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Neofect

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Neofect - Healthcare showcase

Year Founded & Workforce

2010

200 Employees

Industry

Healthcare

Services

Smart Rehab Solution
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Neofect Overview

Company Headquarters: California, US

Founded: 2010

Workforce: ~50-200

Company Working: Neofect develops innovative smart rehabilitation solutions to help patients with neurological and musculoskeletal injuries. Neofect utilizes portable, lightweight, and affordable equipment to perform training exercises. Its smart rehabilitation solutions are designed to allow therapy training through games. The company offers clinically proven rehab programs customized to each patient for a faster recovery.

Neofect smart rehabilitation solutions are developed by utilizing clinical evidence, which provides optimal therapies for each patient on the basis of proprietary algorithms and clinical data. It also reflects the patient’s personal motivation to maximize their rehabilitation training. Neofect was awarded the VirtualTech award and MedTech Breakthrough award for its Smart Board for Home NextGen. It is a gamified rehabilitation device for stroke patients to be used at home.

Strategy

Neofect utilizes artificial intelligence to construct a rehabilitation paradigm that inspires hope for patients in need of rehab. The company aims to help patients all around the world, including, but not limited to, those unable to receive appropriate treatment due to economic or geographic reasons. Its goal is to keep patients motivated and eager to accelerate their recovery.

Company Snapshot

200

Employees

2010

Founded

California, US

Headquarters

SWOT Analysis

Strengths

  • Diverse product portfolio in rehabilitation solutions
  • Recognized with awards

Weaknesses

  • Limited regional presence

Opportunities

  • Growth opportunities by acquisitions and partnerships

Threats

  • Intense competition
  • Stringent regulatory policies

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Key Developments

DateApproachDevelopment
April 2018New Product LaunchNeofect launched digital cognitive rehabilitation therapy, RAPAEL ComCog, in the US. RAPAEL ComCog cognitive rehabilitation program, the software, which is already available in South Korea, enhances memory and response and seeks to prevent cognitive decline through games.
April 2018New Product LaunchNeofect launched Smart Pegboard, a digital pegboard for functional and cognitive rehabilitation.
May 2017New Product LaunchNeofect launched Smart Board, a medical device that is accessible to any patient with issues in functional movements due to damage in shoulder or elbow joints to improve the functional arm reaching ability.
November 2016ExpansionNeofect established the European office in Munich, Germany.
October 2016New Product LaunchNeofect launched Neofect Smart Kids, a rehabilitation training tool utilizing cutting edge sensors for children with developmental disabilities related to central nervous system disorders and muscular, nervous system complications.

Product Offering

  • Neofect
    • Smart Rehab Solution

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