Technology, Inc. (NASDAQ:ADEP) and Prosurgics, announce an agreement to collaborate
on the design and development of the next generation of Prosurgics’
surgical robotic systems for image-guided and navigated neurological
and soft tissue surgery.
The companies will leverage Adept’s leadership in advanced
image-guided robotic products and Prosurgics’ depth of experience in
image-guided and navigated surgical robotic systems to create
innovative products to address critical needs within the fast-growing
surgical robotics market. The surgical robotics market in the USA
alone is forecast to be worth approximately $2.5 billion by 2011 (BCC
Research) with an expected average annual growth rate of 43% in the
period 2006-2011. Examples of the emerging surgical robotics market
are in cardiac and prostate surgery. Surgical robots are now
performing more than 50% of prostatectomies in the US. Clinical
outcome data for the latter has shown superior patient outcomes while
at the same time delivering a compelling economic benefit.