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InformAI, an artificial intelligence healthcare company, was invited to speak to Baylor College of Medicine’s INSTINCT ThinkTank. Regular working groups are focused on exposing current technology developments to BCM clinical faculty, residents, medical students, and researchers. Emphasis is placed on identifying clinical needs and providing a framework to explore solutions within that space.
Havelka’s talk, entitled “Artificial Intelligence in Medicine”, focused on the rapidly evolving AI medical market. According to Global Market Insights, the AI medical market is growing from a $329M market in 2016 to be a $10B market by 2024 at an annual growth rate (CAGR) of 53%. Market research from Accenture reflects similar market dynamics, with the projected AI medical market to be $6.6B in 2021 with an annual growth rate of 40%.
InformAI is positioned to provide market leading deep learning image classifiers and patient outcome predictors to address this fast-growing market.
About INSTINCT
INSTINCT (The Interdisciplinary Surgical Technology and Innovation Center) has a primary objective of incubating novel surgical medtech solutions. Directed by Dr. Stuart J. Corr, INSTINCT offers a fast-track, biodesign-based program to take ideas from concept into reality. The program is fully aligned with BCM’s vision of improving health through science, scholarship, education, and seek to provide support in making the Texas Medical Center the ‘Third Coast’ for medical innovation and technology.
About InformAI InformAI, a healthcare analytics company, builds business analytics and artificial intelligence-based solutions for industry-leading healthcare organizations, medical research institutions, and medical device companies to improve operational efficiency, patient outcomes, and medical diagnosis. InformAI is focused on building a platform of medical image classifiers, surgical risk predictors, and patient outcome predictors. To accomplish these goals, InformAI has assembled some of the largest patient image datasets in the industry for AI model training development. InformAI is part of the NVIDIA Inception Program and a technology partner with both Amazon AWS and Microsoft Azure. Press and Investor Relations Jackie Coleman +1 281-670-7085 jcoleman@informai.com