digital health: opportunities for emerging markets
TRANSCRIPT
DigitalHealth
EddyLee,PhD
OpportunitiesinEmergingMarkets
@eddysmlee
Most important room at home…
The connected bathroom
Complete urinary analysis
Philips toothbrush
Connected toothbrush
Kitchen
Connected fridgeScalesCameras that sense what we eat
The connected kitchen
Connected fridgeScalesCameras that sense what we eat
Coffee machine that knows you
Kitchen
Connected fridgeScalesCameras that sense what we eat
Know how you eat
Tremor cancellation
Video:https://www.youtube.com/watch?v=DBs2-omkdAI
3D Accelerometer Heart Rate GPS
Wearables for fitness tracking
Wearables some babies need
Wearables nobody needs
Wearables before they are born
Wearables for Chronic Disease
Ingestibles that talk to your doctor
Trends
GenomicsSingularity
Trends in Health Technology
Electronic tattoo, continuous monitoring
Measure vital signs, anywhere
Video:https://youtu.be/r9bLZFxTb_0
Brain monitoring
Brain augmentation
Wearables for the aged
Exoskeleton that helps elderly
Stock price surged 178% on opening day
Physical augmentation
Personalized
Software eats the world
Huge industry
Emerging market op
Low population density vs Cell phone penetration & First computer is a cell phoneLow LTV vs Social word of mouth (Facebook, Twitter)Low insurnace coverage vs Filial Piety (OurHealthMate, Regalii)Infrastructural restriction vs mesh networks, open source 3G tower
The Opportunities…
Asia’s two-tier markets
Asia’s two-tier markets
20 million premature births per year
… 450 deaths per hour
Low cost incubators
OBGYN ultrasound scans
OBGYN ultrasound scans
Other Frugal Innovations
Source:MediaExploit2015,A*StarbyJuliendeSalaberry
Emerging market op
Low population density vs Cell phone penetration & First computer is a cell phoneLow LTV vs Social word of mouth (Facebook, Twitter)Low insurnace coverage vs Filial Piety (OurHealthMate, Regalii)Infrastructural restriction vs mesh networks, open source 3G tower
Low population density
Enormous cell phone penetration
Emerging market op
Low population density vs Cell phone penetration & First computer is a cell phoneLow LTV vs Social word of mouth (Facebook, Twitter)Low insurnace coverage vs Filial Piety (OurHealthMate, Regalii)Infrastructural restriction vs mesh networks, open source 3G tower
Low digital ad convertsAmazing word of mouth
Emerging market op
Low population density vs Cell phone penetration & First computer is a cell phoneLow LTV vs Social word of mouth (Facebook, Twitter)Low insurnace coverage vs Filial Piety (OurHealthMate, Regalii)Infrastructural restriction vs mesh networks, open source 3G tower
Low insurance coverageUnique child-parent care
Needed: Cognition Science
Complement relationship with techLack of trust of local doctors
Emerging market opHard to find technical talent
Outsource (with caution)
Take home
Look beyond health tech hype
Business model innovation for target market
Price pressure can evolve global champions
BiosEddy Lee, PhDHead of Investments at Fenox Venture CapitalConsulting Professor at Stanford University
Eddy Lee, PhD invests in IT and Health Tech startups. To date, he has invested in more than 50 startups predominately in the US, Singapore and Indonesia. Investment areas include mobile health, big data and marketplaces. Apart from establishing enterprise partnerships, supporting product development, and enabling M&A exits of portfolio companies, Eddy helps startups enter international markets such as the US, Japan, Singapore and Indonesia. He is also a board member at Sense.ly which provides virtual doctor consultation.
At a concurrent appointment at Stanford University, Eddy serves as a Consulting Professor at the School of Medicine, where he connects academic projects with commercial opportunities. During his research career at Stanford, Singapore and Australia, he devised medical imaging technology for visualizing stem cell migration and therapy. And while at Marvell and Lucent, he designed semiconductor circuits for high speed communications.
Eddy completed a post-doctoral fellowship at Stanford University, and holds a Ph.D in Bioengineering and a B.Eng in Electrical Engineering. He has been an invited speaker at international conferences.
Thankyou
EddyLee,PhDCoffeeVentures