Mumbai: Lord’s Mark industries limited has signed a Technology Transfer Agreement with the Centre of Materials of Electronic Technology (CMET) to produce an AI-based, radiation-free Breast Screening Wearable Device that may be used as an early indicator of breast cancer.
India has the third highest number of new breast cancer cases in the world, only China and the US follow India, with the disease constituting more than a quarter of all female cancers in the nation. It is estimated that the global market value of breast cancer will reach USD 4,882.14 million in 2024 and USD 12,880.85 million in 2035 with a CAGR of 9.22% (MRFR). Grand View Research points to the dominance of the diagnostics market by the need to have early diagnoses to market its products, whereas Future Market Insights predicts the screening and diagnostics market to reach USD 5.05–5.86 billion in 2025 with the promise of obtaining USD 10.5-11.36 billion in 2033-2035.
The wearable combines thermal sensors with high accuracy and AI-powered temperature mapping to detect abnormalities in the body early and in a non-invasive, radiation-free way. The joint venture will bring together CMET innovation capabilities in research and development and the manufacturing and distribution capabilities of Lord Marks to increase the pace of native med-tech innovation.
Key Features & Advantages
Lightweight and Convenient: Can be used in comfortable environments with little configuration in hospitals, clinics, community centers, and homes.
Non-Radiative & Painless: Removes radiation and pain, enhancing the screening adherence.
High-Resolution Thermal sensors: Thermal mapping with real-time AI-controlled analytics and high precision.
Privacy-First Design: Under clothing that is discretely implemented, therefore, dignified and comfortable to the user.
Early Abnormality Detection: This detects early thermal anomalies that could be used to initiate medical care in time.
Portable, Scalable Lightweight, mobile solution that can be deployed in both urban and underserved areas.
The device is a major improvement in comparison to the conventional mammography because it eradicates radiation and suppresses pain and discomfort, increases its reach to non-hospital environments, and provides trustworthy AI-based detection information.
In this project, Lord’s Mark enhances its long-term strategy of developing affordable, AI-based healthcare solutions, making it a leader of scalable preventive diagnostics in India.
Managing Director, Sachidanand Upadhyay, Lord’s mark industries Limited, in commenting about the partnership with CMET, said: This is a turning point in our quest to create technologies in healthcare that are globally competitive and indigenous. The combination of CMET and the manufacturing power of Lord Mark will allow a new paradigm in preventative diagnostics non-invasive, AI-driven, and indeed affordable. We aim to make screening solutions more accessible to women in India and bring smarter and safer screening to their lives. This does not represent a product initiative; but a promise of scalable impact-led healthcare innovation.
Through this initiative, Lord Marks will be enhancing its long term investment in technology-based healthcare manufacturing aimed at intelligent, inclusive and impact-driven solutions that help to make early detection safer, easier and more accessible in the country and the world at large and with its expanding network around the world Lord Mark has ensured that they can take this product as a present of India to the world by ensuring that they can achieve in being the only nation to have this technology.
Lord’s Mark industries Limited will make sure to make this screening cost as cheap as possible so that no women in India or the world would hesitate to undergo testing. This will generate awareness and will make breast cancer manageable through early diagnoses. In this year, the product is set to be commercialized in the entire world.
To know more, refer to - lordsmark.com.
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