@prabhakar, I agree that this is a good thing. The fact that is most impressive to me is that this is "medical grade". That means that a professional device can be had at a fraction of the price--and quite readily. I hope we'll see more of this type of thing.
The medical electronics market is expected to reach US$372.4 billion by 2018 primarily supported by the application sectors monitoring & surgical systems, imaging systems, diagnostics and medical therapeutics. Globally, medical therapeutics and imaging systems together account for approximately 52.9% of the market and are expected to support the medical electronics industry going forward. Geographical analysis shows that the highest Compounded Annual Growth Rate (CAGR) of 17.2% is anticipated from Asia-Pacific region during the analysis period, 2011-2018. Among the application sectors, monitoring & surgical systems account for the largest share of the entire market, driving a CAGR of 13.4% during the analysis period 2011-2018. Imaging Systems see as the fastest growing application with a forecast CAGR of approximately 16.9% by 2018. Along with the fast growth and rapid advancement in technology related to healthcare industry, the medical electronics expectations have increased innovatively for large numbers of incurable disease.
I found myself wondering wonder how much of this is mobile devices. According to a new estimate released a few days ago by ReportsnReports.com the total market will account for $9 billion in 2014. More impressive: The report estimates growth at a CAGR of nearly 40% over the next 6 years.
This would be one of the most advantageous use of technology for human beings. There are many countries where healthcare is not available to masses. But people can easily afford a smartphone, this would be very useful. And the transport is also not good that woman can go out to the clinic so this will be defintely be a great help.
THis is true. The equipment of such kind is not available in remote villages and if such App is available on a smart phone interface trhen even the semi trained staff at the rural health centers will be able to provide the necessary assistance to the needy paitents , in emergency situations.
I think organizations like WHO should fund such projects.
The Other Tesla David Blaza5 comments I find myself going to Kickstarter and Indiegogo on a regular basis these days because they have become real innovation marketplaces. As far as I'm concerned, this is where a lot of cool ...