SANTA CLARA, Calif., July 26, 2018 /PRNewswire/ -- Medical imaging has become the bellwether for the application of artificial intelligence (AI) technologies, especially deep learning techniques in the healthcare space. For instance, over 90 companies are at various stages of development and commercialization of AI-based solutions for the medical imaging industry. This number continues to grow as new startups emerge, the incumbents develop native AI solutions, and technology companies move into the field, creating a highly dynamic collaborative ecosystem amongst players of diverse backgrounds. With many countries edging past the innovator adoption phase and into the early adopter one, the stakeholders should now focus on refining and testing their value proposition, partnership approach, and go-to-market strategies.

Frost & Sullivan's recent analysis, Artificial Intelligence for Medical Image Analysis—Companies-to-Action, 2018, examines the regional differences, regulatory developments, growth opportunities, funding investments, imaging modalities, clinical specialties, organs and disease states targeted by AI solutions, plus the top 10 predictions for the future of this industry. It also highlights the use cases that will take off in the market and the key companies that will disrupt traditional medical image analysis workflows.

For further information on this analysis, join us for our Growth Innovation Leadership (GIL) webinar, "The Impact of Artificial Intelligence in Medical Imaging," on Aug. 9, 2018, from 11 a.m. to 12 p.m. Eastern Time.
"In looking at the current progress on the research and development (R&D) side, we can already start drawing a parallel between the automotive industry and the advent of self-driving cars and the medical imaging industry where AI-powered self-driving scanners are shaping up," said Nadim Daher, Medical Imaging and Informatics Industry Principal. "Smart imaging equipment that can take the driver's seat in optimizing and personalizing imaging studies for every patient, while accelerating the decision support process and improving image depth all with lower contrast and radiation doses, gives the industry something to look forward to for the next generation of medical imaging systems."     

These advances in AI for medical imaging are evident all across the globe, but each country has a different incentive and vision. Some developed countries such as the United States require higher productivity and standardization. However, other countries such as the United Kingdom need to address shortages and higher wait times, and the developing ones such as China may need it to build access and expertize to improve diagnosis rates.

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