4 ms·

Healthcare is still on the table.

• rrrrrrrrrrrryan 3y ago
  Healthcare is even more heavily regulated than the auto industry. Generally, the closer you are to "people will die if this code has a bug," the more regulated the industry. People that don't work in a heavily regulated space vastly underestimate the constraints. It's hard enough to create a product that's beautiful and works well at a price point that the market will bear, but it's often near-impossible to do all this while also complying with all the regulations of all the markets in which you intend to sell your product. It takes a tremendous amount of commitment, money, and time, and companies that aren't used to working within snail's pace regulatory environments quickly lose focus and the projects sputter out.
  • vikramkr 3y ago
    And apple successfully got wearable health monitoring in their watch to be a thing and got 510(k) clearance as a class 2 medical device etc. They're already big players in health even if not marketed that way.