The Connected Health Market is Booming, with eSteps Leading the Way
The connected health market is experiencing rapid growth, driven by an aging population and increasing demand for personalized health solutions. According to Statista, the market is expected to surge by over 60% by 2025, reaching approximately €78 billion.
At the forefront of this revolution is eSteps, a startup that aims to transform the diagnosis and treatment of neurodegenerative diseases with its intelligent insole. The insole collects data on the user's movements and gait, which is then analyzed by a mobile application to provide personalized insights. This innovative technology also has applications for athletes and fitness enthusiasts.
With its cutting-edge technology, eSteps is poised to become a major player in the connected health market. The company has already established strategic partnerships with key players in the US and European healthcare sectors.
eSteps was born out of university research conducted by Nidhal Louhichi at the University of Bologna in Italy, which evolved into a startup in 2020. The company later relocated its headquarters to Boston in March 2022, positioning itself at the heart of the global digital health hub. Since then, eSteps has received support from EXOR Ventures and 216 Capital. EXOR Ventures brought its strategic vision for the healthcare sector, while 216 Capital facilitated eSteps' expansion into North Africa, particularly in Tunisia.
Dhekra Khelifi, Partner at 216 Capital, which invested in eSteps' early stages, highlights the startup's significant contribution to digital health and mobility solutions: "We believe in eSteps' transformative potential. Our investment in eSteps is motivated by their commitment to using advanced technologies to improve patient outcomes, empower healthcare professionals, and ultimately enhance the quality of life for many people. eSteps' vision aligns with our mission to support revolutionary breakthroughs that address critical health challenges and promote a healthier future for all."
eSteps aims to become the global leader in connected health for people with neurodegenerative diseases. The company plans to develop new products and services, such as mobile applications and data platforms, to offer a comprehensive connected health experience to its users.
