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Technology Is Enabling Remote Work In More And More Fields Could Surgery Be Next? Surgical Robot Maker Monogram Orthopedics (NASDAQ: MGRM) Believes So

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6 months ago

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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.

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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

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URCADServices Revolutionizes Millwork Shop Drawings with Precision and Affordability

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November 26, 2024

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Gaithersburg, MD – URCADServices, a global leader in CAD drafting and millwork shop drawing services, is proud to announce the expansion of its cutting-edge millwork and cabinetry solutions, tailored to meet the unique needs of architects, designers, builders, and manufacturers. With a track record of 99.995% accuracy, industry-best turnaround times, and cost savings of up to 60%, URCADServices sets a new standard for excellence in architectural drafting.

Bringing Visions to Life

Millwork shop drawings are the backbone of custom woodwork, transforming intricate designs into flawless masterpieces. URCADServices specializes in creating precise, production-ready shop drawings for a wide range of custom interior components, including cabinetry, casework, door casings, trim moldings, and more.

“We believe in turning our clients’ visions into reality,” said [Spokesperson’s Name], [Position], URCADServices. “Our team of highly skilled CAD professionals and project managers collaborates with clients to ensure every detail is captured, from wood types to hardware placements, for unparalleled craftsmanship.”

Why Choose URCADServices?

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  • Technical Expertise: 20+ years of experience in millwork shop drawings and CAD drafting.
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URCADServices offers a full spectrum of millwork and cabinet shop drawing services, including:

  • Custom kitchen cabinets and bathroom vanities.
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These services cater to a diverse clientele across residential, commercial, and public projects, from high-end homes to hotels, libraries, and more.

Empowering Innovation with Technology

URCADServices integrates the latest advancements in CAD and 3D modeling software to streamline workflows, minimize errors, and improve communication. Cloud-based collaboration tools ensure real-time feedback, enabling clients to maintain control throughout the process.

Testimonials Speak for Themselves

“YOU GUYS ARE DOING AN EXCELLENT JOB ON THE SUB-DIVISION SO FAR. THIS WAS EXACTLY WHAT WE HAVE BEEN SEARCHING FOR!”

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“I LOVE THE QUALITY OF THE POOLS, REFLECTIONS, INTERIOR LIGHT, SKIES… THESE RENDERINGS ARE LOOKING FABULOUS OVERALL!”

– Stephanie, Architect/Designer

About URCADServices

Founded in 2011, URCADServices has emerged as a trusted partner for the AEC industry worldwide, delivering high-quality millwork shop drawings, engineering designs, and CAD conversion services. The company is committed to innovation, precision, and customer satisfaction, ensuring projects are completed on time and within budget.

For more information about our services, please visit www.urcadservices.com or contact us at info@urcadservices.com.

Transform Your Designs into Reality with URCADServices. Contact Us Today!

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URCADServices Revolutionizes Outsourced CAD and Shop Drawing Solutions

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November 26, 2024

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Cost-Effective, High-Quality Structural Steel Detailing and Engineering Services From India

Gaithersburg, MD – URCADServices, a leading provider of outsourced CAD services, is transforming the global engineering and construction industries with its unparalleled expertise in structural steel detailing, shop drawings, and civil engineering solutions. Leveraging state-of-the-art technology and highly skilled professionals, URCADServices delivers superior, cost-effective, and time-bound solutions tailored to meet the unique requirements of every client.

With a comprehensive suite of services including structural steel shop drawings, reinforced concrete detailing, and aluminum composite panel detailing, URCADServices ensures precise, high-quality outputs that optimize fabrication and erection processes. Businesses worldwide are increasingly outsourcing to URCADServices to enhance productivity, reduce operational costs, and access advanced engineering capabilities.

Why Choose URCADServices?

  • Expertise in Structural Steel Detailing: From industrial projects to bridge designs, URCADServices delivers accurate shop and field drawings that simplify construction processes.
  • Comprehensive CAD Solutions: The firm’s services include 2D CAD detailing, structural shop drawings, reinforced concrete structures, and land development designs.
  • Tailored Processes: Each project benefits from custom workflows designed to meet specific client needs, ensuring seamless integration with their operational goals.
  • Global Communication Capabilities: Proficiency in English and dedicated project managers facilitate smooth collaboration across international boundaries.
  • Technology-Driven Excellence: Advanced computer-aided design (CAD) programs and cutting-edge tools enhance accuracy, speed, and quality.

Key Services Include:

  • Structural Steel Detailing for commercial and industrial projects.
  • Erection Drawings for seamless on-site assembly of steel structures.
  • Aluminum Composite Panel Detailing for modern architectural cladding solutions.
  • Reinforced Concrete Detailing for robust and precise fabrication processes.

