Neo drill
Surgical power tools
Two patents in the EU and the USA
No cleaning or sterilization
Antibacterial chamber separates sterile parts
Single-use sterile cover
Battery-powered motor unit
Utensils for cutting or drilling
Advantages
Accessible price
Proper hygiene guaranteed
No more maintenance
No risk in case of damage
Lower personnel costs
Zero waiting times
CURRENT FOCUS
Current focus
Goal is to go from design and development to the implementation of all promotional actions for the formal launch of the business.
Startup company
We are looking for a construction partner to share the project and start with the new company to build and market the new industrial product.
Contact us: info@surgicalpowertools.com
Project development status
- Product design and patents - √ completed
- Premilinary study and first prototype - √ completed
- Fine engineering and construction of product - √ completed
THE PATENTED INNOVATIVE COMPONENT
Neo is a startup company that was founded with the goal of launching a new drill model for orthopaedic surgery on the global market.
The product, which is already available as a working prototype, has been issued a patent, and has received a favourable opinion for the issue of a second patent. The patent protection extends to Europe and the United States.
Neo drill - A new SURGICAL DRILL
Surgical power tools - Neo drill
"Neo" is a new category of drill, halfway between two existing technologies (single use and multi use) because it is a drill in part mono use. "Neo" combining the advantage of the 2 drills technologies to existing surgery, and avoids the disadvantages. Innovation is represented by a single-use component (the cover), allowing you to avoid washing and apparatus sterilization after surgery.
"Neo" is composed of three parts:
- Universal adapter for spindle, saw, etc. (multi-use)
- Plastic cover (single use)
- Engine body + battery (multi-use)
AFTER WORKING IS ENOUGH TO REPLACE THE COVER STERILE TO BE ABLE TO RESUME THE ACTIVITY 'SURGICAL
Neo is a startup company that was founded with the goal of launching a new drill model for orthopaedic surgery on the global market.
The product, which is already available as a working prototype, has been issued a patent, and has received a favourable opinion for the issue of a second patent. The patent protection extends to Europe and the United States.
MARKET ESTIMATES IN 2020
| Number of clinics | N. of operations per year in 2020 | Market share in 2020 | Cover placed on the marke | |
|---|---|---|---|---|
| Low consuming | 300 | 87.964 | 18% | 15.833 |
| Medium consuming | 101 | 76.561 | 6% | 4.594 |
| Hi consuming | 101 | 195.475 | 2% | 3.910 |
| Totale stimato Italy | 502 | 360.000 | 6,8% | 24.337 |
Italian Market
360.000 operations in 2020
European Market
1.743.000 operations in 2020
| N. of operations per year in 2020 | Market share in 2020 | Cover placed on the market | |
|---|---|---|---|
| Tot. Europe | 1.743.000 | 4% | 69.700 |
The business strategy includes commercial exports to the main European markets: Germany, France, UK, Switzerland, and Spain.
Based on the Italian figure of 6.32 operations per 1,000 inhabitants, the total number of operations in target countries in 2020 is estimated to be approximately 1.74 million.
The target market share in these countries is 4%, or roughly 69,700 operations (corresponding to the number of covers sold) each year.
World Market
Estimated 1.500.000 operations per year in 2020
| N. of operations per year in 2020 | Market share in 2020 | Cover placed on the market | |
|---|---|---|---|
| Tot. World | 1.500.000 | 5% | 75.000 |
In the event that NEO is offered by a multi-national company (potential purchase of NeoCo including patents), which distributes its products in USA, Canada and 70 other countries around the world, the market potential would further increase, given that for developing countries the greater affordability of the product will provide further advantages.
The potential volume of business for a multi-national company in such a simulation, with a market share of 5% in the countries covered, would be EUR 180 million, based on an estimated 1.5 million operations per year.
Renato Marzella - Sales director
Renato Michele Marzella has worked in sales beginning his university studies, entering the medical field (Orthopaedics) as a sales agent in 1984, and then becoming an area supervisor for Southern Italy. In 1989, he founded Biomedica Health as a distributor of large brand name products in the medical sector for the regions of Abruzzo, Molise and Puglia and, since 2007, the managing agency for the same territory.
