Articulate Labs

Description

• Articulate Labs is a medical device company that has developed a knee rehabilitation device (for rehab related to osteoarthritis and knee replacement) that uses mobile and monitoring technology to potentially improve patient outcomes and reduce medical expenses. Currently, over 30M in the US show radiographic signs of knee OA. OA prevalence is rising rapidly in the U.S. due to aging and obesity, with estimates of 40M+ knee OA sufferers in the US by 2025. OA is the leading indication for joint replacement, and thus the main reason for ~850K knee replacements and revisions in 2012 (avg. cost = ~$50K) and it is estimated that 2M knee replacements will occur in 2020.Poor quadriceps strength negatively impacts outcomes from knee replacement and knee osteoarthritis rehab, collectively a $15B/yr market. Cost pressures on insurance companies have led to drastically limited number of reimbursed PT sessions for patients, creating a need for improved outpatient rehab alternatives. Additionally, physicians and hospitals are searching for lower cost rehab alternatives that improve patients outcomes.KneeStim seeks to address these needs by using neuromuscular electrical stimulation to facilitate contraction of quadriceps muscles in synchrony with movement, turning each step into a muscle-building repetition. Personalization occurs through use of motion-tracking hardware, user/provider input, and an on-board real-time operating system. Collected patient data can be used to help avoid millions in expenses due to poor outcomes and surgical revisions.This device has not yet been cleared by the FDA for marketing, and all above statements are prospective.
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  Headquarters:1910 Pacific Ave , Dallas, Texas, United States

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  Phone Number: +1 512-366-3063

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  Website: https://www.articulatelabs.com

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  Employees:8

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  Revenue:$1 - 10M

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  Legal Name:Articulate Labs

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• |  NAICS Code: 621111  |

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