2 The Modern Way Of Healing Introduction Projection

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The Modern Way Of Healing •

• Introduction • Projection • Reasoning • Features • Goal, Vision, Mission • SWOT Analysis • Research • Milestone • Appendix 4

Executive summary of our project • Searching for a start with an concept to participant in the Wearacon 2020 competition we started to realize to move forward by thinking of more innovative ideas, concepts and future revolutionary designing projects. • Introducing Robocast Technology a medical device development company that intends to design a Wearable robotic cast. • The Modern Way Of Healing that is faster, better, and smarter. • A Rehabilitation and recovery device that will bring a revolution in the field of orthopedic and musculoskeletal treatments. • An device that will bring the change in the treatment process of the injuries in various circumstance with a complete analysis of the injury by automatically choosing the optimal system for the patient • Currently we are in the stage of developing A Minimum Viable Product (MVP) to make a basic prototype model. • We want to set up and get mature soon as the company can potentially prove to have a profitable product. 5

• As a startup with a good ambition and great desire to build a better world. • We are planning to start with a funding body to invest in our business plan so that we can utilize the initial funding to come up with the Beta product. • The company projects $6 million in sales in year three. • With the products ability to sold well and have a demand with the potential market and potential customers, . • The company expects to have $20 million in revenue by year five. • The market segments are clearly defined and all are subject to a high growth trend. (As the medical device market is projected to exceed $160 million in the next three years). • Patent applications of the first product will be accomplished using a top patent law firm. • As there is a huge investment potential for the medical device companies and we are having a solid plan that will go a long way to relieve the concerns of potential investors. Markets forecasts for wearable medical devices: It was 6. 22$ billion in 2017 and, expect to grow to 14. 41$ billion by 2022. Market worth $32. 71 billion by 2027, at a CAGR of 18. 3%. ADD A FOOTER 6

Why this product was developed ? • As the broken bones go through a long healing process depending on the different age group when the bone has been cut as part of a surgical procedure or fractured through an injury. • The human body will try to self repair the broken bone through the healing process that has three overlapping stages that are inflammation, bone production and bone remodeling. • As per the current treatment process one with the traditional cast fixed for 6 -12 weeks or more depending on the injury, Robocast reduces the recovery time by cutting it down to just 5 weeks. • As we are moving towards automation by creation of application and technology to monitor and control by itself this Robocast includes the intellectual property of a modern device. • Its comprehensive system capable of healing the injuries more effectively also there is a huge potential market for such medical device. • Forecast Period 2019 to 2025 with a CAGR: of 15% the 2025 Value Projection of medical device market is up tp: 3 Billion (USD). 7

• • • ADD A FOOTER The device that is reusable can be carried easily, placed and used with ease. Robo cast is completely waterproof. It weighs less than 550 grams, It is auto adjustable depending on to the body size of the Patient. The Rehabilitation System “Air Pouch Grid System” facilitates healing design that is flexible and auto adjustable. Skin friendly material to reduces skin irritation, anti bacteria, blood flow and temperature control during the healing process. Ultrasound waves for fast healing through the skin and soft tissue to the fractured bone. Sensors to measure the body movement level, temperature, heart rate and blood flow. AI that will assist the patients with the possibility of predicting and tracking the body like blood pressure, temperature, fats, calories, vitamins, calcium and bone healing stage for taking appropriate measures by them self. Lcd touch screen to present the data and analysis to the patient and the doctor. All this electrical parts will be powered by a rechargeable lithium-ion battery that can operate for 12 hours at a one time charge of 3 hours. The device can be controlled by an app (for IOS and Android) or directly through the screen and also through VR the patient and doctor can see how the live healing process Is going on with the help of scanned data and the sensors. 8

