Cyber Surgery
Cyber Surgery (founded in 2017, San Sebastian, Spain) has created a robot assistant for spine surgery, guiding the surgeon inserting pedicle screws into the vertebrae during the vertebral fusion, a very common and risky surgical procedure. "Cyber Surgery has developed smart products that provide patient safety and procedures for surgeons with a step by step workflow to plan the surgery before the intervention and guide the doctor during the surgery with the robotic assistant.
Current techniques for spinal fusion surgeries are mainly based on freehand open surgeries, where bleeding and risk of infections are a main concern. However, robotic solutions that are currently in the market are based on optical tracking systems that present some drawbacks.
The solution proposed by Cyber Surgery resides in the patient tracking system which is based on an innovative and patented mechanical system. MarketThe size of the market is the number of hospitals that perform this type of surgery and are susceptible of buying a robot, which amounts to 20 000 hospitals worldwide. The spinal screws market is of 7 million screws sold worldwide in 2018, more than 1 million procedures and due to overweight and aging of the population these figures are increasing at 10% rate annually. The incorporation of robots in the health sector is growing faster, the market nowadays is of 4 billion dollars and it is growing a 20% annually.
Income will come from two sources. Initial Income: Robot Sales, €600K per robot (less than Mazor €900K and better performance). Recurrent Income (per year): Maintenance €50K, consumable €100K, training €5K and system.
The solution proposed by Cyber Surgery (with patented mechanical tracking system) differentiates from other solutions based on optical tracking, providing higher accuracy, reduction of surgery time and costs, improved ergonomic and higher safety and robustness.
Cyber Surgery is a spin-off of Egile Corporation XXI. We are a group of enthusiastic hard workers that share the same objective of optimising the robotic surgery.
The development of the robotic assistant for spine surgery that will change the paradigm of vertebral surgery has been funded by the NEOTEC program by Ministry of Economy, Industry and Competitiveness of the Spanish government."
Current techniques for spinal fusion surgeries are mainly based on freehand open surgeries, where bleeding and risk of infections are a main concern. However, robotic solutions that are currently in the market are based on optical tracking systems that present some drawbacks.
The solution proposed by Cyber Surgery resides in the patient tracking system which is based on an innovative and patented mechanical system. MarketThe size of the market is the number of hospitals that perform this type of surgery and are susceptible of buying a robot, which amounts to 20 000 hospitals worldwide. The spinal screws market is of 7 million screws sold worldwide in 2018, more than 1 million procedures and due to overweight and aging of the population these figures are increasing at 10% rate annually. The incorporation of robots in the health sector is growing faster, the market nowadays is of 4 billion dollars and it is growing a 20% annually.
Income will come from two sources. Initial Income: Robot Sales, €600K per robot (less than Mazor €900K and better performance). Recurrent Income (per year): Maintenance €50K, consumable €100K, training €5K and system.
The solution proposed by Cyber Surgery (with patented mechanical tracking system) differentiates from other solutions based on optical tracking, providing higher accuracy, reduction of surgery time and costs, improved ergonomic and higher safety and robustness.
Cyber Surgery is a spin-off of Egile Corporation XXI. We are a group of enthusiastic hard workers that share the same objective of optimising the robotic surgery.
The development of the robotic assistant for spine surgery that will change the paradigm of vertebral surgery has been funded by the NEOTEC program by Ministry of Economy, Industry and Competitiveness of the Spanish government."
Last Funding: 2.8M
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