Peace of mind for diabetic patients...

At Raidmed we help people living with diabetes to easily monitor their feet to ensure that lower limb amputations are avoided.

We are currently developing a medical solution that allows diabetes sufferers and their clinicians to monitor foot health remotely. Diabetes can cause nerve damage and blood vessel disease in the feet, which can cause skin and tissue breakdown. This can develop into ulcers, which are prone to infection, sometimes leading to lower limb amputation.

Using our technology patients conducts a simple daily test in the comfort of their home or care setting. Cloud-based data from these tests provides the clinician with early warning of the signs associated with the risk of diabetic foot disease onset.

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Why does diabetes affect so many people?

Diabetes is one of the most common diseases that affects people all over the world. There are more than 100 million diabetic patients in the world and this number is continuing to grow. Diabetes can also lead to amputations and nerve damage. This may seem scary, but it’s important for people with diabetes to understand how they can help prevent lower limb amputations as a result of their condition.

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Diabetics

Number of people living with diabetes worldwide.

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Foot Ulcers

Diabetic foot ulcers diagnosed in US per year

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Amputations

Amputations from diabetes per year in USA.

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avoidable

Percentage of amputations which are avoidable

High blood sugar associated with diabetes damages organs and limbs by clogging arteries. In the feet, this means minor wounds don’t have the blood flow to fight off microbes, and small infections can turn lethal.

Removing the infected parts is often the last resort — a decaying toe or two, then the metatarsals, then a foot or a leg.

Excessive localised pressure on the sole of the foot can lead to inflammation (pain, redness), which can then lead to a foot ulcer if not addressed. 
Diabetic foot ulcers take a long time to heal and often re-occur.

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  • If you have been diagnosed with diabetes there is a 1 in 5 chance that you will develop a foot ulcer over your lifetime. 
  • Foot ulcers take a long time to heal – often weeks or months – and treatment often involves removing all pressure from the affected foot.
  • There is a 3 in 5 chance that if you develop one foot ulcer that you will go on to have subsequent foot ulcers.
  • 1 in 5 people who have foot ulcers will eventually require an amputation.
  • Having had a diabetes-related amputation the 5-year survival rate is only 40–48%.

Personal impact

Decline in mobility can lead to social isolation, depression and the further deterioration of health. Between 52% and 80% of diabetic patients who get a below-the-knee amputation die within five years.

Financial cost

Diabetes care accounts for $1 in every $7 spent on healthcare in USA. An amputation can cost up to $100,000 and results in $18.8bn of direct healthcare costs per year.

Society impact

Living with foot disease can be painful, affect people’s social lives and relationships, and even result in discrimination and reduced independence through lack of mobility.

Diabetic Foot Ulcers can be avoided

Research from leading clinicians has shown that 80% of diabetic foot ulcers can be avoided through improved foot monitoring. 

Partners

Raidmed investor Opportunity

To grow an impactful Digital Health / Medtech company such as Raidmed takes significant investment. If you would like more information about our business plan and investment opportunities please complete this form.