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Which companies are leading the way for artificial intelligence in the medical sector? - Verdict Medical Devices
Koninklijke Philips NV and Medtronic Plc are leading the way for artificial intelligence investment among top medical companies according to our analysis of a range of GlobalData data. Artificial intelligence has become one of the key themes in the medical sector of late, with companies hiring for increasingly more roles, making more deals, registering more patents and mentioning it more often in company filings. These themes, of which artificial intelligence is one, are best thought of as "any issue that keeps a CEO awake at night", and by tracking and combining them, it becomes possible to ascertain which companies are leading the way on specific issues and which are dragging their heels. According to GlobalData analysis, Koninklijke Philips NV is one of the artificial intelligence leaders in a list of high-revenue companies in the medical industry, having advertised for 578 positions in artificial intelligence, made nine deals related to the field, filed 113 patents and mentioned artificial intelligence five times in company filings between January 2020 and June 2021. Our analysis classified 13 companies as Most Valuable Players – or MVPs – due to their high number of new jobs, deals, patents and company filings mentions in the field of artificial intelligence.