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Power digital health innovation with Constellation.OS, your tailored innovation operating system. Built to connect healthcare providers, innovators, and buyers in your specialty, Constellation.OS gives you a branded private community with powerful tools to manage startup accelerators, challenge competitions, group purchasing, and more, driving collaboration and digital health solution adoption for your stakeholders.

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Constellation communities connect key stakeholders in digital health through exclusive networks, fostering innovation and collaboration among healthcare providers and innovators. With capabilities for managing accelerators, challenge competitions, innovation initiatives, and more, Constellation communities empower you to drive the adoption of innovative solutions for today’s challenges and the future of healthcare.

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How a Parkinson's Watch Expanded to Support SaMD/DTx Offerings

Case study
A novel digital health company partnered with Decimal.health to identify a use for their Parkinson's watch in the U.S. market and develop a plan for increased customer reach and acquisition
CAPABILITIES
Strategy, Market Entry
INDUSTRY
Neurology, SaMD, DTx
CLIENT
Startup

AT GLANCE

The Story

An international digital health tech organization offers a novel Remote Patient Monitoring watch that tracks biomarkers for Parkinson’s disease patients. They experienced hurdles in gaining adoption in the U.S. market and were looking for additional avenues to utilize their FDA-approved device.

The Ask

The client consulted Decimal.health to identify a beachhead use case for their novel Parkinson’s disease wearable. They aimed to reach a goal of $25M in revenue within 5 years post-launch in the U.S. market and were open to device modification and adjustment to better fit the ideal business model.

THE APPROACH

To identify an ideal route to market, we initially created a journey map of Parkinson’s disease and identified stages of Parkinson’s where the wearable provided the highest utility. Afterward, we determined the ideal target users and care settings for this digital MedTech company. Some options included health systems, clinics, medical device companies, and pharma companies.

Following the market analysis, we interviewed expert stakeholders to determine the need for the product, the feasibility of launch in the applicable care setting, and the likelihood of reaching client goals. With a thorough understanding of these factors, we were able to recommend an ideal use case and care setting that matched market and client needs.

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RESULTS

From our recommendation, the client decided to pursue a SaMD classification for their medical wearable with the goal of eventually becoming a DTx platform. We saw great potential in their device to work complementary with pharmaceutical drugs and become a treatment adjacent digital therapeutic. We are currently working with this company to selectively target partnering pharma companies for their device.

THE TEAM

Kamal Jethwani
KAMAL JETHWANI, MD, MPH MANAGING PARTNER AND CEO
Vini Metha
MANASVINI MEHTA ASSOCIATE PARTNER, STRATEGY PRACTICE

SCHEDULE A MEETING WITH AN EXPERT

 Ready to innovate? Decimal Health is standing by to assist with your next Digital Health venture.