Connect with us

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

Published

7 months ago

on

–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

info@benzinga.com

Company Website

http://www.benzinga.com

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 tracking

COMTEX_452783411/2655/2024-05-23T08:48:34

About Author

Cloud PR Wire

See author's posts

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.

Related Topics:
Continue Reading

Press Release

Test Banks Academy Ranked No. 1 BEST Website for Test Banks in the U.S. Market for 2024

Published

54 minutes ago

on

December 21, 2024

By

Test Bank Website Secures Leading Position in Supporting College Students Across Key Majors

United States, 21st Dec 2024 – Test Banks Academy, a trusted platform for academic test banks, has been recognized as the #1 website in the United States market for 2024. This recognition is based on overwhelmingly positive student reviews, with metrics verified by Tawthiq.org, a leading platform for verification, studies, and research. The verification solidifies Test Banks Academy’s position as the go-to resource for college students seeking reliable study support.

Test Banks Academy  has emerged as the leading choice for students across diverse majors, including nursing, accounting, marketing, and management. By offering an extensive collection of high-quality test banks, the platform has proven to be an essential academic resource for students aiming to excel in their courses. This achievement reflects Test Banks Academy’s commitment to enhancing student success through meticulously curated content and comprehensive exam preparation tools.

The platform’s growing popularity stems from its focus on providing accurate, up-to-date test banks tailored to course curricula. College students have highlighted the significant impact of Test Banks Academy on their study habits, exam confidence, and overall academic performance.

In addition to its current offerings, Test Banks Academy has announced plans to launch a dedicated NCLEX platform in the near future. This initiative is set to mark “the next level” for nursing students preparing for the National Council Licensure Examination (NCLEX), a critical step in becoming licensed nurses. The new platform is expected to deliver an unparalleled experience, combining rigorous practice materials with targeted preparation strategies.

“We are honored to be recognized as the #1 choice for test banks in the U.S. market. This achievement is a reflection of our mission to empower students with tools that drive academic success,” said [Spokesperson Name], a representative from Test Banks Academy. “As we prepare to launch our NCLEX platform, we remain committed to raising the bar for student preparation and support.”

With a reputation built on trust and quality, Test Banks Academy continues to shape the academic journey for thousands of students nationwide. As the platform expands its offerings, it reaffirms its role as a leader in the field of test bank solutions.

For more information about Test Banks Academy and its upcoming NCLEX platform, please visit testbanks.ac.

About Test Banks Academy 

Test Banks Academy is a leading online platform providing test banks for college students across various majors, including nursing, accounting, marketing, and management. With a commitment to accuracy and quality, the platform supports students in achieving academic excellence.

Media Contact

Organization: Test Banks Academy

Contact Person: Mark Steven

Website: https://testbanks.ac

Email: Send Email

Country: United States

Release Id: 21122421785

The post Test Banks Academy Ranked No. 1 BEST Website for Test Banks in the U.S. Market for 2024 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

Cloud PR Wire

See author's posts

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.

Continue Reading

Press Release

Secure Global Synchronized FX (SGS FX) Wins as the Best Trading Platform Asia at International Business Magazine Awards 2024

Published

54 minutes ago

on

December 21, 2024

By

Dubai, 9th December 2024 – Secure Global Synchronized FX (SGS FX) has been named Best Trading Platform Asia at the International Business Magazine Awards 2024. The award, accepted by Market Representative Mr. Syed Mohammad Arif, recognizes SGS FX’s commitment to excellence and innovation.

 

The International Business Magazine Awards celebrate excellence across key sectors including banking, finance, insurance, and technology. These prestigious awards honor leadership, innovation, and transformative contributions with a rigorous selection process. The awards ceremony attracts business leaders, executives, and professionals from around the world, recognizing those who set new standards of success and leadership within their respective industries. 

SGS FX’s recognition as Best Trading Platform Asia 2024 reflects its dedication to providing a secure, efficient, and customer-focused trading experience. A core factor in this success is the company’s strong commitment to regulatory compliance. SGS FX operates under the oversight of respected financial authorities, including the Australian Securities and Investments Commission (ASIC) and the U.S. Financial Crimes Enforcement Network (MSB), ensuring a secure and trustworthy trading environment for its clients. This adherence to regulatory standards reinforces the platform’s reputation for reliability and transparency. In addition to compliance, SGS FX stands out through its advanced technological infrastructure. The platform offers low-latency execution, transparent pricing, and advanced charting tools, enabling traders to make informed decisions in real-time. 

