The healthcare industry continues to be a hotbed of innovation. Activity is driven by telemedicine, real-time diagnostics, smart hospitals and access to digital therapies, as well as the growing importance of technologies such as artificial intelligence (AI), the Internet of Things (IoT), augmented reality (AR), robotics and data management practices. In the last three years alone, there have been over 106,000 patents filed and granted in the healthcare industry, according to GlobalData’s report on Artificial Intelligence in Healthcare: AI-assisted MRI. Buy the report here.
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According to GlobalData’s Technology Foresights, which which uses over 443,000 patents to analyse innovation intensity for the healthcare industry, there are 200+ innovation areas that will shape the future of the industry.
AI-assisted MRI is a key innovation area in artificial intelligence
AI is widely used in magnetic resonance imaging (MRI) due to its MRI-specific soft tissue contrast, wide range of structural and physiological acquisition protocols, and its diagnostic potential.
GlobalData’s analysis also uncovers the companies at the forefront of each innovation area and assesses the potential reach and impact of their patenting activity across different applications and geographies. According to GlobalData, there are 50+ companies, spanning technology vendors, established healthcare companies, and up-and-coming start-ups engaged in the development and application of AI-assisted MRI.
Key players in AI-assisted MRI – a disruptive innovation in the healthcare industry
‘Application diversity’ measures the number of different applications identified for each relevant patent. It broadly splits companies into either ‘niche’ or ‘diversified’ innovators.
‘Geographic reach’ refers to the number of different countries each relevant patent is registered in. It reflects the breadth of geographic application intended, ranging from ‘global’ to ‘local’.
Patent volumes related to AI-assisted MRI
Source: GlobalData Patent Analytics
Siemens is the leading patent filer in the AI-assisted MRI market. Some other leading patent filers include Heartflow and Koninklijke Philips.
In terms of application diversity, BrainLab leads the pack, followed by Teijin and Heartflow. With regards to geographic reach, Bracco Injeneering leads, followed by Hyperfine Research and Shenzhen United Imaging Healthcare.
AI will turn MRI into a new era of quantitative imaging that will use massive data structures, replacing its most qualitative therapeutic applications. Clinical diagnostic criteria can be met by AI-based algorithms that are currently being developed. The algorithms have outstanding quality and efficiency.
To further understand how artificial intelligence is disrupting the healthcare industry, access GlobalData’s latest thematic research report on Artificial Intelligence (AI) in Healthcare.
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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.
