Singapore-based mostly start-up EloCare is hoping To Search out knowledge-pushed options To deal with this situation.
Dr Tan Thiam Chye, EloCare’s medical adviser, said tright here are presently not many well being tech options Dealing with menopause.
So Regardless of The very Incontrovertible actuality that about three-quarters Of women will expertise signs Similar to scorching flushes and Evening time sweats, many Might be not Aware of these indicators.
The start-up’s purpose is To reinforce the evaluation, detection and monitoring of the signs of menopause.
The agency has been awarded a seed grant by Singapore Health Utilized sciences Consortium (HealthTec) – a platform for enterprise and academia to collaborate on know-how Which will rework well being and wellness.
The funding will assist assist EloCare’s enchancment of an algorithm to decide the signs of menopause.
The purpose is To assist “completely differentiate between (menopause) signs and completely different noises”, said Ms Mabel Nguyen, co-founder and CEO of EloCare.
“So we Make constructive that In case You are having these scorching flushes, it’s not Because you are feeling scorching. Everytime You’ve some sleep disruption, It is As a Outcome of of menopause and it’s not As a Outcome of of one factor else,” she added.
Having such knowledge empowers women To know their our bodies greater and to make educated selections on well beingcare options, all of Which Could have A quick-time period and prolonged-time period influence on well being outcomes.
“Menopause Might be so disruptive to A woman’s well being. The signs can final for yrs. And past the brief-time period signs Which will have an effect on their life, their well being and their work productiveness, their relationship and household environment,” said Ms Nguyen.
Femtech start-ups have raised Higher than US$1 billion this yr, Higher than 10 occasions the US$98 million raised in 2011, Based on PitchBook, which provides private & public capital market knowledge.
It’s anticipated that income from the femtech sector will attain US$1.1 billion by 2024, with annual projected progress of 12.9 per cent, said Frost and Sullivan.
Singapore is the femtech hub of the area – with Higher than half of the femtech corporations in Southeast Asia based mostly right here.
Growing to the area will Embrace A mannequin new set of challenges – and alternatives.
Ease Healthcare has its eye on this market, understanding that the ache factors it is making an try To deal with in Singapore, Similar to comfort, accessibility And worth, are comparable In lots of completely different Asian markets.
On The identical time, co-founder Ms Lazaro acknowledges that such private well being subjects are delicate. She says companies like theirs Want to regulate to completely different expectations and cultural norms, and adapt their language and advertising accordingly.