Wellteq Digital Well being Inc. Improves Nightly Sleep by 38 Minutes for Staff Throughout 13 International locations Research Revealed in US Medical Journal

  • Wellteq Digital Well being Inc. (CSE: WTEQ) (OTCQB: WTEQF) has deployed the Firm’s sleep program in partnership with WTW (NASDAQ:WTW) to enhance the sleep of staff inside a big monetary establishment with operations in over 13 international locations.
  • The Wellteq sleep program resulted in an enchancment in sleep period of a median of 38 minutes per night time, as printed within the Journal of Neighborhood Medication & Public Well being Care in america1.
  • McKinsey estimates that the price of sleep deprivation in the direction of burnout, exhaustion and despair is $680 billion per 12 months in simply 5 OECD international locations, within the U.S. alone, 70M persons are plagued with power insomnia2 (McKinsey, 2021).
  • Wellteq presents its company and insurance coverage prospects digital options throughout the 4 pillars of wellbeing – exercise, diet, psychological well being and sleep. These evidence-based options are producing well being outcomes and journal publications from the sub-clinical area because the Firm advances its digital options towards medical settings.
  • Digital Well being is a fast-growing market with projected CAGR of 25% to succeed in $660 billion by 20253 (Statistica, 2021).

Vancouver, British Columbia–(Newsfile Corp. – February 8, 2022) – Wellteq Digital Well being Inc. (CSE: WTEQ) (OTCQB: WTEQF) (the “Firm” or Wellteq”), which provides digital well being and wellness options to prospects in 12 languages throughout 30 international locations is happy to announce the publication of “The Hidden Public Well being Downside of Insufficient Sleep: Deploying Digital Cell Know-how to Enhance Worker Sleep Hygiene in Asia” within the Journal of Neighborhood Medication & Public Well being Care printed in america. The article was co-authored by WTW (NASDAQ:WTW) Regional Senior Marketing consultant of Office Well being and Wellbeing, Ms. Pheona Chua.

The outcomes had been drawn from throughout 13 nations, 8 enterprise markets and 529 members and exhibit a considerable and clinically significant enchancment in nightly sleep period achieved by 59% of worker members. The weighted common sleep period improve was 38 minutes of nightly extra sleep achieved. Based mostly on an preliminary common sleep period of seven hours, this represents a 9% improve in weighted common nightly sleep period. To view the research, go to:

https://www.heraldopenaccess.us/openaccess/the-hidden-public-health-problem-of-inadequate-sleep-deploying-digital-mobile-technology-to-improve-employee-sleep-hygiene-in-asia

Senior Marketing consultant, Company Well being & Wellbeing, Asia, WTW, Ms Pheona Chua shares “A profit traits survey we carried out not too long ago exhibits that two-thirds of employers in Asia Pacific are enormously involved about worker stress, burnout and psychological well being points – it’s by far the main concern they’ve for his or her workforce. One approach to assist staff is to assist them have higher high quality and amount of sleep. A number of analysis has proven that sleep deprivation considerably impacts our well being, work efficiency, security and total wellbeing4. It’s subsequently useful that employers discover methods to assist staff in prioritising high quality sleep of their every day lives in order that they will carry out their finest at work. These don’t must be refined. A easy sleep marketing campaign can assist staff to enhance their sleeping habits. The main target right here is to guard staff’ wellbeing in no matter methods it takes”.

Wellteq Medical Advisor and lead creator Dr George Gellert said, “The research findings exhibit empirically and validate the flexibility of Wellteq’s expertise platform to successfully interact staff, and assist them make the behavioral adjustments wanted to cut back the contribution of insufficient sleep period and hygiene to poor bodily and psychological well being, and to inferior work efficiency and low job satisfaction. This sleep wellness functionality5 can be built-in seamlessly with distant sleep monitoring and telemedicine capabilities the Firm will launch to market in 2022, enabling Wellteq to supply an unparalleled complete sleep well being answer to employers, suppliers and payers. As well as, the B2B and strategic partnering alternatives with present producers of sleep apnea and associated sleep problem expertise will positively disrupt the present market, enormously benefiting staff and sufferers, and people who search to maximise their well being and well-being.”

