The global orthopedic implants market is USD 58.8 billion in 2019 with a CAGR of 7.3%. Today's vast majority of the market consist of standard implants, however, major disruption is happening. The cost reduction of additive manufacturing is driving new players into the market.
New companies are embracing software as a way to design and manufacture custom prosthetics faster and cheaper, as well as, as a way to product differenciate themselves and lock up market share.
Our engineers at Sethealth are already working with industry leaders to improve the communication between the doctors and the biomedical engineers that design the prosthetics, helping this companies to cut times and cost.
In addition, by relying on our HIPAA-compliant anonymization APIs, we reduce the legal liability of our clients. In the unlikely event of an attack, no Personal Health Information (PHI) can be leaked, since it's stripped away before being stored.
Last but not least, being a API-first company allows us to serve our clients without forcing them into an fixed solution, instead, we can provide low-level technology that seemsly integrate into any app or product, 100% white-labelled and customizable.