PatentAuction.com lists patented inventions available for sale or licensing. Inventors can list their patented inventions (or patent pending) for sale. New inventions for sale are added on a daily basis !
Home    List your patent    My account     Help     Support us    

"PillGuard: Your Daily Dose Protector"

[Category : - HEALTH]
[Viewed 42 times]

Description:
The SafeDose Dispenser is a secure medication management device that limits access to a single pill every 24 hours. Unlike traditional pill organizers that allow unrestricted access to daily or weekly doses, SafeDose uses a time-locked mechanism to release only one dose per day, ensuring safe and controlled access.

Problem Solved:
For individuals at risk of medication misuse—such as young people, those with impulse control challenges, or anyone prone to accidental overuse—traditional dispensers offer limited protection. SafeDose minimizes this risk by restricting physical access, reducing the likelihood of excessive or accidental intake.

Benefits Over Existing Technologies:
SafeDose provides a layer of security that existing dispensers lack, making it ideal for those concerned about the safety of their loved ones. Caregivers and families gain peace of mind knowing that SafeDose actively supports safe, controlled medication access, allowing users to follow prescribed doses confidently.


Financial information

The SafeDose Dispenser taps into the growing market for medication management devices, valued at billions globally due to increasing demand from aging populations, chronic disease management, and rising awareness of safe medication practices. This device stands out with its unique, controlled-access feature, appealing to consumers looking for enhanced security and peace of mind for their loved ones.

From a financial standpoint, SafeDose offers a cost-effective solution for families and caregivers by potentially reducing healthcare expenses associated with medication misuse, overdoses, or emergency interventions. Its simple, time-locked technology reduces manufacturing costs compared to more complex smart devices, allowing it to be affordable for a wider audience while maintaining a strong profit margin.

The device has promising scalability potential, with sales possible to individual consumers, healthcare providers, and institutions like assisted living facilities, expanding its reach across multiple sectors.







[ Home | List a patent | Manage your account | F.A.Q.|Terms of use | Contact us]

Copyright PatentAuction.com 2004-2017
Page created at 2024-11-09 19:58:23, Patent Auction Time.