Patent Landscape Tracking – AI-Based Life Sciences
Navigating the AI Health Patent Landscape
Understanding the patent landscape is essential as the integration of artificial intelligence (AI) into medical devices has exploded onto the scene – ushering in an era of smart wheelchairs controlled by brain waves, AI-guided surgical robots, and intelligent hospital operations software.
With such breakneck innovation comes rapid accumulation of intellectual property (IP) rights. Recent patent filing data reveals over 6,000 AI health-related patent families worldwide as of 2021, with leading holders like IBM, Microsoft, Amazon, Google, and Apple continuing to aggressively stake claims. Samsung recently unveiled a “Medical AI Processor” chipset promising accelerated development of real-time analysis, imaging, and diagnosis products, and health-specific players are also entering the fray.
For medical device companies and digital health startups wading into AI-powered offerings, proactive tracking of this evolving landscape is critical in informing ongoing R&D and IP strategy:
Keeping Pulse on Emerging Entrants:
Leveraging tools like landscaping studies and patent analytics, IP teams can identify relative newcomers with foundational AI/ML patents pertinent to medical devices. Licensing opportunities or defensive acquisitions may arise.
Monitoring M&A Impacts:
As tech giants continue acquisition sprees (IBM-Watson, Google-DeepMind, etc.), inherited patent portfolios can reshape competitive turf overnight. Ongoing monitoring provides advance warning.
Scouting Early Stage Innovation:
Patent applications often publish 18 months after filing, serving as vital intelligence on cutting-edge R&D pursuits. Pinpointing newly published filings by key startups uncovers disruptive threats or partnership potential before new products even launch.
With Global Patent Solutions’ customized landscaping and competitive tracking services, medical device firms can uncover hidden insights to inform both offensive and defensive strategy. By pairing rich analytics with expertise interpreting patent claim subtleties, clients establish information strongholds mirroring today’s tech-driven IP realities.
Of course, intelligence itself doesn’t guarantee competitive advantage. True leverage stems from acting ahead of rivals. The question is, what early signals hide in plain sight while your team focuses solely on development? Perhaps it’s time to expand perspective.
This article is the second in a 4-part blog series focused on the intellectual property impacts of AI in medical devices. To start the series at the beginning, click here.
Next up in our series, we look at Product Development Considerations, particularly as it pertains to the industry impact of AI.