Top 10 Healthcare Devices
The iBGStar is the first gadget of its kind; a portable glucose monitor which attaches to an iPhone or iPod Touch to enable users to manage, monitor and control their diabetes on-the-go.
iBGStar plugs into the bottom of an Apple device and the technology is based on commonly-used BGMs (blood glucose monitors) which prick the finger to draw blood. It also comes with a free Diabetes Manager app which can track and analyse the patient’s glucose levels.
It shows trends and variations in blood sugar levels, along with information such as the user’s intake of carbohydrates, the amount of exercise they have done and the frequency of their insulin injections. Using their iPhone or iPod, they can then share the data with their doctor.
iBGStar is also availablein countries across Europe, including France, Germany, Spain, Italy, The Netherlands, Switzerland and the UK.
2. Nike+ FuelBand
Packaged as a stylish wristband, the Nike+ FuelBand monitors the user’s daily activity and translates each movement into ‘Nike Fuel’. Users set a Daily Goal as to how much Nike Fuel they want to earn and their progress displays on the wristband throughout the day. It also shows how many calories they have burned.
3. Zombies, Run!
Although it is one of thousands of health and fitness smartphone apps, the concept of Zombies, Run! undoubtedly makes it the coolest and it is a firm favourite with jogging addicts. You are transported to a post-apocalyptic world and are given instructions to run in real life to escape from blood-thirsty zombies.
4. Xbox Kinect
Xbox’s answer to the Wii Fit, the Kinect is more advanced than its rival; it is able to detect the user’s 3D body movements hence there is no need for a hand-held controller. It also takes health a little further than the Wii Fit as it can track heart rate and the number of calories burned.
5. Nintendo Wii Fit
Nintendo’s Wii Fit was the first gadget that turned gaming into a feasible method of exercise. Since then, the enhanced Wii Fit Plus has been released and Wii games that focus solely on exercise, such as Zumba and Just Dance, are incredibly popular all over the world, offering users the comfort of at-home workouts.
6. Jawbone’s UP
There was a lot of interest in Jawbone’s first foray into the health and wellness market when it released its ‘UP’ healthy living wristband in November 2011. The wristband comes with an accompanying iPhone app and together the two are able to track the wearer’s eating and sleeping habits along with they’re activity levels.
7. Hydracoach Intelligent Water Bottle
Probably the most technical water bottle on the planet, this gadget ensures people drink enough water to keep themselves sufficiently hydrated during exercise. It reminds people when to drink, monitors how much water they consume and advises them on how much they should be drinking based on their weight and the amount of exercise they do.
8. Talking Dumbbells
Talking dumbbells are like having a personal trainer with you during every workout, offering motivation and encouragement just as you start to feel your workout burning. Out loud they count the number of repetitions you have done and afterwards they can relay the number of lifts per minute and the number of calories burned.
9. iHealth Blood Pressure Dock
This is the first-ever blood pressure monitoring system for Apple’s iPhone, iPad and iPad Touch. In addition to the blood pressure dock it also comes with an accompanying app which allows users to track their blood pressure and analyses their results using interactive graphs, statistics and classifications from the World Health Organisation.
10. Nightwave Sleep Assistant
The Nightwave Sleep Assistant is the gadget alternative to a sleeping tablet. It shines a soft, pulsating blue light onto the ceiling which users should try and synchronise their breathing to when they are in bed. Gradually the pulsating light slows down and the Nightwave turns itself off just as the user falls to sleep.
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Top 10 healthcare innovations for 2019
We take a look at some of the top 10 healthcare innovations which are transforming the sector
The telehealth market is booming. Consumers are leading increasingly busy lifestyles, with up to 60% favouring digitally-led services. Providing clinical care at a distance, increasing accessibility and eradicating potential delays has given patients greater control, boosting patient satisfaction and overall engagement. Such is its exponential growth, The Centers for Medicare and Medicaid Services in the US has recently released its proposed Physician Fee Schedule and Qualified Payment Programme updates for 2019, where telehealth services has been heavily featured, in order to deliver ‘different access points’ for patients.
9. Mobile technology
Consumers have become accustomed to accessing their data through the use of various digital tools, where the use of mobile and tablet health apps has tripled from 13% in 2014 to 48% today. Catering to this growing market, British based start-up Babylon Health is making waves on a global scale. Partnering with the National Health Service (NHS) and private health provider, Bupa, it has also cemented its presence across the flourishing Chinese market, with a membership base exceeding 1.4mn citizens across Europe, Asia and Africa. By partnering with global juggernaut Tencent, Babylon’s artificial intelligence system has enabled both parties to interact directly with users, identify specific illnesses, deliver health status assessments, and triage necessary actions. The mobile app is available to over a billion users and linked to more than 38,000 medical facilities in China alone.
