Augmented reality ophthalmology software company for sale
- Revenue: < 1 million EUR
- Employees: < 10
- Location: Europe
- Reason for sale: The owners want to grow the company in Europe, therefore are looking to talk to interested investors
- #CFIE ITS524
Overview of the augmented reality ophthalmology software company in Europe for sale
This company runs an innovative solution that helps people with a reduced field of view to have more clarity and space orientation. The team develops specific software that offers devices powerful visual features. The company is quite young and has a lot of potential for growth. The team is formed of experts who have extensive experience in fields such as computer and industrial engineering, developing industrial products, quality assurance, ophthalmology, scientific advice, therapy and rehabilitation advice, medical, etc. The company registers up to 1 million euros in revenue and has promising prospects. The owners are thinking of various ways to grow the business and are considering selling a part of the shares (a majority or totally) to a potential investor or buyer that has the necessary means to take the firm to the next level. A suitable buyer could be an IT company with products for the medical field. In this way, the buyer could enlarge its portfolio of products and could grow its operations with new solutions. After the sale, the owners would like to continue for a few years to share know-how and optimize the continuity of the company. Any parties that are interested in this augmented reality ophthalmology software company for sale are invited to contact the CFIE team for more details.
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Profile (strategy) of the augmented reality ophthalmology software company in Europe for sale
The company has been in the market for around 3 years and managed to launch a product with great ophthalmological features. The revolutionary device uses augmented reality to improve the life of people with low vision. It is about electronic smart glasses that increase patients’ autonomy and allow them to have more freedom and mobility in unknown environments. The clinical trials for the target pathologies demonstrated the ophthalmology solution meets the levels of the visual condition necessary for satisfactory use. Some of the low-vision diseases addressed are retinitis pigmentosa, diabetic retinopathy, AMD (age-related macular degeneration), and glaucoma. The product is an innovative visual rehabilitation system to be used by ophthalmologists and opticians. It is based on several patents and has received multiple certifications and awards for excellence.
The business model has two options. One is for B2B professionals such as optical shops and ophthalmological centers. The other option is the standard version which is targeted at patients such as children with eye disorders or other people with low vision diseases. Both options generate recurrent fixed income (monthly subscriptions to the platform). However, the product is not sold directly to patients on the web but is offered only through a specialist that can customize it in order to suit the patient’s specific needs. The system is configured and works using a tablet connected to the smart glasses through Bluetooth. The specialist sets the image according to the remaining vision of the patient. At the same time, the patient’s visual capabilities are tested enabling treatment to be prescribed.
Activities and services of the augmented reality ophthalmology software company in Europe for sale
The company develops AR smart solutions that improve the quality of life and autonomy of people with low vision deficiencies. The solutions enable patients to extend their visual field, illuminate dark areas and improve orientation by anticipating obstacles and dangers.
Highlights of the augmented reality ophthalmology software company in Europe for sale
- The company develops augmented reality ophthalmology software solutions
- The solutions enable a low-vision person to improve orientation, quality of life, and autonomy
- The owners are looking to talk with potential investors that are interested in growing the business in Europe
More information on this augmented reality ophthalmology software company in Europe for sale
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