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MedTech Outlook | Thursday, September 30, 2021
AppYea, along with SleepX, is developing a solution for people struggling with the problem of snoring.
FREMONT, CA: AppYea is integrating SleepX into the company. According to the model presented on 08/02/2021, the merger should be finished by 12/01/2021. In the meantime, SleepX continues developing and improving its algorithms, with plans to begin manufacturing in 2022. The SleepX device is being designed to offer a one-of-a-kind solution to the nearly 90 million Americans who snore.
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The SleepX solution is being developed in partnership with Ben Gurion University's Biomedical Department in Beer Sheva, and is patent-protected in the United States, the European Union, and Israel.
DreamIT, The night wristband will comprise multiple sensors and a vibration motor that will function with an intensity tuned to the user's reactions in real-time to accustom the user to sleep in the optimal position via biofeedback, thereby reducing or eliminating snoring. Users will be able to obtain vital facts linked to their sleep patterns via an app (Apple and Android) to track over time and spot abnormalities, in addition to lowering snoring and enhancing sleep quality.
The growing awareness of the adverse effects of snoring, the availability and benefits of anti-snoring treatments, the ever-increasing geriatric and obese population, the presence of a large number of cigarette smokers and alcoholics, and a large pool of untapped snoring population are all significant factors driving the sleep apnea market. However, the ineffectiveness of current anti-snoring medicines on the market, the high cost of various anti-snoring medications, and the absence of reimbursement are all crucial factors limiting the market's growth.
“The SleepX approach should not only solve physiological problems for a great many people, but it may also allow many couples to go back to sleeping together," says Bary Molchadsky, SleepX's entrepreneur and CEO.
“The decision to merge with AppYea was made in order to accelerate the start point of production. Lately, we see major players entering the market – Google presented its new Fitbit watch with the possibility to monitor snoring. Amazon presented at the beginning of the year the new Alexa that is supposed to identify sleep apnea. However, we believe that the patent-protected technology underlying the SleepX approach should be accepted in the marketplace.”
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