Chronic pain impacts over 770 million people.[4]
That means, you — or someone you know lives with chronic pain.

It might be your grandfather. It might be your favorite aunt. It might be your next door neighbor.
You’re watching them struggle with pain day in and day out, and your hands are tied.

You care.

You’ve tried to help.

But the reality is that the system is too impersonal and just not working. And when your loved one is treated like a number, instead of like a person, you can’t help but wonder…

What if there was a better way?

And what if there was something you could do to fight the impersonal system and help your grandmother live pain free?

Pain is personal. The solution should be too.

The mission at Healables: Create personalized solutions for pain relief and performance.

ElectroGear Wellness Product Line for sports performance and recovery

Our first product line is called ElectroGear, a wearable bioelectric device to personalize performance and recovery for
athletes and the rest of us.

ElectroGear is a system for Physical Therapists, coaches, trainers and other physical practitioners to make more money in less time, as it helps people recover faster.

The ElectroGear system includes:

Healables Medical Product Line for pain relief and inflammation reduction

Healables is our product line currently in development. Our aim is to deliver a wearable medical device that leverages AI to personalize and accelerate bioelectric healing, inflammation reduction and pain relief.

We are combining 3 technologies to build something uniquely special.

1. e-textiles → for comfort and convenience
2. Wearable bioelectric health device → for treating and tracking
3. Smart, Data driven app → for AI, personalization and precision health

We want to make pain management

So your grandfather or childhood friend has easy, affordable, and individualized access to the care that he needs.

Healables products integrate microcurrent technology. Microcurrent has been studied to enhance cell function in over 175 published papers. The goal of this CrowdFunding campaign is to bring this technology to you.

Comfortably. Conveniently. Cost effectively.

Why we chose to integrate microcurrent technology into our wearables.

“More than 175 published studies show the beneficial effects of microcurrent technology.

Throughout my medical career, I have treated over 20,000 patients with various kinds of pain and diseases of the brain, nerves, bones, joints, and muscles.

The speed with which microcurrent reduces inflammation of joints, bursa, and tendons is remarkable. I have seen chronic intractable joint pain and bone bruising resolve with very few treatments.”

– Dr. Andrew David Shiller, Harvard trained pain rehab specialist

Initial results

Pain Relief In 64 users

88% of users showed significant pain relief. Additionally, the pain relief was often accompanied by the improved functional activity of the tissues affected.[7]

The Healables system shows potential to Address Musculoskeletal issues

During user testing of the device, users reported improvements in Musculoskeletal conditions and relief in Musculoskeletal pain issues. These include the elbow, forearm, wrist, hand, knee, shoulder or upper or lower back.

The Healables system shows potential to Address Inflammatory issues.

During user testing of the device, users reported improvements in Inflammatory conditions and relief in Inflammatory pain issues. These include Fibromyalgia, Diabetic Neuropathy, Migraine, Respiratory and COPD.

And we feel that’s a good case for Healables.

Recovery in 1 day instead of 4

Sports Recovery Time without using ElectroGear

Source: Data from Dr. Michael April, which was also presented at the E-Textiles 2023 Conference, November 2023, Ghent University, Ghent, Belgium. [28]

This gray line represents the baseline sports recovery time without using ElectroGear. The purple line represents the accelerated sports recovery time when using ElectroGear.

AI & Patented Technology

With 41 patents granted and pending to date, Healables may be developing the most advanced wearable technology for the pain relief and sports performance [7b] markets.

Now it’s time to get the data and build the AI layer. AI offers unique potential for products today but legacy systems struggle to take advantage of what AI offers. The Healables system, in contrast, has been designed from the start to leverage the power of AI.

You could help us grow our data and train our AI models.

Help Healables put AI at the center of pain management

Where is Healables at now?

Join us in our mission to continue fighting the impersonal health system.

Together, we may help more people access pain relief that targets the root — not the symptom.

More than a device

Healables is a platform technology made to be used in many industries

The goal of the device is to:

In addition to Fibromyalgia, the Healables product is being developed to address Diabetic neuropathy, Osteoarthritis and Chronic lower back pain.

Other industries and verticals

Help us get these products to more people

Global partners

Olympic Athlete Training Institute “Wingate” is piloting the product, starting with their swimmers.

Healables is a proud graduate of the Intel Ignite accelerator, the Hadassah accelerator powered by IBM Alpha Zone and the Mass Challenge accelerator.

Leading automotive companies from German and Korea have each signed an NDA to explore integration of Healables tech in their vehicles.

