Objective:
Our objective is the create a small wearable device, similar to a ring or bracelet that will allow for the monitoring of heart rates, oxygen levels, blood pressure and irregular heart rhythms as well as log them via an app.
Background
The target audience for this product would be the elderly crowd. My grandmother has been the picture of health her whole life, but as she aged so did her heart. Suddenly, one afternoon she suffered a cardiac event and the result of which was 4 surgeries, weeks stuck in a hospital bed and a month of rehab to re-learn to walk. She had a heart monitor surgically implanted before these events occurred but those results where sent straight to a doctor and not ever person can withstand surgeries as they get older. Imagine if this data could've been sent to any of her devices, and allowed her to be more prepared for what was to occur or event prevent it.
Methodology
Single read finger monitors already exist in the medical field and are commercially available. You simply put them on a finger and using two wavelengths of light sent through your finger we are able to read someone's heartrate and oxygen levels. We would use this technology as our base for heart rate and oxygen as it can easily be implemented into a wearable device. In addition to heart rate we can use the data given from the wavelengths to detect irregular rhythms in heart rate and even map out the wearers rhythms for them and send it directly to any device. Blood pressure can also be measured via the wearable ring by a soft inflatable tube that can work similarly to the blood pressure machines that use your arms. It is recognized by the American Heart Association that finger read blood pressure monitors are less accurate, however even if the data isn't as accurate it would be nice to receive some type of look at where your health stands and on a smaller less invasive scale.
Expected results
We would expect the product to be commercially available within pharmaceutical stores, such as Walgreens and CVS. In addition we would hope to achieve a small wearable device that is able to remotely send health information to its users so they can be more regularly informed about their health as well as have it logged for them for future medical reference
Costs
Ideal commercial price would be below $100. Research, marketing and product testing costs will be expected to be around $200,000