A quick primer on the key problems to solve in Australia when it comes to emerging IoT/Wearble technology.

1. IoT and Wearables in
Healthcare
What problem are we solving?
Alex Young
Founder, Health Startups Asia

2. The Why

3. 90%
of deaths in Australia were caused
by chronic disease in 2011
Source:
Australian
Ins1tute
of
Health
and
Welfare
2014

4. “While not solely related to behavioural
factors in all cases, they can be heavily
linked to smoking, physical inactivity, poor
nutrition and the harmful use of alcohol”
David Kalisch, AIHW Director & Chief Executive

5. 63%
Australian adults are overweight or obese
Source:
Australian
Ins1tute
of
Health
and
Welfare
2014

6. 60%
of Australians do not exercise enough
Source:
Australian
Ins1tute
of
Health
and
Welfare
2014

7. 92%
of
Australians
don’t
eat
enough
vegetables
Source:
Australian
Ins1tute
of
Health
and
Welfare
2014

8. The How

9. Collect data to better understand
our health, behaviour or symptoms with the
intent to use that data to modify behaviour
or diagnose symptoms.

10. The What

11. Healthcare Journey
Prevention
Diagnosis
Treatment
Condition
Management

12. Prevention

13. Prevention

14. Prevention

15. Prevention

16. Diagnosis

17. Treatment

18. Treatment

19. Treatment

20. Management

21. Management

22. Challenges
1. Healthtech is a relatively immature market
2. Validating claims is timely and expensive
3. Sales into traditional healthcare is tough
4. Healthcare is highly regulated (TGA/FDA)
5. Healthtech has a prolonged incubation and trial
period
6. Difficult to MVP

23. “Although we live longer these days,
one of the disadvantages is that people
may be living longer with incurable and
often debilitating diseases.”
Dr Ian Boyd, Chief Medical Officer, Medibank

24. Alex Young
Founder, Health Startups Asia
alex@healthstartups.asia