News & Trends - MedTech & Diagnostics
Medtech to manufacture wearable monitoring device locally

MedTech News: Melbourne-based medical technology company will locally manufacture its world-first medical grade wearable monitoring device after a decade of manufacturing offshore.
The Victorian Government has supported Compumedics to establish a series of automated production lines at its global headquarters in Abbotsford, allowing the company to expand its manufacturing capabilities.
Somfit is a small, affordable, cloud-based patient monitoring system worn on the forehead, chest and wrist that remotely monitors sleep and medical conditions including non-hospitalised COVID-19, mental health disorders and occupational health needs.
It will give hospitals and health facilities the ability to remotely monitor patients with medical conditions including non-hospitalised COVID-19, mental health disorders and occupational health needs at home – freeing up public hospital beds and health professionals’ time.
The project is the first large volume manufacturing of wearable medical grade technology in Australia and will create new local jobs in engineering, design and ICT.
Producing Somfit here in Victoria will expand the state’s advanced manufacturing capabilities, boost local supply chains and enhance export capacity, which is estimated to reach up to $60 million over five years for the device.
The Victorian Government is driving growth in Victoria’s medical technology manufacturing sector through the $2 billion Breakthrough Victoria Fund and the $20 million Australian MedTech Manufacturing Centre to be established in Melbourne.
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