A new breakthrough in medical wearables: industrial chain upgrade

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At the just-concluded 2015 MWC Show (World Mobile Communications Conference), the popularity of wearable devices such as wristbands, watches and glasses has overshadowed mobile phones. The report released by the Kaisheng Index in February showed that medical wearable devices, as a hot segment of TMT, continued to rise in popularity and gradually approached the new upgrade of the industry chain. From concept to mainstream, what opportunities and challenges are there in this new blue ocean?

A new breakthrough in medical wearables: industrial chain upgrade

For medical wearables, consultants from leading professional knowledge service agency Kaisheng predict that hospitals will pay more attention to the measurement of incurable diseases in the future, and hospital equipment is more inclined to do some extreme tests. Medical equipment is costly due to data analysis of a large number of clinical trials. However, by using wearable devices to increase the consumption group of measurement devices, the cost can be reduced, which becomes a huge advantage of mobile medical treatment .

Kaisheng consultants said that the market for medical wearable devices needs to form a path through three steps - the development and improvement of equipment, the improvement of the back-office service system, and the approval and use of doctors. First of all, the basic principle of medical wearable devices is accuracy, because the hospital can only provide a basis for discrimination on an accurate basis. Secondly, most of the people who are interested in wearable devices today are health centers and clinics. There are more than 100,000 medical institutions in China, but only 2.4% of them are hospitals (including county hospitals), and the rest can be promoted for wearable devices, and the market potential is huge. Most of the hospitals below the county level in China do not have the advanced equipment owned by the top three hospitals. When the wearable equipment is provided free of charge to the users, the space is profitable by improving the background service system and collecting service fees. However, how to bring benefits to doctors, benefit them and promote their use will become the most difficult problem to solve now. When the accuracy of the medical data itself is guaranteed, how to ensure that doctors can make full use of these values ​​and practice with wearable devices still requires more targeted training and running-in. Because, to a large extent, the emergence of wearable devices will change the existing doctor-patient relationship, patients will have more say. For example, how to convince a patient that they believe that their wearable device data is at odds with each other requires doctors to adjust their existing practice.

In addition, the wearable market will become the next innovative blue ocean market, and the protection of health and privacy will also become a challenge. Because the computing power of mobile phones now far exceeds the computing power of a single monitor. When we put the sensor on the body, the phone can be manipulated and operated. But the problem of intellectual property is involved. If the software is on the mobile phone, it is easy to be cracked and pirated. So the model that can be tried in the future is that the sensor is on the body, traces or data is stored through the mobile phone, and then the data is sent to the background server, and finally the calculated diagnosis result is sent back.

If 2013 is the burgeoning year for wearable devices, 2014 is the year of rapid development of wearable devices. Nowadays, in 2015, smart wearable devices are showing a trend of blooming and singularity. The release of Apple Watch will become an engine to promote the development of this industry, promote its technological advancement, increase the reshuffle of the industry market, gather more power to study and pay attention to how to make this data truly and correctly play its value. .

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