Selecting an AI Marketplace for Radiology: Key Considerations for Healthcare Providers

Dr Sanjay M Parekh headshot
Dr Sanjay M Parekh
Published: October 23, 2019 In The News

18th October 2019 – Written by Sanjay Parekh – Featured on IT Online – Artificial intelligence platforms and marketplaces, akin to mobile app stores, offer a unified approach to deploying AI in medical imaging.

As the nascent market for artificial intelligence (AI) in medical imaging develops, healthcare providers are faced with the question of how best to select, purchase and implement the rapidly expanding range of regulatory approved AI-enabled imaging applications and AI algorithms. More than 50 vendors have received regulatory clearance for medical imaging AI products and with more than 200 algorithm developers active in the market, product availability will increase many-fold in the coming years. Purchasing algorithms direct from multiple vendors adds an administrative overhead, not to mention the technical challenges of integrating these algorithms in existing systems and clinical workflows. AI platforms and marketplaces, akin to mobile app stores, offer a unified approach to deploying AI in medical imaging. A summary from Signify Research of the advantages and disadvantages for healthcare providers of AI marketplaces is provided below.