Press Release
Technology Is Enabling Remote Work In More And More Fields Could Surgery Be Next? Surgical Robot Maker Monogram Orthopedics (NASDAQ: MGRM) Believes So
–News Direct–
By Meg Flippin, Benzinga
From far-flung corners of the world to rural towns across America, remote, robotic surgeries have the potential to change the way doctors treat patients. Using advanced technologies like artificial intelligence, robotics, teleconferencing and the internet, doctors can perform everything from knee replacements to gastric bypass without ever leaving their healthcare facility.
That is already changing how care is delivered. Remote surgeries can provide cheaper and faster solutions improving the accessibility of high-quality surgical care, overcoming surgeon shortages and saving patients money by removing the need to travel long distances for healthcare.
Then theres the enhanced accuracy and improved outcomes surgeons can achieve by using robotics to perform surgeries that otherwise would be manual and subject to potential human error. Take knee replacements, for one example. As it stands, 88% of knee surgeries are still performed manually, opening patients up to errors that could require more treatment and care. The benefits dont end there. By using minimally invasive robotic methods, patients often see a reduction in complications, pain and infections. Not to mention, these methods can lead to faster recovery times and shorter hospital stays.
All of those positives havent been lost on the medical community and are driving demand for telesurgery. According to Research and Markets, the surgical robots market is poised to hit $7.3 billion by 2030, up from $6.4 billion in 2022 growing at a CAGR of 13.5% during the forecast period. The need for robotics can be found in every area of surgical care but seems particularly poised to grow in orthopedics. The orthopedic device market is forecast to grow at a CAGR of 4.5% through 2030, reaching $80.28 billion, according to Fortune Business Insights. Driving the growth is a rising prevalence of osteoporosis and musculoskeletal diseases, an aging population and an increase in sports-related injuries. The technology and procedures used today are antiquated, and robots could help with an overhaul.
Monogram Demonstrates Its Prowess
When it comes to remote robotic surgery, many players are trying to advance this type of treatment care. One company that seems to be seeing success is Monogram Orthopedics Inc. (NASDAQ: MGRM), the Austin, Texas medical technology company aiming to revolutionize orthopedic joint replacement surgery with its robotic technology, which links 3D printing and robotics with advanced pre-operative imaging. The company is developing a robot that it believes could help improve the standard of care in orthopedics in the future. Accompanying the robot are what the company describes as its patient optimized mPress implants that the company believes, when combined with robotics, could help surgeons deliver personalized care.
Last year, the company made history by completing what it says is the first fully remote simulated robotic surgery in orthopedics. On March 7, 2023, Douglas Unis, MD of the Icahn School of Medicine at Mount Sinai in New York City and founder of Monogram Orthopedics, completed a fully remote total knee arthroplasty (TKA) procedure on a cadaver, controlling the Austin-based robot from New York City in real-time via the systems user-operated foot pedal. Unis said at the time that despite being 1,700 miles away, the real-time system was very responsive with little in the way of latency. The successful simulated cadaveric surgery was live-streamed for the world to see.
Internet Reliability On Display
To demonstrate the capabilities and ensure the surgery went off without a hitch, Monogram tapped Real-Time Innovations RTI Connext Anywhere software to provide real-time connectivity, which is extremely important for remote surgeries to be a success. To address the technical challenges of teleoperation, Monogram required a flexible software connectivity solution that was designed for distributed, secure and reliable data flow. Connext Anywhere, based on the Data Distribution Service (DDS) standard, accelerates the development of intelligent and connected platforms and provides a range of reliability features to optimize and prioritize real-time data flow over intermittent networks. That proved true during the remote surgery.
"A joint-replacement surgery is incredibly invasive, stressful and is still a largely manual process today, with 100,000 knee replacements failing each year," Kamran Shamaei, CTO at Monogram said at the time. "We feel strongly that our total knee replacement system, with RTI's underlying technology, could eventually help to dramatically reduce this number, hopefully helping patients to have a more stable, better-fitting knee replacement with fewer complications in a fraction of the time it takes today."
Its Just The Beginning
Since Monograms successful demonstration, the company has made inroads in bringing robotic surgeries to the mainstream. It recently announced it delivered its first surgical robot, mBs, to one of the worlds largest global robotics distributors. It marked the first sale for Monogram Orthopedics. In pre-clinical simulated cadaveric surgeries, Monograms robot was able to complete an orthopedic surgery in 40 minutes about half the time it has taken some systems today. The goal is to try and get surgical timed down to 20 minutes with the help of the companys recently announced mVIsion navigation.
Remote robotic surgeries are just taking off as companies like Monogram aim to revolutionize surgical care. Telesurgery has the potential to level the playing field, help surgeon adoption and potentially improve patient outcomes, and make treatment more accessible and affordable for people residing in even the most remote locations. Just like video conferencing transformed the way we communicate, telesurgery is poised to change the way doctors across the world perform surgeries. Monogram is positioning itself to play a major role in that revolution.
Featured photo by Piron Guillaume on Unsplash.
