Robotic System for Surgery
Monogram Orthopedics uses Artificial Intelligence, robotics, and 3D printing to enhance and improve joint-replacement surgeries.
Its system uses machine learning and 3D printing to create customized, patient-specific implants. By inserting the implants using advanced robotics and digital image algorithms, Monogram’s system achieves greater accuracy, stability, and fit than traditional methods.
Monogram’s system enables it to create custom implants at scale to target the high-volume joint replacement surgery market. There are more than 700,000 knee replacements and 300,000 hip replacement surgeries in the U.S. each year.
Notably, a company called Mako Surgical, which builds robotic arms that assist with surgical procedures, was acquired for nearly two billion dollars in 2013. Monogram’s Vice President of Engineering helped develop the technology behind those arms.
Monogram has filed for twenty patents and aims to go public later this year. Sales are expected to begin in 2024.