The medical devices industry continues to be a hotbed of patent innovation. Activity is driven by increased need for homecare, preventative treatments, early diagnosis, reducing patient recovery times and improving outcomes, and growing importance of technologies such as machine learning, augmented reality, 5G and digitalization. In the last three years alone, there have been over 230,000 patents filed and granted in the medical devices industry, according to GlobalData’s report on Robotics in medical: guided robotic surgical tools. Buy the report here.
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According to GlobalData’s Technology Foresights, which uses over 165,000 patents to analyze innovation intensity for the medical devices industry, there are 35+ innovation areas that will shape the future of the industry.
Guided robotic surgical tools is a key innovation area in robotics
Guided robotic surgical tools are devices that integrate imaging data and robotic assistance to enhance surgical precision. These tools use sensors, cameras, and computer algorithms to create a virtual roadmap of the patient’s anatomy, which is then used to guide the surgical tool to the target site with greater accuracy.
GlobalData’s analysis also uncovers the companies at the forefront of each innovation area and assesses the potential reach and impact of their patenting activity across different applications and geographies. According to GlobalData, there are 65+ companies, spanning technology vendors, established medical devices companies, and up-and-coming start-ups engaged in the development and application of guided robotic surgical tools.
Key players in guided robotic surgical tools – a disruptive innovation in the medical devices industry
‘Application diversity’ measures the number of applications identified for each patent. It broadly splits companies into either ‘niche’ or ‘diversified’ innovators.
‘Geographic reach’ refers to the number of countries each patent is registered in. It reflects the breadth of geographic application intended, ranging from ‘global’ to ‘local’.
Medtronic is one of the leading patent filers in the field of guided robotic surgical tools. Some other key patent filers in the field include Johnson & Johnson, Intuitive Surgical, and Koninklijke Philips.
In terms of application diversity, ASAN Foundation leads the pack, while Waters and BrainLAB stood in the second and third positions, respectively. By means of geographic reach, BrainLAB held the top position, followed by Medical Microinstruments and Creo Medical Group.
Guided robotic surgical tools have the potential to revolutionize the field of surgery by enhancing precision, facilitating complex minimally invasive procedures with low complication rates, and providing surgeons with valuable real-time information. The future holds the promise of extensive adoption of these tools across various specialties and increased automation. There is also room for further advancements through artificial intelligence (AI) integration, as well as the development of autonomous surgical robots and remotely supervised surgical procedures.
To further understand the key themes and technologies disrupting the medical devices industry, access GlobalData’s latest thematic research report on Robotics in Medical Devices.
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GlobalData, the leading provider of industry intelligence, provided the underlying data, research, and analysis used to produce this article.
GlobalData’s Patent Analytics tracks patent filings and grants from official offices around the world. Textual analysis and official patent classifications are used to group patents into key thematic areas and link them to specific companies across the world’s largest industries.
