eSight
- Industry
- Medical Devices & Equipment
- Founded Year
- 2006
- Headquarters
- 1 Eglinton Ave E 401, Toronto, Ontario, M4P 3A1, Canada
- Employee Count
- 70
Key People
- Brian Beardsley - Chief Executive Officer
- Roland Mattern - Director Of Sales And Marketing
- Aaron W. Tutwiler - Director of Sales
- Snigdha Satapathy - Software Engineering Manager
- Julia Lewis - Director Of Strategic Partnerships
- Sam Chang - Head Of Operations
- Conrad Lewis - Founder
Assessment
- Team
-
Aspect: Multiple successful MedTech entrepreneurs
Summary: eSight's leadership team comprises experienced professionals with backgrounds in medical technology and business development.
The presence of multiple successful MedTech entrepreneurs in eSight's leadership team suggests a strong foundation for strategic decision-making and product development.
- Clinical Need
-
Aspect: Very Strong
Summary: eSight addresses a significant unmet need for individuals with visual impairments.
By providing a solution for various visual impairments, eSight meets a critical demand in the assistive technology market.
- Competition
-
Aspect: Somewhat crowded
Summary: The assistive technology market has several players, but eSight's unique offerings provide a competitive edge.
The market's competitive nature requires continuous innovation, which eSight appears to be addressing effectively.
- Technical Challenge
-
Aspect: Moderate
Summary: Developing wearable assistive devices involves moderate technical challenges.
The technical demands of creating effective assistive devices are significant but manageable with the right expertise.
- Patent
-
Aspect: Strong
Summary: eSight holds strong patents protecting its technology.
Strong patent protection ensures eSight's innovations are safeguarded, enhancing its market position.
- Financing
-
Aspect: Well-funded
Summary: eSight has secured substantial funding to support its operations and growth.
Adequate funding enables eSight to invest in research, development, and market expansion.
- Regulatory
-
Aspect: 510k/PMA
Summary: eSight's devices are registered with relevant regulatory bodies.
Meeting regulatory requirements is crucial for product credibility and widespread adoption.
Opportunity Rollup
- Odds of Success
- 3.4
- Peak Market Share
- 4.3
- Segment CAGR
- 5.4%
- Market Segment
- Assistive Technology
- Market Sub Segment
- Wearable Vision Enhancement Devices
| Year Post Launch | Market Penetration (%) |
|---|---|
| 1 | 0.22 |
| 2 | 0.64 |
| 3 | 1.50 |
| 4 | 3.01 |
| 5 | 4.30 |
Key Takeaway
eSight, with its innovative wearable assistive technology and strong leadership, is well-positioned to capitalize on the growing demand for vision enhancement devices.