About
Steadiwear Inc. is a healthcare technology company based in Toronto, Canada, focused on developing innovative wearable devices to help manage hand tremors associated with Essential Tremor and Parkinson’s disease. Founded in August 2015, the company has created the Steadi-3, a lightweight, battery-free glove that utilizes magnetic stabilization technology to stabilize the wrist joint and reduce tremors. The Steadi-3 is an FDA-registered Class I medical device and licensed by Health Canada, with clinical studies indicating it effectively reduces tremors in about 84-85% of users. The Steadi-3 glove weighs approximately 0.5 lbs and is designed for comfort and ease of use, allowing individuals to perform daily tasks like dressing, drinking, and writing more easily. Steadiwear aims to enhance the quality of life for the over 36 million people worldwide affected by tremors. The company’s team includes experts in neurology, occupational therapy, and product design, with leadership experienced in various aspects of healthcare and assistive devices. Steadiwear targets individuals with tremors and healthcare providers, with plans for market entry in April 2025 and a reimbursement pathway established within 18 months post-launch.
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Company Information
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Employees 6
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Founded 2015
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Annual Revenue $560000
Location
112 College St, Toronto, Ontario, Canada, M5G
