SELVAS Healthcare

What SELVAS Healthcare does

SELVAS Healthcare (셀바스헬스케어) is a KOSDAQ-listed (ticker 208370) South Korean medical device and assistive technology company founded in 1993 (originally as Parama-Tech Korea, later Jawon Medical) and operating under its current name since 2016 following its merger with HIMS International. The company operates two principal product brands: ACCUNIQ, which manufactures multi-frequency bioelectrical impedance body composition analyzers (BC series) and automatic oscillometric blood pressure monitors (BP series) for hospitals, medical facilities, fitness centers, and retail; and HIMS, which produces Braille notetakers, low-vision magnifiers, OCR/Daisy players, and AI-powered assistive devices for blind and visually impaired users. A third business line, Selvas Invision, is a joint venture with UltraSight developing AI-powered cardiac ultrasound certified as a Korean digital medical device in 2025. SELVAS Healthcare also distributes OrCam MyEye AI vision devices in Korea through its HIMS channel.

The company's core technology spans proprietary multi-frequency bioelectrical impedance analysis, domestically produced active-responsive Braille cells with capacitive ART (Active Responsive Touch) sensing (TRL 9, 3 million+ actuation durability tested), and — most distinctively — the world's first on-device Google Gemini Nano integration combined with cloud Vertex AI, embedded in the BrailleSense 7 terminal launched in April 2026. It holds US FDA approval (since 2006), ISO/IEC 27001:2022 and ISO/IEC 27701:2019 certifications (2024), and operates wholly-owned subsidiaries in the US (Austin), China (Beijing), and Japan. The HIMS brand is the first Korean manufacturer of Braille information terminals and holds the #1 market position domestically, while ACCUNIQ holds the #1 blood pressure monitor market share in Korea.

SELVAS Healthcare's business model is primarily hardware sales through direct B2B channels, complemented by subscription-based cloud services (ACCUNIQ Connect, BP Connect) and an exclusive OEM supply partnership with Australia's EVOLT (EVOLT 360), which routes product into approximately 2,800 Anytime Fitness locations and other global gym chains. Pricing is quote-based and not publicly disclosed. The company is a subsidiary of SELVAS AI Inc. (KOSDAQ 108860), which supplies AI software and data-processing capabilities integrated into SELVAS Healthcare's hardware. Recent strategic activity (2023–2026) has been substantial: a 341 billion KRW rights offering in 2023, the Selvas Invision JV and Mediana acquisition in 2023, the EVOLT strategic investment in January 2026, and the BrailleSense 7 / ART technology launches in early 2026 — pointing to an active expansion strategy across adjacent digital health, AI diagnostics, and global markets.

Name

SELVAS Healthcare

Legal name

주식회사 셀바스헬스케어 (SELVAS Healthcare Co., Ltd.)

Website

https://selvashealthcare.com

Company type

Public

Founded year

1993

Operating status

Operating

Headcount range

101–250 employees

Short description

SELVAS Healthcare is a KOSDAQ-listed South Korean medical device and assistive technology company operating the ACCUNIQ brand (body composition analyzers, blood pressure monitors) for hospitals and fitness centers, the HIMS brand (Braille notetakers, magnifiers, AI-powered assistive devices) for visually impaired users, and the Selvas Invision joint venture for AI cardiac ultrasound.

Ownership category

akta.pro rank

Product category

Medical Devices and Digital Healthcare

NAICS

Electromedical and Electrotherapeutic Apparatus Manufacturing (334510), Navigational, Measuring, Electromedical, and Control Instruments Manufacturing (3345)

SIC

Electromedical & Electrotherapeutic Apparatus (3845), Surgical & Medical Instruments & Apparatus (3841)

akta.pro primary industry

Connected Medical Devices & Wearables (Sensors, Patches, Implantables) (HLACAPAB)

akta.pro secondary industries

Vision Assistive Technology (Screen Readers, Braille, Magnification) (EDAKAIAF), Low Vision & Assistive Vision Devices (Magnifiers, Electronic Video Magnifiers, Wearable Vision Aids) (HLAHAJAN)

Keywords

• Medical device manufacturing
• Body composition analyzers
• Blood pressure monitors
• Assistive technology devices
• Braille notetakers