Sheba Medical Center (one of the top 10 hospitals in the world) has signed a Letter of Intent to conduct a clinical trial with Healables to treat Fibromyalgia.

We have attracted attention from well known brands around the world.

The question is, have we attracted yours?

Meet the team with solid experience in taking a company from formation to exit.

Moshe Lebowitz | Co-Founder

Moshe is a visionary who believes that we all have a responsibility to solve today’s biggest health challenges. He has previously served as UI/UX Designer, Product Manager and CEO and has been named a 2023 top technology influencer in Israel by the nation’s largest daily circular newspaper, Israel Hayom.

Moshe uses his rabbinic training to solve business problems differently and innovates through the creative integration of technology together with new inventions. He practices Hasidic meditation and is trained in craniosacral therapy and Chinese medicine.

Dr. George Lowell | Chief Scientific Officer

Dr. George H. Lowell has served on both the Scientific Advisory Board and the Board of Directors of Scinai, formerly BiondVax. Previously, he founded and managed Intellivax, a vaccines R&D company that was acquired by ID Biomedical which was later acquired by GSK Biologicals where he then served as Chief Scientific Officer for BioDefense.

He retired from the US Army as a Colonel. He has initiated numerous clinical studies and clinical trials for FDA Approval. His academic posts include Visiting Scientist at Weizmann and Visiting Professor, Hebrew University Hadassah Medical Center. Dr. Lowell is an early angel investor in Healables and serves on the BoD.

Dr. Andrew Shiller, MD| Chief Medical Officer

Dr. Andrew David Shiller, MD Chief Medical Officer. Dr. Shiller earned his MD at Duke University’s School of Medicine, continuing at Harvard Medical School, with double residency training in Internal Medicine & Physical Medicine & Rehab.

He completed fellowship training in Integrative Medicine at University of Maryland Center for Complementary Medicine Research. He studied & practiced natural healing and stress-reduction, along with nutrition, hands-on healing, movement therapy & mind/body awareness.

Ziv Ritchie | BSEE – CTO

Ziv Ritchie trained in Electrical Engineering at the Jerusalem College of Technology. He studied Reality Therapy at the William Glasser Institute and helped Professor Joshua Ritchie, MD found and manage the Refuah Institute, the leading provider of Torah-based coach training in the world.

Ziv combines his technological knowledge and development skills with his psychological training to develop the Healables digital health coaching app and oversee the development and production of Healables electroceutical devices and textiles.

Yasha Harari | CMO

Yasha Harari is a marketing professional, having worked with a vast range of world class products and services. He has led marketing and driven record results for a variety of top B2B, B2C and B2B2C firms in the areas of medical devices, tech, gaming, FinTech, retail brands, trade associations, consumer goods, publishers, advertising companies, and many more, around the world.

Yasha is responsible for pioneering significant Internet marketing gold standards used by people worldwide since decades.

People have used Healables tech in research cases

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Market size

$6.6T: Total Addressable Market (TAM) — Long-Range Market Opportunities: The Total Addressable Market (TAM) is the entire potential market that a company could possibly reach with its products and services

The wellness market is estimated at $6.06 Trillion [2][9] covering things like public health, personalized medicine, mental wellness, and more.

$150B[18]: Serviceable Addressable Market (SAM) — Near-Term Primary Market Focus: The Serviceable Addressable Market (SAM) is the part of the total addressable market that can actually be reached.

In 2023, the global pain relief market is expected to be around $87 billion, [17] up from $79.68 billion in 2021 (4.5%CAGR).
The global market for physiotherapy equipment is projected to be $21 billion [16] up from $79.68 billion in 2021 (4.5%CAGR). [16] in 2022 (6.95% CAGR).
The global personal fitness trainer market is expected to reach $42 billion [18] in 2023, up from $39.7 billion[18] in 2022 (4.8% CAGR).

This means that there is a huge market and it’s growing fast.

Go-to-Market Strategy: Healables ElectroGear wellness product will target sales towards physiotherapists and personal trainers in a B2B approach.

$1B: Serviceable Obtainable Market (SOM) & Earlyvangelists (EVG) — The Big Opportunity: The Serviceable Obtainable Market or Share of Market (SOM), represents the portion of the SAM that can be realistically captured and served. Earlyvangelist is a concept that mixes, “early” and “evangelist,” and means early adopter of a product or service.

A $1B SOM & EVG represents about 0.67% of the $150 billion wellness market and 0.18% of the $536 billion [19] medical device market in 2023.

Wellness, Sports and Fitness Market

These numbers show that the sports fitness market is large and growing.

