20230301 Gravity congratulates Belun on obtaining the FDA 510(k) Clearence
Congratulations to Belun Technology to received FDA 510(k) clearance (K-document: K222579) from the US Food and Drug Administration (FDA) for its Belun Sleep System as the World’s First wearable ring for obstructive sleep apnea (OSA) using AI. Belun Sleep Platform, which is comfortable and easy to use, is believed to speed up the diagnosis of 936 million worldwide with moderate to severe OSA1. It may result in massive savings on medical expenditures for chronic disease management of the aging population.
Worldwide obesity epidemic & the aging population
The sedentary lifestyle of people has led to an increasing prevalence of cardiovascular disease, poor sleep patterns, evaluated stress & obesity. OSA is common in patients with high BMI. Therefore, the worldwide obesity epidemic and the aging population demographic will likely contribute to the rising global prevalence of OSA. According to the World Economic Forum, 1 in 3 adults worldwide will suffer from 2 or more chronic conditions, leading to annual healthcare costs with an 80-300% increment2. World Health Organization estimates a projected 10 million health workers shortfall by 20303. Researchers predicted demand for healthcare workers will increase to 80 million by 2030, but supply will only reach 65 million, creating a healthcare worker deficit of 15 million. The anticipated shortage requires some immediate actions, or access to primary healthcare would be at risk.
To read the detail introduction of Belun Ring, pls visit the official link: [HERE]
About Belun
Belun is a data technology company headquartered in Hong Kong with Preventive Healthcare Solutions powered by billions of health fingerprints and proprietary AI algorithms collected from global research in the US, Hong Kong, Singapore & Taiwan. Their medical-grade wearables & AI solutions for screening sleep health can evaluate treatment effectiveness for patients with chronic disease & predict health risks. For more information, please refer to the official website [LINK]
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About Gravity Capital Partners Company Limited
Gravity was founded in 2020 in Hong Kong. It is a passionate initiative to drive impact through investment and management. By nurturing local impact businesses while creating synergy with different stakeholders, Gravity strives to build a better impact ecosystem in Hong Kong.
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