Daily Newsletter

20 October 2023

Daily Newsletter

20 October 2023

Spectral AI receives classification in UK and US for wound imaging system

The company plans to obtain approval for its DeepView AI - Burn software to launch the complete DeepView SnapShot system.

RanjithKumar Dharma October 20 2023

Spectral AI has received the UK Conformity Assessed (UKCA) mark and Class 1 medical device classification from the US Food and Drug Administration (FDA) for its DeepView SnapShotWound Imaging System.

DeepView SnapShot is a patented imaging platform that accommodates various clinical indications and predictive AI software, aiding clinicians in making quicker and more precise wound care decisions.

It integrates optical technology and AI-driven algorithms, drawing from a database of 263 billion data points that are clinically validated, to view beneath the surface of the skin and differentiate between healthy and damaged tissue.

The company now plans to obtain regulatory approval for its DeepView AI - Burn software to launch the complete DeepView SnapShot system in the US and worldwide.

DeepView is a predictive diagnostic tool that provides clinicians with an instant, objective assessment of a wound's healing potential before any treatment or medical intervention.

It is anticipated to deliver faster and more accurate treatment insights aimed at surpassing the current standard of care, driven by advanced algorithms.

Spectral AI CEO Wensheng Fan said: “We are thrilled to announce the UKCA marking and Class 1 medical device classification from the FDA for our DeepView SnapShotWound Imaging System.

“Spectral AI's commitment to advancing medical diagnostics in tissue health is reflected in these important milestones.

“We are confident that our unique AI-driven imaging platform will empower healthcare professionals in making critical decisions around the world, and these regulatory developments are significant steps towards achieving that goal.”

AI will become a key driver of medical device innovation

The medical devices industry is highly regulated and therefore can be slow to adopt new technologies to modernize. However, it is realizing the benefits that AI can bring, and AI is now being used in different areas across the entire value chain. Common use cases include data management, remote surgery, diagnostic and procedural AI assistants, and clinical trial design. GlobalData estimates that the AI in medical devices market is expected to grow at a CAGR of >29% by 2027.

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