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Rehab Happy Walk

【AEA 2019 Alumni】
Globally, eight million people suffered from Parkinson disease (PD) symptom called freezing of gait, which cause walking difficulties, high risk of falling ,fear and depression. PD number is about 1/100 after age of 60 and is rising associated with aging society. Rehab Happy Walk was founded by Dr. Peeraya, an inventor specialized in rehabilitation, and teams who strive to improve quality of PD’s life by living independently, not the burden of society.
Our solution has been developed and proved based on patients and caregivers’ feedback in clinical research. The product was patents pending and will be launched within 2019, while continuouslly improving second version by 2020. Our market plan will initiate and focus in Thailand with collaboration with two Mahidol University hospitals, six hospitals in same district, and Thai Medical society, while attempt to find alliances in Japan in order to expand internationally, given Thailand and Japan moving to full aging society.The potential PD people are 150,000 in 2020. Our revenue in 2020 is $ 1.4 million and increase to $10 million in 2023, while NPV is $540,000 at 40% discount rate and IRR is 80%.
We are looking for investors and fit alliances to join our vision and move forward.

PEERAYA RUTHIRAPHONG, MD
Co-founder

Nominated by

JUASRIKUL SAKDIPON – Thailand
Dr.
IDE Center, University of the Thai Chamber of Commerce
　Over eight million people, globally, suffered from Parkinson disease (PD) symptom called freezing of gait, which cause a difficulty to walk and mobilization. This product addresses an important part of the trend of aging societies found in Japan, Thailand and many countries in Asia. Furthermore, PD number is positively associated with aging society, especially senior citizen who aged over 60 years old. The market opportunity is suitable for Thailand, where this company has been launched; in Japan, which also has an aging society; and in combined market opportunities to help people living independently. This product was founded by medical doctor and teams who specialized in rehabilitation in one of the research hospital in Thailand. The product solution has been developed and tested by PD’s patients and caregivers’ feedback in clinical research. The product has been designed and developed several prototypes in order to test and has been improved to the first version in 2019 and plan to improve second version by 2020.
Overall:
• Large market with a clear, important problem.
• A developed and proved solution which has been completed in the clinical research
• Specialized Medical Doctor led and team member specialized in rehabilitation and engineer.