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Artificial Intelligence/Machine Learning Medical Device Global Market Report 2023: Sector is Expected to Reach $35.4 Billion by 2032 at a CAGR of 24.4% - ResearchAndMarkets.com

Retrieved on: 
Thursday, April 27, 2023

The global artificial intelligence/machine learning medical device market was valued at $4,011.7 million in 2022 and is anticipated to reach $35,458.2 million by 2032, witnessing a CAGR of 24.35% during the forecast period 2022-2032.

Key Points: 
  • The global artificial intelligence/machine learning medical device market was valued at $4,011.7 million in 2022 and is anticipated to reach $35,458.2 million by 2032, witnessing a CAGR of 24.35% during the forecast period 2022-2032.
  • The global artificial intelligence/machine learning medical device market is highly fragmented, and the number of FDA and CE marked approvals of AI-enabled medical devices is increasing each year.
  • The opportunity for growth of the global artificial intelligence/machine learning medical device market lies in innovations in technology and the further development of AI-based medical devices enabling diagnostic accuracy and productivity.
  • The following are the drivers for the global artificial intelligence/machine learning medical device market:
    The market is expected to face some limitations as well due to the following challenges:

Global Artificial Intelligence/Machine Learning Medical Device Market to 2032: Presence of a Large Ecosystem of Companies Offering AI Solutions Drives Growth

Retrieved on: 
Thursday, April 27, 2023

The market is driven by factors such as the presence of a large ecosystem of companies offering AI solutions, growing demand in the field of radiology and cardiology, growing demand for wearable sensors, and large number of government initiatives.

Key Points: 
  • The market is driven by factors such as the presence of a large ecosystem of companies offering AI solutions, growing demand in the field of radiology and cardiology, growing demand for wearable sensors, and large number of government initiatives.
  • The global artificial intelligence/machine learning medical device market is highly fragmented, and the number of FDA and CE marked approvals of AI-enabled medical devices is increasing each year.
  • The opportunity for growth of the global artificial intelligence/machine learning medical device market lies in innovations in technology and the further development of AI-based medical devices enabling diagnostic accuracy and productivity.
  • The following are the drivers for the global artificial intelligence/machine learning medical device market:
    The market is expected to face some limitations as well due to the following challenges:
    The global artificial intelligence/machine learning medical device market is highly fragmented, with over 250 players, including established companies and startups.

The Bellwether District and Philadelphia Eagles Team Up to Celebrate Earth Day

Retrieved on: 
Saturday, April 22, 2023

PHILADELPHIA, April 22, 2023 /PRNewswire/ -- In celebration of Earth Day, members of The Bellwether District, a Hilco Redevelopment Partners' (HRP) project, joined with the Philadelphia Eagles to award $75,000 to environmental nonprofits through the Touchdowns for Sustainability partnership. Former Eagles wide receiver Jason Avant and iconic Eagles mascot Swoop joined HRP CEO Roberto Perez to recognize local Sustainability Heroes for their contributions toward a cleaner Philadelphia.

Key Points: 
  • PHILADELPHIA, April 22, 2023 /PRNewswire/ -- In celebration of Earth Day, members of The Bellwether District , a Hilco Redevelopment Partners' (HRP) project, joined with the Philadelphia Eagles to award $75,000 to environmental nonprofits through the Touchdowns for Sustainability partnership.
  • "Together, we are proud to recognize these tremendous organizations for the important work they do to create a more sustainable future – on Earth Day and every day."
  • "The Eagles and The Bellwether District share a mission of giving back to the community and creating a more sustainable environment.
  • Earlier in the day, The Bellwether District team hosted an Earth Day community cleanup at Finnegan Playground in the Gray's Ferry neighborhood of South Philadelphia with local nonprofit organizations and community volunteers to re-paint, re-plant, refresh and revitalize the park.

Global Artificial Intelligence/Machine Learning Medical Device Market to Reach $35.45 Billion by 2032 - Exclusive DeepTech M-A-P™ Analysis by BIS Research

Retrieved on: 
Friday, April 14, 2023

FREMONT, Calif., April 14, 2023 /PRNewswire/ -- BIS Research, the global leader in providing market intelligence on deep technologies, has released its latest study titled Artificial Intelligence/Machine Learning Medical Device Market – A Global and Regional Analysis. 

Key Points: 
  • FREMONT, Calif., April 14, 2023 /PRNewswire/ -- BIS Research, the global leader in providing market intelligence on deep technologies, has released its latest study titled Artificial Intelligence/Machine Learning Medical Device Market – A Global and Regional Analysis.
  • According to this study, the global artificial intelligence/machine learning (AI/ML) medical device market was valued at $4.01 billion in 2022 and is projected to reach $35.45 billion by 2032, growing at a staggering CAGR of 24.35%.
  • According to the study conducted by BIS Research, radiology held the largest share in the global artificial intelligence/machine learning medical device market, with 49.05% in 2022.
  • Speak to Our Analysts
    Exclusive DeepTech MAP™ Analysis for Healthcare by BIS Research:

Global Artificial Intelligence/Machine Learning Medical Device Market to Reach $35.45 Billion by 2032 - Exclusive DeepTech M-A-P™ Analysis by BIS Research

Retrieved on: 
Friday, April 14, 2023

FREMONT, Calif., April 14, 2023 /PRNewswire/ -- BIS Research, the global leader in providing market intelligence on deep technologies, has released its latest study titled Artificial Intelligence/Machine Learning Medical Device Market – A Global and Regional Analysis. 