8. Artificial intelligence
Artificial intelligence (AI) applications, such as predictive analytics for patient monitoring has provided significant financial savings. Applications that target hospitals and medical institutions include patient monitoring and transcribing notes for electronic health records (EHRs). The European Union is set to invest $24bn into artificial intelligence (AI) by 2020 in a bid to catch up with Asia and the US, who have invested heavily in AI and cloud services. This year, Google revealed its plans to harness AI and machine learning across a multitude of consumer technologies, particularly in healthcare. “If AI can shape healthcare, it has to work through the regulations of healthcare. In fact, I see that as one of the biggest areas where the benefits will play out for the next 10-20 years,” Google CEO Sundar Pichai has previously stated.
Blockchain is estimated to reach over $5.61bn by the end of 2025, even though it remains dependent on the ability to record and store information conveniently, economically and securely amongst different applications and systems. Providing transparency and eliminating third-party intermediaries, processes are streamlined, reducing healthcare costs exponentially. Unlocking the ability for providers to deliver a value-based healthcare system and enhance patient engagement, blockchain could save the industry up to $100-$150bn per year by 2025 in data breach-related costs, IT costs, operations costs, support function costs and personnel costs, according to BIS Research. Partnering with pharmaceutical giant GlaxoSmithKline (GSK), Ethereum blockchain-based supply chain platform, Viant sought to accelerate the pace of blockchain-based supply chain systems. Accenture and supply chain giant DHL have also developed a blockchain-based serialisation prototype which tracks pharmaceuticals from the point of origin to the consumer.
6. Health wearables
With the rise of lifestyle diseases, such as diabetes, more consumers are turning to health wearables that monitor glucose, heart rate, physical activity and sleep to gain a greater understanding of their health conditions. Following on from the release of the first Bluetooth headset back in 2000, the growing interest in wearables has seen monitoring our health and data become standardised. This data can be analysed by sophisticated algorithms to drive long-term diagnosis and support. Partnering with Google, health wearables company Fitbit is exploring the development of consumer and enterprise health solutions. Its acquisition of HIPAA-compliant health platform, Twine Health has seen the business enhance its clinical services by bringing on board a coaching platform, empowering people to seek better health outcomes.
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5. Electronic health records tools
From 2018-2022, the electronic health records (EHR) market is expected to grow at a compound average rate of 6% per year Providers and organisations continue to house fragmented technologies which create barriers towards collaboration and data sharing opportunities. This is further exacerbated if a patient straddles both public and private healthcare. Technology giant Apple has integrated patients’ medical records into its Health App as part of its iOS 11.3 beta. The data is encrypted and protected with the user’s iPhone passcode. Partnering with hospital providers and clinics, patients are now able to view their medical records from multiple providers within one platform. Johns Hopkins Medicine, Cedars-Sinai, Penn Medicine, UC San Diego Health and even the Cleveland Clinic have implemented this technology.
4. Healthcare transportation
Non-emergency health transportation remains a key issue worldwide, preventing patients from getting to or from a doctor’s appointment. 25% of lower-income patients have missed or rescheduled appointments due to lack of transportation, costing US health systems up to $150bn each year. Transportation companies such as Lyft and Uber have therefore entered the market by partnering with state governments to reduce these costs and deliver personalised patient care.
3. 3D Printing
Healthcare providers are set to represent the second largest industry sector in 3D manufacturing. The Food & Drug Administration’s decision to release its first comprehensive framework advising manufacturers of 3D medical products highlights its growing impact where more than 100,000 knee replacement surgeries are completed each year using 3D-printed, patient-matched surgical guides, for example. Through this process, surfaces and structures can be optimised for strength, weight and material use. Consultation between surgeons and patients has also been bolstered, where patients can better understand the complexity of his or her specific needs.
As consumers get more involved in the management of their health, consumer genetics and research companies have grown in popularity and scale. People want to further understand their genetic makeup, leading personal genomics and biotech company 23andMe to become one of the largest consumer-based organisations worldwide. Interestingly, this year, the company has entered a four-year collaboration with GSK to develop new treatments, but using human genetics as the basis for discovery.
Not only looking to develop treatments by analysing human genetics, pharmaceutical companies are looking to even remove hereditary genes which pass diseases down generations. In 2017, human embryos were successfully ‘edited’ through gene editing tool, CRISPR (Clustered, Regularly Interspaced, Short Palindromic Repeats), eradicating hypertrophic cardiomyopathy within 42 embryos.
1. Vertical integrations
As healthcare providers aim to provide greater transparency, promote collaboration and lower escalating patient costs, 2018 has been the year for a significant number of vertical integrations. CVS Health’s $68mn takeover of health insurer Aetna is a case in point. By influencing more of the supply chain, it will gain significant negotiating power to reduce costs for payers and patients, develop personalised solutions and improve overall outcomes. It will also promote the eradication of delays in process by removing any third parties within traditional business models. Other notable integrations are Optum’s acquisition of the DaVita Medical Group, Humana and Kindred Healthcare and Cigna and Express Scripts.
Reports have indicated that not only has the number of healthcare deals more than doubled in the last five years, the size of deals has also grown as a result of repeat investor interest, highlighting that this trend is here to stay.