Medical market

We anticipate our markets will expand due to aging, increased sports activity, and rising chronic conditions.

Our specialized medical product, featuring custom conductive textiles, is being developed for several markets:

Diabetic neuropathy's market was $3.9 billion in 2022, expected to hit $6.6 billion in 2030. [23]
Osteoarthritis therapy market was $7.9 billion in 2022, projected to be $15.8 billion in 2030. [24]
Fibromyalgia's treatment market was $3.15 billion in 2022, projected at $3.8 billion in 2028. [25]
Chronic lower back pain treatment market was $7.9 billion in 2022, expected to reach $12.4 billion in 2031. [26]

These numbers show that the medical market is large and growing.

Statistically, a company that captures one tenth of one percent of a Trillion Dollar market will be a billion dollar company.

Updates

Updated information will be posted in this section

References

1 = Science Daily, 100 million Americans live with chronic pain, but treatment research is insufficient, Indiana University, Jan. 13, 2015, Science Daily, https://www.sciencedaily.com/releases/2015/01/150113121206.htm

2 = Prescient & Strategic Intelligence, Chronic Pain Treatment Market Research Report https://www.psmarketresearch.com/market-analysis/chronic-pain-treatment-market

3 = World’s Best Hospitals 2021, Newsweek, https://www.newsweek.com/best-hospitals-2021/israel

4 = Statista, Wellness 2020 market $4.4T, https://www.statista.com/topics/1336/wellness-and-spa/#topicOverview

5 = The Global Burden Of Chronic Pain, Tracy P. Jackson, M.D.; Victoria Sutton Stabile, B.A.; K.A. Kelly McQueen, M.D., M.P.H. ASA Newsletter June 2014, Vol. 78, 24–27. https://pubs.asahq.org/monitor/article-abstract/78/6/24/3059/The-Global-Burden-Of-Chronic-Pain?redirectedFrom=fulltext

5a = Chronic Pain Among Adults — United States, 2019–2021, S. Michaela Rikard, PhD1; Andrea E. Strahan, PhD1; Kristine M. Schmit, MD1; Gery P. Guy Jr., PhD1, April 14, 2023, CDC, https://www.cdc.gov/mmwr/volumes/72/wr/mm7215a1.htm#:~:text=Discussion,%25%20in%202016%20(5)

6 = 31 Chronic Pain Statistics: US & Global Prevalence, LAURA SMITH, Associate Editorial Manager, https://www.thegoodbody.com/chronic-pain-statistics/

6a = Prescribing Opioids for Pain — The New CDC Clinical Practice Guideline, Deborah Dowell, M.D., M.P.H., Kathleen R. Ragan, M.S.P.H., Christopher M. Jones, Pharm.D., Dr.P.H., Grant T. Baldwin, Ph.D., M.P.H., and Roger Chou, M.D., New England Journal of Medicine (NEJM), https://www.nejm.org/doi/full/10.1056/NEJMp2211040

6b = CDC Clinical Practice Guideline for Prescribing Opioids for Pain — United States, 2022, Deborah Dowell, M.D., M.P.H., Kathleen R. Ragan, M.S.P.H., Christopher M. Jones, Pharm.D., Dr.P.H., Grant T. Baldwin, Ph.D., M.P.H., and Roger Chou, M.D., National Institutes of Health (NIH), National Library of Medicine, National Center for Biotechnology Information, https://www.ncbi.nlm.nih.gov/pmc/articles/PMC9639433/

6c = NOPAIN Act, Voices For Non Opioid Choices, https://nonopioidchoices.org/nopain-act/

6d = New Persistent Opioid Use After Minor and Major Surgical Procedures in US Adults, National Institutes of Health (NIH), National Library of Medicine, National Center for Biotechnology Information, https://pubmed.ncbi.nlm.nih.gov/28403427/

6e = Overdose Deaths Accelerating During COVID-19, Center for Disease Control and Prevention, https://www.cdc.gov/media/releases/2020/p1218-overdose-deaths-covid-19.html

7 = Healables compendium, Dr. Shiller, Dr. Ehrenberg, Dr. Lowell, Healables internal data

7b = The Six Reasons The Fitness Industry Is Booming, Forbes, https://www.forbes.com/sites/benmidgley/2018/09/26/the-six-reasons-the-fitness-industry-is-booming/?sh=7625abaa506d

8 = Pain Management Devices Market, Grand View Research, https://www.grandviewresearch.com/industry-analysis/pain-management-devices-market

