The future of wearable (medical) technologies: What consumers want George Kenneth Lewis, Ph.D. Founder and CSO.

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Presentation transcript:

The future of wearable (medical) technologies: What consumers want George Kenneth Lewis, Ph.D. Founder and CSO

The future of wearable (medical) technologies: What consumers want George Kenneth Lewis, Ph.D. Founder and CSO Eric Kolb, MS Director of Engineering

Majority of users abandon their devices within 3-6 months Market likely to contract within next five years

Sense Track Diagnose Treat

Patient  Provider  Payer Benefit Cost

Patient  Provider  Payer Insights  altered habits Feedback  motivation Empowerment Early intervention Healthier Lower cost Greater access

Sustained acoustic medicine Wearable ultrasound Mechanical and thermal benefits 4 hours of continuous treatment FDA cleared 1 st to market

More data Objective data Personalized Quantifiable responses to intervention Improved compliance Improved efficiency Patient  Provider  Payer

TraditionalWearable

Early intervention Healthier subscribers At home use 3 rd World markets Chronic conditions Patient  Provider  Payer

So you want to develop a wearable medical device…..

Thermal Power Generation Flexible Display Flexible Battery

Flexible Circuits Circuit Tattoos Electronic Textiles

Microelectronics Kinematic Power Generation Cloud Computing

What do consumers want…

What does the healthcare system want…

Exceptional outcomes Clinical data Insurers pay Convenient Easy to use Integrated Security/privacy Attractive

Cardiac Sensor (Isansys) Epilepsy Monitor (Artefact) Insulin Pumps (Medtronic) Glucose Monitor (Echo)

Imec Metria (Avery Denison) Mimo Moticon

Smart Diapers (Pixie Scientific) Posture Sensor (UpRight) Concussion Monitoring (FITGuard)

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