South Korean medical AI firm Lunit is additional cementing its international presence after securing a brand new worldwide distribution deal and main market approvals.
Final week, it introduced that Lunit INSIGHT CXR and MMG have been given the UK Conformity Assessed marking and CE marking underneath the most recent Medical Machine Regulation in Europe.
The corporate claims it has turn into the primary software program as medical gadget developer in Asia-Pacific to have obtained each certifications, which follows its latest clearances obtained from Taiwan and Canada.
Additionally final week, Lunit signed a worldwide distribution settlement with California-based healthcare platform CARPL.ai. Underneath this deal, the 2 well-liked Lunit INSIGHT options, INSIGHT CXR for chest x-ray picture evaluation and INSIGHT MMG for mammography evaluation, will probably be delivered by CARPL.ai’s end-to-end deployment platform, which at present runs throughout 5 markets: the USA, Australia, Brazil, India, and Singapore.
Lunit INSIGHT options are already embedded in some main international PACS and imaging gadgets by international distributors corresponding to GE Healthcare, Philips, and Fujifilm. Each Lunit INSIGHT CXR and MMG are actually being clinically utilized in roughly 1,000 hospitals and medical establishments worldwide.
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Lately, South Korean AI imaging corporations like Lunit have been securing native and worldwide approvals and offers to satisfy the rising demand from hospitals.
One of many main gamers, Vuno, has lately obtained the South Korean authorities’s approvals for its private ECG gadgets, Hativ Pro and Hativ P30. Exterior the nation, it additionally gained accreditations from Taiwan for its AI bone age evaluation software program and from Singapore for its AI fundus evaluation software program.
One other firm, AITRICS, obtained South Korea’s nod for its AI affected person monitoring resolution whereas JLK secured Thailand’s clearance for its AI mind picture evaluation resolution. Coreline Comfortable has additionally lately obtained the US Meals and Drug Administration’s 510(okay) certification for AVIEW RT ACS, its AI-based automated organ contouring resolution.
In the meantime, Lunit has turn into one of many most popular suppliers of AI imaging options for South Korean navy hospitals as a part of the Armed Forces Medical System AI Transformation venture. It’s set to ship its know-how throughout 30 medical websites of the Korean military, air drive and navy. Internationally, its AI options have been lately adopted by Cathay Life Insurance in Taiwan, Thailand’s Bumrungrad International Hospital, Egypt-based non-profit Baheya Foundation, and most lately, SEHA, the most important healthcare community within the United Arab Emirates, and BreastScreen NSW in Australia.
Based on Statista, the South Korean diagnostic imaging market is predicted to achieve $1.02 billion in market quantity by 2027, rising at a 6% CAGR from 2022.
