Fitness wearable device market is saturated with good medical rehabilitation prospects

In fact, the most urgent need to benefit from wearable devices: the elderly, chronically ill patients and the poor have long been ignored. Indeed, in dealing with bureaucracies such as the Food and Drug Administration, developers seem to be more inclined to help the rich and geeks shape the abdominal muscles and create a body shape compared to policies such as the US Medical Electronic Act (HIPPA). This can be seen as a failure of technology companies in the development of innovation: The annual medical expenses of chronic diseases in the United States amount to two trillion US dollars, and the market size should not be underestimated. The medical market is in the blue ocean, and once wearable devices are involved in the health care system, they will lead a revolution.

Smart Hardware and Guest Perspectives at Wearables + Things Conference in Washington, DC

On October 20th and 21st, at the two-day Wearables+Things conference in Washington, DC, participants saw various promotional gimmicks from manufacturers such as Fitbits and Jawbones and Augmented Reality Spectacles.

Peter Li, a 20-year-old investor, studied at the Johns Hopkins University School of Biomedical Engineering. He showed the audience a fitness watch that accurately counts the number of push-ups and kicks. Nike's chief scientist expressed disdain for the biometric data collected by the smart bracelet: he believes that walking steps, body temperature and blood oxygen content have little to do with athletic performance; at the same time, he emphasizes intelligent computing in analyzing human functions. The importance of it. Adidas has introduced a heart rate monitor that can be clipped to a biometric sports bra.

Qualcomm Life Inc. is a wholly-owned subsidiary of Qualcomm, which was founded in 2011. Some of its businesses are responsible for the production of semiconductor devices that support wearable devices. Its business development director, Kabir Kasagood, then made his comments. Kasagood advises developers not to struggle in a frantic activity tracking device market. He said developers should adapt to bureaucracy as early as possible, prepare for friction with government regulators, and believe that developers entering the healthcare industry will be The general trend of the industry.

Kasagood said: "Developers should leave the children's table and go to the adult's dinner. If you are determined to do this, you should study the operation guidelines of the SFDA, understand the medical electronic bill, and ensure that the electronic medical records are accurately linked. All health laws act. The medical market is not innovative enough. I am willing to leave the fitness field and focus on medical services because there are markets and profits."

The response of the audience was relatively dull. After all, regulatory regulations are overwhelming, and clinical trials are time-consuming, and synthesizing with older systems is no easy task, not to mention the various security requirements and restrictions imposed on monetized user data. It seems to confirm this, iStrategy Labs showed Dorothy in a few minutes, a smart shoe clip, which can be called by Uber as long as the heel is three times. Dorothy has become a highlight of the conference so far and has been reported by Good Morning America.

Wearable device development encounters bottlenecks

As of September 30, there were 266 wearable devices on the market (including 188 fitness wearable devices), 23 of which have been removed. From Silicon Valley to San Francisco, from Austin to MIT, young, healthy, highly educated, male-dominated entrepreneurs are keen to develop applications that are not too big for practical use, and that their target audience is with them. People with the same background. Indeed, from personal computers to the Internet, social media, the beginning and development of most of the information technologies we use today follow a similar path: the original geeks independently developed technology, and then accepted by early adopters, and finally the impact gradually expanded, and even Even his mother became a user of his products. Silicon Valley predicts that the development of healthcare and fitness equipment will follow the same trajectory.

If earning money is the ultimate goal of developers, and they understand the audience that needs to rely on medical equipment to maintain health, then the previous speculations will not break. The popularity of wearable devices is different from the Internet and smartphones. Half of the US consumers who have fitness tracking devices no longer use these devices; one-third of the users will be shelved or given away to relatives and friends after less than half a year of use.

Polling agency data points to the field of medical rehabilitation for the sustainable development of intelligent hardware

So, what kind of people will keep a long-term concern and test their own health problems? Those who have more than two chronic diseases. According to survey data from the Pew Foundation, an independent US polling agency, 45% of American adults have at least one chronic disease, and less than 19% of non-chronic users are monitoring their health. People with a chronic disease accounted for 40% of this behavior, and 62% of people with two chronic diseases and more tracked their health indicators. If you multiply the sales of all fitness bracelets and smart watches sold in 2014 by six, it is still much lower than the $6.3 billion in sales in the US blood glucose test strip market.

Only patients with chronic diseases will not be abandoned. They won't buy because of the freshness of the map, and give up after a while. Services such as detection and tracking provided by smart medical devices keep patients away from the ward, so they are a stable customer base. But there are always programmers who would rather gather to play a cool event like “Hacking Marathon” and are not willing to innovate and develop some products with medical value, even though such innovative products have great market value.

Sometimes, you need to think about whether the resistance to developers is from friction with the medical regulatory system, or for the 20-year-old engineers, for the disease patients, a group of people who are not particularly interested in research and development. The product is not attractive enough? For patients with overweight diabetes, and serious amnesia, the development of products for the elderly who are weak, is it not as good as the consumers of smart bracelets, those high-end health care, fitness people to create smart devices with motivation?

As the population ages, the medical expenses of chronic diseases are dragging down economic growth. Can innovative developers rise to the challenge and rise to meet this social challenge? Or, the so-called technology and innovation, is it just to create a shoe that can be used to take a taxi three times?

Chaff cutter

Shandong Longze Mechanical Equipment Co.,Ltd , https://www.pelletmachinefactory.com