Wearable Technologies To Manage Diabetes
A leading medical device company, aimed to enhance diabetes management through a prospective real-world data evidence study connected with Stellarix. The client requested a strategic partner scouting initiative to identify, evaluate, and select high-potential partnership opportunities within the wearable diabetes management sector, to advance innovation and enhance collaborative solutions.
Client Background:
The client is a top medical device company
Engagement Objective:
The objective of the study was to conduct a Partner Scouting Search to identify, evaluate, and select potential partnership opportunities to work with in the wearable diabetes management sector. The key objectives of the study were:
- Identification of start-ups working with advanced diabetes management device
- Identification of new innovations and technologies of start-ups working in this domain
- Identification of marketed, prototyped, or underdeveloped solutions by start-ups in the segment and collection of global market-related information
Client Impact:
The study’s insights assisted the client in making several strategic decisions, some of which are outlined below:
- Provided business and bibliographic insights from the patent and non-patent dataset analysis
- Generated insights on the challenges of conventional diabetes care devices and the solutions on which the start-ups are working such as personalized health treatment, artificial intelligence-based-diabetes diagnosis, etc.
- Helped to understand the market strategies, patent activity, and product portfolios of potential partners/ start-ups
