Artificial intelligence (AI) is emerging as a powerful force reshaping the healthcare sector, offering transformative potential for investors. According to Lord Abbett, AI is already a disruptive driver of innovation, unlocking new efficiencies and capabilities across the industry. The asset manager identifies three key areas where AI could have the most significant impact: enhancing disease detection and monitoring, accelerating drug discovery, and optimising healthcare delivery and treatment. These developments are not only improving patient outcomes but also redefining competitive dynamics within the sector.
“The healthcare sector is poised to reap significant benefits from advanced technologies such as AI and big data that can generate the potential for attractive investment opportunities for years to come,” opines Heidi Lawrence, Portfolio Manager in the Innovation Growth Equity team of Lord Abbett.
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