Looking at a larger example, radiologists have been using AI tools for decades. Back in 1998 R2 Technologies received FDA approval for its ImageChecker CAD system that helped radiologists detect breast cancer in mammograms.
Hospital administrators have traditionally let physicians take the lead in adding service offerings, but this has changed and they are asking sharp questions.
For decades, the medtech industry has been seeking to capitalize on the value of data with limited success, but with improving data capture and the use of AI, the promise is turning into reality.
Looking at a larger example, radiologists have been using AI tools for decades. Back in 1998 R2 Technologies received FDA approval for its ImageChecker CAD system that helped radiologists detect breast cancer in mammograms.
Hospital administrators have traditionally let physicians take the lead in adding service offerings, but this has changed and they are asking sharp questions.
The smaller markets in medtech offer great opportunity for those willing to pursue them. Pediatrics orthopedic technology is a shining example.
For decades, the medtech industry has been seeking to capitalize on the value of data with limited success, but with improving data capture and the use of AI, the promise is turning into reality.