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AI and Emerging Technologies

Category Forecast

The healthcare AI and emerging technologies market is expected to grow at a CAGR of 20.2% from 2022 to 2027.

Regulations (as of May 2023)

Regulated by the FDA, HIPAA, and CMS, AI raises concerns around data privacy, accuracy, etc., requiring evaluation.

Note: This changes frequently!
Not legal advice. Confirm broadly.

Common Procurement Hurdles

In this category, issues include not having enough high-quality data to train AI models and not having the right expertise.

Contracting Tips

Before formalizing, address data security, deliverables, KPIs, scalability, technical support, and user guidelines.

Market Data:

* trade.gov/artificial-intelligence; Uppercentile LLC