"Globes" named EarlySense Ltd., which has developed a contact-less continuous patient monitoring solution for patients’ heart rate, respiration, and movement, as Israel's second most promising start-up. It is a pioneer in a new market, which could reach $5 billion a year, or more. Its monitors are installed in thousands of hospital beds in the US, and it has multifold annual growth, and reportedly has millions of dollars in sales.
EarlySense was founded by Danny Lange and serial start-up entrepreneur Yossi Gross. He originally founded the company to handle asthma, from which a child family member suffered. Child asthmatics are at high risk from nighttime attacks, and doctors advised the child's parents to sleep next to him and listen to his breathing. Lange, an expert in signal analysis, decided to develop a solution for the provision of accurate data.
EarlySense CEO Avner Halperin hopes to achieve $100 million in sales within four years.
Published by Globes [online], Israel business news - www.globes-online.com - on October 25, 2012