Wellteq Digital Health Inc announced the launch of the Beta version of HealthHub, an internet of medical things (IoMT) platform for distributed virtual care deployments.
HealthHub connects, manages, and monitors both standardized medical and non-medical devices for a completely integrated IoMT and IoT intelligent edge solution, which Wellteq said allows for control of any standardized commercial, industrial, residential, or medical smart device.
The full commercial version is targeted for release later this year, Wellteq told investors in a statement.
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The HealthHub was specifically designed for the transition from centralized to distributed health deployments across enterprise health, clinic, pharmacy and for remote patient locations, according to the Vancouver-based digital health firm.
Wellteq also plans to offer its baseline B2B virtual care platform integrating the wellteq HealthHub, wellteq Clinical Vitals Wearable and the wellteq Virtual Care Coaching APP shortly.
Healthub’s launch comes at a time when estimates suggest the IoMT market will grow from $30.8 billion in 2021 to $187.60 billion in 2028. Annual digital health spending is projected to reach $660 billion by 2025, according to McKinsey.
"We are excited to initiate Wellteq's entry into virtual care with a uniquely robust and truly one-of-kind solution,” CEO Scott Montgomery said in a statement.
“It has taken some time and a lot of effort, and we are proud to be the first company to launch an IoMT specific solution like the HealthHub that has been designed from scratch to facilitate the digital transition to virtual care for patients around the world."
Wellteq Digital Health is a global provider of personalized digital health and wellness solutions across the continuum of care.
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