Innovative Detection Technology Cherish's use of radar-based sensors and spatial computing technology provides a non-intrusive, privacy-preserving solution for health and safety monitoring, opening opportunities to partner with healthcare providers, senior living facilities, and home safety companies seeking advanced, reliable monitoring systems.
Expanding Product Portfolio The recent launch of Cherish Serenity, a comprehensive fall detection device for home environments, demonstrates product innovation aimed at high-demand markets such as eldercare, post-hospital recovery, and chronic condition management, presenting avenues for sales expansion into home health and assisted living sectors.
Strategic Industry Partnerships Cherish’s collaborations with companies like Alarm.com and AT&T indicate a strong foothold in the connected health space, suggesting potential sales opportunities with telecom and home security companies looking to integrate health monitoring into their existing product ecosystems.
Market Growing Demand With a revenue estimate between $50M and $100M and recent product launches, Cherish is positioned in a rapidly expanding market for remote health sensing and safety devices, providing sales prospects targeting residential, healthcare, and telehealth markets seeking innovative monitoring solutions.
Focus on Senior and Vulnerable Populations Cherish’s targeted solutions for fall detection and emergency alerts cater to the needs of seniors and vulnerable groups, creating opportunities to engage with eldercare providers, assisted living facilities, and insurance companies interested in preventative health and safety technology for at-risk populations.