Artificial Intelligence and the MedTech Industry

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Worldwide, some of the key MedTech companies such as Banyan Biomarkers Inc, Freenome, IDx, Viz.ai, and Ava are utilising AI in diagnostic and therapeutics portfolio.

With the introduction of AI in the healthcare business, the revenue models of medical device organisations are also shifting increasingly, including operating expenditure versus their historical focus solely on capital expenditure. The device is expected to become a game-changer in diabetes and congenital hyperinsulinism disease areas.

Source: Artificial Intelligence and the MedTech Industry

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