Uploaded on Feb 16, 2024
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.
AI-Powered Tools make their Mark in Skin Cancer Diagnostics Market
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:
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 o f 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: MIT’s 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 MIT’s 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)
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
Which country projects promising growth potential for skin cancer
diagnostics?
A: Germany projects promising growth potential for skin cancer diagnostics.
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