Summary
- Profile Type
- Business Offer
- POD Reference
- BOGB20241002014
- Term of Validity
- 2 October 2024 - 2 October 2025
- Company's Country
- United Kingdom
- Type of partnership
- Supplier agreement
- Investment agreement
- Commercial agreement
- Targeted Countries
- All countries
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General information
- Short Summary
- A UK healthtech company has developed smart electronic products for real-time monitoring of vital signs. Their dual-mode, IoT-connected wearable devices offer fall detection and integrate with a remote healthcare platform for secure patient data management. They seek market expansion and certification support through commercial agreements, partnerships with healthcare providers, distributors, technology partners, and investment agreements with potential investors.
- Full Description
-
A UK-based company offers an innovative telehealth solution combining advanced wearable technology with a cloud-based remote monitoring platform. Specialising in smart electronics and telehealth, the company has developed an IoT wearable device for real-time monitoring of vital signs,. it is very suitable for care homes since no smart phone is needed, the solution sits in a watch (see the Picture, where is the Picture I asked for) and a fall detector is built in.
The device monitors heart rate, body temperature, blood oxygen levels, and blood pressure using built-in sensors. It operates over dual-mode Narrowband IoT (NB-IoT) and LTE-M networks, ensuring reliable, secure data transmission without a smartphone. An SOS alert system sends the user's GPS location to a designated phone in emergencies, enhancing safety for the elderly.
Equipped with fall detection technology, the device provides additional security for those at risk of falling, automatically alerting caregivers or emergency services. All data is transmitted to a cloud-based remote healthcare platform, allowing real-time patient monitoring. The secure cloud platform supports proactive health management and early detection of health issues.
With extensive expertise in telehealth solutions, the company has collaborated with top universities and research institutions, resulting in patents and academic publications. They seek international cooperation with healthcare providers, distributors, and technology partners to validate the product, expand into European markets, and integrate with existing telehealth systems.
These partnerships will ensure scalability, regulatory compliance, and technological adaptation, fostering international growth and advancing telehealth and remote patient monitoring. - Advantages and Innovations
-
The wearable health monitoring device features dual-mode connectivity (NB-IoT/LTE-M) for real-time transmission of vital signs, including heart rate, temperature, blood oxygen levels, and blood pressure, without needing a smartphone. Unlike competitors relying on Bluetooth or smartphone connections, it offers greater mobility and coverage.
Key advantages include:
• SOS alert with GPS: Sends emergency alerts and GPS location to a mobile device.
• Fall detection: Automatically alerts caregivers, essential for elderly care.
• Cloud-based platform: Provides secure, real-time data access for healthcare professionals.
• Long-range cellular coverage: Operates in over 20 countries, suitable for global use.
• Elderly care focus: Designed for social care and care home settings to enhance safety and health management.
Compared to competitors, this device offers better connectivity, enhanced emergency response features, and a scalable cloud platform for easy integration into existing telehealth systems. - Stage of Development
- Already on the market
- Sustainable Development Goals
- Goal 3: Good Health and Well-being
- IPR status
- IPR granted
Partner Sought
- Expected Role of a Partner
-
The UK-based company seeks diverse partnerships to support the deployment, validation, and commercialisation of its innovative IoT wearable health monitoring device and cloud-based healthcare platform. Healthcare providers such as hospitals, clinics, and care homes will play a critical role in real-world validation of the device, focusing on vital signs monitoring, fall detection, and SOS alert functionality. These partners will conduct clinical trials, integrate the wearable into their existing telehealth systems, and provide feedback for improvements. In elderly care settings, the device will enhance health management and emergency response, ensuring safety for vulnerable populations.
Distributors are key to expanding the product’s reach in international markets. They will help navigate regulatory compliance, secure certifications from relevant authorities, and localise the product for specific regions by adapting user interfaces and language settings. Distributors will also identify potential markets and foster relationships with key healthcare institutions to promote adoption. By collaborating with distributors, the company aims to achieve widespread market penetration and ensure the product meets regional requirements.
Technology partners, particularly those in telemedicine and IoT solutions, will focus on integrating the wearable device with existing health management platforms. These partnerships will enable seamless data flow between the wearable, cloud platform, and electronic health record (EHR) systems. Collaborating with technology partners will also support the development of new applications for the device, such as non-invasive blood pressure monitoring, and optimise its IoT connectivity to ensure reliable data transmission in varied network environments. Investors are crucial for scaling production, obtaining regulatory approvals, and continuing research and development. Investment will support mass production, secure medical certifications, and further enhance the device's features. Together, these partnerships will drive global success and improve patient care worldwide. - Type and Size of Partner
- SME 11-49
- SME 50 - 249
- Big company
- Type of partnership
- Supplier agreement
- Investment agreement
- Commercial agreement
Dissemination
- Technology keywords
- 06005001 - Safety & systems
- 06005003 - Health information management
- 06005004 - Remote diagnostics
- Market keywords
- 05007004 - Monitoring equipment
- 05007005 - Hospital and other institutional management
- 05007007 - Other medical/health related (not elsewhere classified)
- Sector Groups Involved
- Health
- Targeted countries
- All countries