Today, the world is witnessing great advances in the healthcare industry through technological innovations that will lead to a brighter future. Technology and Innovation is playing a major role in clinical training, robotics, drug discovery, disease management and e-medicine field. Recent advent of Artificial Intelligence (AI) and Machine Learning (ML) has led to massive developments in the healthcare industry. This advancement has enabled the mining of complex data as it is based on artificial intelligence and machine learning algorithms, that processes language and image recognition which can be done for a controlled study of patients. Advanced technology is also playing a major role in drug safety through efficient drug manufacture. There are innovations with regard to mining medical records, and doing a controlled study, along with risk assessment in real-time systems, leading to a reduction in the cost of medical treatments and promising a healthy future.