Japanese medical device firm Omron has announced that it has acquired the Dutch remote patient monitoring company, Luscii Healthtech, which has developed a care-at-home platform already used in approximately 70% of Dutch hospitals.
The acquisition gives Omron greater access to the European primary care market, taking advantage of the Luscii virtual ward platform, able to monitor more than 150 diseases, including chronic hypertensive, cardiovascular, and respiratory diseases.
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GlobalData’s Medical Device Intelligence Centre reports the remote patient monitoring market will reach $760m by 2030, up from $548.90m in 2020, with a compound annual growth rate of 3.3%. Much of this growth was propelled by the use of telehealth services over the Covid-19 pandemic which saw widespread adoption of the technology.
Luscii says that its virtual ward platform has found success across a number of trials including an 81% reduction in unplanned admissions for heart failure patients, a 79% reduction in ultrasound examinations and admissions for gestational hypertension patients, and a 51% reduction in costs for living with patients with chronic obstructive pulmonary disease (COPD).
At the same time, the Dutch software firm has expanded its reach to other countries in Europe including a market presence in the UK and Germany, with services catered towards assisting public healthcare bodies.
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“Luscii’s Vision, ‘creating space for care,’ aligns seamlessly with Omron’s objectives. It’s been our dream for every patient to get the attention they deserve,” said Prof. Daan Dohmen, CEO and founder of Luscii. “Benefiting from Omron’s global network, we can expand faster and realise our ambition even faster.”
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By GlobalDataAndre van Gils, senior general manager for Omron Healthcare, said: “Omron Healthcare is committed to developing life-saving cardiovascular health technologies in pursuit of our Going for Zero vision. As part of our long-term vision, we commit to expanding the business to digital health services, this acquisition is another significant contribution to that objective, and we will continue to advance digital healthcare and work together to save lives.”
Elsewhere in the field of virtual wards and remote monitoring French engineering firm Dassault Systèmes has created a virtual twin of a Parisian dialysis ward in a bid to better understand how respiratory infections travel across hospitals.