Benzinga is a leading financial media and data provider, known for delivering accurate, timely, and actionable financial information to empower investors and traders.
This post contains sponsored content. This content is for informational purposes only and not intended to be investing advice.
Contact Details
Benzinga
+1 877-440-9464
Company Website
View source version on newsdirect.com: https://newsdirect.com/news/technology-is-enabling-remote-work-in-more-and-more-fields-could-surgery-be-next-surgical-robot-maker-monogram-orthopedics-nasdaq-mgrm-believes-so-919627506
Benzinga
COMTEX_452783411/2655/2024-05-23T08:48:34
About Author
Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.
Press Release
EnviFX.com Unveils an Innovative Trading Platform to Empower Investors with Advanced Tools
EnviFX.com, a top-notch financial service provider, offers revolutionary trading platforms that make trading experience seamless and secure.
EnviFX.com has established itself as a leading financial service provider, integrating traders to conquer their goals. The platform provides an intuitive interface with exceptional trading tools that empower users to optimize their trading strategies and achieve their investment goals.
By leveraging advanced technology, the platform is committed to ensuring the utmost safety and transparency for its clients’ assets and aims to safeguard the integrity of its clients’ financial transactions. The platform provides top-of-the-line service to all traders that are part of EnviFX and emphasizes market expertise by providing EAs, market insights, and advanced tools.
The traders can get extra results with its leading affiliate programs, provide a unique opportunity for individuals and businesses to partner with EnviFX, and achieve substantial rewards by referring new clients to the platform. In addition, the platform aims to provide traders with innovative tools that have culminated in the development of this revolutionary system, which enhances the profitability and efficiency of traders across various markets.
By maintaining a secure environment for its users, the platform operates under a stringent regulatory framework, ensuring that all trading activities are transparent and secure. The platform provides cooperative services that give confidence to the clients as their sensitive data remains protected against cyber threats and unauthorized access.
Furthermore, EnviFX prioritizes client satisfaction and provides support and guidance with its dedicated team of professionals who are available 24/7 to assist with any issues. Through its revolutionary platform and personalized approach, EnviFX allows users to achieve their financial goals with confidence and complete peace of mind. Through the adoption of strict security measures and integrity, the platform continues to set the standards for excellence in the financial service industry.
About EnviFX.com:
EnviFX.com, a leading financial services provider platform that offers a wide range of services to help people manage their finances. The platform provides financial tools and resources to assist users in achieving their financial goals. With its user-friendly interface, the platform is committed to helping users navigate the complexities of the financial world. Additionally, EnviFX ensures users have access to accurate and reliable information to make informed decisions. With a focus on user experience and cutting-edge technology, EnviFX empowers traders of all levels to achieve their financial goals.
CONTACT: Howard J. Krol
Company: Envifx
Website: https://envifx.com/
Email: support@envifx.com
SOURCE: Envifx
About Author
Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.
Press Release
Hang Cosmetics: A Son’s Mission to Support His 82-Year-Old Mother Battling Dementia
Calgary, Alberta, Canada, 26th Nov 2024 – Hang Cosmetics, a recently launched Shopify store, is more than just a beauty brand. It’s a heartfelt initiative by Jim Nguyen to raise funds for his 82-year-old mother, who is bravely battling dementia. The store’s proceeds are being dedicated to ensuring she receives the dignity and care she deserves, including saving for her future casket.
Hang Cosmetics offers a carefully curated selection of high-quality beauty products, but behind every sale lies a deeply personal story. Jim, a devoted caregiver to his mother, launched the store with the hope of generating enough income to cover the overwhelming costs associated with her condition, including her eventual funeral arrangements.
“Hang Cosmetics is not just a business—it’s my way of turning a heartbreaking situation into something meaningful,” Jim shares. “Every purchase helps me take one step closer to honoring my mom and the incredible person she has always been.”
In addition to running the store, Jim has also created a GoFundMe campaign titled “Funeral Expenses for Mother with Late-Stage Dementia.” Both the campaign and the store work hand-in-hand to ensure his mother’s final wishes can be met while also raising awareness about the emotional and financial challenges families face when caring for loved ones with dementia.
By shopping at Hang Cosmetics, customers can contribute directly to a cause that blends beauty with purpose. Every product purchased helps Jim move closer to his goal while spreading a message of love, resilience, and community support.
To learn more about Hang Cosmetics and shop the collection, visit https://www.hangcosmetics.com. To support the GoFundMe campaign, visit https://www.gofundme.com/f/FuneralExpensesforMotherwithDementia
About Hang Cosmetics
Hang Cosmetics was founded with a mission to combine beauty and compassion. Each sale helps support a family’s fight against Dementia while reminding customers that small acts of kindness can make a big difference.