8a – Pain Management Devices Market Size, Share & Trends Analysis Report By Product (RFA, Neurostimulation), By Application (Neuropathic Pain, Cancer), By Region (APAC, North America), And Segment Forecasts, 2022 – 2030, https://www.grandviewresearch.com/press-release/global-connected-health-wellness-devices-market

9 = Statista, Wellness and Spa, https://www.statista.com/topics/1336/wellness-and-spa/#topicOverview

10= S.586 – NOPAIN Act, Sponsor: Sen. Capito, Shelley Moore [R-WV] (Introduced 03/04/2021), https://www.congress.gov/bill/117th-congress/senate-bill/586/text

11 = H.R.3259 – NOPAIN Act, Sponsor: Rep. Sewell, Terri A. [D-AL-7] (Introduced 05/14/2021), https://www.congress.gov/bill/117th-congress/house-bill/3259/text?format=txt

12 = IN CASE YOU MISSED IT:CAPITO’S NO PAIN ACT TO ADDRESS OPIOID CRISIS SIGNED INTO LAW, U.S. Senator Shelley Moore Capito (R-W.Va.), https://www.capito.senate.gov/news/press-releases/in-case-you-missed-itcapitos-no-pain-act-to-address-opioid-crisis-signed-into-law

12b = Sports Medicine Market Size to Reach USD 10270 Million by 2027 at a CAGR of 7.5% | Valuates Reports PR Newswire, https://www.prnewswire.com/news-releases/sports-medicine-market-size-to-reach-usd-10270-million-by-2027-at-a-cagr-of-7-5–valuates-reports-301388619.html

13 = Statista, Medical Technology, https://www.statista.com/outlook/hmo/medical-technology/worldwide#

14 = Health and Economic Costs of Chronic Diseases, National Center for Chronic Disease Prevention and Health Promotion (NCCDPHP), CDC, March 23, 2023, https://www.cdc.gov/chronicdisease/about/costs/index.htm

15 = Pain Management Devices Market Size, Share & Trends Analysis Report By Product (RFA, Neurostimulation), By Application (Neuropathic Pain, Cancer), By Region (APAC, North America), And Segment Forecasts, 2022 – 2030, https://www.grandviewresearch.com/press-release/global-connected-health-wellness-devices-market

16 = Physiotherapy Equipment Market Size, Share & Trends Analysis Report By Application (Neurology, Musculoskeletal, Pediatrics), By Type, By Demographics, By End Use, By Region, And Segment Forecasts, 2023 – 2030, Grand View Research, Report ID: 978-1-68038-476-5, https://www.grandviewresearch.com/industry-analysis/physiotherapy-equipment-market

17 = Emergence Research: “The global pain relief market size was USD $79.68B in 2021 and is expected to register a revenue CAGR of 4.5% during the forecast period” so that in 2023 the projected market size is USD $87B. https://www.emergenresearch.com/industry-report/pain-relief-market#:~:text=The%20global%20pain%20relief%20market,4.5%25%20during%20the%20forecast%20period

18 = Personal Fitness Trainer Market Outlook (2022 to 2032), Future Market Insights, https://www.futuremarketinsights.com/reports/personal-fitness-trainer-market

19 = Medical Devices Market Size, Fortune Business Insights, https://www.fortunebusinessinsights.com/industry-reports/medical-devices-market-100085

20 = Pain Medicine, South Rampart Pharma, 2022, “Significant Unmet Need & Market Opportunity” https://southrampartpharma.com/pain-medicine/

21 = Pain Management Therapeutics Market (By Drug Class: NSAIDs, Opioids, Anesthetics, Antidepressants, Anticonvulsants, and Others; By Indication: Arthritic Pain, Neuropathic Pain, Chronic Back Pain, Post-Operative Pain, Cancer Pain, and Others; By Distribution Channel: Online Pharmacy, Retail Pharmacy, and Hospital Pharmacy) – Global Industry Analysis, Market Size, Share, Growth, Trends, Regional Outlook and Forecasts, 2022 – 2030, Precedence Research: The global pain management therapeutics market was valued at USD 72.41 billion in 2021 and is predicted to hit over USD 105.77 billion by 2030, expanding growth at a CAGR of 4.3% during the forecast period 2022 to 2030. https://www.precedenceresearch.com/pain-management-therapeutics-market

22 = Citation that the CE mark is globally considered the gold standard: https://insights.titansolutions.ie/en/top-benefits-of-ce-certification-for-manufacturers#:~:text=A%20product’s%20CE%20marking%20is,and%20safety%20norms%20and%20laws.

