The AI in medical imaging market is projected to hit $2B by 2023 — here's why

Imaging

A Signify Research report found the global market for artificial intelligence in medical imaging is expected to reach $2 billion by 2023.

Here are three key details to know:

1. AI plays a key role in radiology departments coping with an increasing volume of diagnostic imaging procedures.

2. Software that detects and diagnoses strokes or measures blood flow through AI can improve patient outcomes and can deliver returns on investments for healthcare providers.

3. Barriers to growth include reluctance to adopt new software, and government regulations slowing down the FDA approval of commercialized products.

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