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Sensor Patch Market Accelerates at 29.8% CAGR, Targeting USD 34.9 Billion by 2032 on Rising Wearable Health Adoption and Real-Time Vital Monitoring: AnalystView Market Insights
Globenewswire· 2026-01-28 11:44
Core Insights - The global Sensor Patch Market is transforming as healthcare systems adopt real-time, continuous, and remote patient monitoring models, making sensor patches integral to modern digital healthcare ecosystems [1][2] Market Drivers - The demand for accurate diagnostics, early disease detection, and personalized treatment approaches is driving the growth of the sensor patch market, with advancements in sensor technology and AI integration further accelerating adoption [2][5] - The rapid expansion of remote patient monitoring (RPM) has reshaped healthcare delivery models, with governments recognizing the value of continuous monitoring to improve care accessibility and clinical outcomes [3][4] - Nearly 60% of adults globally live with at least one chronic disease, increasing the demand for long-term monitoring solutions, supported by government-funded healthcare programs expanding reimbursement for RPM [4][5] Key Applications - Sensor patches are increasingly used in chronic disease management, particularly for diabetes, cardiovascular conditions, and respiratory disorders, offering continuous, high-resolution physiological data [5][6] - Key applications driving adoption include glucose monitoring for diabetes management, ECG patches for cardiac risk detection, respiratory monitoring for COPD and asthma, temperature monitoring for infection management, and sweat analysis for hydration monitoring [7][8] Regional Outlook - North America is the largest market for sensor patches, driven by high chronic disease burden and strong reimbursement coverage, while Asia-Pacific is experiencing the fastest growth due to large patient populations and government-led healthcare digitization initiatives [6][8] Competitive Landscape - Competition is shifting towards proving clinical performance and maintaining quality consistency, with key players including Abbott, Dexcom, and Medtronic leading in various segments [9][10] - Regulatory scrutiny is increasing, making reliability a competitive differentiator alongside innovation [9] Future Outlook - Sensor patches are evolving into intelligent health platforms, integrating AI algorithms for predictive analytics and enabling holistic patient assessments through multi-parameter tracking [12]
6Letters Launches "MOJO KING," an Apple Watch-Based iOS App for Non-Invasive Testosterone Monitoring
Prnewswire· 2026-01-19 10:49
Core Insights - Digital healthcare startup 6Letters has launched MOJO KING, an iOS application for non-invasive testosterone monitoring using Apple Watch data [1][2] - The app analyzes heart rate variability (HRV) to track male hormonal balance without the need for blood tests or external sensors [2] - MOJO KING categorizes users based on their biometric signals compared to age-group baselines, presenting results in a user-friendly format [2] Product Features - Users can opt for a paid subscription to remove ads and enable continuous measurements for personalized hormone monitoring [3] - The app is built on multiple patents and peer-reviewed research, with ongoing machine-learning model training using large-scale medical datasets [4] - MOJO KING offers insights into hormone responses to strength training, differentiating it from conventional fitness apps [5] Future Plans - 6Letters plans to expand MOJO KING with features for hormone-dependent hair loss management and is developing MOJO QUEEN for female hormone analytics [6] - The company is conducting a pre-seed funding round with an estimated valuation of USD 5 billion and aims for FDA 510(k) clearance in 2026 [7] - 6Letters intends to enter the U.S. Remote Patient Monitoring reimbursement market following AI training completion [7][8]
KMTS, Biobeat Partner to Expand Diagnostic Insight in Cardiac Recovery
ZACKS· 2026-01-14 17:06
Company Collaboration - Kestra Medical Technologies, Ltd. (KMTS) announced a collaboration with Biobeat Technologies, Ltd. to enhance patient monitoring and diagnosis for users of the ASSURE Wearable Cardioverter Defibrillator (WCD) during cardiac recovery, including a $5 million investment in Biobeat's Series B financing [2][10] - The partnership aims to improve clinical decision-making by providing enhanced blood pressure visibility during critical recovery phases, supporting remote at-home care [3][5] Technology Integration - The collaboration will integrate Biobeat's FDA-cleared cuffless blood pressure monitoring technology into the ASSURE WCD platform, enhancing its clinical relevance and supporting better care for patients with complex heart conditions [5][8] - Biobeat's device is the only FDA-cleared patch-based wearable that provides continuous blood pressure measurements over 24 hours, which will be added to the ASSURE system for comprehensive data insights [8][9] Market Position and Financials - Following the announcement, KMTS shares declined by 5.9%, although the stock has increased by 42.8% over the past six months, outperforming the industry and the S&P 500 [4] - KMTS currently has a market capitalization of $1.37 billion, and the collaboration is expected to strengthen its competitive position in the cardiac recovery management market [5][10] Industry Prospects - The wearable medical devices market is projected to reach $67.65 billion by 2026, with a CAGR of 25.1% through 2035, driven by the demand for remote patient monitoring and home healthcare solutions [11] - The collaboration aligns with the growing trend towards digital healthcare and remote monitoring, which is increasingly important in the context of patient recovery [10][11] Financial Strategy - Kestra is expanding its sales team and has recently raised approximately $138 million through an equity offering of 6,000,000 common shares at $23.00 per share, which will support its growth initiatives [12]
Biotricity (BTCY) - Prospectus
2025-12-22 22:29
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM S-1 REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 BIOTRICITY INC. (Exact name of registrant as specified in its charter) Nevada (State or other jurisdiction of incorporation or organization) 3845 (Primary Standard Industrial Classification Code Number) 30-0983531 (I.R.S. Employer Identification Number) 203 Redwood Shores Parkway, Suite 600 Redwood City, CA 94065 (904) 496-0027 (Address, including zip code, and telephone n ...
