PeekMedAuto Novel AI-based system for orthopedic surgery to help surgeons fully automate the pre-operative planning of knee osteotomy

Summary

Peek Health S.A.’s overall mission is to develop innovative technological solutions for pre-operative planning of orthopedic surgeries; increasing the quality of healthcare services, decreasing the overall cost of care, and providing added value to surgeons, patients, and partners. Based on a successful manual version with significant market traction -PeekMed®- Peek Health introduces the innovative AI-based PeekMed-Auto, the first system that fully automates pre-operative planning for osteotomies around the knee (correcting bowlegs or knock knees); a surgery allowing patients to postpone knee replacement for several years, or avoid it altogether. The need for this innovation became apparent by the reported difficulty of planning osteotomies by surgeons due to its complexity and limitations of tools available. Through significant and disruptive impact, PeekMed-Auto will establish Peek Health’s position in the market.

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Web resources:	https://cordis.europa.eu/project/id/190129575
Start date:	01-11-2022
End date:	31-10-2024
Total budget - Public funding:	3 268 460,00 Euro - 2 287 922,00 Euro

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Original description

Peek Health S.A.s overall mission is to develop innovative technological solutions for pre-operative planning of orthopedic surgeries; increasing the quality of healthcare services, decreasing the overall cost of care, and providing added value to surgeons, patients, and partners. Based on a successful manual version with significant market traction -PeekMed- Peek Health introduces the innovative AI-based PeekMed-Auto, the first system that fully automates pre-operative planning for osteotomies around the knee (correcting bowlegs or knock knees); a surgery allowing patients to postpone knee replacement for several years, or avoid it altogether. The need for this innovation became apparent by the reported difficulty of planning osteotomies by surgeons due to its complexity and limitations of tools available. Through significant and disruptive impact, PeekMed-Auto will establish Peek Healths position in the market, generating >40M in revenue by 2026, and a cumulative profit of ~40M.