Revolutionizing Abdominal Exams: Are Local Anesthesia Endoscopes the Future of Surgery?

• OUI Medical is a Texas-based start-up revolutionizing abdominal exams with its innovative endoscope that can be used under local anesthesia.
• The endoscope’s capacity for use in an outpatient setting is cost-effective, convenient, and painless for the patient.
• OUI Medical’s product has a wide application in CancerCare, Emergency care, and preoperative care, and plans to generate $1 billion revenue in the next five years.
• The start-up is seeking $2 million in investments to bring the product to the market post FDA clearance.

Enter OUI Medical, a Dallas-based startup in the medical industry, with a vision to revolutionize the world of abdominal examinations. Founded by Dr. Adarsh M Patil, a minimal access surgeon with two decades of experience, OUI Medical is introducing an endoscope designed to examine the abdominal cavity under local anesthesia.

Until now, examinations of this nature required the patient to undergo surgery, including diagnostic laparoscopy or laparotomy, an expensive, inconvenient, and painful process. OUI Medical’s groundbreaking endoscope poses an efficient solution, transforming this procedure into an ambulatory setting under local anaesthesia.

So, what sets OUI Medical apart? The company has innovatively designed an endoscope that can be used under local anesthesia – a potential game-changer in the industry. This product significantly reduces the discomfort, expense, and inconvenience typically associated with abdominal surgical procedures. Instead, examinations can be conducted painlessly in an outpatient setting, simplifying the process and improving the experience for the patient.

Moreover, the scope of this product transcends regular abdominal examinations. It holds potential applications in CancerCare, Emergency care, and even preoperative care. The serviceable addressable market size for this product stands at a staggering $4 billion. OUI Medical has already applied for a utility patent and has an MVP ready, it is currently in the process of applying for FDA clearance.

As healthcare moves towards minimally invasive procedures and personalized care, innovative solutions like OUI Medical’s endoscope are setting new benchmarks in healthcare technology. The future of this startup seems promising with the objective of generating half a million procedures, each device is expected to sell for $2000, projecting a revenue of $1 billion over the next five years.

Navigating the highly competitive market with approximately 20 oem, OUI Medical plans to partner with mid-cap and large-cap companies to leverage their marketing and distribution strategies and make a swift market entry. They are currently seeking a $2 million investment to start this journey. With this, we believe OUI Medical will gain its rightful recognition among the pioneers in the Medical Device Industry. To find out more about the future of abdominal exams, please visit their website or LinkedIn page.