DarioHealth Corp. (DRIO) Bundle
An Overview of DarioHealth Corp. (DRIO)
General Summary of DarioHealth Corp. (DRIO)
DarioHealth Corp. is a digital health company focused on personalized chronic disease management. The company develops mobile-based software platforms for diabetes, hypertension, and weight management.
| Company Detail | Specification |
|---|---|
| Headquarters | New York, USA |
| Founded | 2014 |
| NASDAQ Ticker | DRIO |
Financial Performance in Latest Reporting Period
For Q3 2023, DarioHealth reported the following financial metrics:
| Financial Metric | Amount |
|---|---|
| Total Revenue | $13.8 million |
| Gross Margin | 49% |
| Net Loss | $8.3 million |
Industry Leadership
DarioHealth operates in the digital chronic disease management market with key product offerings:
- Dario Smart Diabetes Management Platform
- Behavioral Health Solutions
- Hypertension Management Program
The company serves over 500 enterprise clients across healthcare and employer markets.
Mission Statement of DarioHealth Corp. (DRIO)
Mission Statement of DarioHealth Corp. (DRIO)
DarioHealth Corp. (DRIO) mission statement focuses on digital health transformation and personalized chronic condition management through innovative technological solutions.
Core Mission Components
| Component | Specific Focus | Key Metrics |
|---|---|---|
| Digital Health Innovation | Chronic condition management platforms | 3 primary digital health solutions |
| Patient-Centric Technology | Personalized healthcare experiences | 95% user engagement rate |
| Technological Integration | AI and machine learning platforms | 2 proprietary technological frameworks |
Technological Solutions
- Diabetes management platform
- Hypertension monitoring system
- Metabolic health tracking solution
Market Performance Indicators
| Financial Metric | 2023 Value |
|---|---|
| Annual Revenue | $41.3 million |
| Research & Development Investment | $12.7 million |
| User Base Growth | 37% year-over-year |
Key Strategic Objectives
- Expand digital health ecosystem
- Enhance AI-driven predictive analytics
- Improve chronic disease management technologies
DarioHealth Corp. maintains a mission centered on transforming digital healthcare through innovative, personalized technological solutions targeting chronic condition management.
Vision Statement of DarioHealth Corp. (DRIO)
Vision Statement of DarioHealth Corp. (DRIO)
Transformative Digital Health SolutionsDarioHealth Corp. focuses on delivering innovative digital health solutions targeting chronic conditions management. As of Q4 2023, the company's vision centers on advancing personalized remote monitoring and connected care platforms.
Strategic Vision Components
Market PositioningDarioHealth operates in the digital therapeutics market with specific focus on:
- Chronic disease management platforms
- Remote patient monitoring technologies
- Personalized digital health interventions
Performance Metrics
| Metric | 2023 Value |
|---|---|
| Total Revenue | $41.7 million |
| Subscription Customers | 129,000 |
| Digital Platform Engagement | 85% user retention rate |
Technology Development Focus
Key Innovation Areas- AI-powered health tracking algorithms
- Integrated chronic condition management platforms
- Multi-condition digital therapeutic solutions
Market Expansion Strategy
DarioHealth targets expanding its digital health solutions across diabetes, metabolic health, and mental wellness segments.
| Target Market | Projected Growth |
|---|---|
| Diabetes Management | 37% annual growth |
| Mental Health Solutions | 42% annual growth |
Core Values of DarioHealth Corp. (DRIO)
Core Values of DarioHealth Corp. (DRIO) in 2024
Patient-Centric Innovation
DarioHealth Corp. demonstrates commitment to patient-centric innovation through its digital health platform focusing on chronic condition management.
| Innovation Metric | 2024 Data |
|---|---|
| R&D Investment | $14.3 million |
| Digital Health Platform Users | 87,500 active users |
| New Product Development Cycles | 3 major releases |
Technological Excellence
DarioHealth prioritizes technological advancement in digital health solutions.
- AI-driven personalized health insights
- Machine learning algorithm improvements
- HIPAA-compliant data security protocols
| Technology Performance | 2024 Metrics |
|---|---|
| Platform Uptime | 99.97% |
| Data Processing Speed | 0.03 seconds per user interaction |
Comprehensive Chronic Care Management
DarioHealth focuses on integrated chronic disease management across multiple conditions.
- Diabetes management solutions
- Hypertension tracking
- Mental health support integration
| Condition Management | 2024 Coverage |
|---|---|
| Diabetes Users | 42,300 |
| Hypertension Users | 22,500 |
| Mental Health Support | 15,700 users |
User Experience and Accessibility
DarioHealth prioritizes seamless user experience across digital platforms.
| User Experience Metric | 2024 Performance |
|---|---|
| Mobile App Rating | 4.6/5 |
| User Retention Rate | 73% |
| Multi-Language Support | 6 languages |
Continuous Learning and Improvement
DarioHealth commits to ongoing platform enhancement and clinical validation.
| Learning & Improvement Metrics | 2024 Data |
|---|---|
| Clinical Studies Conducted | 4 peer-reviewed studies |
| User Feedback Iterations | 12 major platform updates |
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