Wellteq CEO, Scott Montgomery states, “Sleep sits upstream to having the readability and power to make different way of life adjustments round mindset, then weight loss plan and train. It’s arduous for anybody to get their head proper and to get their physique proper if they aren’t sleeping nicely. We’re delighted to see Wellteq’s sleep program and technological capabilities obtain these outcomes throughout giant worker populations in a number of international locations. In 2021, we started and in 2022 will proceed a give attention to increasing our present cell capabilities into telemedical well being enchancment and wellness throughout the complete lifecycle of well being care, well being promotion and illness prevention. This may differentiate us within the company wellness market and builds on our 2021 initiatives and momentum.”

The affect of poor sleep hygiene on worker efficiency is expensive for employers and insurers. Insufficient sleep and/or disrupted sleep are additionally one of many modifiable predictors of and contributors to power well being issues amongst staff, producing vital avoidable prices for employers. Sleep impacts psychological well being, incidence of fatigue, burnout and exhaustion, and reduces office productiveness by $1,300 to $3,000 per worker2. Work-from-home (WFH) has additionally created circumstances that make the identification of staff in danger or affected by these circumstances far more tough for administration groups and colleagues, in addition to far tougher to assist and remediate.

The way forward for sleep well being and hygiene administration is quickly integrating digital instruments and home-based options in a full lifecycle continuum with office efforts. Wellteq is positioned on the forefront of sleep problem prognosis, administration and wellness teaching by way of its expertise evolution and up to date partnership with Monash College, a globally main analysis and care supply establishment. Wellteq’s means to evaluate and obtain higher sleep amongst giant worker populations by way of a scalable digital platform is a key contributor to the Firm’s development. Income from the worldwide sleep market is projected to succeed in USD $137 billion by 2026, presenting a considerable and compelling alternative for digital sleep well being and wellness answer suppliers6.

References

  1. https://www.heraldopenaccess.us/openaccess/the-hidden-public-health-problem-of-inadequate-sleep-deploying-digital-mobile-technology-to-improve-employee-sleep-hygiene-in-asia
  2. https://www.mckinsey.com/industries/life-sciences/our-insights/sleep-on-it-addressing-the-sleep-loss-epidemic-through-technology
  3. https://www.statista.com/statistics/1092869/global-digital-health-market-size-forecast/
  4. https://www.wtwco.com/en-SG/Insights/2022/01/a-purposeful-employee-experience-is-driving-asia-pacific-employers-benefit-strategies
  5. https://www.businesswire.com/information/dwelling/20211026005728/en/Wellteq-Digital-Well being-Inc.-Companions-With-High-World-College-to-Commercialise-Sleep-Analysis
  6. https://www.arizton.com/market-reports/sleep-market-size-analysis

About WTW

At WTW (NASDAQ: WTW), we offer data-driven, insight-led options within the areas of individuals, danger and capital. Leveraging the worldwide view and native experience of our colleagues serving 140 international locations and markets, we assist organizations sharpen their technique, improve organizational resilience, encourage their workforce and maximize efficiency. Working shoulder to shoulder with our purchasers, we uncover alternatives for sustainable success-and present perspective that strikes you. Study extra at wtwco.com.

About Wellteq Digital Well being Inc.

Wellteq Digital Well being Inc. is a number one international supplier of customized digital well being and wellness options throughout the continuum of care. To be taught extra, go to http://www.wellteq.co.

Obtain the Wellteq Company Presentation: https://wellteq.co/about/buyers/

Wellteq Investor Contact:

Glen Akselrod
Bristol Investor Relations
E: [email protected]
T: (905) 326-1888

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