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Startups Taking the Lead in Medical Robotic Systems

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Published on : Jan 25, 2016

Medical robotic systems comprise a number of pre-programmed devices that help surgeons in carrying out a number of complex and difficult surgical procedures in different ways. Thanks to the unparalleled precision and efficacy of robotic devices, surgical challenges brought on by human errors are greatly reduced. In addition, since medical robotic systems can be programmed to perform a number of tasks, they can be used in several complex procedures. Medical robotic systems have lent immense convenience for physicians and improved results for patients; this has significantly driven their market over the past few years. 

Registering a strong compound annual growth rate of 12.60 per cent over the next two years, the global medical robotic systems market is anticipated to be fueled by rising purchasing power of patients and their ability to afford expensive and advanced medical treatments, and technological innovations in the field of robotics. 

One of the most recent innovations in medical robotic systems is a medical robotic platform designed by Cambridge Medical Robotics. This fresh startup is spearheaded by former chief executive officer of Sagentia, Martin Frost, and the robotic platform is aimed at overcoming technical restrictions that restrain the use of medical robotic systems on a massive scale. 

The normal standard for medical robotic tools is 8mm. However, the new system by Cambridge Medical Robotics incorporates surgical tools with a 5mm standard and a maneuverable wristed system. This renders the platform increasingly diversely applicable compared to other existing platforms of medical robotics. This versatile robotic platform can be used to perform all types of keyhole surgeries thanks to high technological sophistication and low cost of the platform. 

At present, the only factor holding the medical robotic systems market back is the high cost of devices. Given that this market is still in its nascent stage, the balance between the commercial and technological aspects is yet to be achieved.