Funding for Medical Imaging AI Companies Tops $1.2 Billion

The technology is proving to be a revenue generator and a driver of innovation: The medical imaging AI market will likely exceed $1.7 billion by 2027, according to a report written by contributing writer Ellie Baker of Signify Research that AuntMinnie.com posted in July, and a recent report in the Journal of the American College of Radiology suggested that in the near future, venture capital funding will boost the number of AI radiology offerings cleared by the U.S. Food and Drug Administration.

Healthcare solutions that are sold to users, including providers, payers, consumers, and other healthcare stakeholders

It's no secret that the rapid growth of AI in radiology is being fueled by venture capital firms eager to see a payoff for early investments in startup AI developers. But are there signs that VCs' appetite for radiology AI is starting to wane?....