For media inquiries or more information, please contact:
Jim Nguyen
Media Contact
Organization: Hang Cosmetics
Contact Person: Jim Nguyen
Website: https://www.hangcosmetics.com
Email: Send Email
Contact Number: +14036174820
Address: 91-6620 17 Avenue S.E
City: Calgary
State: Alberta
Country: Canada
Release Id: 26112420328
The post Hang Cosmetics: A Son’s Mission to Support His 82-Year-Old Mother Battling Dementia appeared on King Newswire. It is provided by a third-party content provider. King Newswire makes no warranties or representations in connection with it.
About Author
Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.
Press Release
Moscow to host the 1st Eurasian Congress of Linguists
The First Eurasian Congress of Linguists will take place from December 9-13, 2024, at the President Hotel in Moscow, marking the 300th anniversary of the Russian Academy of Sciences (RAS). Organized by the Institute of Linguistics RAS and supported by the Ministry of Science and Higher Education, the event will host over 500 scholars from 40+ countries. The Congress will feature plenary lectures, roundtable discussions, and poster sessions covering topics like endangered languages, neurolinguistics, AI in media, and the culture of the deaf community. Notable speakers include academics from Russia, India, the USA, Germany, China, and Finland. Sessions will be conducted in Russian and English, with interpretation available, and all events will be livestreamed on the official website.
On December 9, 2024, the grand opening of the First Eurasian Congress of Linguists will take place at 9:30 a.m. at the President Hotel (24 Bolshaya Yakimanka Street, Moscow). This major international academic event will bring together over 500 scientists from more than 40 countries.
Organized on the initiative of the Institute of Linguistics RAS with the support of the Ministry of Science and Higher Education of the Russian Federation, the Congress is one in a series of academic activities to commemorate the 300th anniversary of the Russian Academy of Sciences (RAS). The organizing Committee is chaired by Gennady Krasnikov, President of the RAS, and Valery Falkov, Minister of Science and Higher Education of the Russian Federation.
The Congress will highlight key areas in modern linguistics and the contributions of leading international research schools. The agenda includes plenary presentations, roundtable discussions, and poster sessions on topics such as:
- the International Decade of Indigenous Languages (2022–2032): can endangered languages be saved? Mid-term results from russian and international linguists;
- strengthening academic collaboration in today’s global landscape;
- the Russian Academy of Sciences: 300 years of history and contemporary challenges;
- artificial intelligence in mass media: friend or foe?
- the deaf community’s culture and Russian Sign Language;
- What can the world’s languages reveal about our past?
- the brain and language: neurolinguistics uncovering the secrets of speech;
- how does the brain read? and many others.
The plenary speakers will include — Alexey Gippius, academician of the RAS; Evgeny Golovko, corresponding member of the RAS; Ayesha Kidwai, professor at Jawaharlal Nehru University (New Delhi, India); Johanna Nichols, professor at the University of California, Berkeley (USA); Martin Haspelmath, Leipzig University (Germany); Alan Cienki, a leading expert in multimodal linguistics (Amsterdam, Netherlands); Bao An Chen, Peking University (China); Juha Janhunen, one of the foremost experts on Eurasian languages (Helsinki, Finland).
The Congress will be held in person, with English and Russian as the working languages (simultaneous interpretation will be provided). Plenary sessions on the first and last days of the congress will also be translated into Russian Sign Language and/or International Sign Language.
From December 9 to 13, the congress will feature eight plenary lectures, eighteen parallel sessions, over twenty roundtable discussions, and three large poster presentations. All events will be broadcast live on the official congress website: https://eacling.org/
Media Contact
Organization: First Eurasian Congress of Linguists
Contact Person: Karpovich
Website: https://eacling.org/en/2127-2/
Email: Send Email
Contact Number: +79646344349
City: Moscow
Country: Russia
Release Id: 26112420425
The post Moscow to host the 1st Eurasian Congress of Linguists appeared on King Newswire. It is provided by a third-party content provider. King Newswire makes no warranties or representations in connection with it.
About Author
Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.
-
Press Release4 days ago
A Omega Fencing Company Launches New Eco-Friendly Fencing Options for Environmentally Conscious Homeowners
-
Press Release6 days ago
The Strategy for Avoiding Failures for High Performers with Leila Entezam’s ‘SET UP’ Method
-
Press Release1 week ago
Eagle Crest Asset Management Prepares for Global Investors Summit Founder Ridel Bosco Castillo to Speak on U.S. Investment Landscape and Strategic Collaborations
-
Press Release5 days ago
Humera Tamboli elevates sustainable fashion with purpose: Embracing Supima cotton and Beechwood to create skin friendly capsule clothing
-
Press Release1 week ago
Revolutionizing Multilingual Tax and Bookkeeping Services for Global E-commerce Expansion: Flatfee Partners with cc:Monet
-
Press Release1 day ago
Saba Launches Saba PURE Colostrum and Biotin Complex™: A New Era in Foundational Wellness
-
Press Release1 week ago
Cosmic Network Launches Revolutionary Decentralized Privacy Ecosystem, Addressing Global Digital Freedom Challenges
-
Press Release6 days ago
Aven Osborne Launches New Personal Website to Inspire and Connect Through Athletics, Academics, and Service