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: Proscia's DermAITM
DermAI™ was launched on 19th June 2019 by Proscia. It is a module on Proscia's 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 pathologist's 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 DermAI's performance using more than 20,000 patient biopsy slides. DermAI's central capabilities include the following: