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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 below the most recent Medical Machine Regulation in Europe.
The corporate claims it has turn into the primary software program as medical system developer in Asia-Pacific to have acquired each certifications, which follows its current 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 fashionable Lunit INSIGHT options, INSIGHT CXR for chest x-ray picture evaluation and INSIGHT MMG for mammography evaluation, can be delivered by way of CARPL.ai’s end-to-end deployment platform, which presently runs throughout 5 markets: the US, Australia, Brazil, India, and Singapore.
Lunit INSIGHT options are already embedded in some main international PACS and imaging units by international distributors resembling 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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In recent times, 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 not too long ago obtained the South Korean authorities’s approvals for its private ECG units, 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, acquired 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 Mushy has additionally not too long ago obtained the US Meals and Drug Administration’s 510(okay) certification for AVIEW RT ACS, its AI-based computerized organ contouring resolution.
In the meantime, Lunit has turn into one of many most well-liked suppliers of AI imaging options for South Korean navy hospitals as a part of the Armed Forces Medical System AI Transformation mission. It’s set to ship its expertise throughout 30 medical websites of the Korean military, air power and navy. Internationally, its AI options have been not too long ago adopted by Cathay Life Insurance in Taiwan, Thailand’s Bumrungrad International Hospital, Egypt-based non-profit Baheya Foundation, and most not too long ago, SEHA, the most important healthcare community within the United Arab Emirates, and BreastScreen NSW in Australia.
In response to Statista, the South Korean diagnostic imaging market is predicted to succeed in $1.02 billion in market quantity by 2027, rising at a 6% CAGR from 2022.
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