Daily Newsletter

15 November 2023

Daily Newsletter

15 November 2023

Lunit receives clearance for 3D Breast Tomosynthesis solution

Lunit INSIGHT DBT already received a CE mark under Europe's latest Medical Device Regulation.

RanjithKumar Dharma November 15 2023

Lunit has received 510(k) clearance from the US Food and Drug Administration (FDA) for its 3D Breast Tomosynthesis (DBT) artificial intelligence (AI)-powered solution.

Dubbed Lunit INSIGHT DBT, the new AI algorithm is intended for analysing 3D images generated by DBT equipment.

Compared to traditional 2D mammography screenings, DBT imaging is said to provide a precise breast cancer diagnosis.

DBT's ability to offer accurate breast cancer screenings has led to a demand for this technology, particularly from advanced US medical institutions, accounting for more than 64% of the demand globally for DBT.

In March 2023, Lunit INSIGHT DBT received a CE mark under Europe's latest Medical Device Regulation (EU MDR).

Lunit CEO Brandon Suh said: “The US is the biggest player in the global breast screening market, accounting for up to 40% of the market share. More than 40 million mammography screenings are reported in the US annually.

“Given this substantial market influence, achieving FDA clearance for Lunit INSIGHT DBT not only solidifies our presence in the largest market but also marks a significant milestone in our mission to revolutionise breast cancer diagnosis and, ultimately, save more lives.”

Lunit, a medical AI company, is focused on the development of AI solutions for precision diagnostics and therapeutics.

In November 2021, the company also obtained clearance from the FDA for its Lunit INSIGHT CXR Triagechest X-ray triage solution and Lunit INSIGHT MMG AI-powered mammography analysis solution.

The aging population is a captive market for medical devices

With rising pressure on governments, payers, and manufacturers to reduce healthcare costs, innovative medical technologies have tremendous potential to improve elder care. Advancements in medical device technology have resulted in a significant increase in the number of conditions that can be managed in a home care setting. To capitalize on this strong demand and growth, manufacturers are increasingly producing consumer-targeted equipment.

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