INNOVATOR SPOTLIGHT

"For every 23 mats we ship, that's a life saved."

How Podimetrics delivered $100M in healthcare savings with their patient monitoring platform.

Issue 05 | January 2026

from Matthew Boyd

Welcome back, and Happy New Year!

I hope the holidays gave you a chance to rest and recharge with friends and family. As the father of 11-year-old twin girls, I found myself especially aware of their waning belief in the magic of the holidays this year. Gulp. But don't worry, I haven't put the Elf on the Shelf in the garbage disposal (yet).

As we head into 2026, I want to thank you for being part of our community—your support, curiosity, and commitment to this field are what make this work meaningful to me.

This year, we’re more committed than ever to dive into the technologies and entrepreneurs shaping biomedical innovation. We’re starting the year with our study of patient monitoring devices—the fastest-growing segment of the wearable medical device market—and the tremendous benefits these technologies bring to the healthcare industry. I hope you find some time to explore the work below.

Thanks again for joining us. If there’s ever a topic you’d like us to explore, or an innovator you think we should interview, just reply to this email—I read every response. Cheers to a great year ahead.

Matthew Boyd

Chief Commercial Officer

Boyd Biomedical

The Integrated Approach to Patient Monitoring Device Success

The patient monitoring device segment represents the fastest-growing opportunity in the $40 billion wearable medical device market. But here’s what most companies don’t realize: the majority of patient monitoring devices that fail do so not from lack of innovation, but from fragmented execution.

This quarter, I’m excited to share our comprehensive study on patient monitoring device commercialization—examining how design decisions impact manufacturing feasibility, how manufacturing enables design innovation, and how brand strategy informs development priorities.

When teams fail to integrate disciplines across commercialization phases, they invite cost overruns, timeline delays, and market adoption challenges. In today’s competitive landscape, where asset light startups increasingly outsource more and more, the case for thoughtful integration is stronger than ever.

What We Discovered

We examined the patient monitoring landscape and the critical success factors that separate market leaders from the pack. The market opportunity is substantial, and the economic impact for healthcare systems is compelling:

$40 billion global wearable medical device market with patient monitoring growing at 17% annually
$5,000-$12,000 in direct cost savings per patient through remote monitoring-enabled early discharge
30-40% cost savings demonstrated by hospital-at-home programs using continuous monitoring
Post-surgical monitoring market reaching $3.5 billion with 19% annual growth

You can explore these findings and much more in our full report below.

Patient Monitoring Devices: The Complete Guide

Our comprehensive report examining the patient monitoring device market and the integrated approach required for commercial success.

Read the Report

Innovator Spotlight: Podimetrics

Brian Johnson and I also had the pleasure of sitting down with Dr. Jon Bloom and David Linders, co-founders of Podimetrics, on our video series Design, Build, Launch. Their company has delivered $100 million in healthcare savings and reduced mortality rates 37%—all from a product born at MIT’s first "hacking healthcare" hackathon in 2011.

There are so many lessons from Jon and David’s story but one of the most compelling is how their patient-first design approach enables them to achieve impressively high engagement from a population typically labeled “poorly compliant.”

In our discussion we walk through a product demo of Podimetrics' next-generation Smart Mat+ platform that will deliver even more value to their patient’s while simultaneously allowing the Company to expand it’s services to fall prevention, heart failure monitoring, and more.

You can watch our full discussion below.

Innovator Spotlight: Podimetrics

We discuss how Podimetrics' patient-centered design approach is transforming remote patient monitoring and preventative care for complex diabetes.

Watch the Video

Articles & Tools

Whether you’re developing a new patient monitoring device or scaling an existing product, success requires effective integration across design, manufacturing, and marketing. We created frameworks and tools to support your work across the phases of commercialization and to help you navigate the path to market. You can read about these frameworks in our articles below and explore our tools in more detail on our website.