The Biggest Medical Patent Opportunities for the next 100 years?

A few years back a friend of mine had surgery on his knee to repair a torn ACL (the main ligament in the knee). They put him under. Two hours later when he woke up there were three tiny incisions – no more than half an inch long.

Today, you can't even see the scars.

Twenty years ago surgeons would run a scalpel from the top of your thigh halfway down your shin. And this scar would be visible from across the room.

The evolution of medical devices over the last twenty years is astonishing. But the biggest medical patent opportunities for the next 100 years won't be developments in better tools for surgeons. They'll be tools that begin to replace surgeons altogether.

The Flood of Medical Patents for Robots

Half of all prostate cancer operations in the U.S. are performed by the da Vinci surgical robot. It stands nearly 5 feet tall and has four mechanical "arms" with cameras and interchangeable tools to cut, pinch and snip cancer into oblivion. 

patented prostate robot

Patented Prostate Removal Robot

Over 1,000 of these robots are in operation around the world, at a price tag of one million bucks each (that's over a billion dollars worth of robots for prostate cancer alone!)

The robot is controlled by a surgeon who sits in a nearby room in what looks like a video game control cockpit. In this cockpit the surgeon watches several screens and controls the mechanical arms with perfect precision.

Because this approach to prostate surgery spares delicate nerves, this is a cancer cure that doesn't leave men impotent and incontinent. 

patent tools for davinci

Tools for the DaVinci Robot

This is a far cry from prostate surgery years ago when surgeons couldn't even see the prostate and had to rely on feel alone to remove the cancerous gland.

A Growing Trend for Medical Devices

Robots are not just confined to operating on prostate cancer. Hearts, throats, joints, spines and brains are being mended with the help of these new addition of medical devices. And it doesn't look to stop anytime soon.

  • Cardiac surgeons are using robots to perform bypass surgery without using rib spreaders
  • Robots make it possible to extract a cancerous thyroid gland through the patients armpit, instead of through the throat which leaves a nasty scar
  • Some throat surgeries used to require large incisions, pulled teeth and broken jaws...now robots enter and exit through the mouth

Who knows...in a few years my friends tiny incisions to replace his ACL may seem barbaric. A Florida company, Mako Surgical, holds a patent on a robotic arm to assist in surgery on arthritic knees. 

Top 5 Medical Patents from TIME's 50 Best Inventions of the Year

The November 22 issue of TIME magazine contained an article any future patent holder would love. The 50 Best Inventions of the Year showcased everything from flying cars to mosquito killing lasers. Here are the best medical patents from the Time Top 50.

Medical Patent #5: Used Cars for Babies

Premature babies have a new ally...junkyards. The NeoNurture incubator utilized old car parts to make functioning incubators for newborns. Headlights for heat, a dashboard fan blows air, and it can even be powered by a motorcycle battery. Finally, something useful for a Yugo.

Medical Patent #4: Life

Putting shame to the billions of years it took life to emerge on planet Earth, J. Craig Venter has managed to create life in just 15 years. Using simple off-the-shelf chemicals, Venter managed to reconstruct the genome of a bacterium that divides and replicates just like any other bug. Gloom and doom science fiction writers, sharpen your pencils.

Medical Patent #3: Great News for Smokers

Mixing blood vessels, collagen, stem cells, nutrients and a little science, researchers have created the lifelike tissue that exchanges oxygen and carbon dioxide just like normal lung tissue. Starting with a skeletal rat-lung, the lab grown lungs are powerful to assume 95% of a normal lung's inhaling and exhaling functions. Smokers around the world are encouraged not to hold their breath waiting on human implants.

Medical Patent #2: Replacement for the Wheelchair?

The makers of eLegs exoskeleton have designed an exoskeleton that may help paraplegics to walk again. The exoskeleton is composed of robotic prosthetic legs that use artificial intelligence to mimic a natural human gait. The wearer controls the machine using two crutches. Could this be the first step in a real Iron Man suit?

 Medical Patent #1: Made to Order Organs

Imagine if you could print yourself a brand new heart as easily as you could a weekly status report. That's exactly what San Diego based companies Invetech and Organovo plan will happen with the 3-D Bioprinter. Based off of decades old dot-matrix printer technology, the printer has two printheads – one sprays out a gel that forms the shape of the desired organ...the other fills it in with living cells. Imagine a new liver custom made for you in a week. Alcoholics rejoice!

Do you have an idea that may be in next year's issue of The 50 Best Inventions of the year? You do? Then contact our office toll-free at 1-866-Idea-Attorneys.

Going Toe To Toe With Medical Device Giants

Here's an inspirational story (or a warning) for anyone holding a medical device patent.

A privately held maker of blood-testing equipment for diabetics, has fended off attacks from behemoths Abbott Laboratories ( ABT - news -people ), Roche ( RHHBY.PK - news - people ) andMedtronic ( MDT - news - people ) for 8 years at a cost of $31 million!

Full Story Here - Little Guy Goes Head to Head with Medical Device Giants

 

When Simple Is Better...A "Medical Device" that Prevents a Certain Type of Asthma?

If you think you need to patent a wildly complex invention to make boat loads of money in the "medical" field, think again. Sometimes simple is better.

Take for example a story I came across while thumbing through the recent issue of Popular Mechanics.

A Medical Device for Prevention

The Popular Mechanics article says...

"Tile-setter Joel Beaton spent 17 years inhaling dust from powdered grout and mortar, which often leads to "potter's rot," or silicosis, an occupational lung disease marked by asthmatic symptoms. Now Beaton has invented (and patented) an attachment that snaps onto a mixing bucket and keeps dust from escaping. The tool evenly distributes the vacuum's suction so it draws in the maximum amount of debris. It's a simple idea, with brilliant results."

After reading the article I visited Beaton's website, www.waletale.net, and found two pictures that beautifully illustrate how this simple "medical device" sucks grout and mortar dust out of the air, preventing lung problems for tile setters.



Before and After Wale Tale

Three Rules to Keep in Mind for a Simple Medical Device

If you're not a Nobel Prize level doctor or have a Phd in biology, anatomy, or an area of medical science  – but still want to profit in the world of medical device patents – here are three things to keep in mind.

Medical Device Patent Rule #1: Common Situations that Lead to Health Problem

Many new patents grew from a need to protect workers who are exposed to health risks on a recurring basis.

A few common examples are:

  • Gloves for lawn and garden workers so they don't cut their hands
  • Helmets for construction workers so they don't get knocked out by falling debris
  • Surgical masks for doctors and nurses so they don't breath in germs
  • And on and on...

Joel Beaton identified a frequent situation that caused a long term health problem. Look around the type of work you do day in and day out an ask yourself: Who is exposed to constant health risks?

Medical Device Patent Rule #2: Simple Solution

After you've identified the problem, here are a few questions you can ask yourself that will help you come up with a simple solution.

Is there something that already exists – that you can tweak a little bit – to fix the problem?  In Beaton's case, he designed a simple attachment for a common worksite tool, the shop vac. Can I make it simple so anyone can use it?

Medical Device Patent Rule #3: Cheap to Produce

If this is your first attempt at patenting an invention, you probably don't want to bet the bank on it. So design something with as few moving parts as possible (and preferably out of a cheap material like plastic). That way if you get the patent, it will be much less expensive to manufacture and sell.