PhysioMRI

PhysioMRI

Manufacturer of MRI machines and other medical devices. Learn more

Launch date
Employees
Market cap
-
Enterprise valuation
€16—24m (Dealroom.co estimates Sep 2023.)
Valencia Valencian Community (HQ)
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PhysioMRI is a groundbreaking startup that is set to revolutionize the medical imaging industry with its innovative, portable Magnetic Resonance Imaging (MRI) device. MRI is a type of imaging technology that uses magnetic fields and radio waves to create detailed images of the body's organs and tissues. Traditionally, MRI machines are large, expensive, and stationary, making them inaccessible for many healthcare providers, especially in emerging countries.

PhysioMRI's product is a game-changer. It's the first 100% portable MRI machine that is not only small and light, but also 30 times cheaper than its competitors. This makes it a highly attractive option for healthcare providers in developing countries where access to such advanced diagnostic tools is limited. Moreover, its portability and affordability do not compromise the quality of the imaging, ensuring that patients receive accurate diagnoses.

The company's business model is focused on democratizing access to MRI testing. By making their device affordable and portable, they are opening up the market to clients who previously could not afford or access this technology. This includes sports clubs needing rapid diagnosis of injuries and hospitals looking to cut down on waiting lists.

PhysioMRI's revenue is likely generated from the sales of their portable MRI machines and possibly from ongoing service and maintenance contracts. The impact of their device can be likened to the simplification of X-rays, which greatly improved the quality of medical work and had a significant impact on people's lives.

Keywords: Portable, Affordable, MRI, Medical Imaging, Diagnostic Tool, Emerging Markets, Healthcare, Sports Clubs, Hospitals, Revolutionary.

Tech stack

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Tech stackLearn more about the technologies and tools that this company uses.