23 = The diabetic neuropathy market was valued at $3.9B in 2022, and is projected to be $6.6B in 2030. https://www.databridgemarketresearch.com/reports/global-diabetic-neuropathy-market

24 = The global market for Osteoarthritis Therapeutics estimated at US$7.9 Billion in the year 2022, is projected to reach a revised size of US$15.8 Billion by 2030, growing at a CAGR of 9.1% over the period 2022-2030. Knee, one of the segments analyzed in the report, is projected to record 10.1% CAGR and reach US$7.1 Billion by the end of the analysis period. https://finance.yahoo.com/news/global-osteoarthritis-therapeutics-market-reach-230800142.html#:~:text=In

25 = Fibromyalgia Treatment Market Research | 2023-2030, June 13, 2023, MarketWatch, https://www.marketwatch.com/press-release/fibromyalgia-treatment-market-research-2023-2030-2023-06-13#:~:text=Fibromyalgia

26 = Global Chronic Lower Back Pain Treatment Market Report 2023: Increasing Government Initiatives, An Aging Population, and Growing Awareness About Pain Management Drive 4.9% Annual Growth, April 25, 2023, Source: Research and Markets, https://www.globenewswire.com/news-release/2023/04/25/2653775/28124/en/Globalof-referencing-Chronic-Lower-Back-Pain-Treatment-Market-Report-2023-Increasing-Government-Initiatives-An-Aging-Population-and-Growing-Awareness-About-Pain-Management-Drive-4-9-Annual-Growt.html

27 = Physiotherapy Equipment Market Size – By Type (Equipment, Accessories), By Application (Neurology, Musculoskeletal, Cardiovascular & Pulmonary), By End-use (Hospitals & Clinics, Rehabilitation Centers, Homecare Settings), 2023 – 2032,
https://www.gminsights.com/industry-analysis/physiotherapy-equipment-market#:~:text=Physiotherapy%20Equipment%20Market%20size%20was,population%2C%20and%20advancements%20in%20technology.

28 = Data from Dr. Michael April, which was also presented at the E-Textiles 2023 Conference, November 2023, Ghent University, Ghent, Belgium, https://drive.google.com/file/d/1yEDp48FpuOCB2hWI6SWHlERc_7CjvIwN/view?usp=drive_link

Chronic pain impacts over 770 million people.[4]
That means, you — or someone you know lives with chronic pain.

The mission at Healables: Create personalized solutions for pain relief and performance.

Healables Medical Product Line for pain relief and inflammation reduction

Why we chose to integrate microcurrent technology into our wearables.

Initial results

AI & Patented Technology

Where is Healables at now?

More than a device

Global partners

We have attracted attention from well known brands around the world.

The question is, have we attracted yours?

Meet the team with solid experience in taking a company from formation to exit.

Moshe Lebowitz | Co-Founder

Moshe uses his rabbinic training to solve business problems differently and innovates through the creative integration of technology together with new inventions. He practices Hasidic meditation and is trained in craniosacral therapy and Chinese medicine.

Dr. George Lowell | Chief Scientific Officer

Dr. Andrew Shiller, MD| Chief Medical Officer

Dr. Andrew David Shiller, MD Chief Medical Officer. Dr. Shiller earned his MD at Duke University’s School of Medicine, continuing at Harvard Medical School, with double residency training in Internal Medicine & Physical Medicine & Rehab.

He completed fellowship training in Integrative Medicine at University of Maryland Center for Complementary Medicine Research. He studied & practiced natural healing and stress-reduction, along with nutrition, hands-on healing, movement therapy & mind/body awareness.

Ziv Ritchie | BSEE – CTO

Ziv Ritchie trained in Electrical Engineering at the Jerusalem College of Technology. He studied Reality Therapy at the William Glasser Institute and helped Professor Joshua Ritchie, MD found and manage the Refuah Institute, the leading provider of Torah-based coach training in the world.

Ziv combines his technological knowledge and development skills with his psychological training to develop the Healables digital health coaching app and oversee the development and production of Healables electroceutical devices and textiles.

Yasha Harari | CMO

Yasha is responsible for pioneering significant Internet marketing gold standards used by people worldwide since decades.

Market size

$6.6T: Total Addressable Market (TAM) — Long-Range Market Opportunities: The Total Addressable Market (TAM) is the entire potential market that a company could possibly reach with its products and services

$150B[18]: Serviceable Addressable Market (SAM) — Near-Term Primary Market Focus: The Serviceable Addressable Market (SAM) is the part of the total addressable market that can actually be reached.

Updates

References

Comments