Smart Bandage : Our product offering is in the space of IOT targetting patients with chronic wounds (increasing in occurrence at the rate of 7-10% per year - currently 39 billion spent annually ), with the aim to improve their quality of life and simultaneously ease the burden on the health system. The disposable, low-cost initiative allows for wireless monitoring of wound site in real time; sending early warnings to remote medical staff in case of infection, bleeding, pressure variation and changes in other variables; as well as drug administration, if required.
It is unique, and presently without a counterpart in the world. The lab-testing stage has been successfully cleared and considering the ever-increasing market size and the dire need for the product, we are planning to launch it in Canada at the earliest. With the innovation’s unveiling, we foresee a momentous shift in the way chronic wounds in particular and post-surgical wounds in general, are being handled. The disposable, low cost, tech-solution is mass producible, and bound to positively impact health care systems world-wide