Susmed
Basic Information
- Stock Code
- 4263
- Industry
- Information and Communications
- Category Detail
- Systems & Software
- Prefecture
- Tokyo
- Establishment Year
- July 2015
- Listing Year
- December 2021
- Official Website
- https://www.susmed.co.jp/
- TSE Information
- TSE Information
- Yahoo! Finance
- Yahoo! Finance
- Other Companies
- Celsys, Broadleaf, Plus Alpha Consulting, Appier Group, Fintext Holdings, Smaregi, WingArc1st, Kaonavi, Sansan, Cybozu, Second X, Porters, Smart D
Overview
Susmed is a Tokyo-based information and communications company established in 2015, possessing top-class technological capabilities in Japan in the field of developing therapeutic apps using smartphones.
Current Situation
Susmed achieved stable growth in fiscal 2023 mainly by developing and selling smartphone apps for treating mental disorders such as insomnia. It focuses on promoting the adoption of digital therapy in medical settings and responds sensitively to insurance coverage trends. Within the information and communications industry, it leads the therapeutic software market, with strengths in specialized medical software development compared to competitors. It continues R&D investments to develop new therapeutic apps and improve UX, while strengthening collaborations with medical institutions and insurers. It also expands services to enhance convenience for patients and medical staff, and plans to venture into various disease areas as part of its mid-term strategy, contributing to the digital transformation of medical sites. Currently, as a listed company with sales in the billions of yen scale, it maintains competitive superiority with high technological prowess centered in Tokyo, while exploring future global expansion possibilities.
Trivia
Interesting Facts
- First in Japan to develop smartphone therapeutic apps for insomnia.
- Pioneering presence in Japan's digital therapy industry.
- Closely collaborates with medical sites for app design.
- One of the few companies aiming for insurance coverage.
- Listed on Tokyo Stock Exchange Mothers just a few years after founding.
- Possesses multiple apps with medical device certification.
- Numerous research presentations at domestic and international conferences.
- Joint development by IT engineers and medical experts.
- Strong focus on UX for smartphone apps.
- Steady growth as an emerging venture.
Hidden Connections
- Collaborates with medical insurance organizations to expand insurance coverage.
- Advances joint development projects with multiple pharmaceutical companies.
- Adopted in clinical trials at major domestic university hospitals.
- Contracted for government research on digital therapeutics.
- Technology alliances with medical IT startups.
- Nearly half of employees are engineers also holding medical qualifications.
- Developing digital health checkup tools for insurers.
- Received venture capital investment after listing on Tokyo Stock Exchange Mothers.
Future Outlook
Growth Drivers
- Expansion of the digital therapy market
- Increasing mental health needs due to aging society
- Market entry promotion through expanded insurance coverage
- Rising service demand from remote healthcare普及
- Product sophistication through AI technology utilization
- Strengthened government digital health policies
- Expansion of therapeutic apps to multiple disease areas
- Expanded collaborations with domestic and international medical institutions
- Advancements in patient data integration
- Service rollout in emerging markets
- Improved IT literacy among medical professionals
- Accelerated collaborations with startups
Strategic Goals
- Maximize share in the domestic market
- Expand product lineup for major diseases
- Achieve 10 products with insurance-covered therapeutic apps
- Commence full-scale entry into overseas markets
- Improve treatment efficacy using AI and big data technologies
- Strengthen joint research with medical institutions
- Build sustainable business models
- Establish as top runner in medical-IT fusion field
- Strengthen patient-centered services
Business Segments
Therapeutic App Development Support
- Overview
- Provides comprehensive services from development to operation support for therapeutic apps in the medical industry.
- Competitiveness
- Specialized development capabilities based on deep understanding of medical settings.
- Customers
-
- Pharmaceutical companies
- Medical institutions
- Medical device manufacturers
- Insurers
- Health management service companies
- Medical IT companies
- Digital health startups
- University hospitals
- Research institutions
- Clinical development organizations
- Medical management consultants
- Public medical institutions
- Products
-
- Therapeutic app platform
- Software development for medical institutions
- Patient data management system
- Clinical trial support tools
- Medical IT solutions
- Data analysis services
- API integration services
- Remote monitoring systems
- Education tools for medical professionals
- Insurance application support
- App quality management services
- Personal information protection systems
Digital Therapy Solutions
- Overview
- Specialized services promoting digital treatment adoption in medical institutions and supporting ongoing care.
- Competitiveness
- High effectiveness from integrating cutting-edge technology with medical site needs.
- Customers
-
- Hospitals
- Clinics
- Health insurance associations
- Municipal health departments
- Rehabilitation centers
- Research institutions
- Remote care companies
- Nursing homes
- Universities
- Public interest corporations
- Products
-
- Remote consultation-linked apps
- Patient support tools
- Treatment efficacy measurement systems
- Medical staff management tools
- Mental health support systems
- Data collection and analysis platforms
- Customizable treatment modules
- Privacy protection features
- User training programs
- Service introduction consulting
Medical Consulting Services
- Overview
- Provides strategic consulting specialized in medical information and digital health fields.
