Signify Pegs Value of AI Market

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Ellie Baker
Published: July 20, 2023 In The News

20th July 2023 – Ellie Baker – Featured on theimagingwire.com

Signify projects the market to grow to $1.73B by 2027, representing aggregate growth of 25% across the forecast period. Sales of medical imaging AI are in four main segments: cardiology ($192M), neurology ($159M), pulmonology ($88M), and breast imaging ($69M). Despite the growth, Signify notes that AI still faces clinical adoption challenges, and venture capital firms are becoming more discerning.