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GE Healthcare, Medtronic and Philips are among the big medtechs investing in artificial intelligence and machine learning, technologies they contend hold potential for better diagnosing, managing and treating a wide variety of diseases and health conditions.
While medtechs are only starting out on their AI/ML efforts, they are developing, acquiring and implementing these technological capabilities, betting it will put them ahead of rivals to ultimately drive future growth. One of our core differentiators is our ability to take cutting-edge technology and apply it to medical technology, including AI, Medtronic CEO Geoff Martha said in October at the company s investor day.