Insurance Analysis

Healthcare AI: Vertical Model Race Heats Up

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On February 18, 2025, the landscape of medical artificial intelligence (AI) took a significant leap forward in Shanghai during the Medical AI and Precision Medicine Development ForumHere, the Ruizhi Pathology Model was formally unveiled, a sophisticated creation powered by Huawei's DCS AI solutionsThis model stands out not merely as another addition to the growing roster of AI technologies but as a potentially transformative tool for the healthcare sector, especially in how it processes vast amounts of unstructured data that are prevalent in medical settings.

The proliferation of self-developed AI models from various publicly listed companies signals a fervent commitment to enhancing medical diagnostics, treatment methodologies, and patient carePractitioners and technologists alike believe that improving AI capabilities can facilitate breakthroughs in drug discovery, disease diagnosis, prediction and prevention, clinical treatments, telemedicine, and healthcare management, instigating a wave of innovation in medical information systems, internet healthcare, AI-driven pharmaceuticals, medical robotics, and well-being robotics.

One of the primary features of the Ruizhi Pathology Model is its ability to integrate multi-modal data while accounting for the unique disease characteristics prevalent within the Chinese populationThis is crucial as it allows doctors to provide sharper, more effective diagnostic support for common cancers, including those that affect approximately 90% of the population diagnosed annually in China, such as lung, breast, colorectal, and stomach cancersSuch models are seen as vital to the shift towards precision medicine, transcending traditional practices that relied heavily on empirical data.

Further emphasizing the momentum in AI development, several companies are actively revealing their self-engineered modelsFor instance, Lexin Medical recently highlighted its cardiovascular-focused AI model designed to be synergistic with its smart healthcare products

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Through health monitoring and AI-driven data analysis, this model aims to deliver tailored chronic disease management strategies for usersSimilarly, in December 2024, Tencent and Mindray Medical announced the launch of the world's first severe medical AI model, which can distill a patient’s vital signs data into a comprehensive digital profile in a mere five seconds, underscoring the potential for rapid assessment in critical healthcare settings.

At the annual JD Health Medical Summit held earlier this year, JD Health introduced its “AI JD Medicine” suite, featuring various AI healthcare products, including AI doctors and diagnostic assistants, marking a significant digital transformation in healthcare delivery modelsThe excitement surrounding AI applications in medical fields was palpable, especially with companies like DeepSeek leading the chargeTheir technology quickly gained traction as numerous publicly listed healthcare companies announced their incorporation of DeepSeek's AI model in February 2025. For instance, New Journey Hospital successfully deployed the DeepSeek-R1 model in its services, enhancing its operational efficiency.

As the landscape rapidly evolves, investments in AI healthcare begin to manifest at an accelerating paceThere is a pronounced interest from the capital market, underscoring a trend where tech is merging with life sciencesThe success of Xunfei Medical Technology’s initial public offering on the Hong Kong Stock Exchange exemplifies this interest, with the company raising over 500 million HKD to fund AI model research and commercialization.

Moreover, the current financial ecosystem around AI in healthcare highlights how companies like Shenyuan Medical are gaining backing from venture capitalistsFollowing a recent funding round, they secured nearly 500 million RMB to fuel innovations in AI tools that empower a more efficient healthcare ecosystemThis trend showcases a commitment from stakeholders towards not just enhancing existing technologies but pioneering advancements that could redefine patient care.

Collaborative efforts amongst enterprises are also intensifying

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