MedWand Solutions
- Company typePrivate
- Founded2015
- HeadquartersLas Vegas, United States
- Headcount11–50
- GTM typeB2B
- OfferingHardware or Manufacturing
MedWand Solutions firmographics
Firmographics- Name
- MedWand Solutions
- Legal name
- MedWand Solutions Inc.
- Website
- https://medwand.com
- Company type
- Private
- Founded year
- 2015
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Ownership category
- akta.pro rank
MedWand Solutions industry classification
Industry- Product category
- Telehealth Medical Devices
- NAICS
- Electromedical and Electrotherapeutic Apparatus Manufacturing (334510), Surgical and Medical Instrument Manufacturing (339112), Navigational, Measuring, Electromedical, and Control Instruments Manufacturing (33451)
- SIC
- Surgical & Medical Instruments & Apparatus (3841), Electromedical & Electrotherapeutic Apparatus (3845), Services-Health Services (8000)
- akta.pro primary industry
- Clinical-Grade Vital Signs Monitoring (ECG, SpO2, BP, Temp, Respiration) (HLACAPAI)
- akta.pro secondary industries
- Connected Medical Devices & Wearables (Sensors, Patches, Implantables) (HLACAPAB), Medical Device Connectivity & Interoperability Middleware (MDI, EHR/HL7/FHIR Integration) (HLACAPAJ), Remote Diagnostics & Point-of-Care (Connected Testing, Home Lab Devices) (HLACAPAK), Medical-Grade Device Connectivity & Device Management (MDM) (HLACAFAG), Remote Diagnostics & Home Testing Devices (Connected POC/At-Home Diagnostic Readers) (HLAHACAL)
Keywords
Where MedWand Solutions is headquartered
LocationHeadquarters
- HQ city
- Las Vegas
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
MedWand Solutions business model
Business model- GTM type
- B2B
- Offering type
- Hardware or Manufacturing
- Cost components
- Technology or R&D, Supply Chain, Personnel, Marketing or Sales, Operations
Revenue model
- Hardware Device Sales: Sale of FDA-cleared MedWand multi-sensor hardware device for clinical-grade remote patient examinations
- VirtualCare Telemedicine Platform Subscription: Software platform subscription for telemedicine services with examination capabilities, likely recurring subscription model
- API and Developer Services: Access to MedWand API and developer suite for enterprise software integration
- Standalone KIOSK Software Package: Turnkey deployment solution allowing immediate telehealth deployment without EHR integration
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Annual | Enterprise sales with custom pricing based on deployment needs |
Go-to-market motion1 record
Distribution channels1 record
Marketing channels5 records
MedWand Solutions product offering
Product offeringCore offering
MedWand Solutions designs, manufactures, and sells an FDA 510(k) cleared multi-sensor medical device that captures 10+ clinical-grade vitals (heart and lung sounds, HD imaging, ECG, temperature, SpO2, blood pressure, glucometer readings, spirometry, etc.) and pairs it with the MedWand VirtualCare telemedicine platform. Together, the hardware-and-software bundle enables clinicians to conduct full remote physical examinations on patients over cellular or WiFi networks and integrate the resulting data into existing EHR systems.
Product overview
MedWand Solutions offers a unified telehealth platform consisting of two integrated components: the MedWand Multi-Sensor Device, an FDA 510(k) cleared hardware device that captures 10+ clinical-grade biometrics, and the MedWand VirtualCare Telemedicine Platform, a software solution that enables remote clinical consultations. Together they form a comprehensive at-home diagnostic and telehealth platform for performing full physical exams remotely, treating patients in place and reducing unnecessary clinic visits or hospitalizations.
Differentiator
Problem solved
Functional benefit
Brands
- MedWand VirtualCare: Telemedicine platform that enables virtual house calls and remote clinics, providing comprehensive remote examination and consultation capabilities.
Products and services
- MedWand Multi-Sensor Device FDA 510(k) cleared multi-sensor medical device that captures 10+ clinical-grade vitals including heart and lung sounds, HD imaging, blood pressure, pulse rate, SpO2, temperature, glucometer readings, weight, height, spirometry, pain levels, and ECG. Used by clinicians and patients to perform comprehensive remote physical examinations via cellular or WiFi networks.
- MedWand VirtualCare Telemedicine Platform Software platform that transforms audio or video conferencing into comprehensive virtual house calls and remote clinics. Integrates with existing EHR and Patient Management software, supports CMS interoperability rules, and powers both real-time and asynchronous patient assessment workflows. Includes a REST API for enterprise integration.
- MedWand REST API and Developer Suite REST API and developer resources enabling third-party enterprise software systems to communicate with vitals data collected by the MedWand device and other Bluetooth-connected devices. Documentation available at api.medwand.cloud. Supports EHR and patient management system integration.
Quantifiable outcome
- Fewer transfers, readmissions, and staffing efficiency
- +4 more outcomes
Companies that use MedWand Solutions
Customer profileNamed customers3 records
Segments4 records
Ideal customer profiles2 records
MedWand Solutions technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- Yes
- API docs
- API detail
Core technology
AI maturity
App detail
Integration2 records
Feature5 records
MedWand Solutions partnerships and signals
Strategic signalPartnerships
Four partnerships are on record, tiered core and minor.
- Kitmeechai Trading CompanycorePartnership to bring MedWand remote examination technology to rural Chiang Rai Province, Thailand. Trained nurses at village clinics use MedWand to perform clinical-grade physicals, capturing vitals, heart and lung sounds, and otoscope images. Reduces unnecessary patient transfers and expedites diagnoses.
