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HowdyBuddy Technologies revolutionizes patient care with multipurpose virtual reality kits that effectively manage pain, anxiety, and stress, while offering immersive experiences for various healthcare settings. Join us in transforming healthcare with VR. Contact details: Email: nehakangralkar@gmail.com, Ph. no: 9482197740
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HOWDYBUDDY TECNOLOGIES PVT LTD -Transforming Patient care with VR Contact details: Email: nehakangralkar@gmail.com Ph.no: 9482197740
Founder Details • Name – NehaKangralkar • Qualification- Undergraduation in Psych. hons from ManipalUniversity,Jaipur • Work Experience: VinsaviIndotechs ( batch production business in Steel industry),Management Internship at Expert Enterprises. • Qualified among top 100 student entrepreneurs by state govt for all-paid exposure training in silicon Valley(2018)
PROBLEM STATEMENT • Lack of effective non invasivealternatives in healthcare • Lack of effective drug alternatives for pain management(chronic/acute) • Higher rates of treatment lapses in case anxiety disorders • Not many effective ways available to keep the blues away in geriatric patients, oncology patients, long term paralysed patients etc • In many cases effective complimentary devices to pain killer or rin some cases replacement to anaesthetic drugs.
OUR SOLUTION • Multipurpose Virtual reality immersive kits for patient care. • Medical Vr Effective for anxiety, mind blues, stress, pain relief etc • According to researchers it can be used in : Pain management, mental healthcare of geriatric patients, cancer patients, pediatric patients, treating phobias, de-stressing for patients and hospital staff and much more.(Plenty of research available to support the following) • Our immersive experiences are well researched and matches the world standard and is used in top notch hospitals like Cedar Senai(USA). We currently have Swimvr from Netherlands as our licensed experience partner for pilot. • Our initial pack consists of 10-12 virtual immersive experiences and we add new experiences every 60 days. • Working prototype available
SCOPE AND MARKET FOR OUR PRODUCTS • Hospital Chains in developed cities • Elderly care communities • Mental health hospitals/rehabilitation centre • Corporate enterprises -Rise of stress also gives us opportunity to expand and tap the working sector market in future with kits focused on experiences like guided meditation etc. OUR CURRENT TARGET MARKET • Healthcare sector.
REVENUE MODEL • Hardware subscription- $969(69,800INR) Hardware kit consists of - Oculus go standalone headset,controller, charger, tablet( remote for the doctor) and 12 vr immersive experiences. • Software subscription of $29(2088INR) per month( 6 months subscription to be paid during purchase, option for discontinuing available). New experiences will be put up every 60 days • Total cost breakup = 1,144$(82,370INR)
MARKET SIZE • Number of allopathic hospitals - 1,96,312(2017) • Our target market for first 12-24months years- 266 Hospitals( Eg: Manipal, Apollo etc) • If each of these 266 hospitals buy at least 2 products of Howdybuddy 266x 82,370x 2= 43,820,840INR Min profit we earn per device = 7,000INR(excluding recurring content profit)
How Far have we progressed • We have a working prototype that includes oculus headsets and a vr app • We have licensed vr experience partner on board from Netherlands and have 4 virtual reality medical centered experiences. • We are currently in talks with other content providers for future experience partnering. • We are a registered company and have had pre incubtion under Atal Incubation, Manipal.