Owlet and Locus Health Partner to Seamlessly Deliver Infant Health Data into Remote Patient Monitoring Programs
Businesswire· 2025-11-19 13:45
Core Insights - Owlet has partnered with Locus Health to enhance infant health management by integrating data from Owlet's FDA-cleared device, BabySat, into Locus Health's remote patient monitoring platform, allowing healthcare providers secure access to vital infant health information post-hospital discharge [2][3][4] Company Overview - Owlet, Inc. is a pioneer in smart infant monitoring, having monitored over 2.5 million babies and providing parents with reliable tools to track key vitals [9][10] - Locus Health specializes in remote care management software, particularly for vulnerable pediatric patients, and has been recognized for its outcomes-based solutions [6][11] Partnership Details - The collaboration aims to bridge the gap between hospital and home care for nearly 500,000 babies transitioning from ICU each year in the U.S., particularly those with ongoing medical needs [5] - The integration will allow clinicians to monitor key vital signs such as oxygen saturation and pulse rate, facilitating early detection of concerning trends and timely interventions [6] Strategic Goals - The partnership reflects Owlet's commitment to providing accessible, high-quality care for infants and their families, marking a significant step in expanding its clinical partnerships in pediatric healthcare [8] - Owlet's integration with Locus Health is expected to enhance workflow efficiency for healthcare providers while minimizing the burden on parents during challenging times [6]
OMRON Healthcare Announces Second Investment in Tricog Health to Advance AI-Powered Cardiac Care in India
BusinessLine· 2025-11-12 16:31
Core Insights - OMRON Healthcare has announced a second investment in Tricog Health, an AI medtech startup in India, to strengthen their partnership and accelerate business growth [1][5] Industry Context - Cardiovascular diseases are the leading causes of death in India, with a significant increase in patient numbers expected due to lifestyle changes and an aging population [2] - India has a shortage of certified cardiologists compared to countries like Japan and the United States, leading to challenges in ECG data analysis and access to advanced diagnostic equipment [2] Company Initiatives - Tricog Health utilizes AI analysis from over a decade of ECG data combined with expertise from over 100 clinical specialists to develop tailored devices and services for frontline clinical workflows [3] - OMRON and Tricog have collaborated on KeeboHealth, a remote monitoring service for heart-failure patients that integrates AI-based ECG analytics with OMRON's connected devices, improving diagnostic efficiency [4] Strategic Goals - The new investment aims to deepen the partnership and introduce solutions that meet local clinical needs in India, aligning with OMRON's mission of "Going for ZERO" to eliminate adverse cardiovascular events [5] - Tricog Health's AI platform has screened over 31 million patients and identified approximately 1 million critical cases, making it one of the most widely used systems for cardiovascular management globally [8]
Owlet Partners with Rhapsody to Connect Remote Baby Monitoring Data to EHRs
Businesswire· 2025-11-12 13:45
Core Insights - Owlet has partnered with Rhapsody to integrate infant health data from its BabySat pulse oximeter into electronic health record (EHR) systems, enhancing data sharing between home and hospital settings [2][3][4] Company Overview - Owlet, Inc. is a pioneer in smart infant monitoring, offering FDA-cleared wearable pediatric monitors and innovative software that provides real-time health insights to parents [6][7] - The company has gained the trust of over 2.5 million parents since its inception in 2012, creating one of the largest collections of pediatric health data globally [7] Partnership Details - The collaboration with Rhapsody aims to create a secure, standards-based pathway for pediatric data, allowing clinicians to access and record vital information seamlessly [3][5] - This integration is expected to simplify data connectivity, enabling hospitals to scale their pediatric remote patient monitoring (RPM) programs effectively [4][5] Market Impact - The partnership reflects a growing interest in connected monitoring solutions within healthcare systems across the nation, positioning Owlet to bridge the gap between home monitoring and hospital care [5] - Owlet's focus on clinically validated insights aims to empower families and enhance the quality of care provided by clinicians [5]
