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Medasense Biometrics is a medical device company that develops a continuous and non-invasive pain-monitoring device.
Business Opportunity
The assessment of a patient’s pain level is critical to ensure the effectiveness of on-going care. Various studies suggest that using valid and reliable pain-monitoring systems can minimize the use of sedative and analgesic drugs; decrease the patient’s recovery time, lessen the risk of side effects, and reduce direct and indirect costs. Currently,...
Technology
Medasense develops a pain-monitoring system, an innovative, patent-pending platform technology for automated and continuous assessment of a patient’s pain level. Medasense’s solution is based on a non-invasive acquisition of multiple patients’ physiological signals acquired from a unique finger probe.The physiological data is analyzed by algorithms...
Market
The world-wide addressable market for pain monitoring is approximately $3.3 billion dollars (capital and disposables) annually. Considering the declaration of new pain management standards (“pain is the fifth vital sign”), the increasing awareness of pain monitoring, and increasing consumption of medical services by the aging population in develope...
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