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[Company Name] School of EECS NUST MITEFP-OPEN BAP-2010 School of EECS, National University of Sciences & Technology Development of a Tele-Surgical Training.

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Presentation on theme: "[Company Name] School of EECS NUST MITEFP-OPEN BAP-2010 School of EECS, National University of Sciences & Technology Development of a Tele-Surgical Training."— Presentation transcript:

1 [Company Name] School of EECS NUST MITEFP-OPEN BAP-2010 School of EECS, National University of Sciences & Technology Development of a Tele-Surgical Training Robot & Simulator Shamyl Bin Mansoor Osman Hasan, Asif Zafar, Arshad Ali, Muddassir Malik

2 [Company Name] School of EECS NUST MITEFP-OPEN BAP-2010 Market Need Surgical procedures are evolving from conventional to Laparoscopic and Robotics assisted techniques Existing systems that support these innovative methods have higher learning curves for surgeons –Trainers for Robotic and Laparoscopic Surgery are required –Laparoscopic Surgical Simulators cost thousands of dollars (LapSim, $50,000 for a single license) Laparoscopic and the limited Robotic surgery training systems are also very costly There is a need to make innovative and cost effective training systems

3 [Company Name] School of EECS NUST MITEFP-OPEN BAP-2010 Target Customers and Market Size Market Size –The global robotic surgical market size is currently estimated to be $1 billion * –Potential 20,00,000 surgeries worldwide for robotic surgery! Target Customers –Hospitals, Holy Family Hospital (Rawalpindi Medical College) –Medical Colleges –Great Market potential in developing Mid-East, Asian and African Countries for our system * Mohamed R. Ali, Jason J. Rasmussen. Journal of Laparoendoscopic & Advanced Surgical Techniques. February 2008, 18(1): 32-36.

4 [Company Name] School of EECS NUST MITEFP-OPEN BAP-2010 Proposed Solution Modeling & Simulation Mechanical Design & Control

5 [Company Name] School of EECS NUST MITEFP-OPEN BAP-2010 Business Model

6 [Company Name] School of EECS, NUST MITEFP-OPEN BAP-2010 Financials and Exit Strategy Exit Strategy –IPO (We intend to start up a company with this system as our main product) Financial Projections Year 1Year 2Year 3 Total Revenues $150,000$450,000$750,000 Gross Profit $20,000$60,000$100,000 Net Income $10,000 $30,000$50,000 Investment Needed $500,000$300,000$100,000

7 [Company Name] School of EECS NUST MITEFP-OPEN BAP-2010 Your Team Technical –Mechanical and Electrical Design Team Team Lead by (PhD Electrical Engineer) 1 Mechanical, 1 Electrical Engineer, 3 UG Students –Simulator Design Team Team Lead by (PhD Computer Science) 1 Software Engineer, 1 Computer Scientist, 6 UG Students Marketing and Selling Center for Innovation and Entrepreneurship (NUST) Finance National ICT R&D Fund and NUST Operations School of EECS, NUST

8 [Company Name] School of EECS NUST Thank You Active Collaboration between engineers and surgeons Cost Effective Training System Training for Laparoscopic Surgery Training for Robotic Surgery Using off the shelf components Using open source framework and local human resource MITEFP-OPEN BAP-2010


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