Analysts may be talking up the end of Smartphone innovation but check out the Smartphone Medical and the profiles of the 2 winners of Qualcomm’s Tricorder X Prize and I think it’s clear Mobile is cannibalising the world eating up everything and that now even includes future medical devices that we haven’t even yet dreamed of!
I’m not surprised and think it’s a positive omen for mHealth innovators that the winners of the competition both ended up being variants on the smartphone physical.
It’s been fascinating to follow this X Prize competition as it took a bold direction change etc especially as a few of the teams that were attempting to win it had asked me for help. I know of no more efficient way to get affluent researchers to commit themselves to finding a solution but I think the financial model could be better designed (eg. 300 teams paid in $25,000 entry fees to join the competition – generating $7.5 million before it even started) to encourage ideas/attempts from less well funded competitors. Imagine if 7000 entry bids had come in?
The winner profiles are very interesting to read up on and the organisers have made some cool video content that will hopefully inspire medical device developers to think like the Born Mobile generation eg. Final Frontier Medical Devices:
and Dynamic BioMarkers Group (who look likely to try and commercialise this with the HTC smartphone brand):