Shape Medical Systems

Shape Medical Systems

Shape Medical Systems - A New Vital Sign. Learn more

Launch date
Employees
Market cap
-
Enterprise valuation
AUD51—77m (Dealroom.co estimates Jun 2012.)
Saint Paul Minnesota (HQ)
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DateInvestorsAmountRound
N/A

$8.3m

Early VC
Total FundingAUD12.8m

Recent News about Shape Medical Systems

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Shape Med Systems operates in the medical technology sector, focusing on providing innovative diagnostic solutions for heart failure. The company's flagship product, Shape HF, is a portable and easy-to-use device that offers a clear, evidence-based view of systemic heart failure physiology directly in the physician's office. This tool aids in diagnosing the sources of exertional dyspnea (difficulty in breathing during exercise) and exercise intolerance, which are common symptoms in heart failure patients. By providing real-time, actionable data, Shape HF helps physicians make informed decisions regarding the medical management of heart failure and other dyspneic (shortness of breath) conditions.

Shape Med Systems primarily serves healthcare providers, including cardiologists and general practitioners, who require accurate and timely diagnostic information to manage their patients effectively. The company operates within the broader healthcare and medical device market, which is characterized by a high demand for advanced diagnostic tools that can improve patient outcomes and streamline clinical workflows.

The business model of Shape Med Systems revolves around the sale of its Shape HF device to medical institutions and healthcare providers. Additionally, the company may generate revenue through service contracts, maintenance agreements, and potentially through data analytics services that offer deeper insights into patient health trends.

Keywords: heart failure, diagnostic tool, exertional dyspnea, exercise intolerance, medical management, portable device, healthcare providers, cardiologists, real-time data, medical technology.

Tech stack

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