- TruMeritcorePartnership with TruMerit and Society for Family Health Rwanda to reshape primary healthcare in Rwanda through MedWand's Rural Health Transformation Program.
- Society for Family Health RwandacorePartnership to transform rural healthcare delivery in Rwanda using MedWand multi-sensor vitals capture device and VirtualCare platform.
- Gateway Rehabilitation CenterminorPilot implementation of MedWand telehealth technology across two extended care residential programs in Pittsburgh, Pennsylvania.
Scale indicators3 records
Recent moves6 records
Expansion highlights5 records
MedWand Solutions competitors and assessment
Company assessmentDirect peers
- Eko Health: Eko Health builds digital stethoscopes and AI-powered cardiopulmonary tools integrated into telehealth workflows, overlapping with MedWand's heart/lung sound capture and remote exam positioning.
- AliveCor: AliveCor's KardiaMobile is an FDA-cleared personal ECG device used in remote cardiac monitoring and telehealth, competing with MedWand on the ECG/vital-signs capture segment of remote exams.
- Caregility: Caregility offers a telehealth platform purpose-built for inpatient and care-site virtual nursing programs, overlapping with MedWand's 'Care Site' segment and post-discharge transitional care use cases.
- TytoCare: TytoCare is the most direct competitor, offering a FDA-cleared handheld remote examination device plus telehealth platform that mirrors MedWand's multi-sensor, multi-vitals approach for virtual care.
- Vivify Health: Vivify Health provides connected care and remote patient monitoring platforms that integrate with Bluetooth peripherals and EHRs, directly competing with MedWand's VirtualCare platform for chronic and post-acute care.
- AMD Global Telemedicine: AMD Global Telemedicine supplies telemedicine carts, peripherals and software for clinical-grade remote examinations, serving many of the same rural, clinic and care-site use cases as MedWand.
Emerging players
- Biofourmis: Biofourmis combines wearable biosensors with AI-driven remote monitoring for chronic and post-acute care, competing with MedWand on the analytics-enabled RPM layer but from a software/wearables angle rather than a multi-sensor device.
- Withings Health Solutions: Withings Health Solutions offers connected RPM devices (BP monitors, scales, sleep) integrated with clinician platforms, partially overlapping with MedWand's Bluetooth-connected vitals capture ecosystem.
Broad incumbents
- Philips (Population Health / Remote Patient Monitoring): Philips offers enterprise telehealth, RPM, and care-site solutions as part of a broad Connected Care portfolio, competing with MedWand for health system and care-site contracts but as one product line within a much larger business.
- GE HealthCare: GE HealthCare provides enterprise hospital monitoring, telehealth, and patient management solutions, with overlapping capabilities to MedWand for inpatient telemetry and virtual care deployments at health systems.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat4 records
Key risks6 records
Key highlights6 records
Customer concentration
MedWand Solutions social profiles
Digital presenceMedWand Solutions compliance and trust
Trust signalCompliance1 record
MedWand Solutions financial estimates
Financial estimateRevenue estimate
Valuation estimate
MedWand Solutions leadership team
Management profileNumber of profiles
Profiles5 records
MedWand Solutions funding detail
Funding detailFunding overview
Funding rounds2 records
Investors1 record
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
MedWand Solutions M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about MedWand Solutions
What does MedWand Solutions do?
MedWand Solutions designs, manufactures, and sells an FDA 510(k) cleared multi-sensor medical device that captures 10+ clinical-grade vitals (heart and lung sounds, HD imaging, ECG, temperature, SpO2, blood pressure, glucometer readings, spirometry, etc.) and pairs it with the MedWand VirtualCare telemedicine platform. Together, the hardware-and-software bundle enables clinicians to conduct full remote physical examinations on patients over cellular or WiFi networks and integrate the resulting data into existing EHR systems.
Is MedWand Solutions a public or private company?
MedWand Solutions is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was MedWand Solutions founded?
MedWand Solutions was founded in 2015. It employs 11 to 50 people.
Where is MedWand Solutions based?
MedWand Solutions is headquartered in Las Vegas, United States, in the North America region.
How does MedWand Solutions make money?
Four revenue lines are on record. Hardware Device Sales are the primary driver. The others are virtualCare Telemedicine Platform Subscription, API and Developer Services and standalone KIOSK Software Package.
Who are MedWand Solutions's main competitors?
Direct peers on record are Eko Health, AliveCor, Caregility, TytoCare, Vivify Health and AMD Global Telemedicine. Emerging players are Biofourmis and Withings Health Solutions. Broad incumbents are Philips (Population Health / Remote Patient Monitoring) and GE HealthCare.
Does MedWand Solutions have an API?
Yes. MedWand VirtualCare REST API enables communication between enterprise software systems and vitals data collected by the MedWand VirtualCare Telemedicine platform using the MedWand device and other Bluetooth-connected devices such as Blood Pressure monitors, Glucometers, Weight Scales through the Mobile MedWand VirtualCare Client App. The API provides pre-built resources for EHR integration. Developer documentation is at api.medwand.cloud.
What industry is MedWand Solutions in?
MedWand Solutions's product category is Telehealth Medical Devices. Its primary akta.pro industry code is HLACAPAI, Clinical-Grade Vital Signs Monitoring (ECG, SpO2, BP, Temp, Respiration), with a secondary code of HLACAPAB, Connected Medical Devices & Wearables (Sensors, Patches, Implantables). Its NAICS code is 334510 and its SIC code is 3841.