Now that the fintech (finance technology), foodtech and e-commerce startups have started facing the brunt, it is time for startups to explore a new area. Over a period of time, people have started working to build medtech (medicine technology) startups. MobilECG is one of them.
MobilECG is a diagnostic device that provides you with an electrocardiograph instantly.
In a post shared by the developers on 9gag caught the eye of thousands of users around the globe. The post has already been shared by more than 39,000 users. The short video is just the company’s business card which also doubles up as a heart rate monitor.
To take a closer look at the device, we headed over to the developers website and found that the company is working on providing a Mobile ECG solution. The device, which is expected to cost in the range of $150-$250 (where the value of similar machine today is close to $1500) will be made available to everyone. What’s even better is the fact that the developers have made the hardware as well as the software of the device absolutely open source. The means that anybody can develop their own MobilECG if they like. which will be affordable and
The beauty of MobilECG doesn’t lie only in its affordability but also its ability to provide updates to the user on a smartphone or tablet. Also, it will be able to provide doctors real-time updates about the result of the ECG! Even though the product is still a prototype, the advantages of the device for the patients as well as the doctors are good enough to take it to production.
The company explains their idea in the video below:
The product which is expected to be released sometime in 2016 appears to be a God send. Especially in a country like India where the ratio of the number of patients to the number of machines available is dauntingly high. MobilECG should find a suitor who will be willing to partner up or build the device using the open source tech provided on the original developer’s website.
Do you think that the next bubble will be in MedTech or medicine and technology? Do let us know in the comment section below.