Market Snapshot:

Wearable and Lifestyle Sensors in the New HealthcareJune 25, 2014

Mirena BagurMITEF LifeScience/Healthcare CircleCONTeXO Group, www.contexogroup.comHMS/MIT Adjunct Lecturer, www.hst921.org@mirenabagur

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Market Pulse: 01/14 Survey

@mitefcmb, @mirenabagur #MITEFSource: EmergoGroup

• Survey of 3900 Med Dev Professionals World Wide

• Nearly 75% of respondents reported "somewhat positive" or "very positive" outlooks for 2014, compared to 71% in 2013.

Changing Definitions• Medical, clinical, consumer,

wearable

• “Wearable technology is a modular ecosystem.

• All three of these components must be connected to one another, and at least one of them must be wearable, edible, or otherwise attached to or within the body.”

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Source: Deloitte Digital

The Market

• The market pundits (in Q1 2014):

– ABI Research: • In 2013, wearables transitioned fully from concept to reality, and 2014

is seeing multiple new entrants to the market and rapidly growing consumer interest.

• this year close to 42 million wearable wireless sports, fitness and wellness devices will ship worldwide.

– Deloitte: • 2014 may be the year of wearable devices.

• Taken together, the global market for smart glasses, activity monitors and smart watches could reach 10 million devices and $3 billion in revenue in 2014.

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Recent announcements:• The Giants (all in last few weeks):

– Samsung SAMI: fitness framework

– Apple Health Kit: service to collect

– Google Fit: health tracking platform for med devices to be announced6/25

• The Regulatory Environment:– this month the FDA also added a description for an app that closely mirrored the

features of Apple’s HealthKit to its list of mobile medical apps it would choose NOT to regulate as medical devices.

– last Friday, the FDA issued a draft guidance document that revealed the agency intends to further deregulate medical device data systems (MDDS)

• Med Dev Entrepreneurs:– Withings’ announces Activité week of 6/23

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Intro: Mirena Bagur, MITEF LifeScience Committee Founder, CONTeXO Group; Adjunct Lecturer, HMS/MIT @mirenabagurmbagur@contexogroup.com

Moderator:Josko Silobrcic, MD, MPH, MS, Executive Director, Boston, Healthbox@Healthbox

Panelists:Dr. Piali De, Co-founder, CEO, Senscio Systems @SenscioMaulik Majmudar, MD, Chief Medical Officer and a founding member of Quanttus, Inc., @QuanttusPhilippe Schwartz, President, Withings @Withings

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