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Korean medical imaging AI companies secure supply contracts in Germany

Inhabitants-wide most cancers screening applications in Germany have tapped assist from South Korean medical imaging AI suppliers.

KOSDAQ-listed Lunit not too long ago signed a five-year partnership with personal radiology community Starvision Service to deploy a number of medical imaging AI options throughout its 79 websites. These embrace software program purposes for analysing chest, breast, and fracture pictures.

Preliminary rollouts are underway, with its AI-powered mammography evaluation resolution now carried out at Radiologische Allianz to assist the breast most cancers screening program in Hamburg. 

One other Korea Change-listed firm, Coreline Comfortable, not too long ago signed a deal to produce its AI-driven lung most cancers screening software program to the 1,300-bed College Hospital Bonn. 

Simply final week, the identical resolution (referred to as AVIEW LCS) was reportedly added to Bayer’s Calantic market of medical imaging AI instruments. 

Coreline Comfortable has additionally been the unique expertise associate for Hanse, the nationwide lung most cancers screening research in northern Germany, since 2022. 

WHY IT MATTERS

Germany corners 1 / 4 of the medical machine market in Europe, and ranks fourth globally after the US, China, and Japan. 

“Whereas Germany, which leads the medical subject in Europe, is energetic within the introduction of AI expertise, our merchandise are continually increasing to key hospitals…,” mentioned Coreline Comfortable CEO Kim Jin-kook. The corporate has to this point partnered with six of the main hospitals within the nation, together with College Hospital Heidelberg. 

“With these [supply] contracts, not solely will the federal government’s most cancers screening improve in Germany, however extra AI orders can be obligatory,” he claimed. 

THE LARGER TREND

It has been over a 12 months since medical imaging AI suppliers from South Korea have aggressively expanded across Europe after taking up the US, the world’s largest medical AI market. 

Lunit has secured main provide offers with the most important personal radiology networks in France, TeleDiag and VIDI Group, which have mixed places of over 600. 

Coreline Comfortable has provide offers with hospitals in France, Spain, Switzerland, and Austria. It has not too long ago set its concentrate on cementing its presence throughout France and Italy, in addition to the UK.

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