Magnus Report is an AI-powered radiology report generation platform built for the individual and small-group radiologist — a segment systematically underserved by enterprise tools like Nuance PowerScribe and Rad AI. The platform reduces dictation time by up to 50%, generates structured impressions from findings in under 3 seconds, and enforces FRCR-grade clinical quality through deterministic QC rules. The core market: radiologists doing 20–80 studies/day in India, the Middle East, Southeast Asia, and Africa — price-sensitive, workflow-hungry, and currently using either manual dictation or basic PACS text fields.
The product is 80% built. The gap to commercial launch is 21 days of focused work: UX simplification, 3-tier pricing implementation, and onboarding flow. First paying users are achievable by September 30, 2026.
Magnus Report is a web-based AI radiology reporting assistant that turns a radiologist's dictated or typed findings into a clean, structured, clinically accurate report impression in under 3 seconds. It is designed for radiologists working independently or in small groups across India, the Middle East, and Africa who want hospital-grade reporting quality without hospital-grade software costs. It requires no PACS integration, no IT support, and no voice training. A radiologist can start using it in under 60 seconds.
| Product | Segment | Pricing | AI Impression | India Viable | Weakness vs Magnus |
|---|---|---|---|---|---|
| Nuance PowerScribe One Microsoft |
Enterprise | $5,000–$10,000/radiologist/year + $525 setup per user |
Yes (Smart Impression) | No | Enterprise only. Requires hospital IT, VPN, Windows. Accent issues for Indian users documented. No individual/SMB plan. |
| Rad AI Omni / Impressions Rad AI Inc. (US VC-funded) |
Enterprise | Quote-based only (estimated $3,000–8,000/yr per radiologist) | Yes (zero-click, personalised) | No | US-only market focus. No self-serve. No India pricing. No individual account. Excellent product but inaccessible to target market. |
| RadRocket.AI Individual tool |
SMB/Individual | Free (100 reports/mo) → $30/mo unlimited | Yes (full report) | Partial | USD pricing only. No India billing. No modality-specific templates. No differential assist. Basic macros. No FRCR-quality QC. Limited subspecialty depth. |
| Dragon Medical One Microsoft/Nuance |
Individual+ | $1,500+ one-time or annual subscription | No (dictation only) | No | Windows only. No AI impression generation. No macros. Voice only — no text. No India support. In maintenance mode post-Microsoft acquisition. |
| DeepHealth Diagnostic Suite Launched Feb 2025 |
Enterprise | Quote-based (enterprise) | Yes (full AI workspace) | No | Full stack cloud PACS + AI. Too heavy for individual. No India pricing. US hospital focus. |
| Magnus Report Our product |
Individual + SMB | ₹499–₹2,999/mo India + USD tiers |
Yes + Differential Assist | Yes — primary market | ✓ Only FRCR-quality AI reporting tool with India pricing, INR billing, and subspecialty depth for individual radiologists |
| Modality | n | Reviewer | Pass Threshold | Metric |
|---|---|---|---|---|
| CT Brain | 20 | Dr. Harsha | 95% | Acceptability without major modification |
| CT Abdomen/Pelvis | 20 | Dr. Harsha | 95% | Acceptability without major modification |
| MRI Lumbar Spine | 20 | Dr. Harsha | 95% | Acceptability without major modification |
| MRI Brain | 20 | Dr. Harsha | 95% | Acceptability without major modification |
| Chest X-Ray | 20 | Dr. Harsha | 95% | Acceptability without major modification |
Goal: 50 reports = enough to validate value. Converts to paid within 5 working days for an active radiologist.
Annual plan: ₹19,999/yr (₹4,000 saving)
GCC pricing: $49/mo per group (5 users). Individual: $19/mo.
| Competitor | Price | Magnus vs |
|---|---|---|
| Nuance PowerScribe | $417–833/mo per radiologist | Magnus is 17–35× cheaper |
| Rad AI (estimated) | $250–667/mo per radiologist | Magnus is 10–27× cheaper |
| RadRocket.AI | $30/mo | Magnus ₹1,999 ≈ $24 — comparable, but deeper clinical quality |
| Manual dictation | ₹0 but 30–60 sec per study = ~₹500/day in time lost | Magnus pays for itself on Day 1 |
| Month | Free Users | Pro Users (₹1,999) | Group (₹4,999) | MRR (INR) | MRR (USD equiv) |
|---|---|---|---|---|---|
| Month 1 (Oct '26) | 50 | 15 | 2 | ₹39,973 | ~$480 |
| Month 2 (Nov '26) | 120 | 40 | 5 | ₹1,04,945 | ~$1,260 |
| Month 3 (Dec '26) | 200 | 80 | 10 | ₹2,09,890 | ~$2,520 |
| Month 6 (Mar '27) | 500 | 200 | 30 | ₹5,49,700 | ~$6,600 |
| Month 12 (Sep '27) | 1,200 | 500 | 80 | ₹13,99,200 | ~$16,800 |
| Criterion | Threshold | Current Status | Decision |
|---|---|---|---|
| Product completeness | 7 templates, impression gen, macro, history | Templates + engine done. UX + payment needed. | PARTIAL |
| Clinical accuracy | ≥95% acceptance in 100-report audit | Not yet audited. Expected to pass based on QC rules. | PENDING AUDIT |
| Pricing ready | 3 tiers live with payment integration | Not implemented | NOT BUILT |
| Legal/compliance | Disclaimer, T&C, data policy live | Not written | NOT BUILT |
| Market gap confirmed | No direct competitor in India SMB segment | Confirmed — no competing product at this price + quality | CONFIRMED |
| Revenue potential | ₹1L+ MRR within 90 days | Projected at 80 users → ₹2.1L/mo by month 3 | VIABLE |