VR Therapy for Chronic Pain
Founded in 2015 by Stoudt and entrepreneurs David Sackman and Josh Sackman, AppliedVR sets aspires to treat patients with chronic pain using a safe, effective, and cost-effective method. Given that research studies have found that chronic pain treatment can cost nearly $635 billion each year in the US, the need for a more affordable solution is certainly warranted.
The startup company provides its own VR hardware and software. The AppliedVR headset sports a high-resolution 4K display with gaze-based control, allowing users with a limited range of motion to enjoy the benefits of the soothing software. Software developed by the healthcare startup business includes tools such as a breath visualizer, as well as several engaging and relaxing scenarios designed by medical experts. Currently, AppliedVR offers over 40 modules for patients to explore, whether it’s relaxing under the sea with dolphins or watching the sunset over the horizon on a sandy beach.
Last year, the startup company announced that its EaseVRx, which is still currently in development, received the Breakthrough Device designation from the US Food and Drug Administration (FDA) for fibromyalgia and chronic intractable lower back pain treatment. RelieVRx and AnxietyVRx programs are also currently in development at the healthcare startup business, with the intent to treat acute postoperative pain and generalized anxiety, respectively.
Revolutionizing the Healthcare Industry
Market research projects the global digital health market to reach $385.8 billion by 2025 while growing at a CAGR of 24.6%. AppliedVR is changing the way healthcare companies look to treat chronic pain by utilizing advancements in VR technology as others have done in different industries. VR continues to open doors for new startups in many markets.
About the Author
James White is a Michigan State University graduate with a BS in Environmental Biology. He is interested in reporting emerging trends in technology, especially with regard to alternative energy and environmental conservation.