Vibrant Ltd.
- Industry
- Therapeutic Devices
- Founded Year
- 2007
- Headquarters
- Yokneam Illit, Israel
- Employee Count
- 0
Key People
- Lior Ben-Tsur - CEO
Assessment
- Team
-
Aspect: First-time 10+ yrs
Summary: The leadership team, led by CEO Lior Ben-Tsur, has over a decade of experience in the MedTech industry.
A leadership team with over 10 years of experience in the MedTech sector brings valuable industry knowledge and networks, enhancing the company's potential for success.
- Clinical Need
-
Aspect: Very Strong
Summary: Chronic idiopathic constipation is a prevalent condition with limited effective treatments, indicating a strong clinical need.
The high prevalence of chronic idiopathic constipation and the lack of effective treatments create a substantial market opportunity for innovative solutions like Vibrant's vibrating capsule.
- Competition
-
Aspect: Somewhat crowded
Summary: The market has several players offering treatments for constipation, but Vibrant's non-drug approach differentiates it.
The presence of multiple competitors in the constipation treatment market poses challenges; however, Vibrant's innovative non-drug solution offers a unique value proposition.
- Technical Challenge
-
Aspect: Moderate
Summary: Developing a vibrating capsule involves moderate technical challenges, including ensuring safety and efficacy.
The development of a vibrating capsule requires addressing technical aspects such as device miniaturization, biocompatibility, and consistent performance, which are moderately challenging but feasible.
- Patent
-
Aspect: Strong
Summary: Vibrant holds a strong patent portfolio with 72 granted patents and 27 pending applications.
Holding a substantial number of granted and pending patents strengthens Vibrant's intellectual property position, offering protection against competitors and potential for licensing opportunities.
- Financing
-
Aspect: Medium
Summary: Vibrant has raised $7.5 million in funding, indicating moderate financial backing.
While the $7.5 million funding provides a foundation, further investment may be necessary to support large-scale manufacturing, marketing efforts, and regulatory approvals.
- Regulatory
-
Aspect: 510k/PMA
Summary: Vibrant has received FDA marketing authorization for its vibrating capsule.
Obtaining FDA marketing authorization is a significant milestone, indicating that the product meets safety and efficacy standards, thereby enabling commercialization in the U.S. market.
Opportunity Rollup
- Odds of Success
- 3.85
- Peak Market Share
- 5.2
- Segment CAGR
- 5.9%
- Market Segment
- Therapeutic Devices
- Market Sub Segment
- Gastrointestinal Devices
Year Post Launch | Market Penetration (%) |
---|---|
1 | 0.26 |
2 | 0.78 |
3 | 1.82 |
4 | 3.64 |
5 | 5.20 |
Key Takeaway
Vibrant Ltd. offers an innovative, non-drug solution for chronic idiopathic constipation, addressing a significant clinical need with a strong patent portfolio and FDA authorization, positioning it well in a growing market segment.