Resoundant Revenue and Competitors

Resoundant, Inc. is a medical technology company founded by Mayo Foundation for Medical Education and Research and is located in Rochester, MN. Resoundant is dedicated to improving patient care and diagnosis accuracy by making Magnetic Resonance Elastography (MRE) available around the world. MRE is cleared by the FDA as an MR add-on technology. Currently, Resoundant MRE is installed in over 800 locations world-wide and is sold as an upgrade to MRI scanner manufactured by Philips, GE Healthcare and Siemens. MRE technology uses low frequency mechanical vibrations that harmlessly travel through a patient's body. These waves are generated by a specially developed acoustic driver system that is synchronized with a standard MRI scanner. The propagating waves travel faster through stiff tissue than through soft tissue, and a sophisticated computer algorithm works with the MRI image data to generate very accurate, quantitative measures of tissue stiffness that are displayed graphically. The result is a quantitative 3-D map of tissue stiffness in the targeted area of the patient's body. Currently, MRE is being used clinically for the diagnosis liver fibrosis, but research into additional diagnostic capabilities for other areas of the body such as brain, muscle, breast, kidney, spine and the heart show great promise for many more clinical applications.