6 ms·
This is amazing, and it's so frustrating that you have not got all your funding. I am Male, 38, a geek and overweight. In the last few years started having he
by woodylondon 13y ago
This is amazing, and it's so frustrating that you have not got all your funding.
I am Male, 38, a geek and overweight. In the last few years started having heart issues and had many 7 day event monitors. However, never managed to capture what my issue was. Each 7 day event monitor cost my medical insurance £3k! (In the UK). I spent hours on google researching and understanding arrhythmia. Most are benign, but not all.
What most people don't know is that an ECG machine or event monitor is all well and good, but for a lot of problems it needs to be attached when you have the incident. I have only had 5 incidents in 3 years. They could be harmless or they cloud kill me, but until you find out what they are its impossible to tell.
If this was on the market I would buy it, anyone that has had heart issues would know how important something like this is to get built and delivered into the market. The problem is, most people won't know they need this until later in life if at all.
Don't give up, please get this to market devices like this will save lives or at the very least reduce anxiety of people going through their first heart health issues to get a diagnosis of the problem.
Good luck!
- tibbon 13y agoI too had a reason to wear an event monitor and the things were expensive, silly, poorly thought out and just poorly made. Thousands of dollars for something that has to phone home using a land line? I asked the doctor why there wasn't something cheaper that did this better. He had no idea. How companies can charge this much for simple devices is beyond me. They aren't that complex...
- vacri 13y agoThere is a lot of money in cardiology. Cardiology has a lot of patients that are older and wealthier. Cardiology and cancer get a lot of research grants, because the people who control the purse strings are older, wealthier folks. Conversely, there is hardly any money in mental illness. Mental illness has a lot of patients that are younger and impoverished. Anyway, making medical equipment isn't something that's just one step above a breadboard. Have a look at the article again - to get the regulatory stamps, for someone who's willing to sell at zero profit, will take $230k. For one product. Throw a lot of infrastructure around that, and it's easy to see how medical hardware costs a lot. Especially given that it's generally pretty low turnover. Sure, there's a nice amount of fat in there, but you get that in industries with a high barrier to entry.
- kakoni 13y agoOh this reminds of recent startup-conf, where health was(or should I say is) the next big thing. Premium-VC investor on stage was saying that if the product is regulated(=medical device classification) then they are not interested.