Ellie Baker

Cranfield, UK, 25th April 2024 - Over $5.3 billion has been raised by medical...

Medical imaging AI is increasingly included within radiology IT tenders, with imaging IT vendors needing to address how the integration of AI image analysis tools into the workflow will be achieved.

Find out what the biggest AI in medical imaging trends were at ECR 2024, and what was new at this year’s congress in this insight written by Ellie Baker.

Most commercially successful vendors within the medical imaging AI market have targeted the image analysis component of the radiology chain (see figure below). This is unsurprising, as image analysis represents the proportion of the chain where most clinical impact can be asserted, opening the doors to impacting clinical guidelines, gaining reimbursement and improving patient outcomes.

Our new video content provides our expert insights through ever more accessible forms. As usual these market insights will highlight our Analysts takes on the developments within the healthcare tech arena as they conduct their market intelligence research.

From an outsider’s perspective, the medical imaging AI market may look like an easy win, with the recent publication of the US-FDA AI/ML-Enabled Medical Devices database highlighting an expected increase in the volume of AI/ML-enabled devices for 2023 compared to 2022.

he medical imaging AI market was estimated at $576 million in 2022, an increase of more than $75 million compared to Signify Research’s 2021 report. The market is forecast to soar and reach more than $1.73 billion by 2027, with a growth rate of 25% across the forecast period.

The British Institute of Radiology AI Congress returned for 2023, bringing together a considerable number of thought leaders and pioneers across NHS England, NHS Scotland, and the UK.