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Research Outline

Prepared for Botty D. | Delivered February 12, 2021

AI-Enabled Medical Scanning

Goals

To identify the number of medical diagnostic scans performed annually in US, EU, China, India, Japan, Brazil, Korea, Australia, Canada, Latin American , Middle East (Israel, Saudi Arabia, and UAE), the proportion analyzed by AI-enabled technology, and the pricing distribution of AI enabled scans. If this information is not readily available, then pricing of the 10 to 20 identified companies will suffice.

Early Findings

Medical Diagnostic Scans in the US

  • The US is second only to Japan in the number of CT and MRI scans performed annually. The US performs 118 MRIs per 1,000 annually. The average for the OECD countries is 82 per 1,000. The US performed 245 CT scans per 1,000 compared to an OECD average of 151 per 1,000.
  • According to census data, the US has a population of 328.2 million.
  • Based on these figures, the US performs 38.72 million MRIs and 80.41 million CTs annually.
  • The average cost of a CT in the US was $896. The average cost of an MRI in the US was $1,145.
  •  34.7% of imaging centers and 31.9% of hospitals use AI technology to analyze scans in some way.

Medical Diagnostic Scans in Canada

  • Canada performed 5.61 million CTs in 2018.
  • The average cost of a CT in Canada was $97 

Medical Diagnostic Scans in Australia

  • The average cost of a CT in Australia was $500. The average cost of an MRI in Australia was $350.

Summary

  • In our initial hour of research, we have begun to identify the number of medical diagnostic scans performed in the specified countries annually. It appears this information is readily available. However, the age of the data varied. While we have attempted to find the most up to date data, in most instances, it is three to five years old.
  • There is less information available relating to the use of AI in medical imaging, with the information availability likely to be dependent on the country. Unfortunately, we cannot assess this without working through the list of countries.