Nine million elderly Americans experience chronic falls, often leading to hip fractures and, occasionally, to death. Treatment currently only occurs after a fall, as there is no widely available way to diagnose poor balance in the elderly.
IShoe plans to manufacture free-standing and mobile devices that detect balance deterioration, allowing those at risk to receive treatment to correct balance problems before a life-threatening fall.
The team’s product will be an affordable bathroom scale that calculates weight and body mass index and allows users to track balance changes over time. After that, iShoe plans to expand into shoes and insoles.
“We hold three patents, have won the Lunar Ventures Business Plan Competition and are in the finals of two others, and have a working prototype,” says COO Amit Garg. “IShoe has been endorsed by the American Association of Retired People (AARP) and called one of the top 20 ‘Biotech Breakthroughs that will Change Medicine’ by Popular Mechanics.”
*NBT=Next Big Thing
Photo by Associated Press.