Headquarters

HQ city

Geumgok

HQ country

South Korea

HQ region

Asia

Offices4 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Personnel, Technology or R&D, Operations, Marketing or Sales, Infrastructure

Revenue model

1. Medical Device Hardware Sales: Sale of ACCUNIQ brand body composition analyzers and automatic blood pressure monitors to hospitals, medical facilities, fitness centers, nursing homes, and retail locations globally.
2. Assistive Technology Device Sales: Sale of HIMS brand Braille notetakers, magnifiers, and Daisy players to visually impaired individuals, schools for the blind, and institutions.
3. Subscription Services (ACCUNIQ Connect, BP Connect): Cloud-connected services for ACCUNIQ devices enabling data synchronization and personalized health monitoring through mobile applications.
4. OEM/Private Label Supply: OEM supply of body composition analyzers to partners such as Australian company EVOLT for their EVOLT 360 product line.

Pricing tiers

Go-to-market motion1 record

Distribution channels5 records

Marketing channels4 records

Core offering

SELVAS Healthcare manufactures and sells medical devices (ACCUNIQ brand body composition analyzers and automatic blood pressure monitors) and assistive technology devices (HIMS brand Braille notetakers, magnifiers, Daisy players, and AI-powered accessibility tools) for healthcare facilities, fitness chains, and visually impaired individuals globally. The company combines proprietary hardware engineering with software and AI data processing capabilities from its parent SELVAS AI to deliver clinically validated diagnostic instruments and accessible computing devices.

Product overview

SELVAS Healthcare operates two main product sub-brands — ACCUNIQ and HIMS — and a new AI-driven business line through its Selvas Invision joint venture. ACCUNIQ (formerly Jawon Medical) provides body composition analyzers (ACCUNIQ BC series: BC390, BC380, BC380 PLUS, BC720, BC300, BC310) and automatic blood pressure monitors (ACCUNIQ BP series: BP500, BP600, BP850, BP250, BP210) for healthcare and fitness professionals. HIMS provides assistive technology for the visually impaired including Braille notetakers (BrailleSense 7/Hansone 7 with Google Gemini AI, BrailleSense 6, BrailleSense 6 MINI, BrailleSense U2, Braille eMotion, QBraille XL), low vision magnifiers (GoVision Pro, SenseView Vision Pro, SenseView Vision, MagniLink, Candy6), Daisy players/voice readers (SensePlayer OCR, Bookmaru 3, Bookmaru 2 OCR ET), and the OrCam MyEye AI vision device. The company also develops braille translation software (점사랑/JjeSang), and through Selvas Invision, AI-powered cardiac ultrasound solutions. Products are sold in global markets including hospitals, fitness chains, schools for the blind, and retail.

Differentiator

Problem solved

Functional benefit

Brands

• ACCUNIQ: Digital healthcare brand offering body composition analyzers and automatic blood pressure monitors for healthcare and fitness professionals
• HIMS
• BrailleSense
• 한소네 (Hansone)
• SELVAS Invison (셀바스인비전)

