesions
    that need evaluation. Accordingly, researchers
  • at MIT collaborated to devise a new artificial
    intelligence pipeline using deep convolutional
    neural networks (DCNNs). These were applied to
    SPLs analysis through wide-filed photography.
  • Further, the tool uses DCNNs to effectively
    identify early-stage melanoma using cameras. The
    system was trained using 20,388 wide-filed images
    from 133 patients at the Hospital Gregorio
    Maranon in Madrid. The dermatologists then
    visually classified the lesions for comparison.
    The system displayed over 90.3 sensitivity in
    distinguishing SPLs from nonsuspicious lesions,
    thereby eliminating the need for time-consuming
    and cumbersome individual lesion imaging.
  • Says Luis R. Soenksen, a postdoc and a medical
    device expert currently acting
  • as MITs first Venture Builder in Artificial
    Intelligence and Healthcare, Our research
    suggests that systems leveraging computer vision
    and deep neural networks, quantifying such common
    signs, can achieve comparable accuracy to expert
    dermatologists, Soenksen explains. We hope our
    research revitalizes the desire to deliver more
    efficient dermatological screenings in primary
    care settings to drive adequate referral.
    (Source)

3
  • Enroute Equalized Coherence Dermalyser by AI
    Medical Technology
  • On 7th February 2023, AI Medical Technology, a
    Swedish start-up, announced the clinical trial
    results of Dermalyser conducted at 37 Swedish
    primary
  • facilities. Dermalyser (a mobile application) is
    a diagnostic decision support system
  • authorized with advanced artificial intelligence.
    The study included 240 patients seeking primary
    care for melanoma-suspected cutaneous lesions.
  • Dermalyser showcased an exceptional performance
    of 86 specificity
  • and 95 sensitivity, surpassing primary care
    dermatologists and physicians.
  • Says Christoffer Ekström, CEO of AI Medical
    Technology, The remarkably high sensitivity and
    specificity levels demonstrate the clinical
    performance and benefit of Dermalyser,
    particularly since the study was conducted in a
    real world, primary care setting representing
    different demographics, personnel, and
    geographical location. (Source)
  • Further, Olle Larkö, Professor in Dermatology
    Venereology and former Dean at Sahlgrenska
    University, adds, Indeed exciting results, these
    numbers show potential of not only improving
    future visual diagnostic accuracy, but also
    decreasing the amount of workload that
    dermatologist too often are dealing with in their
    daily practice. Nevertheless, additional studies
    are necessary to confirm the positive results.
    (Source)
  • Future Implications of AI in Skin Cancer
    Diagnostics Market
  • One application of artificial intelligence (AI)
    in skin cancer diagnosis is the use of deep
    learning algorithms to analyze skin lesion
    images. These algorithms can be directed on large
    datasets of images, facilitating the accurate
    identification of features and patterns
    associated with skin cancer. Another application
    of AI is decision support systems, which provide
    clinicians with recommendations and information
    about skin cancer treatment and diagnosis.
  • Furthermore, the use of AI in skin cancer
    diagnosis has the potential to minimize
    healthcare costs and enhance patient outcomes.
    However, AI should not be treated as a substitute
    for clinical judgment. Human expertise still
    triumphs when interpreting the results
    generated by AI algorithms.
    Nevertheless, several AI-related
    developments and tools are making their mark in
    the global skin cancer diagnostics market.
  • By Akhil Nair
  • FAQs
  • What are the different screening types used for
    skin cancer detection?
  • A Dermatoscopy, biopsy imaging tests, lymph
    node, skin biopsy, and blood tests are the
    different screening types used for skin cancer
    detection

4
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