Below is a description of 3 prototypes that utilize this disruptive technology and an overview of the target markets. Over a dozen other prototypes are ready for demonstration. The company that advances this meaningful technology will create new markets and accelerate growth.
Ultrasonic bone saw and scalpel that can prevent infection, control bleeding, and speed up healing.
Portable wound care for the 21st century. Could be as ubiquitous as the first aid kit.
Ultrasonic bone saws and scalpels are sophisticated medical devices that cut and coagulate tissues and vessels. These devices rely on ultrasonic vibrations for cutting during a surgical intervention. They are anticipated to garner considerable attention in the coming years owing to their numerous benefits over electrosurgical options in blood loss and post-surgical procedures. These medical devices offer a high degree of precision and save time.
This low-frequency ultrasound bone saw device enables safe, precise, and controlled bone removal. It is designed to provide significant advantages over the current options in the existing market. This device can prevent infection and bleeding, and promote healing simultaneously. This novel technology will enable the surgeon to improve cutting refinement, decrease heat to the bone and soft tissue periosteum, and decrease the chance of infection and nonunion.
This low-frequency ultrasound bone scalpel uses technology similar to a bone saw but is designed for a gentler osteotomy. It efficiently slices crystalline bone while leaving elastic soft tissues largely unaffected during incidental contact.
The global market for Ultrasonic bone saws and scalpels was estimated at US$2.5 Billion in the year 2020, and is projected to reach a revised size of US$3.7 Billion by 2026, growing at a CAGR of 6.3% over the analysis period.
Growth in the global market is buoyed by increasing adoption of the device in healthcare facilities and improvement in healthcare infrastructure. Other important growth drivers supporting market expansion include rising prevalence of chronic medical conditions requiring surgery, technological advancements in medical devices, and increasing focus on surgeries. These devices are finding increased use in laparoscopic and open general, gynecologic, pediatric, plastic and urologic procedures as well as also exposed to specific orthopedic structures such as the joints and the spine. The market growth is also facilitated by favorable reimbursements along with rising affordability of treatments.
Example 1: General Surgery
General Surgery is projected to grow at a 7.1% CAGR to reach US$1.4 Billion by the end 2026. This segment currently accounts for a 29.8% share of the global Ultrasonic bone saw and scalpels market. The growing popularity of ultrasonic bone saws and scalpels in general surgical procedures can be attributed to the fact that the instrument minimizes damage to lateral thermal tissue. Furthermore, less postoperative pain and thus earlier return to regular activities and normal diet is also expected to augment application of ultrasonic bone saws and scalpels. The growing preference for minimally invasive surgeries in gynecology offers significant opportunities for ultrasonic bone saws and scalpels. These ultrasonic devices are used in various gynecology procedures, such as coagulating, excising endometriosis, removal of uterine fibroids, adhesion lysis, ovarian surgery, myomectomy, tubal surgery, colpotomy, hysterectomies, and appendectomy.
Example 2: Ear Nose and Throat.
In the global Ear-Nose-Throat (ENT) segment, USA, Canada, Japan, China and Europe will drive the 5.7% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$419.4 Million in the year 2020 will reach a projected size of US$619 Million by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets.
Ultrasonic device demand will continue to grow for a number of reasons including:
Portable hand held device that can stop bleeding, prevent infection, and provide immediate pain relief. Compact and lightweight.
The Model AF1000 Qoustic Field™ portable wound care is intended to provide field wound care for armed services personnel – especially in the battlefield – and first responders in the form of portable hand-held device that is deployed and used by average personnel trained to use it for three key aspects of immediate wound triage in the field: 1) Hemostasis (i.e. ultrasound can stop bleeding) 2) Pain reduction (i.e. ultrasound can provide temporary pain relief) 3) Bioburden reduction (i.e. ultrasound can reduce and impede infection at wound site)
With the uncertainty of social, political, and economic conditions worldwide and the corresponding rise in tensions and conflict, there are large markets in military, law enforcement, peacekeeping, tactical response, emergency medical, and other first responders. Target Markets include: 1. Military & Reserve Units (e.g., Army, Navy, Air Force, Marines, Coast Guard, etc) 2. Tactical Response Units (e.g., SWAT, HRT, etc.) 3. Law Enforcement (e.g., FBI, DEA, Police, Private Security, etc.) 4. Emergency Medical First Responders (e., Paramedics, EMTs, Firefighters, etc) 5. Other First Responders (e.g., Red Cross, Disaster Recovery, etc).
The Department of Defense (DoD) awards contracts worth hundreds of billions of dollars each year. There are 1.3 million active-duty military personnel and more than 800,000 reserve forces in the United States. Total active-duty personnel for the five armed services were approximately 472,000 for the Army, 319,000 for the Navy, 319,000 for the Air Force, 184,000 for the Marine Corps, and 41,000 for the Coast Guard.
There are 17,985 police agencies in the United States, including city police departments, county sheriff's offices, state police/highway patrols, and federal law enforcement agencies.
There are over 1 million firefighters in the United States. Local police departments have an estimated 556,000 full-time employees, including 436,000 sworn personnel. Sheriffs' offices reported about 291,000 full-time employees, including 186,000 sworn personnel. There are over 155,000 nationally registered Emergency Medical Technicians (EMT).
Cryogenic + Ultrasound wart removal (remove unwanted tissue without scarring)
Low Frequency Ultrasound
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