Mobile Health Tech Has the Power to Transform Quality of Care
Christian Stammel, founder and CEO of WT Wearable Technologies, sees more barriers for developers where health care app development is concerned because few fitness devices are being medically certified, which he interprets as fewer opportunities for health care developers. He said the fitness market is totally open for developers because there is less FDA restriction and fewer regulatory hurdles.
Enterprise: Create Value for the Patient
Munos said that there is a tendency in the tech world for companies to rush to market early with a product and then pray that people buy it. Instead, he suggested doing thorough market research with actual patients to find out what they need and might like. Take, for example, multiple sclerosis: Physicians like to track microscopic lesions, but patients care about mobility. Track mobility.
Stammel's take is similar to Munos'. He advised health care and fitness companies wanting to break into the market to start with the engineering component. "To the fitness companies, I say start with your engineering process so that later on your invention can obtain medical certification if you need it," he recommended. "To medical companies, I recommend they try to prevent designing devices that look like they come from the 'illness factor,' like products for ill people. They need to design their products to be more stylish without sacrificing functionality, so users find value and will also want to wear them because they're well-designed."
First launched in 2009, WT Wearable Technologies Innovation World Cup is now a major competition in the field of wearable technologies. Contestants include developers, startups and researchers from all over the world. Entries are for accepted in the wearables, IMT and cloud areas. The competition categories include Sports & Fitness, Healthcare & Wellness, Gaming & Lifestyle, and Safety & Security. Special categories include Smart Clothing and Smart Jewelry.
Back to the Future
The impact of mobile health, wearable and sensor technology and apps on society will be huge. "There have been life-changing inventions like the personal computer, Internet and smartphone in the past. These technologies may be the next major life evolver," noted Munos.
They could reduce insurance costs by as much as 80 percent.
"Let's sit down with patients, find out what sort of data would be useful to them, and come up with something that will help them manage their health or disease," Munos said. "If we do that, not only will they endorse the solution, they'll help make it happen."