Our Goal is to create a device that will be a modern robotic devices that accelerate the healing process of fracture injuries, bruises, muscle tear and other major wounds, with the smart special system that works on the structure of machine learning and automatically operates based on the age, gender, body type and injury condition with the help of this wearable robots that will give an advantage of rapid treatment process. Our vision • is to become one of the leading brands in the medical device development industry with Our sustainable medical devices that can be accessible for maximum people around the world. Our mission • Is to establish a world class medical device development company that will manufacture a wide range of medical devices and build a brand that will become a household name in all parts of the world. 9

Strength: * Our strength lies in the idea and quality of our medical devices. * We have a strong team and the state of the art medical device production plant that we own. Weakness: *Our major weakness is that we are a new medical devices development team so we don’t have the financial capacity to compete with multi – billion dollars medical device development companies *we may not have enough cash reserve to promote our brand the way *We have a team of highly trained and experienced engineers and we would want to do. planners that can go all the way to design and produce modern *Different countries and regions may have to pay different prices for medical devices the same device. SWOT Opportunities: Threat: *online platforms to reach into the market highlighting the USP of *Just like any other business, one of the major threats that we are our product for sale to large number of hospitals and health likely going to face is economic downturn. It is a fact that economic facilities. downturn affects purchasing/spending power. *Current international crises due to Covid 19 may pose a threat for businesses such as *We have been able to conduct thorough feasibility studies and ours. market survey and we know what our potential clients will be looking for our products. *Our product can only be introduced to market only if the Device is approved and certifications are provided with notified Medical *we are well positioned to take on the opportunities that will come bodies and Government regulatory of the country. our way. 10

• There about 6. 8 million people come to medical attention regarding the fracture problem each year in the United States alone. • U. S physical and orthopedic therapy industry worth $34. 5 billion in 2018, up by 6. 2% from 2017. • The total market is forecast to grow at a 6. 2% average annual pace, to $45. 7 billion by 2023. • The orthopedic products and devices with a Compound annual growth rate of 7. 5% that if a great sign for likelihood on ongoing funding support to customers as alone USA accounts for 20% of Global industry in the production of Medical devices. • As the world’s largest medical device market share accounts up to 45 % in USA alone, that is valued more than US $ 60 Billion so this shows the higher potential market for Medical healthcare devices. • The orthopedic implants market accounted for $45, 901 million in 2017 is expected to reach $66, 636 million by 2025, registering a CAGR of 4. 7%. 11 Source-https: //projectupsc. wordpress. com/

Global Medical Device Market By Region 12

Global Medical Device Market By Application Source- https: //www. gminsights. com/ 13

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Market Drivers and Key Players 15

DEVICE MARKET & DISTRIBUTION NETWORK As we know any product won’t sell itself we will have to set up a solid network of target sales and distribution network in the market 30% 25% 20% 10% 5% Hospitals & Clinics Pharmacies Medical device stores e-commerce Medical supply companies Others 16

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1. https: //www. foothealthfacts. org/conditions/bone-healing 2. https: //www. exogen. com/ca-e/physician/about-exogen/ 3. http: //www. exovite. com/es/ 4. https: //3 dprint. com/72407/exovite-broken-bone-healing/ 5. https: //www. google. com/search? q=translate& oq=translate& aqs=chrome. . 69 i 57 j 0 l 6 j 69 i 60. 3171 j 1 j 7& so 6. urceid=chrome& ie=UTF-8 7. https: //www. youtube. com/watch? v=xg 55 O 87 Irr. U 8. https: //projectupsc. wordpress. com/2019/07/22/regulating-medical-devices-sector-a-priority-in-health-ministrys-five-year-plan/ 9. machinedesign. com/markets/medical/article/21837753/analysts-say-medical-devices-are-on-the-rise 10. https: //www. eurekalert. org/pub_releases/2019 -02/pu-ida 022619. php 11. https: //www. technologynetworks. com/drug-discovery/news/a-way-to-fix-bone-fractures-faster-311423 12. Https: //docplayer. ru/57763103 -Oglavlenie-vvedenie-4. html 13. https: //www. todaysmedicaldevelopments. com/article/solvent-based-part-cleaning/ 20