The global medical industry experienced a 34% decline in the number of artificial intelligence-related patent applications in Q2 2023 compared with the previous quarter. The total number of artificial intelligence-related grants rose by 2% in Q2 2023, according to GlobalData’s Patent Analytics. GlobalData’s Medical Device Predictions 2023 – Thematic Intelligence report provides a detailed understanding of how artificial intelligence and the other key themes such as Cybersecurity, Robotics, and Wearable Tech impact the medical device industry. Buy the report here.

Notably, the number of artificial intelligence-related patent applications in the medical industry was 1,210 in Q2 2023, versus 1,825 in the prior quarter.

The top five companies accounted for 12% of patenting activity

Analysis of patenting activity by companies shows that Koninklijke Philips filed the most artificial intelligence patents within the medical industry in Q2 2023. The company filed 54 artificial intelligence-related patents in the quarter, compared with 78 in the previous quarter. It was followed by Canon with 31 artificial intelligence patent filings, Siemens (25 filings), and GE HealthCare Technologies (21 filings) in Q2 2023.

Patenting activity was driven by the US with a 55% share of total patent filings

The largest share of artificial intelligence related patent filings in the medical industry in Q2 2023 was in the US with 55%, followed by China (15%) and Japan (3%). The share represented by the US was 9% higher than the 45% share it accounted for in Q1 2023.

To further understand GlobalData's analysis on Medical Device Predictions 2023 - Thematic Intelligence buy the report here.

This content was updated on 2 August 2023

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GlobalData, the leading provider of industry intelligence, provided the underlying data, research, and analysis used to produce this article.

GlobalData’s Patent Analytics tracks patent filings and grants from official offices around the world. Textual analysis and official patent classifications are used to group patents into key thematic areas and link them to specific companies across the world’s largest industries.