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Optiscope
Optiscope Technologies is a developer of disposable rigid endoscopes using proprietary technology. An endoscope is a surgical optical instrument for the examination of internal tissues and organs in the body and is an aid to surgical operations. The worldwide market size for rigid endoscopes is estimated by HCEG to be approximately $400 to 500 million per annum and growing.
Re-useable rigid endoscopes are frequently damaged during use, resulting in costly repairs. They also require disinfection, decontamination, sterilization and servicing following each operation.
Optiscope has significant advantages over re-usable endoscopes currently in use, which will underpin the adoption of the product throughout hospitals and clinics worldwide. Optiscope utilizes a revolutionary, patented method of binging light to the optical view without the use of expensive glass lenses and fragile fibre optics.
This breakthrough technology allows Optiscope to produce a high quality product at a price low enough to bring a single use, disposable endoscope to the market. This gives Optiscope a significant clinical advantage as it completely removes the risk of any cross contamination associated with the re-use of endoscopes. Optiscope is expected to be sold at a cost comparable to the cost per use of re-usable endoscopes, allowing hospitals to buy multiple devices and assisting in the reduction of waiting times due to the reprocessing and repair of current products.
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