Traditional surgical procedures often involve time-consuming and labor-intensive positioning processes. With the flourishing development of imaging technologies, Augmented Reality (AR) and Virtual Reality (VR) have found extensive applications in the medical field, assisting surgeons in confirming surgical angles and positions. According to statistics, the use of AR/VR in the healthcare sector is steadily increasing, with the related technology market expected to grow from $1.6 billion in 2020 to $16.2 billion in 2027. SURGLASSES recently announced that its Augmented Reality Navigation System for spinal surgery has received 510(k) market clearance from the U.S. Food and Drug Administration (FDA). The company plans to launch the product in the U.S. market in the first quarter of 2023.
SURGLASSES stated that its Augmented Reality-assisted navigation system for spinal surgery is globally unique, requiring only 2 to 4 intraoperative C-arm images. This allows surgeons to instantly view the "preoperative plan" and "observe spinal surgery trajectories" through an AR Head-Mounted Display. The innovative AR technology is applicable to both common spine surgeries and complex spinal curvature procedures. Throughout the surgery, the AR navigation system assists surgeons in obtaining a perspective-like surgical view. Equipped with multiple image trackers, the system enables physicians to real-time visualize the patient's internal structures through a 3D AR Head-Mounted Display.
"The Caduceus S technology, an Augmented Reality-assisted navigation system for spinal surgery, is designed to enhance the accuracy of spinal surgeries and address the complexity that surgeons face during spinal procedures. Additionally, considering the limited resources of small to medium-sized hospitals, Caduceus S can be seamlessly integrated with a C-arm, enabling these hospitals to perform spinal navigation surgeries and significantly improving the safety and convenience of spinal surgeries in Taiwan," said Dr. Wang Min-liang, CEO of SURGLASSES.
Dr. Wang Min-liang believes that augmented reality technology in spinal surgeries will serve as a pivotal point in the field of surgical procedures. It significantly impacts the accuracy and efficiency of performing spinal surgeries and implant placements. Without altering the existing workflow in the operating room, this technology provides surgical guidance, allowing surgeons to focus more on the patient without the need to frequently look up or turn their heads to view display systems outside the surgical area.
SURGLASSES, established in 2017, has progressively obtained market clearances for its AR Augmented Reality Surgical Navigation System in Taiwan and the United States. The Caduceus S product received the Taiwan Food and Drug Administration (TFDA) Class II Medical Device Market Clearance in August 2022, making it the first surgical AR imaging system approved by the TFDA in Taiwan. Furthermore, in December 2022, it received the U.S. Food and Drug Administration (FDA) 510(k) clearance.
According to the predictions by Research And Markets, the global Augmented Reality (AR) market is expected to reach $152 billion by 2030, with the global AR healthcare market anticipated to achieve a compound annual growth rate (CAGR) of 26% from 2022 to 2027. With continuous technological innovations, various industries are actively exploring solutions that meet the clinical needs of the healthcare field. Recognizing the opportunities, domestic businesses are aggressively entering the market, aiming to establish Taiwan's forward-looking competitiveness.
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