IoT penetration in the field of telecommunications health is growing rapidly. In 2015, the number of IoMT or Internet of Medical Things devices in the world was about 5.4 billion devices, or about 30% of all IoT devices. By 2020, this number is expected to reach 20 to 30 billion units.
Frost & Sullivan released a market research report on IoT in 2017 that is part of the high forecast. In this report, health startups using IoT technology are divided into five categories based on where they are used. These five categories include:
On the body : (On Body) include wearables and the implants.
In-house : Includes tools such as digital or virtual assistants, activity monitors, and home medical devices.
In the community : In this category are automatic kiosks, emergency response smart devices and removable devices.
In the Clinic : Portable medical devices and treatment coordinator technologies and assistive devices are in this category.
In the hospital : In hospital services are included tools, patient monitors and personnel, sophisticated equipment that helps better manage warehouses and resources.
Since we were not able to access the entire report, we examined the startups of each category one by one. A total of 102 IoT startups have been examined for health, followed by a description of each category of IoT startups.
Handle On Body
These include wearable devices, which also include implants. Wearable devices can be health-oriented or used for medical and clinical purposes.
Wearable health-oriented : (Consumer health wearables) These devices are used for personal health and fitness, including bracelets and watch and monitors the activity can be named. Most of these devices do not require the supervision and authorization of medical device monitoring organizations.
Wearable clinical level : (Clinical-grade wearables) These wearable devices, which must be approved by a moderator of medical equipment in Iran, for example, run their entire medical equipment. Most of them are used in conjunction with expert advice and prescription.
Some of the startups in this category include:
(Misfit Wearables) clocks that smart people always want to wear them. Missfit watches have an attractive design and good performance. The company acquired Mission Fossil in 2015 for $ 250 million.
(Withings) for various types of devices will monitor your health, some of which are worn like a watch. Other French company devices include smart weights, sleep watchers, smart thermometers and smart barometers. In 2016, the startup Whittings was acquired by Nokia for € 170 million.
(Sano) has developed a small sensor that can continuously measure blood glucose levels and transmit this information to mobile. Launched in 2011, it has raised about $ 20 million in funding.
(AliveCor) a small device made by placing fingers on it can be clinically valuable ECG. The device, which receives FDA approval , sends information to its mobile app and evaluates the heartbeat using artificial intelligence. Launched in 2010, it has raised more than $ 63 million in funding.
(Health Care Originals) solution for monitoring treatment and symptoms in patients with asthma has to offer. This solution includes a wearable device that attaches to the chest and measures symptoms such as cough, respiratory rate, heart rate, skin temperature, and so on. The device collects patient information in connection with the mobile app and provides it through the physician platform.
Monica Healthcare : Monica Healthcare has developed a wearable device to monitor fetal status in pregnancy, especially for high-birth mothers. It attaches to the belly of a pregnant mother and can monitor fetal and maternal heart rate and uterine activity. This startup was purchased in 2017 by Jay Hallaker.
(ActiveProtective) to solve the problem of falling in elderly and its complications, a manufacturing belt that uses motion sensors dimensional moment of falling recognizes and metatarsal pad (Airbag) open and pelvic area to protect . The product, now known as Tango, has already raised $ 14.5 million.
(Owlet Baby Care) monitor the infant's heart rate and blood oxygen saturation levels measured and if the sudden drop in their children happen to warn parents. The Ultrasound device is designed to be attached to the baby's socks like a sock. The startup has raised $ 48 million since 2013.
(Thync) a bioelectronics startup is looking to create new therapeutic strategy for autoimmune diseases and mental disorders. This destructive approach to targeting autonomic nervous pathways can be effective in the treatment of diseases such as psoriasis, lupus, irritable bowel syndrome and rheumatoid arthritis. Currently, this startup focuses on the treatment of psoriasis and has so far raised $ 13 million in funding.
(Chrono Therapeutics) Smart Device subcutaneous injection of the drug. This device and app also collect and evaluate patient behavior and acceptance information while injecting the drug. This product is being developed for smoking cessation, dyskinesia in Parkinson's disease and drug addiction treatments. Launched since 2004, Corono has raised $ 82 million in capital.
Category In Home
Startups in this category often offer one of three types of service:
Personal emergency response systems (personal emergency response systems) are a set of wearable devices and a medical call center that are designed to increase the independence of the elderly and provide emergency services faster.
Remote patient monitoring employs all devices and sensors to provide long-term home care with long-term patient monitoring. However, these tools are also used for other purposes, including post-discharge care, acute care at home.
Telehealth virtual visits , including virtual counseling for patient status management, medication administration, and care planning. Examples include virtual consulting and video examination through digital viewing and digital testing.
Some of the startups in this category include:
AdhereTech : Made a smart tablet container that manages patient drug use. The tablet can remind patients to take medication via mobile, warn them of forgetfulness, warn overdose, and tell the pharmacy when to take it. Launched in 2011, it launched four rounds of fundraising.
Nova Sam : (NovaSom) device home test for the diagnosis of sleep apnea syndrome (obstructive sleep apnea) that allows monitoring of cardiorespiratory status as well. Nova Sam has been operating since 1992 and has received FDA approval for the device . According to available information, more than $ 54 million has been raised so far.
Amico : (Amiko) device management and monitoring of respiratory drugs called Rspyrv has produced. By integrating respiratory therapies, this device enables them to be connected to mobile and Raspiro platform, which enables management of artificial intelligence under expert supervision. This English startup has been operating since 2015.
