{"title":"Investing in Artificial Intelligence and Digital Health—What Radiology Innovators Need to Know","authors":"","doi":"10.1016/j.jacr.2024.06.019","DOIUrl":null,"url":null,"abstract":"<div><div>Expected to grow at a 5.5% compound annual growth rate and reach a market of $34.6 billion by 2028, the diagnostic radiology market is an innovation powerhouse, in significant part due to artificial intelligence and digital products. Many radiologists, researchers, technologists, and leaders possess the skills to develop cutting-edge innovations to improve patient care. However, invariably funding is needed to bring these innovations to fruition. Here we describe, from the vantage point of a practicing venture partner, the key considerations, criteria, and frameworks used when making decisions of what, when, and who to invest funding in. We also describe the current funding climate for these innovations.</div></div>","PeriodicalId":49044,"journal":{"name":"Journal of the American College of Radiology","volume":null,"pages":null},"PeriodicalIF":4.0000,"publicationDate":"2024-10-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"Journal of the American College of Radiology","FirstCategoryId":"3","ListUrlMain":"https://www.sciencedirect.com/science/article/pii/S1546144024005969","RegionNum":3,"RegionCategory":"医学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q1","JCRName":"RADIOLOGY, NUCLEAR MEDICINE & MEDICAL IMAGING","Score":null,"Total":0}
引用次数: 0
Abstract
Expected to grow at a 5.5% compound annual growth rate and reach a market of $34.6 billion by 2028, the diagnostic radiology market is an innovation powerhouse, in significant part due to artificial intelligence and digital products. Many radiologists, researchers, technologists, and leaders possess the skills to develop cutting-edge innovations to improve patient care. However, invariably funding is needed to bring these innovations to fruition. Here we describe, from the vantage point of a practicing venture partner, the key considerations, criteria, and frameworks used when making decisions of what, when, and who to invest funding in. We also describe the current funding climate for these innovations.
期刊介绍:
The official journal of the American College of Radiology, JACR informs its readers of timely, pertinent, and important topics affecting the practice of diagnostic radiologists, interventional radiologists, medical physicists, and radiation oncologists. In so doing, JACR improves their practices and helps optimize their role in the health care system. By providing a forum for informative, well-written articles on health policy, clinical practice, practice management, data science, and education, JACR engages readers in a dialogue that ultimately benefits patient care.