A pioneer in the wireless medical technology space, BioTelemetry is changing how doctors monitor and diagnose health disorders and diseases. While this technology holds the potential to be applied across the healthcare space, at the moment, its use in mobile cardiac monitoring is leading the way, both in practical application and in its ability to drive revenue for this industry leader. The market has taken note, and this ROBO Global Index member delivered a total return of more than 443% in the...Learn More
A shortage of nurses is already taxing an already stressed healthcare system, and there’s seemingly no end in sight. According to the American Nurses Association, there are currently about three million nurses in the US—about one million short of the number that will be needed to provide sufficient care for the fast-growing population of elderly men and women requiring care in the next five years alone. Dr. Manish Kothari, President of SRI Ventures and a ROBO Global strategic advisor, see...Learn More
Investing in a down market requires a higher level of due diligence. While it can feel a bit more daunting, if you’re aiming for long-term gains, you can actually find yourself in a sweet spot—especially if you’re able to identify opportunities that are poised for growth, no matter what the state of the market overall. If you’re seeking a buy low/sell high opportunity (and, quite frankly, who isn’t?), the first place to look may be the exciting and fast-growing universe of robotics. ...Learn More
By: William Studebaker, President & CIO, ROBO Global There’s never been a more exciting time to be an investor—especially in robotics, automation, and artificial intelligence where the rate of change and innovation has become exponential and is poised to surpass anything we’ve ever seen before. Perhaps it’s because of the sheer pace of change that headlines about driverless cars and self-flying delivery drones don’t turn heads these days. In fact, with advancements in robotics, au...Learn More
On Tuesday, Orian Research released a report on the current state of the healthcare robotics market growth. Their estimates may surprise even those who are focused on this sector. In brief, the growth to come is expected to be nothing short of explosive: the current market of $4.12 billion is expected to reach $13.9 billion by 2023. That’s a compound annual growth rate of 27.53% over the next six years. It’s stunning. What may be even more surprising is that, historically, analysts hav...Learn More
Robotic hair restoration company Restoration Robotics raised $25 million in an initial public offering and saw its shares rise nearly 40% after its debut, according to a Silicone Valley Business Journal report. The 91-person company, co-founded by surgical robotics pioneer Fred Moll, sold 3.6 million shares at $7 each, then proceeded to open at $8.55 per share today, up 22% from its IPO price, according to the report. So far today, the company has seen shares rise 38%, at $9.66 as of 2:06 p....Learn More
From aiding medical professionals to those with disabilities themselves, robots are revolutionizing the medical world and playing a major role in the way that we view healthcare today. This is not something that the National Institutes of Health (NIH) has overlooked - the organization is now funding robotics research to further extend the reach of healthcare for those with disabilities. The NIH is just one of the major names participating in the Interagency National Robotics Initiative to suppor...Learn More
Will a 4-foot-tall robot named VGo be your next teammate? Researchers, scientists and athletes alike hope to increase efficiency in concussion diagnostics on the football field. Dartmouth-Hitchcock's Center for Telehealth is trying to combat this problem by bringing robots to the sidelines. VGo serves as a stand-in sideline doctor and has the potential to save lives. At least 50 football players high school age and younger have died or sustained serious head injuries on the field since 1997 a...Learn More
The life-shattering news of “you will never walk again” may soon become a figment of the past. ReWalk Robotics, a healthcare company, is one of the leading names revolutionizing the paraplegic world as we know it. It has created an FDA approved exoskeleton that is helping paraplegics do the impossible- walk again. Dr. Amit Goffer, a paraplegic himself, founded and created the company in 2001. ReWalk’s exoskeleton is the first FDA approved device of its kind to be cleared for personal use...Learn More
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