iotaMotion Expands Robotic Solutions with New Funding for 2025
iotaMotion Enhances Cochlear Implant Surgery with Innovation
iotaMotion, Inc., a pioneering force in robotic-assisted systems for cochlear implant surgery, has reached a significant milestone in its journey to revolutionize this critical field. The company proudly announces that it has successfully established its advanced iotaSOFT Insertion System in 25 centers across various locations, marking an exciting phase in its commercialization efforts.
Significance of the iotaSOFT Insertion System
As the first and only robotic-assisted system designed for cochlear implantation, the iotaSOFT Insertion System is setting new standards. It provides a meticulously controlled method for inserting electrode arrays during surgeries, minimizing trauma to delicate cochlear structures compared to traditional manual techniques. This innovative approach highlights the potential for superior patient outcomes, which is increasingly attracting surgeons and healthcare providers to adopt this technology.
Growing Demand and Surgeon Adoption
Surgeons' demand for this cutting-edge technology is validated by a notable rise in usage rates and an increase in participating centers, including training programs for neurotology fellows. There is growing recognition of the benefits that enhanced robotic techniques can offer in the realm of cochlear implants.
Backing for Future Growth
Not just a technological breakthrough, iotaMotion is further strengthening its operations as it prepares for an impressive expansion trajectory. With significant Series B funding secured, the company will leverage this capital to accelerate growth and advance their pioneering solutions further. This funding round has also brought new perspectives to its Board of Directors, welcoming experienced leader Jeff Hopkins, who brings decades of expertise in medical technology to the team.
Leadership Insights and Future Outlook
Mike Lobinsky, the President and CEO of iotaMotion, expressed tremendous pride in the system's impact on the cochlear implant sector. The reported 20% growth in several centers' cochlear implant programs outpaces the industry average, indicating robust market acceptance and future opportunities.
“With the addition of Jeff Hopkins to our team, we are poised for strategic growth,” stated Lobinsky. Hopkins, with his commendable background, is eager to contribute to iotaMotion’s mission and vision in transforming how cochlear implants are administered.
Commitment to Patients and Surgical Excellence
Hopkins's enthusiasm for the role is evident as he acknowledges the transformative nature of the technology for patients dealing with profound hearing loss. His belief in broadening the adoption of neurotology treatments aligns with iotaMotion's mission to greatly enhance surgical capabilities and patient satisfaction.
About iotaMotion and Its Vision for the Future
iotaMotion, Inc. is dedicated to reshaping the cochlear implantation landscape through state-of-the-art robotic-assisted solutions. The iotaSOFT® Insertion System exemplifies the company’s commitment to providing unparalleled control during procedures, thereby improving clinical outcomes and preserving sensitive structures inside the cochlea.
With a clear vision, iotaMotion aims to empower hearing professionals with innovative tools that significantly enhance surgical outcomes. As it moves forward, the focus will remain on expanding both its market reach and the depth of its technological innovations.
Frequently Asked Questions
What does the iotaSOFT Insertion System do?
The iotaSOFT Insertion System provides a robotic-assisted method for cochlear implant surgeries, allowing for precise electrode array insertions and reduced trauma.
How many centers currently use iotaMotion’s technology?
Currently, there are 25 centers utilizing the iotaSOFT Insertion System across various locations.
What impact has the iotaSOFT system had on cochlear implant programs?
Several centers are reporting a 20% year-over-year growth in cochlear implant program activity, surpassing the average industry growth of 7%.
Who has joined the iotaMotion Board of Directors recently?
Jeff Hopkins has recently joined the Board, bringing extensive experience in medical technology to assist in strategic growth.
What are iotaMotion’s future plans following the funding?
With the recent Series B funding, iotaMotion plans to enhance its commercial operations and continue innovating in the cochlear implant sector.
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