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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
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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