Startup Ideas AI

Develop a smart wearable device that uses advanced technologies such as neurostimulation, heat therapy, and biofeedback to provide personalized and targeted chronic pain relief. The device would be designed to be highly versatile, allowing users to apply it to different areas of their body where they experience pain. The device could be controlled through a companion mobile app, providing users with real-time pain management and progress tracking. Market Size: According to a report by Grand View Research, the global chronic pain treatment market size was valued at $68.2 billion in 2020 and is expected to expand at a compound annual growth rate of 6.8% from 2021 to 2028.