Simon Harris

Chairman

Simon has 26 years of experience in technology market intelligence, having served as Executive Vice President at IMS Research and Senior Research Director for IHS Inc.’s Technology division. Whilst at IMS Research he established the InMedica brand of medical market research. Out of work, Simon has a passion for indie music, fast cars, and of course – his wife and three children.

The latest from Simon Harris

Insight
30 Jul 2020: AI in Healthcare, Medical Imaging
AI is Poised to Make a Transformative Impact on the Ultrasound Market
Ultrasound is generally perceived as an essential diagnostic tool, and it is widely used in many clinical applications. With the use of ultrasound spreading quickly to point-of-care applications, such as emergency medicine, intensive care, anaesthesia, and more, it is becoming ubiquitous throughout healthcare systems.
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Insight
10 Sep 2019: Medical Imaging
World Ultrasound Market Forecast – Mid Year Update
After a record year in 2018, the current world trade slowdown is taking its toll on the ultrasound market and the outlook for 2019 is for slower growth.
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Insight
13 Jun 2019: Medical Imaging
Five Trends Shaping the Future of the Global Ultrasound Market
2018 was a record year for the world ultrasound equipment market, with revenues increasing by 6.8%, tipping the market over the $7 billion mark for the first time. Despite the backdrop of global economic uncertainty, the ultrasound market is forecast to continue to grow relatively strongly in the coming years, with the following trends driving growth.
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Insight
13 Jun 2019: AI in Healthcare, Clinical Care, Digital Health, Medical Imaging
Philips 2019 Industry Analyst Forum – Key Take-Aways
The last two-to-three years has seen Philips complete its transformation into a pureplay healthcare technology vendor.
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Insight
05 Dec 2018: AI in Healthcare, Healthcare IT, Medical Imaging
AI at RSNA – Signs of Maturity, But a Long Way to Go
AI was once again the hot topic at this year’s RSNA. With close to 60 AI start-ups in the Machine Learning Showcase and most of the incumbent modality and imaging IT vendors marketing AI to varying degrees, the technology was hard to ignore at this year’s meeting.
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Insight
20 Nov 2018: Medical Imaging
Global Ultrasound Market in 2018 – End of Year Update
The global ultrasound market is on track for a strong year, with the annual revenue growth rate forecast to reach 6.6%, notably higher than the 5.1% growth we predicted at the start of the year (2018 Set to be a Strong Year for Global Ultrasound Market, January 2018). The EMEA and Americas markets are forecast to grow at mid-single-digit rates, slightly faster than our January forecast, with Asia remaining the fastest growing market, largely driven by China.
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Insight
06 Sep 2018: AI in Healthcare, Healthcare IT, Medical Imaging
Business Models for AI in Medical Imaging
Until fairly recently, most medical image analysis software was workstation-based and sold with a perpetual (one-time) software licence. However, with the introduction of cloud-based AI solutions, subscription and fee-per-study models are becoming more prevalent and are forecast to account for an increasing share of the market in the coming years - see chart below. Subscription models are typically preferred by vendors as they create sustainable, recurring revenue streams.
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Insight
02 Aug 2018: AI in Healthcare, Healthcare IT, Medical Imaging
AI in Medical Imaging to Top $2 Billion by 2023
The world market for machine learning in medical imaging, comprising software for automated detection, quantification, decision support and diagnosis, is set for a period of robust growth and is forecast to top $2 billion by 2023, according to a new report from Signify Research, an independent supplier of market intelligence and consultancy to the global healthcare technology industry.
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Insight
03 Jul 2018: AI in Healthcare, Healthcare IT, Medical Imaging
Funding Analysis of Companies Developing Machine Learning Solutions for Medical Imaging – 2018

There are over 80 start-up companies developing artificial...

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Insight
03 Jul 2018: Medical Imaging
Digital X-ray Goes Retro and Mobile in Europe
In recent years the annual growth rate of the European general radiography market has stalled to a near standstill. 2018 is expected to see a continuation of the trend, with market revenues forecast to increase by a mere 1%. The market has been buoyed in recent years by the transition from analogue and computed radiography (CR) to fully digital systems, but in Western Europe this trend has largely run its course. However, there are still opportunities for growth, both at a product and country level.
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Insight
21 Jun 2018: AI in Healthcare, Healthcare IT, Medical Imaging
Investment in Medical Imaging AI Companies Tops $500 Million
Capital investment in companies who are developing machine learning solutions for medical image analysis reached $522 million by the end of the first half of 2018. There was a surge of investment towards the end of 2017, with nine deals completed in Q4 2017 worth a combined $141 million. This has continued into 2018, with deal value reaching $143 million across nine deals in the year-to-date.
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Insight
09 May 2018: AI in Healthcare, Healthcare IT, Medical Imaging
The Next Frontier – Medical Imaging AI in the Age of Edge Computing
As AI gains traction in the medical imaging market, and its benefits for clinical diagnosis and more accurate early disease detection are being better understood by healthcare stakeholders, it is no longer a question of will AI be used, but rather how will it be deployed.
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