- Competitiveness
- Proposal capabilities fusing medical industry expertise and IT technology.
- Customers
-
- Pharmaceutical companies
- Medical device vendors
- Government agencies
- Medical insurance organizations
- Healthcare-related groups
- Municipalities
- Hospital managers
- Medical policy planners
- Products
-
- Therapeutic app introduction strategy formulation
- Market research and analysis
- Medical IT infrastructure audits
- Regulatory compliance support
- Customer needs analysis
- New technology evaluation
- Business expansion planning
- Usability verification
- Education and training programs
Clinical Development Support
- Overview
- Supports clinical trials for digital medical devices and therapeutic apps.
- Competitiveness
- Extensive track record in clinical trials for therapeutic apps.
- Customers
-
- Pharmaceutical companies
- Medical research institutions
- CROs (Contract Research Organizations)
- University hospitals
- Medical device manufacturers
- Products
-
- Digital therapeutics clinical trial support
- Trial data collection tools
- Patient monitoring systems
- Data analysis platforms
- Electronic consent acquisition systems
Medical Insurance-Related Support
- Overview
- Supports insurance coverage processes for therapeutic apps and related analyses.
- Competitiveness
- Specialized knowledge of insurance systems.
- Customers
-
- Insurance associations
- National health insurance
- Mutual aid associations
- Medical fee review organizations
- Products
-
- Insurance coverage review support tools
- Cost-effectiveness analysis systems
- Application management software
- Insurance system compliance consulting
Education and Training Services
- Overview
- Provides education and training on digital health utilization for medical sites.
- Competitiveness
- Specialized and practical education expertise.
- Customers
-
- Medical institutions
- Pharmaceutical companies
- Medical IT vendors
- Universities
- Training institutions
- Products
-
- Therapeutic app operation training
- Seminars for medical staff
- Online education content
- User support programs
Competitive Advantage
Strengths
- High technological expertise specialized in therapeutic apps
- Strong collaboration base with medical institutions
- Experience and responsiveness in obtaining insurance coverage
- Reliable product lineup supervised by experts
- Rapid product development and improvement cycles
- Specialization support in refractory disease areas
- Adoption of latest IT technologies and UX-focused design
- Product lineup adaptable to various diseases
- Financial stability as a listed company
- Base in Tokyo, a hub for medical advancement
Competitive Advantages
- Pioneering company in Japan developing therapeutic apps
- Product design compliant with medical industry's regulations
- Product development directly reflecting clinical needs
- Reliability from experience in insurance applications
- Comprehensive expert consulting system
- Faster market entry speed and responsiveness than competitors
- Revenue diversification through multifaceted B2B services
- High evaluations from patient-centered UX design
- Superiority in medical IT-specialized personnel
- R&D system anticipating market needs
Threats
- Risk of difficulties in insurance coverage for digital therapeutic apps
- Potential development delays from stricter medical regulations
- Technological innovations and market encroachment by competitors
- Market environment with stagnating adoption interest from medical institutions
- Increased compliance burden from strengthened privacy regulations
- Changes in patient habits for digital tool usage
- Emergence of new treatment technologies or alternatives
- Legal barriers in international expansion
- Growth slowdown from insomnia market saturation
- Pressure to cut medical costs from economic downturns
- Risk of technology partnership breakdowns
- Rising costs for materials and cloud services
Innovations
2024: Release of AI-powered insomnia treatment app
- Overview
- Launched a new product featuring personalized treatment functions using artificial intelligence.
- Impact
- Improved treatment efficacy by about 20% and strengthened market competitiveness.
2023: Expansion of remote monitoring functions
- Overview
- Advanced implementation of remote patient monitoring services for medical staff.
- Impact
- Improved management efficiency in medical settings by 30%.
2022: Start of digital content multilingualization
- Overview
- Enhanced multilingual support in English, Chinese, etc., to prepare for overseas expansion.
- Impact
- Expanded potential customer base and promoted business diversification.
2021: Introduction of cloud services for medical institutions
- Overview
- Adopted secure cloud infrastructure for treatment data management to improve convenience.
- Impact
- Succeeded in improving existing customer satisfaction and acquiring new contracts.
2020: Addition of functions to behavioral therapy app
- Overview
- Strengthened products by adding new evidence-based treatment modules.
- Impact
- Increased user retention rate by 15%.
Sustainability
- Enhanced patient privacy protection and transparency
- Use of energy-efficient cloud services and eco data centers
- Support for resource reduction by promoting digital acceptance in medical settings
- Continuous improvements in accessibility for the disabled
- Support for disseminating digital health to socially vulnerable groups