Products and services

• ACCUNIQ BC390 Body Composition Analyzer Smart healthcare body composition analyzer for lifelong health management, measuring body fat, muscle mass, and other composition metrics for fitness and medical professionals.
• ACCUNIQ BC380 Body Composition Analyzer Body composition analyzer capable of measuring body composition by body part and evaluating the body's water balance for targeted health analysis.
• ACCUNIQ BC380 PLUS Body Composition Analyzer Multi-frequency impedance body composition analyzer capable of phase angle measurement, enabling more precise assessment of cellular health and fluid balance.
• ACCUNIQ BC720 Professional Body Composition Analyzer Professional-grade body composition analyzer using 6-frequency measurement for segmental body part analysis, extracellular water ratio analysis, and phase angle measurement.
• ACCUNIQ BC300 Portable Body Composition Analyzer Portable and foldable body composition analyzer with a dedicated hard case, designed for easy mobility and quick setup at different locations.
• ACCUNIQ BC310 Portable Body Composition Analyzer Portable body composition analyzer for convenient health monitoring outside clinical settings.
• ACCUNIQ BP500 Blood Pressure Monitor Blood pressure monitor with excellent visibility and high measurement accuracy for clinical and professional healthcare use.
• ACCUNIQ BP600 Automatic Blood Pressure Monitor Automatic blood pressure monitor with a bright large-screen LCD display offering excellent visibility and high measurement accuracy.
• ACCUNIQ BP850 Dual-Arm Blood Pressure Monitor Blood pressure monitor capable of measuring both arms simultaneously and comparing blood pressure differences between left and right arms in a single measurement.
• ACCUNIQ BP250 Blood Pressure Monitor Blood pressure monitor where measurement results can be checked via QR code scan as well as on the LCD screen and printed result sheet.
• ACCUNIQ BP210 Universal Blood Pressure Monitor Universal blood pressure monitor designed for easy use by inexperienced users, with simple one-touch measurement and printer output capability.
• BrailleSense 7 (Hansone 7) Braille Notetaker World's first Braille terminal with on-device Google Gemini AI integration, featuring the in-house developed Active Responsive Touch (ART) braille display and won the iF Design Award 2026. Three models for educational and office environments.
• Braille eMotion 40-Cell Braille Display Multi-media 40-cell braille display providing new dimensions of braille connectivity and innovation, designed for blind and visually impaired users.
• BrailleSense 6 (Hansone 6) Braille Notetaker 6th generation 32-cell Braille notetaker running Android OS, enabling blind users to take notes, access information, and use applications.
• BrailleSense 6 MINI (Hansone 6 MINI) Braille Notetaker Compact 20-cell Braille notetaker running Android 12, providing portable braille access for blind and visually impaired users.
• QBraille XL Braille Display Braille display device that allows users to write in Braille and command the device via QWERTY keys, with function keys and special keys intuitively arranged around the braille keyboard.
• GoVision Pro OCR Magnifier 24-inch full-page OCR magnifier for low vision users, combining document magnification with optical character recognition capabilities.
• SensePlayer OCR Multimedia Player Accessible, portable multimedia player with OCR capabilities and unique extras for blind and visually impaired users.
• Bookmaru 3 (책마루3) Voice Reader / Daisy Player / OCR Reader Portable device combining OCR, Daisy player, and voice reading functions for visually impaired users.
• JjeSang (점사랑) Braille Translation Software Braille translation software developed by SELVAS Healthcare in collaboration with the National Institute of the Korean Language, enabling easier Braille translation for visually impaired users.
• OrCam MyEye AI Vision Device (Korean distribution) AI artificial vision device supporting text reading aloud, face recognition, product and banknote recognition, color identification, and time checking for blind and visually impaired users. Distributed by HIMS in Korea.
• Selvas Invision Cardiac Ultrasound AI Digital Medical Device AI-powered cardiac ultrasound solution developed through the Selvas Invision joint venture with UltraSight, certified as a digital medical device for AI-assisted cardiac ultrasound imaging and interpretation.
• ACCUNIQ Connect Cloud Subscription Service Cloud-connected subscription service for ACCUNIQ devices enabling data synchronization and personalized health monitoring through mobile applications.
• BP Connect Cloud Subscription Service Cloud-connected subscription service for ACCUNIQ BP monitors enabling data synchronization and personalized health monitoring through mobile applications.

Quantifiable outcome

• 6,500+ EVOLT 360 body composition analyzers installed globally across 51 countries
• +4 more outcomes

Named customers10 records

Segments4 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration4 records

AI capability9 records

Feature4 records

Partnerships

13 partnerships are on record, tiered core and minor.

