In recent times, FDA has permitted quite a few items of software program that use synthetic intelligence (AI) below its medical machine approval system. FDA permitted solely 5 AI-power medical gadgets in 2015, however permitted 115 of those in 2021 and sure will approve much more in 2022.
Which corporations are those with essentially the most AI-power medical gadgets that have been granted FDA approval this yr (2022) to date? An fascinating weblog publish by Joel Selanikio finds that enormous business incumbents are those who’re getting essentially the most AI-related medical machine approvals this yr.
Whereas we do see quite a few new corporations getting approval, business incumbents have the benefit of bigger knowledge units and the power to unfold the comparatively fastened price of AI growth throughout extra product sorts. However, there are actually alternatives for younger start-ups to get in on the AI healthcare market as properly.