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Huawei develops, produces, and sells medical devices
A few days ago, the Guangdong Provincial Food and Drug Administration officially announced the "List of Products Approved for the Pilot Program of Medical Device Registrant System in Guangdong Province" (as of August 2, 2021).
Today, the company’s news shows that: Huawei’s terminal company is owned by Huawei, with a registered capital of RMB 60 million.
He Gang, president of Huawei’s consumer business mobile phone product line, said that Huawei has been continuously cultivating in the health field and is committed to bringing more professional health services to everyone.
Huawei has also broken through the continuous body temperature detection technology based on smart wear, and is conducting joint research on smart body temperature to achieve abnormal body temperature screening
Giants want to fight to the end in the new field of medical equipment
In recent years, Internet giants such as Amazon, Microsoft, Google, Kuaishou, and BAT have successively entered medical equipment.
So what is the scale of the wearable device market that these industry leaders have deployed?
international market
In recent years, the scale of the global wearable device market has been increasing year by year, and the growth rate has fluctuated around 20%
The broad market size has promoted the entry of head companies into the wearable medical device market.
On August 27, 2020, the technology giant Amazon released a smart bracelet called "Halo", which is mainly used for health and fitness tracking
Domestic field
Medical equipment is a must-go for the rise of China's manufacturing industry and the realization of domestic substitution
In 2020, the "Power of China" in wearable health devices has added several potential stocks such as OPPO, VIVO and Goertek
OPPO released its first wearable smart device OPPO Watch in March 2020, which can realize 24-hour heart rate monitoring and abnormal heart rate reminders, as well as real-time exercise monitoring
VIVO also responded quickly
NMPA wearable device certification list in recent years
List of FDA wearable device certifications in recent years
Kuaishou has already made some moves in the medical business earlier
ByteDance In May 2020, ByteDance completed the wholly-owned acquisition of a well-known Baike doctor at a consideration of 500 million yuan.
Coincidentally, Tencent, the leader of BAT, has also successfully obtained a Class II medical device registration certificate through Tencent Healthcare (Shenzhen) Co.
The market is changing rapidly
In wearable devices, multiple parameters can usually be measured, such as heart rate, activity, skin impedance, oxygen saturation, and body temperature
.
Why use a separate chip or sensor for each measurement? This will increase the size of the entire circuit board, the power required, and of course the total cost of the system
.
Using a chip like ADPD4000, you can create a very energy-saving, small-sized, cost-effective and wearable VSM system
.
Summarize:
The medical market in the past was doctor-centric, which meant that we used to go to the doctor only when we felt uncomfortable or had a more obvious health problem, such as after an accident
.
The development of new technologies (especially the electronics industry) has had a huge impact on the entire medical market, while also creating a more patient-centric approach
.
We can start treatment before certain diseases develop and cause permanent damage to the body
.
There are many people with high blood pressure, and wearable devices that monitor key vital sign parameters can often save lives or prevent health events that may cause permanent damage
.
Diabetes patients can continuously measure blood glucose levels throughout the day through wearable sensing technology, while the insulin pump will inject the required insulin to maintain the normal blood glucose range
.
Since this is a closed-loop method, it will reduce the burden on consumers (or patients)
.
Facts have proved that the new scientific and technological medical treatment will have a significant impact on daily life
.
Whether in terms of preventive measures, or in terms of confirmed patients of a certain disease, the new technologies (especially wearable devices) of Huawei and Xiaomi technology companies are of great benefit
.