Key Points: 
  • FREMONT, Calif., April 14, 2023 /PRNewswire/ -- BIS Research, the global leader in providing market intelligence on deep technologies, has released its latest study titled Artificial Intelligence/Machine Learning Medical Device Market – A Global and Regional Analysis.
  • According to this study, the global artificial intelligence/machine learning (AI/ML) medical device market was valued at $4.01 billion in 2022 and is projected to reach $35.45 billion by 2032, growing at a staggering CAGR of 24.35%.
  • According to the study conducted by BIS Research, radiology held the largest share in the global artificial intelligence/machine learning medical device market, with 49.05% in 2022.
  • Speak to Our Analysts
    Exclusive DeepTech MAP™ Analysis for Healthcare by BIS Research:

Hyperfine, Inc. Reports Fourth Quarter and Full Year 2022 Financial Results

Retrieved on: 
Tuesday, March 21, 2023

Revenues for the fourth quarter of 2022 were $1.424 million, compared to $0.436 million in the fourth quarter of 2021.

Key Points: 
  • Revenues for the fourth quarter of 2022 were $1.424 million, compared to $0.436 million in the fourth quarter of 2021.
  • Gross margin for the fourth quarter of 2022 was $0.300 million, compared to $(0.453) million in the fourth quarter of 2021.
  • Research and development expenses for the fourth quarter of 2022 were $5.219 million, compared to $8.893 million in the fourth quarter of 2021.
  • Sales, general, and administrative expenses for the fourth quarter of 2022 were $8.710 million, compared to $16.741 million in the fourth quarter of 2021.

Swoop and Enterprise Ireland host Irish Minister for Finance in Toronto

Retrieved on: 
Monday, March 13, 2023

MILTON KEYNES, England, March 13, 2023 /PRNewswire/ -- Swoop, the global online marketplace for business funding solutions, hosted Ireland's Minister for Finance Michael McGrath TD at a roundtable event in Toronto on 9thMarch 2023 to discuss Open Banking in Canada. The event was organised by Enterprise Ireland, the Irish government's trade and innovation agency, in collaboration with Swoop. This roundtable brought industry experts and stakeholders from the financial industry together to explore the opportunities and challenges of Open Banking in Canada.

Key Points: 
  • The event was organised by Enterprise Ireland, the Irish government's trade and innovation agency, in collaboration with Swoop.
  • As a leader and innovator in Open Banking, Swoop Funding is at the forefront of Open Banking technology worldwide.
  • Minister for Finance, Michael McGrath TD said: "I was delighted to join Enterprise Ireland and Swoop Funding in Toronto for a high-level discussion on Open Banking.
  • "We are thrilled to host this roundtable event with Minister Michael McGrath to explore the potential of Open Banking in Canada.

Swoop Announces New Domestic Routes Coming This Spring with Increased Frequencies and Connectivity

Retrieved on: 
Monday, March 6, 2023

As part of this summer's domestic expansion, Swoop will be adding new service between London, ON (YXU) and Abbotsford (YXX), and will restart seasonal service between Hamilton (YHM) and Charlottetown (YYG).

Key Points: 
  • As part of this summer's domestic expansion, Swoop will be adding new service between London, ON (YXU) and Abbotsford (YXX), and will restart seasonal service between Hamilton (YHM) and Charlottetown (YYG).
  • "This summer we're thrilled to add significant frequencies on our top performing routes," continued Cummings.
  • Swoop is also signalling that winter is not over yet, with new seasonal extensions for its most popular sun-flying routes.
  • West coast connectivity will continue to soar with a 67% increase in flights operating to Abbotsford (YXX).

Real Chemistry Acquires Leading HCP Engagement Company TI Health

Retrieved on: 
Wednesday, March 1, 2023

Real Chemistry , the leading provider of AI-driven insights and human-centric experiences for the healthcare industry, today announced the acquisition of TI Health, a data-driven marketing and predictive analytics company that delivers omnichannel health care provider (HCP) engagement insights and activation solutions for pharmaceutical and life sciences brands.

Key Points: 
  • Real Chemistry , the leading provider of AI-driven insights and human-centric experiences for the healthcare industry, today announced the acquisition of TI Health, a data-driven marketing and predictive analytics company that delivers omnichannel health care provider (HCP) engagement insights and activation solutions for pharmaceutical and life sciences brands.
  • TI Health will be integrated into Swoop, which is part of Real Chemistry and is the leading provider of exclusive privacy-safe patient audiences, creating a fully unified HCP and direct-to-consumer (DTC) system of engagement for healthcare marketers.
  • HCP Programmatic Activation: Demand-side platforms (DSP) - agnostic, this is the only self-serve HCP programmatic solution with physician level detail reporting.
  • When HCP and DTC engagement works in tandem in clinical, endemic and non-endemic environments, advertisers, healthcare professionals and patients will all benefit.”

Swoop Announces Launch of the Warmest Hoodie Ever: The First Hoodie that's a Plane Ticket South*

Retrieved on: 
Wednesday, February 22, 2023

CALGARY, AB, Feb. 22, 2023 /CNW/ - Today, Swoop, Canada's leading ultra-low-cost airline announced the launch of a clothing line called Swoopwear , with an innovative debut product, coined "The Warmest Hoodie Ever."

Key Points: 
  • CALGARY, AB, Feb. 22, 2023 /CNW/ - Today, Swoop, Canada's leading ultra-low-cost airline announced the launch of a clothing line called Swoopwear , with an innovative debut product, coined "The Warmest Hoodie Ever."
  • With the Warmest Hoodie Ever, Canadians can fly roundtrip to destinations across the U.S., Mexico, and the Caribbean for the low price of $99*.
  • The Warmest Hoodie Ever makes it easier and more affordable than ever – reinforcing Swoop's core brand values."
  • The Warmest Hoodie ever is $99 CAD before tax and quantities are limited to 100 hoodies.