San Mateo, Calif. — February 24, 2021 — RapidAI, the leader in advanced cerebrovascular imaging, today announced record-shattering 2020 milestones for the company and industry, as well as an expansion of its scope into the larger vascular market. As RapidAI momentum built around the world, in addition to new products, partnerships, and awards, 2020 saw the company expand from stroke to aneurysm and lay the groundwork for other vascular diseases, both acute and non-acute. The RapidAI footprint grew to over 60 countries, with its technology utilized in over 1,800 hospitals.
RapidAI offers the most-widely used advanced cerebrovascular imaging products for patient care, research, and clinical trials across the globe. RapidAI clinical products help save lives. In 2020, RapidAI workflow and messaging technologies helped stroke teams save time, and RapidAI analytics and business intelligence products began helping stroke networks reduce costs and improve patient outcomes.
“2020 was such a challenging year for so many around the world, it’s gratifying that our growth and success meant many more lives saved from cerebrovascular disease across dozens of countries,” said Don Listwin, CEO of RapidAI. “Last year we expanded our global footprint, we introduced important new technologies, we helped hospitals understand their businesses better, we made our first strategic acquisition, and we expanded our scope from stroke to include other vascular illnesses, such as aneurysm and pulmonary embolism. With 2020 in the books, we join the world in looking toward a brighter 2021.”
“RapidAI’s credibility can be assessed from the fact that their solutions are used by over 1,800 hospitals in over 60 countries, and them being profitable since their founding year – an extremely rare occurrence in the imaging AI sector,” said Parth Shah, Senior Research Analyst at Frost & Sullivan. “Not resting on their laurels, in 2020 RapidAI added features to their solutions to address the workflow for stroke interventions, thus providing an end-to-end capability from triaging to intervention. Ultimately this will result in even faster time to treatment, further enhancing patient outcomes and reducing long-term costs.”