⏰ TL;DR (Too Long; Didn't Read)

💡The Idea

• The Increasing prevalence of neurological disorders and stroke in combination with limited access to effective rehabilitation tools for home and clinical use, is overburdening rehabilitation clinics
• Strong Friends develops professional-level smart and connected rehabilitation devices that can be used in both home settings and rehabilitation clinics, including:
• Fave Balance: AI-powered balance training device which connects to smart phones and smart TV to create engaging exercise sessions that can be easily tracked and analyzed
• Fave Walk: A multi-modal AI robotics treadmill system for gait rehabilitation

🥇Benefits

Fave Balance:

• Improves balance and core strength
• Enables home-based rehabilitation
• Gamified experience for increased engagement

Fave Walk:

• Multi-degree of freedom platform for comprehensive gait training
• Self-paced speed treadmill for natural walking patterns
• Multi-sensor analysis system for detailed gait assessment
• AI-powered cloud platform for personalized training prescriptions

💵Business Model

Fave Balance

• Direct sales to consumers through Samsung's official website
• B2B sales to hospitals and rehabilitation centers
• Future plans for subscription-based app services

Fave Walk

• B2B sales to rehabilitation centers and hospitals
• Service revenue from gait analysis (currently 5% of total revenue)

🌎Market data

• The global Orthopedic Rehabilitation Equipment market was valued at $66 billion in 2023 and is expected to reach $121.4 billion by 2031 at an average annual growth rate of 9.1% (source)
• The global Low Speed Rehabilitation Treadmill market size was valued at $2.46 billion in 2023 and is expected to reach $3 billion by 2029 (source)

🚀Status

Fave Balance:

• Commercially available in South Korea
• 15,000 units sold to date
• Samsung Electronics Supply Contract and SMAPP Partnership

Fave Walk:

• Prototype stage
• Clinical validation ongoing with 5 stroke patients and 1 cerebral palsy patient
• Collaborating with National Rehabilitation Center for walking pattern analysis

📋Regulation

• Fave Balance: Consumer product, no specific medical device regulations required
• Fave Walk: in initial process for FDA and EU regulation prior to commercialization

📣Promotional materials

Fave Balance

Fave Walk