Signify Premium Insights - Medical Imaging: Round-Up from December 2023
Written by Alan Stoddart | Editor of Signify Premium Insights – Medical Imaging.
This article provides several links to our Signify Premium Insights, evaluating recent launches, events and activities within the market. To access these articles, you will need a subscription or simply request a 30-day free trial below.
December 2023, although it seems a long time ago now, was a busy month for medical imaging vendors. As is the case every year, there was one main reason for this busyness: The annual meeting of the Radiological Society of North America (RSNA).
Given the Chicago event’s pivotal role as a launchpad for new products and a forum for robust conversations about the future of medical imaging, many of Signify Premium Insights’ December Insights focused on the conference.
The Premium Insight assessing the modality trends prevalent at the show highlighted that many of the products on display saw vendors emphasise the usability of their systems. Given the growing shortage of trained personnel and the increasing volume of scans which need to be performed, this was an apt focus, with vendors keen to show providers how they could do more with fewer experienced staff, and improve the quality of life for those staff, helping to prevent burnout and injuries or strains from unergonomic systems.
RSNA also saw many vendors’ displays guided by changing clinical practice and providers requirements. With new guidelines leading vendors to promote products that specifically met these needs.
This was also true in medical imaging IT and AI. The post-show RSNA Premium Insight focusing on these topics covered several trends that have been evolving over recent years, including increased cloud adoption and enterprise imaging’s expansion beyond radiology.
There were, however, also some newer trends present at the show. One such topic of conversation was the increasing appreciation, from both vendors and providers alike, of the value of data and the opportunities it presented. This was particularly pertinent given AI and generative AI’s continued rise within medical imaging.
Generative AI was also very prevalent at the show. The Premium Insight focusing on generative AI’s presence at the show, highlighted how in many cases, the technology’s presence was through demonstrations and work in progress exhibits rather than finished, clinically useful solutions.
Those tools that were there often focused on essential elements of medical imaging, including back-end deployment, workflow automation, insight generation and facilitating and driving the ongoing data race.
More broadly, one of the most discussed uses was within reporting. This is partly because it is an application of the technology largely free from regulation. This is one of the factors making it accessible to a large number of vendors, however, this also means that it is a use case which risks becoming commodified.
Despite its prominence, topics away from RSNA were also the subject of Signify Premium Insights. Among them was GE HealthCare and Sectra’s announcement that the US would facilitate tighter integration of the Swedish vendor’s enterprise imaging diagnostic radiology tools with GE’s Advanced Visualisation solution. It is not the first time vendors have enabled such integrations, but the teamwork does raise some questions about the vendors’ strategies.
Another topic featured in a Premium Insight, was the memorandum of understanding put in place between Philips and 4DMedical, and the latter’s acquisition of lung imaging vendor Imbio. Both of these moves will help the respiratory solution vendor as it looks to expand its customer base on an international scale, and establish its offering in hospitals around the world.
About Signify Premium Insights – Medical Imaging
A subscription to Signify Premium Insights - Medical Imaging provides compelling thought leadership on the most pertinent developments in healthcare technology. This service utilises Signify Research’s expansive market data to properly appraise and interpret breaking news stories, major market moves and industry-changing announcements are evaluated as they unfold, and the considered opinions of Signify Research’s expert analysts are shared to provide Insight into current developments. Key vendors, technologies and conferences are followed, with updates carefully scrutinised to ensure that the most important details are revealed and properly assessed. Subscription provides approximately 100 actionable and up to the moment Premium Insights per year as well as access to Signify’s Insight archive.
These expert insight provide you with an extension to your market research team and provides the knowledge to:
make informed business decisions in response to changes in your market
revise business plans and react to breaking industry developments
Strategise with greater certainty thanks to a more nuanced understanding of changing market dynamics
Identify lucrative opportunities more quickly, and capitalise on them with greater efficacy and with reduced research time
About Alan Stoddart
Alan brings nine years of editorial expertise and leads on the Signify Research’s Insight and analysis services. Prior to joining, Alan held editorial positions covering a diverse range of technology and engineering/IT topics working with Kantar Media and Kimberley Media Group.
About the Signify Premium Insights Contributing Analysts
Signify Premium Insights rely heavily on the industry expertise from Signify Research’s expert medical imaging analyst team. This team brings with it many years of experience developing market reports, insights and providing consultancy services to the medical imaging industry.
Simon Harris, Chairman and Principal Analyst
Simon has 26 years of experience in technology market intelligence, having served as Executive Vice President at IMS Research and Senior Research Director for IHS Inc.’s Technology division. Simon has authored market reports on ultrasound equipment and machine learning in medical imaging.
Steve Holloway, Managing Director and Principal Analyst
Steve has 12 years of experience in healthcare technology market intelligence, having served as Senior Analyst at InMedica. Steve leads our Imaging IT division & has authored reports on imaging IT & archiving & management IT, AV and viewing IT, imaging workflow & operation IT & radiation dose Management.
Bhvita Jani, Principal Analyst
Bhvita joined Signify Research in 2020 as part of the Medical Imaging Team focusing on the X-ray market. She brings with her 3 years’ experience covering X-ray, MRI and CT research at IHS Markit. Bhvita also has three years’ experience in digital and offline marketing.
Amy Thompson, Research Manager
Amy joined Signify Research in 2020, and is now the Research Manager for Healthcare IT, focusing on imaging and clinical IT, AI in medical imaging and teleradiology. Prior to Signify Research, she brings four years’ experience as a Senior Analyst; supporting business strategy and market sizing for Liaison Group, a company operating within the NHS.
Mustafa Hassan, PhD, Senior Market Analyst
Mustafa joined Signify Research in 2020 as part of the Medical Imaging team which covers areas such as ultrasound, general radiography and machine learning in medical imaging. Prior to that he obtained a PhD in Pharmacy and Physiology from the University of Kent.
About Signify Research
Signify Research provides healthtech market intelligence powered by data that you can trust. We blend insights collected from in-depth interviews with technology vendors and healthcare professionals with sales data reported to us by leading vendors to provide a complete and balanced view of the market trends. Our coverage areas are Medical Imaging, Clinical Care, Digital Health, Diagnostic and Lifesciences and Healthcare IT.
Clients worldwide rely on direct access to our expert Analysts for their opinions on the latest market trends and developments. Our market analysis reports and subscriptions provide data-driven insights which business leaders use to guide strategic decisions. We also offer custom research services for clients who need information that can’t be obtained from our off-the-shelf research products or who require market intelligence tailored to their specific needs.
If you’ve enjoyed this article then please follow our Signify Research page. For more market Insights, why not sign up for our monthly newsletter here?