PAVmed Subsidiary, Veris Health, Enters into Strategic Partnership Agreement with The Ohio State University Comprehensive Cancer Center - James Cancer Hospital and Solove Research Institute
Prnewswire· 2025-06-03 12:31
Core Insights - Veris Health Inc. has established a strategic partnership with The Ohio State University Comprehensive Cancer Center (OSUCCC – James) following a successful pilot program of the Veris Cancer Care Platform™ [1][4] - The partnership aims to enhance personalized cancer care through remote patient monitoring and the development of the Veris Cancer Care Platform [2][3] Group 1: Partnership Details - The agreement includes a long-term, multi-project collaboration to further develop and commercialize the Veris Cancer Care Platform and its implantable physiologic monitor [2][3] - Key components of the partnership involve expanding commercial utilization across cancer care service lines, full electronic health record (EHR) integration, and launching a large clinical registry and clinical trial [3][4] Group 2: Platform Features - The Veris Cancer Care Platform offers remote physiological data collection, symptom reporting, telehealth capabilities, and EHR integration, aiming to improve personalized cancer care [4][5] - Patients enrolled in the platform receive a VerisBox™ with connected health care devices that transmit data to a cloud-based clinician portal, along with a patient smartphone app for symptom reporting and health tracking [5] Group 3: Company Background - PAVmed Inc. is a diversified commercial-stage medical technology company operating in medical devices, diagnostics, and digital health sectors, with Veris Health as its majority-owned subsidiary [7] - Veris Health focuses on enhancing personalized cancer care through innovative technologies, including the development of an implantable physiological monitor [7]
Biotricity Expands IP Portfolio & Strategy with 14 New Patents, Reinforcing Innovation & Leadership in Remote Monitoring, Diagnostics, & Chronic Disease Management
Globenewswire· 2025-03-12 12:15
Core Insights - Biotricity has expanded its intellectual property portfolio with 14 new patents, bringing the total to 15 issued patents and 14 pending, highlighting its commitment to enhancing patient care through advanced diagnostic solutions [1][4] - The new patents focus on a multi-sensor patch device platform that can function as both a patch and a watch, allowing for versatile integration in remote patient monitoring [2][3] - The innovations aim to streamline diagnostic processes, enabling simultaneous diagnostic studies, which can significantly reduce delays in diagnosis and expedite treatment for patients [3][4] Company Overview - Biotricity is a Technology-as-a-Service (TaaS) company that specializes in diagnostic and chronic disease management solutions for healthcare providers and consumers [1][5] - The company aims to reform the healthcare market by bridging gaps in remote monitoring and chronic care management, providing comprehensive solutions for both medical and consumer markets [5]
Biotricity Expands IP Portfolio & Strategy with 14 New Patents, Reinforcing Innovation & Leadership in Remote Monitoring, Diagnostics, & Chronic Disease Management
Newsfilter· 2025-03-12 12:15
Core Insights - Biotricity has expanded its intellectual property portfolio with 14 new patents, bringing the total to 15 issued patents and 14 pending, highlighting its commitment to enhancing patient care and diagnostic processes [1][4] - The new patents focus on a multi-sensor patch device platform that can function as both a patch and a watch, allowing for versatile integration in remote patient monitoring [2][3] - The innovations aim to enable simultaneous diagnostic studies, improving efficiency in patient care by reducing the need for multiple appointments and long wait times [3] Company Overview - Biotricity is a Technology-as-a-Service (TaaS) company specializing in diagnostic and chronic disease management solutions for healthcare providers and consumers [1][5] - The company aims to reform the healthcare market by bridging gaps in remote monitoring and chronic care management, providing comprehensive solutions for both medical and consumer markets [5] - The CEO emphasizes the importance of delivering actionable data to healthcare providers to facilitate quicker interventions and improve patient outcomes while also driving revenue through insurance reimbursement [4]