Resonea Inc.

Industry
Health Care
Founded Year
2016
Headquarters
Scottsdale, Arizona
Employee Count
25

Key People

Assessment

Team
Aspect: First-time 10+ yrs
Summary: Experienced leadership with over a decade in health tech.

The leadership team at Resonea Inc. comprises individuals with over ten years of experience in the health technology sector, providing a solid foundation for the company's operations and strategic direction.

Clinical Need
Aspect: Very Strong
Summary: High demand for accessible sleep apnea diagnostics.

With sleep apnea affecting millions and being underdiagnosed, Resonea's smartphone-based diagnostic tool meets a critical need for accessible and affordable sleep health solutions.

Competition
Aspect: Somewhat crowded
Summary: Several players in sleep diagnostics, but unique mobile approach.

The sleep diagnostics market includes multiple competitors; however, Resonea's mobile-based solution offers a unique value proposition that differentiates it from traditional methods.

Technical Challenge
Aspect: Predictable
Summary: Technology is mature with manageable development risks.

The development of smartphone-based diagnostic tools is based on existing technologies, making the technical challenges predictable and manageable for Resonea.

Patent
Aspect: Strong
Summary: Robust patent portfolio protecting core technology.

Resonea holds a strong patent portfolio that safeguards its proprietary technology, offering a competitive edge in the market.

Financing
Aspect: Medium
Summary: Adequate funding with potential for future investment.

While Resonea has secured initial funding, further investment may be necessary to scale operations and fully capitalize on market opportunities.

Regulatory
Aspect: 510k/PMA
Summary: FDA clearance achieved, facilitating market entry.

Obtaining FDA clearance for the DROWZLE device in 2019 has enabled Resonea to enter the market with a validated and approved product.

Opportunity Rollup

Odds of Success
3.95
Peak Market Share
5.3
Segment CAGR
2.9%
Market Segment
Diagnostic Imaging
Market Sub Segment
Sleep Apnea Diagnostics
Year Post Launch Market Penetration (%)
1 0.27
2 0.80
3 1.86
4 3.71
5 5.30

Key Takeaway

Resonea Inc. offers a unique mobile-based solution addressing a significant unmet need in sleep apnea diagnostics, positioning it favorably in a growing market despite competitive challenges.