HOCOMA RECOGNIZED AS ONE OF THE MAJOR PLAYERS IN WEARABLE HEALTHCARE MARKET
7th October 2014
7th October 2014
Volketswil near Zurich, Switzerland, October 7, 2014 – Wearable technology, such as Valedo, a sensor based back pain therapy device by the Swiss medical technology company Hocoma, is supporting the “quantify self” movement that measures and monitors the human body. With sensors to promote back training, the Valedo offers therapeutic exercises to improve movement awareness, fine muscle control and spinal stability that are entertaining and motivating. According to the latest Soreon Research Report, such wearable mobile devices are disrupting and revolutionizing the traditional healthcare industry.
Hocoma was set up in 2000, as a spin-off of the Swiss University Hospital Balgrist. The company currently employs more than 170 people at its headquarters in Volketswil near Zurich (Switzerland) and at its subsidiaries in the USA, Singapore and Slovenia. Hocoma is the global market leader for the development, manufacturing and marketing of robotic and sensorbased devices for functional movement therapy. Therapy solutions support the treatment of neurological patients with movement disorders caused by stroke, spinal cord injury, traumatic brain injury, multiple sclerosis, cerebral palsy or other neurological diseases and injuries as well low back pain patients. The product range features devices for intensive gait therapy (Lokomat®), functional therapy of the upper extremities (Armeo®), early rehabilitation and patient mobilization (Erigo®) as well as functional movement therapy within low back pain treatment (Valedo®) at home and at the therapist. Hocoma products are applied successfully in clinics and research institutes worldwide. The medical technology company has received many technology and entrepreneur awards, amongst others the “Swiss Technology Award” and the “Ernst&Young Entrepreneur of the Year” award. Hocoma generated a turnover of more than 30 million CHF in 2013. Dr. Gery Colombo is the CEO of Hocoma AG.
2 Smart wearable healthcare systems can determine the health situation or detect diseases/medical issues in individual patients. Even the slightest deterioration or improvement of a certain condition can be recorded, monitored and used to trigger medical interventions.