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Industry News

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Global Radiation Therapy Market to Reach USD 8.6 Billion by 2026 on Back of Product Approvals

 The global radiation therapy market is projected to record a steady growth rate of 5.2% from 2018 to 2026 to reach USD 8.6 billion by 2026, driven by a surge in product approvals, increased expenditure on healthcare, high incidence of cancer, growing preference for non-invasive treatment procedures, technological advancements, and notable research and development activities. More...
18 Mar 2020
Image: Caption Guidance software (Photo courtesy of Caption Health)

AI-based Ultrasound Echo Imaging Software Receives FDA Marketing Authorization

 The US Food and Drug Administration (FDA) has authorized the marketing of a software that uses artificial intelligence (AI) to assist medical professionals in the acquisition of cardiac ultrasound images. The software, Caption Guidance from Caption Health (Brisbane, CA, USA), a medical AI company, uses AI to empower medical professionals without specialized training to perform cardiac ultrasound. More...
17 Mar 2020
Radcal
Image: Invasive lobular carcinoma of the breast (Photo courtesy of Lunit)

Radiologists Aided by AI Show Significant Improvement in Breast Cancer Detection

 A new study conducted by Korean academic hospitals and Lunit (Seoul, South Korea), a medical AI company specializing in developing AI solutions for radiology and oncology, has demonstrated the added value of AI-aided breast cancer detection from mammography images. More...
16 Mar 2020
Image: Ping An Smart Healthcare’s smart image-reading system (Photo courtesy of Ping An Insurance (Group) Company of China, Ltd.)

Artificial Intelligence System Diagnoses Coronavirus (COVID-19) in Seconds by Reading CT Images

 A new smart image-reading system has been launched by Ping An Insurance (Group) Company of China, Ltd. (Shenzhen, China) that can assist doctors with efficient and accurate diagnoses by leveraging artificial intelligence (AI) and could help control the epidemic through earlier diagnoses and treatment. More...
11 Mar 2020
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Philips Receives Global AI for Enhanced Radiology Interpretation Company of The Year Award from Frost & Sullivan

 Philips Healthcare (Amsterdam‎, Noord-Holland) has been recognized with the 2019 Global Company of the Year Award by Frost & Sullivan, based on its recent analysis of the global market for Artificial Intelligence (AI) for enhanced radiology interpretation market. Each year, Frost & Sullivan presents a Company of the Year award to the organization that demonstrates excellence in terms of growth strategy and implementation in its field. The award recognizes a high degree of innovation with products and technologies, and the resulting leadership in terms of customer value and market penetration. More...
10 Mar 2020
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European Society of Radiology Postpones ECR 2020 to July 15–19, 2020

 The European Society of Radiology (ESR, Vienna, Austria) has issued a statement confirming that the European Society of Radiology Annual Congress (ECR 2020) postponed to July 15–19, 2020. The planned event was originally scheduled for March 11–15 at Austria Center in Vienna. The ESR has taken the decision to postpone the event after a careful evaluation of the spreading corona virus epidemic, and considering the recent statements issued by the WHO and the ECDC, and the related evolving world-wide restrictions and crisis. More...
05 Mar 2020
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Hitachi Announces Launch of New Medical Imaging Innovation Center in US to Leverage AI

 Hitachi Healthcare Americas (Twinsburg, OH, USA) has announced that it will create a new dedicated research and development facility within its North American headquarters facility in Twinsburg, Ohio, USA. Set to open this year, the Hitachi Healthcare Innovation Center of Excellence will leverage advancements in artificial intelligence and machine learning to bring about a new generation of imaging technology. More...
26 Feb 2020
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MedImaging Industry News channel updates the reader on mergers and takeovers, on cooperative agreements and on trends in the healthcare imaging industry worldwide.
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