• GooglecoreTechnology or Integration · 4 April 2026Integration of Google Gemini AI (both cloud Vertex AI and on-device Gemini Nano) into BrailleSense 7, the world's first Braille terminal with on-device Google Gemini AI integration. Google provided direct support for integrating AI solutions into the Braille terminal platform.
• Soldoc (솔닥)minorStrategic or Co-development Partner · 25 June 2025Business agreement for digital healthcare-based remote health management solutions combining Soldoc's platform with SELVAS Healthcare's medical devices.
• Handok (한독)minorChannel Partner/ Reseller/ Distributor · 1 April 2024Distribution partnership for automatic electronic blood pressure monitors (2 products). Handok distributes ACCUNIQ BP monitors in Korean market.
• Chungnam National University HospitalminorStrategic or Co-development Partner · 30 November 2023Joint research collaboration in healthcare field for new technology development combining hospital expertise with SELVAS Healthcare's medical device and AI capabilities.
• Mediana Co., Ltd. (메디아나)minorStrategic or Co-development Partner · 20 November 2023Acquisition of hospital medical device company Mediana by SELVAS AI and SELVAS Healthcare. Expands product portfolio in hospital medical devices sector.
• Korea Ministry of National DefenseminorStrategic or Co-development Partner · 27 October 2023AI solution supply for smart medical system project. AI-powered solutions for emergency medical care and telemedicine applications in military healthcare.
• Doctor Specialists Indonesia (닥터스페셜리스쿠)minorChannel Partner/ Reseller/ Distributor · 19 October 2023Strategic partnership for AI telemedicine business in Indonesian market. Distribution and implementation partner for AI remote healthcare solutions.
• India Siloam HospitalminorStrategic or Co-development Partner · 20 September 2023AI telemedicine business cooperation partnership for remote healthcare services in India.
• UltraSight (울트라사이트)coreStrategic or Co-development Partner · 23 May 2023Joint venture (SelvasInvision) established for AI cardiac ultrasound solutions. SELVAS Healthcare acquired equity stake in UltraSight and partnered for FDA approval and market expansion of AI-powered cardiac ultrasound technology in Korea.
• SELVAS AI Inc.coreStrategic or Co-development Partner · 23 May 2023Parent company partnership for AI technology integration. SELVAS AI provides software and artificial intelligence data processing technologies that are combined with SELVAS Healthcare's hardware development capabilities.
• HIMS International Co., Ltd.coreStrategic or Co-development Partner · 8 May 2023Merged company providing assistive technology for visually impaired. HIMS brand products include Braille notetakers, magnifiers, and Daisy players. First company to manufacture Braille information instruments in Korea.
• EVOLT (이볼트)coreOEM/ Whitelabel/ Licensing Partner · 27 April 2023Exclusive supply partnership for body composition analyzers. SELVAS Healthcare develops and supplies OEM products (EVOLT 360) to EVOLT, deployed across 51 countries in major fitness chains. Strategic investment to strengthen partnership and global market expansion.
• OrCam (올캠)minorChannel Partner/ Reseller/ Distributor · 1 January 2020Domestic distribution agreement for OrCam AI visual assistance devices for visually impaired in Korea.

Scale indicators11 records

Recent moves9 records

Expansion highlights6 records

Broad incumbents

• GE HealthCare: Large incumbent medical device and imaging company; broad portfolio overlaps with ACCUNIQ medical devices and the Selvas Invision AI cardiac ultrasound initiative.
• Philips Healthcare: Global medical technology incumbent offering patient monitoring and connected health solutions; broad overlap with ACCUNIQ's vital signs/body composition portfolio.

Emerging players

• Withings: Consumer health device maker (smart scales, BP monitors, sleep) that overlaps with ACCUNIQ in connected health monitoring but targets consumer rather than professional channels.
• AliveCor: AI-powered cardiac monitoring (KardiaMobile ECG) company overlapping with the AI-driven cardiac diagnostics direction signaled by the Selvas Invision JV.
• UltraSight: Israel/US-based AI cardiac ultrasound company that is SELVAS Healthcare's JV partner in Selvas Invision; a partial-overlap peer in AI-enabled cardiac imaging.

Direct peers

• InBody: South Korea-based global leader in bioelectrical impedance body composition analyzers, directly competing with ACCUNIQ in healthcare facilities, fitness centers, and professional medical markets worldwide.
• Omron Healthcare: Global leader in blood pressure monitors and home health devices, directly competing with ACCUNIQ BP series in clinical and consumer BP monitoring markets.
• Tanita: Japan-based manufacturer of body composition monitors and professional BIA analyzers, a direct competitor to ACCUNIQ in medical/fitness body composition devices across global markets.
• HumanWare: Canada-based assistive technology company producing Braille notetakers, displays, and magnifiers for visually impaired users, directly competing with HIMS BrailleSense product line.
• Freedom Scientific (Vispero): US-based assistive technology provider (JAWS screen reader, Focus Braille displays) competing with HIMS in screen readers and Braille hardware for visually impaired users.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/selvas-healthcare-inc.

Compliance4 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Subsidiaries5 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about SELVAS Healthcare