Transcription
Hi. I'm Tom Nichols with Pretika MedTech, and with Pretika MedTech, we're merging science with connected technology. We're focused on the wound care category, where we envision with our devices that the future of wound care is both data driven, and technology driven. At LSI '23, Pretika MedTech, we're showing our Connected Wound Care Technology, where we have an embedded device with its own imaging and data sensor analytics. It has its own Wi Fi antenna, its firmware, and hardware, all built within that micro medical technology format, so very small, and its own power supply, so that it can be embedded within acute wound dressings, and chronic wound dressings, to monitor the healing process remotely by clinicians just going to the EHR system and looking at that patient profile, and seeing the imaging and data that our device is sending up into through the cloud into the EHR system. So they can monitor the healing process without having to go and see the patient or bring the patient in an inpatient hospital setting or doctor's office. That's the technology. It's incredible for the patient in terms of comfort, and ease ability. It's great data for the clinicians. But then on the other side, it's a great incentive and cost savings for health care. Our connected wound care technology device incorporates micro medical technology that enables us to combine a battery source, a PCB, illumination through LEDs, autofocus lens, and camera with its own firmware and hardware, and its own Wi Fi six technology and antenna to be able to take images and data sensor analytics of the healing process of the wound and send it via Wi Fi wirelessly through the cloud, where it goes right into the EHR system, right in that patient record. So that clinicians, outpatient nursing teams can monitor whether the patient is impatient still in the hospital, or has been able to be released released early, because they have the modern capabilities with our Connected wound care technology. So they can go home earlier. So this is our technology. And it's very micro technology, very thin, very lightweight, so can constantly be placed within the wound care dressings, both acute and chronic. For incredible monitoring, and data. Incredible for the healthcare industry. What sets are connected Wound Care Technology apart from patient monitoring devices, it's a huge category. From the digital monitoring side, it represents $44.1 billion. And then on the telehealth side, and digital and virtual care side, that's another 54 billion market size. So collectively, you have an incredible market potential here. And what sets our Connected Wound Care Technology apart is that it's embedded. It's the only embedded technology device in wound care dressings covering both acute and chronic diseases, for monitoring the healing process. So it's a significant leap in technology in the wound care category. Connected wound care technology is an embedded device. And yes, it's a wearable remote patient monitoring device, but it's embedded within the wound care dressings. And it's a device that's raised above non invasive the skin. So it's raised above the skin, utilizing medical grade foam to keep it above the wound. So it's placed comfortably in place, and it's thin. So it can allow the patient movement, even the ability to sleep with that device inside and embedded within the wound care dressings. So it has comfort to the patient. But the real significance is its importance to the data of the healing process to the clinicians, and to the healthcare professionals so that they can detect any changes in that healing process to be able to catch it before it gets serious. And with that, that's the great technology and benefits that are connected wound care technology brings to medicine. We have been involved in many industry events within the medical technology area. But this is our first opportunity and to present here at LSI 2023. And it's just a great fit for our technology.
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