The global healthcare industry experienced a 21% decline in the number of artificial intelligence-related patent applications in Q1 2023 compared with the previous quarter. The total number of artificial intelligence-related grants dropped by 30% in Q1 2023, according to GlobalData’s Patent Analytics. The growing application of Artificial Intelligence will prove to have a transformative impact on the healthcare sector. GlobalData’s Artificial Intelligence (AI) Market report helps keep abreast of the latest trends in Artificial Intelligence, market opportunity forecast and the competitive landscape. Buy the report here.
Notably, the number of artificial intelligence-related patent applications in the healthcare industry was 1,333 in Q1 2023, versus 1,681 in the prior quarter.
The top five companies accounted for 7% of patenting activity
Analysis of patenting activity by companies shows that Siemens filed the most artificial intelligence patents within the healthcare industry in Q1 2023. The company filed 33 artificial intelligence-related patents in the quarter, compared with 18 in the previous quarter. It was followed by Koninklijke Philips with 31 artificial intelligence patent filings, Medtronic (13 filings), and F. Hoffmann-La Roche (11 filings) in Q1 2023.
Patenting activity was driven by China with a 24% share of total patent filings
The largest share of artificial intelligence related patent filings in the healthcare industry in Q1 2023 was in China with 24%, followed by South Korea (10%) and the US (7%). The share represented by China was 9% lower than the 32% share it accounted for in Q4 2022.
To further understand GlobalData's analysis on Artificial Intelligence (AI) Market Size, Share, Trends Analysis, and Segment Forecast 2021-2026 buy the report here.
Subscribe to our Newsletter
Get industry leading news, data and analysis delivered to your inbox
GlobalData, the leading provider of industry intelligence, provided the underlying data, research, and analysis used to produce this article.
GlobalData’s Patent Analytics tracks patent filings and grants from official offices around the world. Textual analysis and official patent classifications are used to group patents into key thematic areas and link them to specific companies across the world’s largest industries.
