Medrobotics Revenue and Competitors

Cardiorobotics, Inc. plans to serve a number of different medical specialist areas, including: minimally-invasive cardiac surgery, electrophysiology, laparoscopy, colonoscopy, and arthroscopy. In the United States alone, there are more than 1 million relevant cardiac procedures performed annually, along with more than 10 million relevant endoscopic and laparoscopic procedures performed annually. The central element of our technology is a teleoperated probe consisting of a series of links. The probe is highly flexible and thus either assumes the shape of its surroundings or can be reshaped. The probe “remembers” its previous configurations as it moves through a three-dimensional volume. The links of the probe can be made out of almost any material, including plastic, allowing it to be “disposable”. A working channel or lumen, allows tools to pass through the probe and perform various procedures. This teleoperated, highly articulated probe with a non-linear lumen is called an Articulated Robotic MedProbe or ARM™. Cardiorobotics’ Articulated Robotic MedProbe has a number of distinct points of market differentiation: Single-port access for deep anatomical procedures Small diameter and radius of curvature Unlimited degrees of freedom Steerable, self-supported, non-linear therapeutic path Steerable, self-supported, non-linear visualization path Teleoperated, with “joystick” and “pause” button “Memory” - device remembers its configuration Non-linear lumen MR-compatible Disposable

keywords:Biotechnology, Hardware, Healthcare, Robotics