Medical Devices

May 2023 - Good News in Digital Health

There’s finally some good news for an industry rocked by hospital bankruptcies, health insurance companies like Bright Health collapsing, and serious questions about the viability of digital therapeutics after the Pear Therapeutics bankruptcy.

Digital health encompasses medical devices that leverage electronic and software technology to provide healthcare solutions. This includes a wide range of technologies such as mobile health applications, wearable devices, telemedicine platforms, electronic health records, and more.

According to CBInsights, Q1’23 is the first quarter since 2021 where digital health funding hasn’t dropped quarter-over-quarter, either in total funding or number of deals. That might not sound like much, but it’s better than the venture economy as a whole where funding fell 13% QoQ. 

Image source: CBInsights

Medical Device Adhesive Patches that Stay Put

Medical Device Adhesive Patches that Stay Put

Skin patch applications are proliferating based on sensor developments and remote monitoring by consumers and medical professionals who want instant information. Skin sensitivity and integration of adhesives into the sensor design will be a continuous challenge. These devices help with patient compliance for better outcomes.

Exceeded Expectations

“Thank you so much for working as superior professionals, and being true friends along the way. With your mindset and ethics for all to win, you all exceeded my expectations. You inspire the entrepreneur with an ability to stay persistent in perfecting designs to meet clinical needs as solid bases to optimize capturing the market. You all went above and beyond without prompting, and it is a pleasure to work with professionals who you can depend on. Your business operations, price structure, mentorship and expertise are exactly what any entrepreneur must have in their corner to succeed. I could not have done it without you all!!!” — Jan Fagan R.N., B.SN., MBA

Full Product Design - Very Responsive

Full Product Design - Very Responsive

“Fusion Design worked closely with Neuralieve. They were provided the initial design model of our product concept and then developed the full package of product design from improving the industrial design and ergonomics to preparing final detailed part prints and problem solving with vendors. They are professional and very responsive.” - Carol Schembri, Vice President of R & D at Neuralieve