Healthcare is moving towards a self-management and prevention model, fuelled by limited healthcare resources, associated rising costs, and greater consumer awareness of health and lifestyle. The recent Covid-19 pandemic has also highlighted the need for homes to facilitate lower acuity care and for patients to be assessed and advised remotely.
However, current medical technology is primarily designed for professional use in hospitals and is typically too complex and costly for patients to use at home.
An Australian smart wearables startup has developed an innovative medical device platform utilising technology such as proprietary sensors and machine learning algorithms, and chatbots/avatars, and is intuitive to use.
The technologies are weaved into a form of comfortable clothes which can be integrated into users’ daily lives for easy monitoring of health status. The technology platform is particularly suited for use in low care settings such as prohabilitation, rehabilitation and patient compliance.
The startrup is looking for partners from community hospitals/step-down care, hospitals, pet, space, and defence industries.
The smart garment is embedded with sensors which collect data from the wearer comfortably, in a non-invasive manner. The data is then transmitted by Low Energy Bluetooth to a mobile phone app which parses this data through advanced algorithms to provide actionable feedback and alerts to the user. Feedback and coaching advice are also provided via notifications and pre-recorded video snippets.
The data stream collected from patients contribute to the development of analytics to detect early deterioration or potential issues and enables algorithms to learn users’ habits to become more personalized.
This technology has numerous applications including:
In the US, 72% of parents suffer from baby blues and 10-20% suffer from post-natal depression. The infant singlet provides parents with confidence and reassurance and helps reduce cost to families and society by allowing consultations between the families and healthcare system remotely and at the convenience of users.
Remote monitoring of wellbeing also benefits the healthcare system by reducing strain and reliance on hospitals such as reducing or even eliminating the need for follow-up visits.
Value propositions: