Momentis Surgical

Industry
Medical Equipment Manufacturing
Founded Year
2013
Headquarters
Tel Aviv, Israel
Employee Count
100

Key People

Assessment

Team
Aspect: Multiple successful MedTech entrepreneurs
Summary: The leadership team comprises experienced professionals with a strong background in medical technology and entrepreneurship.

The presence of multiple successful MedTech entrepreneurs in the leadership team suggests a high level of expertise and a proven track record in the industry, which is a significant strength for the company's prospects.

Clinical Need
Aspect: Very Strong
Summary: The Anovo Surgical System addresses a significant need for minimally invasive, complex surgical procedures.

The Anovo Surgical System's design to perform minimally invasive, complex procedures aligns with the growing demand for such surgical options, indicating a very strong clinical need and potential for widespread adoption.

Competition
Aspect: Very crowded + Strategics
Summary: The surgical robotics market is highly competitive, with established players like Intuitive Surgical and emerging companies.

The surgical robotics market is characterized by intense competition from well-established companies and strategic players, making it challenging for new entrants to gain significant market share.

Technical Challenge
Aspect: Complex
Summary: Developing and implementing advanced robotic-assisted surgical systems involves significant technical complexities.

The creation of sophisticated robotic-assisted surgical systems requires overcoming substantial technical challenges, which can impact development timelines and financial resources.

Patent
Aspect: Strong
Summary: The company holds a robust patent portfolio protecting its innovative technologies.

Having a strong patent portfolio ensures the company's innovative technologies are safeguarded, offering a competitive advantage in the market.

Financing
Aspect: Well-funded
Summary: The company has secured substantial funding from reputable investors.

Securing significant investment from reputable sources provides the financial resources necessary for product development and scaling operations, which is crucial for success in the competitive MedTech industry.

Regulatory
Aspect: 510k/PMA
Summary: The Anovo Surgical System has received FDA clearance, facilitating its entry into the U.S. market.

Obtaining FDA clearance is a critical milestone that allows the company to market its product in the U.S., but it also necessitates continuous adherence to regulatory standards and post-market surveillance.

Opportunity Rollup

Odds of Success
3.1
Peak Market Share
3.7
Segment CAGR
16.5%
Market Segment
Surgical Robotics
Market Sub Segment
Minimally Invasive Surgery
Year Post Launch Market Penetration (%)
1 0.19
2 0.56
3 1.30
4 2.59
5 3.70

Key Takeaway

Momentis Surgical's innovative Anovo Surgical System addresses a significant clinical need in minimally invasive surgery, but faces challenges in a competitive market with high technical and financial barriers.