When DaVinci came into our OR several years ago, I thought it was a joke. PRICE PER SHARE $685.
A monstrosity of a machine. Almost laughable. Thought this type of surgery will never last. Why would you significantly pay more to have the same surgery? Again, have you been in an operating room during arobotic procedure? I have trouble describing it. Those of you who have been in the room understand completely.
You talk about end effectors. DaVinci tracks the number of uses for their end pieces. I believe after 12 or 13 times, they get thrown away. The fact that Titan is discussing having end effectors strong enough for reuse is ground breaking.
Did you see the size of the complete robot? The smaller footprint itself is ground breaking.
Finally, bottom line, what is ground breaking to hospitals and surgery centers is COST. Surgery centers and hospitals want BUSINESS. These organizations have changed. PROFIT is the name of the game.
I experienced the effect of COVID on healthcare organizations. Thousands of nurses laid off because elective cases could not be done. No help getting unemployment. Saw videos of firemen and policemen driving to hospitals with their lights on in support of nurses. National news for nursing support. Thanks to our essential healthcare staff. Meanwhile, the truth is these healthcare organizations were laying their staff off to save money while getting billions of dollars in COVID relief funds.
Do some research on nursing layoffs during COVID and relief to healthcare facilities. And now that government has allowed elective surgeries to return even though COVID cases are spiking, do you think government are going to stop elective surgeries again? No way in hell. The money train is back chugging again.
So the design of the end effectors may not be groundbreaking. Agreed. But Titan has patented snake arms and other improvements that will allow them to play in the game. A game that only has one player. ISRG.
If a hospital or surgery center wants to make money, they need to recruit surgeons. If surgeons want a SPORT to do their surgeries, hospitals and surgery centers will buy them. And when surgery centers and hospitals learn they can buy them for less money and it will ACTUALLY fit in their ORs BAM! it is a win win. And when the ultimate piece of the puzzle learns about SPORT the patient or consumer(again, healthcare is a BUSINESS) look out!!! A patient learns that a surgery can be done through one incision, the umbilicus with no scars??? You can't be serious????? SIGN ME UP!!! WHERE DO I WRITE THE CHECK????
I can just hear the conversation at the beach.
"You had a hysterectomy? Where is your scar?
Ever heard of the SPORT? They go through your belly button.
No scar? You can't be serious!!!!"