SGS FX’s customer-first philosophy further strengthens its appeal, offering personalized support and a comprehensive suite of educational resources to help traders navigate the complexities of the market with confidence. “Our success is built on three key pillars: regulatory compliance, advanced technology, and a relentless focus on customer satisfaction,” said Mr. Arif, underscoring SGS FX’s commitment to ongoing innovation and excellence. 

Upon receiving the award, Mr. Arif expressed heartfelt gratitude on behalf of the entire SGS FX team. “This achievement is a testament to the hard work, dedication, and innovative spirit of our team,” he said. “Being named the Best Trading Platform in such a competitive landscape is both humbling and motivating. This award marks a significant milestone in our ongoing journey toward excellence.” He emphasized that the award represents just the beginning, with SGS FX committed to continuous innovation and delivering even greater value to its clients. 

SGS FX’s win further solidifies its leadership in the trading platform industry. With a focus on compliance, technology, and customer satisfaction, SGS FX is well-positioned for continued growth and success in today’s dynamic financial markets.

Video link: https://vimeo.com/1039927769

For Media Inquiries:

Contact details

1.  Company name: SECURE GLOBAL SYNCHRONIZED FX PTY LTD

2.  Website link: https://www.sgsservice.com/

3.  Contact email: sgs@sgsservice.com

4.  Country: Australia

5.  City:  503 12 Woniora Rd ,Hurstville 2220,NSW 

6.  Contact person name: Omar Mohamed Salah

About Author

Cloud PR Wire

See author's posts

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.

Continue Reading

Press Release

Pepe Creator’s Fans Discover the Name of Matt Furie’s First Frog: Introducing the Mystery Memecoin

Published

1 hour ago

on

December 21, 2024

By

With the revelation of the frog’s true identity from Matt Furie’s “The Night Riders,” a new memecoin sets out to captivate collectors and enthusiasts.

 

A new wave of enthusiasm is sweeping through the memecoin community as fans of Matt Furie, the renowned creator behind the Pepe character, have uncovered the true name of the frog featured in his debut publication, “The Night Riders.” Known simply as Mystery, this long-speculated identity has come to light after careful examination of the book’s endnotes and symbolic references. In response, a new memecoin bearing the same name has emerged, aiming to harness the intrigue of this discovery and establish its place among today’s most compelling digital assets.


For years, readers of “The Night Riders” have admired its four main characters—an unnamed frog, a rat, a dragon, and a bat-like creature—without any official confirmation of their identities. This wordless, dreamlike narrative is considered Matt Furie’s first major publication, preceding his later cultural phenomena. Now, dedicated research has revealed that the frog, so central to the story’s unfolding journey, is in fact called Mystery. The discovery draws upon subtle textual clues found in the book’s endnotes, where Furie pays tribute to several names that correspond closely with the beloved characters. By linking these dedications to the figures in the story and applying careful reasoning, enthusiasts have confidently matched Mystery to the frog, Toki to the dragon, Wat to the rat, and Hoodrat to the bat-like creature.

 

The timing of this revelation is especially significant given the recent popularity of memecoins inspired by Matt Furie’s creations. Although the token known as PEPE captured widespread attention, other projects have sought to tap into this cultural momentum. Mystery memecoin arrives as a compelling option, striving to become the most memeable memecoin in existence. Similar to how PEPE previously ignited a vibrant community of enthusiasts, Mystery seeks to serve as a second chance for collectors who may have missed earlier opportunities. Unlike HOPPY, another frog-themed memecoin that gained traction by leaning on established trends, Mystery builds on a deeper narrative and origin story, connecting its brand closely to one of Furie’s earliest and most personal creations.

 

“The unveiling of Mystery’s true name within Matt Furie’s earliest work provides a rare opportunity,” commented one of the voices behind the memecoin project. “We believe this coin can connect enthusiasts to a foundational piece of pop culture history, fostering an environment where creativity, community, and authenticity all connect with each other.”

 

With a token supply of 420,690,000,000,000, the Mystery memecoin aims to reflect its whimsical roots and the creator’s imaginative legacy. Enthusiasts can explore its website and community forums to learn more about this emerging project. It is hoped that the coin’s identity, anchored in an officially discovered name from Matt Furie’s oeuvre, will resonate with collectors seeking both cultural relevance and genuine novelty. The team behind Mystery aspires to engage with a global audience intrigued by Furie’s characters, the evolving landscape of digital assets, and the potential for art-inspired tokens to bring communities together.

 

For more information, visit https://furies-mystery.com.

About Author

Cloud PR Wire

See author's posts

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.

Continue Reading

LATEST POST

Like Us
Follow Us
Subscribe Us
Follow Us