TB scope : (CellScope) device that the mobile phone has become a tool otoscope to examine the eardrum is. Parents with TB can easily check their child's ears and get proper instructions from their doctor. Launched in 2010, it has so far raised more than $ 6.5 million.
TytoCare (TytoCare) is a device that allows for some home-based examinations. This device allows for heart, lung, abdominal, ear, cervical, skin, and body temperature measurements. The patient calls the physician through the application and performs the examinations as directed by the physician, and eventually the physician issues the order. The startup has raised more than $ 56 million since 2012.
Category In Community
Startups can be categorized in one of the following five categories:
Moving services (Mobility services) that allow travel time to monitor the health parameters.
Intelligent call an emergency (Emergency response intelligence) that are designed to help emergency service providers.
Interactive kiosks (Kiosks) to offer health services to provide, for example, the relationship with the doctor.
Care devices in place (Point-of-care) for use outside service providers or hospitals, medical camps are used as examples.
Logistics (Logistics) tools and services to facilitate or improve the handling and transport of medical supplies and pharmaceuticals are included.
Some of the startups in this category include:
Ayrastryp : (Airstrip Technologies) platform to deliver critical information to mobile patient monitoring hospital doctor or nurse. This smart platform can also predict the patient's condition and aid in early detection of problems and complications. Launched in 2004, the startup has raised $ 65 million.
Cargo Sense : (CargoSense) using sensors placed on consignment may provide condition monitoring. These sensors can evaluate environmental conditions such as temperature, humidity, light, pressure and shock and transmit their data to the platform. Informs the person if any problems or changes are dangerous to the platform's cargo. Launched in 2012, it has raised more than $ 5 million.
Internet : (EyeNetra) Removable optical devices for use anywhere. These devices are designed and manufactured so that the patient can use them without assistance. Taken together, these devices can meet the needs of an optometrist's mobile clinic. The startup has raised $ 7 million since its inception in 2011.
Mvbysnt : (Mobisante) devices, portable ultrasound produces. They are about the size of a mobile phone with a small probe attached to it that allows ultrasound to be performed anywhere. These devices are also competitively priced with other models. This startup launched in 2009.
Handle In Bed
In this category IoT devices are used for clinical purposes. Now this use can be in the clinic, either remotely or even at the patient's place. Devices used in this category at the patient site differ from community devices in that the physician may not be present at the site and may be used by trained personnel.
Some of the startups in this category include:
(InfoBionic) has developed an outpatient ECG wireless monitoring device. It's easy to use for patients, and while reducing weight and size, it can monitor patients' heart condition more closely. Launched in 2011, it has raised more than $ 93 million in funding.
(Kinesis Health Technologies) to assess the risk of falling is made. The device connects to the individual's feet and calculates the risk of falling by analyzing the person's movement and gait. This Irish startup has been operating since 2013.
(Nuvo) belts for monitoring pregnant women has produced. This belt can be easily used by the patient to monitor fetal, maternal and uterine activity heart rate and send it to a physician. Launched in 2007, it has raised more than $ 30 million.
(Augmedix) Solved the problem of incorporating information into electronic records and less physicians' attention to patients using Google Glass. The AgedMax solution is to record information by verbal instructions and display and correct them with Google Glasses at the patient's visit. It is also possible to access patient records so the physician can devote more time and attention to the patient. Launched in 2012, it has raised $ 63 million in funding.
Category In Hospital
There are a wide range of solutions for this area of management, including:
- Asset management is done through monitoring and tracking of valuable assets inside and outside the center.
- Personnel management that measures human resource productivity.
Manager track patient (Patient flow) that remove bottlenecks and improve operational processes with the goal of improving the patient experience.
- warehouse management, which helps in ordering, storing and consuming equipment, supplies, consumables, medicines and equipment, and reducing warehousing costs and increasing productivity.
Some of the startups in this category include:
With Babybe (GmbH) is a device that helps maintain a mother's relationship with a premature baby. Premature infants should be kept in the incubator for some time and thus cannot be in contact with the mother. The device transmits the baby's heart rate, respiratory rhythm and whispers to the baby, thereby accelerating the baby's recovery and lowering costs. The German startup launched in 2013 and has had 7 rounds of fundraising.
Sutra Wireless : A wireless device controls the patient's vital signs. In addition to controlling vital signs, it can detect and warn of life-threatening arrhythmias, body postures and the possibility of falling. It can also be used in off-road and off-road sections. The startup has raised more than $ 96 million since 2004.
Awarepoint offers a solution for automating business processes and tracking in hospitals. Known as Sintruck, this product integrates all major hospital processes and enables them to be managed on a single platform. Launched in 2002, it has raised more than $ 82 million.
Zorabots is a humanoid robot that is one of the services it can provide in the field of health. The robot can greet the patient on arrival at the hospital and give him basic information or make the child more entertained and relaxed in the hospital environment. However, this Belgian startup also operates in areas other than health.
Map of IoT health startups
Finally, it is worth mentioning some of the issues we encountered in examining more than 100 IoT startups.
More than 50 percent of IoT startups are in the On Body category.
Most investors and startups as well as the first exit on the right and on the body so it seems right or in the hospital In Hospital greatest investment has been attracted.
There are many specialized and specialized areas where IoT startups work exclusively.
General-purpose devices such as activity monitoring wristbands and vital signs have already been well-received, but the market seems to have reached a mature stage. However, the market for IoT devices is growing and flourishing with clinical applications.
Source: virgool.io