Client-Centric Approach

URCADServices is committed to providing value-driven solutions while fostering trust and long-term relationships with its clients. “Our goal is to not only meet the technical specifications but to exceed client expectations with innovative, accurate, and timely services,” said a spokesperson for URCADServices.

Testimonials From Satisfied Clients

“YOU GUYS ARE DOING AN EXCELLENT JOB ON THE SUB-DIVISION SO FAR. THIS WAS EXACTLY WHAT WE HAVE BEEN SEARCHING FOR! I ENJOY WORKING WITH YOU!”

— Joe, Civil Engineer, P.E.

“I LOVE THE QUALITY OF THE POOLS, REFLECTIONS, INTERIOR LIGHT, SKIES… THESE RENDERINGS ARE LOOKING FABULOUS OVERALL! THANK YOU.”

— Stephanie, Architect/Designer

About URCADServices

Established in 2011, URCADServices is a trusted name in outsourced CAD services and engineering design solutions. Based in India, the company caters to a global clientele, providing innovative, high-quality solutions at competitive prices.

For more information or to discuss your project needs, visit www.urcadservices.com or email info@urcadservices.com.

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Copyright ©2011-2023. UR CAD SERVICES. All Rights Reserved.

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Email: info@urcadservices.com

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Elevate Your Land Development Projects with Expert Civil 3D CAD Drafting from URCADServices

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6 minutes ago

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November 26, 2024

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Gaithersburg, MD — URCADServices, a leading name in Civil 3D CAD Drafting and Design, is revolutionizing land development and civil site engineering projects by offering world-class outsourcing solutions. With a steadfast commitment to excellence, cutting-edge technology, and years of expertise, URCADServices provides innovative, cost-effective solutions for projects ranging from sub-divisions and roadways to bridges and dams.

Civil engineering plays a crucial role in modern infrastructure development, and URCADServices brings unparalleled proficiency in AutoCAD and Civil 3D tools to meet the demands of this dynamic industry. By outsourcing Civil 3D design and drafting services to URCADServices, companies benefit from:

  • Dynamic Engineering Models: Save time and money while reducing errors through integrated design updates.
  • Enhanced Project Efficiency: Perform faster design iterations and deliver projects smarter and more accurately.
  • Comprehensive Documentation: Streamline production sheets, construction documents, and technical illustrations.
  • Cost-effective Solutions: Deliver more design alternatives in less time without compromising quality.

“Our services bridge the gap between design intent and project execution, offering intelligent 3D models and realistic renderings to visualize and communicate ideas effectively,” said a spokesperson from URCADServices. “Our team of highly skilled designers and drafters operates as an extension of your team to meet your project’s goals and timelines seamlessly.”

Why Outsource CAD Drafting to URCADServices?

  • Accuracy & Quality: Precision-driven designs that adhere to the latest industry standards.
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  • Cutting-Edge Technology: Leveraging the latest tools and updates to stay ahead in the industry.
  • Flexible Turnaround: Customized solutions tailored to your project schedule and needs.

Civil engineers, architects, and developers worldwide rely on URCADServices for their expertise in land development, civil site design, and more. With projects spanning residential developments, commercial buildings, and government infrastructure, URCADServices is the trusted partner for those looking to streamline their design process and achieve exceptional results.

Testimonials:

“YOU GUYS ARE DOING AN EXCELLENT JOB ON THE SUB-DIVISION SO FAR. THIS WAS EXACTLY WHAT WE HAVE BEEN SEARCHING FOR!”

— Joe, Civil Engineer, P.E.

“I LOVE THE QUALITY OF THE POOLS, REFLECTIONS, INTERIOR LIGHT, SKIES… THESE RENDERINGS ARE LOOKING FABULOUS OVERALL! THANK YOU.”

— Stephanie, Architect/Designer

Take Your Projects to the Next Level

Discover the manifold benefits of outsourcing Civil 3D design services to URCADServices. Contact us today at info@urcadservices.com or visit our website www.urcadservices.com for more information and a customized quote.

About URCADServices

URCADServices specializes in Civil 3D Design, CAD Drafting, and engineering solutions for infrastructure projects worldwide. With a strong focus on innovation, accuracy, and cost efficiency, the company empowers clients to deliver superior results on time and within budget.

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Copyright ©2011-2023. UR CAD SERVICES. All Rights Reserved.

 Contact:

URCADServices

Email: info@urcadservices.com

Website: www.urcadservices.com

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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.

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