SleepTech Medical Device IP and Prototype for Sale

This listing presents a unique opportunity to acquire intellectual property and a prototype for a novel medical device aimed at treating chronic insomnia. Developed by a team of experts including a neuroscientist, neurologist, and tech specialist, the SleepTech device leverages advanced algorithms incorporating machine learning and AI for adaptive sleep staging and scoring. The company holds two broad patents covering these core technologies. Significant grant funding, including support from the US military for app development, has fueled the prototype's creation. The market potential is substantial, with McKinsey estimating the cost of sleep deprivation at $680 billion annually and 70 million Americans suffering from chronic insomnia. The global sleep device market is projected to reach $32 billion by 2026. The assets for sale include the patents, software, and the prototype device.