BME100 f2017:Group3 W0800 L2

BME 100 Fall 2017	Home People Lab Write-Up 1 | Lab Write-Up 2 | Lab Write-Up 3 Lab Write-Up 4 | Lab Write-Up 5 | Lab Write-Up 6 Course Logistics For Instructors Photos Wiki Editing Help
OUR TEAM Name: Joey Green Name: Julian Klein Name: Nathan Atwood Name: Kenny Le Name: Beerjas Bath LAB 2 WRITE-UP Device Image and Description We want to create a Diabetic Testing Kit that could potentially eliminate the need for diabetic patients to attend doctor's visits. This testing kit would include tests and analyses that any doctor would perform on a patient during a regular office visit, but all testing would be done at home, uploaded to a mobile device via Bluetooth technology, and sent to a physician of the patient's choosing for analysis by a doctor. This kit would be completely Bluetooth capable and contain a blood glucose monitor, a body weight scale with temperature changing capabilities, blood pressure testing, and urinalysis testing. All test results will be recorded in a software on a mobile device and sent to the doctor for further analysis and feedback. Technical and Clinical Feasibility Technical Feasibility a) What are the technologies needed? A software is required for the app so that it links through Bluetooth with the diabetic monitoring device. The app will need to have the capability to connect with the patient's physician and transmit data. b) What are the challenges? The challenges include finding a streamlined way to get the information from the app to the physicians as there are so many different company, networks, and providers. Some patients have multiple physicians so making sure the right information gets to the right person is the top priority. c) What could go wrong? There may be some incompatibilities between our software and the software of the physicians. This is an area we plan to research further as we do not know all of the technical logistics of data transmission. Clinical Feasibility a) Given the technical feasibility, would it work in the clinic? It would work in the clinic. The purpose of the device is to be an at-home diabetes testing kit that provides customers with the same value and service that they receive when they visit the doctor's office to complete an examination. If clinics would like they may also purchase the kit to use at their clinics as it does all of the major tests for diabetes. b) What are the clinical risks? The clinical risks would be at the home mainly as customers will be self-administering these tests. The risk involved is making sure that the customers are knowledgeable on how to properly use the different tests in the kit to complete the testing. We plan to include instructional videos on the app so that customers know exactly how to complete each test and make sure the information is sent to the provider. c) Have similar products been in a clinical trial? How long was the trial? There have been no similar products in a clinical trial that we were able to find. Market Analysis Value Creation Our testing kit provides customers with being able to perform full diabetes check-up tests in the convenience of their home. This full range testing kit allows customers to complete the testing and receive all of the information on their phone, where the information is transmitted to the physician of the customer's choosing. Manufacturing Cost The cost to create this design will include the costs of the following: 1)$8,000-Bluetooth fee to Bluetooth company for usage of start-up Bluetooth product 2)$79.99-Bluetooth glucose meter 3)$100-800-Portable urinalysis test 4)$100-Body weight scale 5)$99.50-Wireless blood pressure test 6)$450-600-Cost of steel per ton 7)$50-20,000-Software design development cost to either use existing software or to develop software from scratch for our device 8)$0.67-USB port The cost for labor seems to be elevated in the United States rather than in China. Therefore, the total cost will likely be between $50-60 million to create our device in China (Blodget, 2012). Sales Price Market Size By using the initial market size analysis from Lab 1, the market size in dollars per year is estimated to be $300*0.05*200 million = $3 billion. Fundability Discussion Technical Feasibility 2 We will have some challenges in terms of the technical logistics of data transmission, but this will be overcome as we plan on spending more time doing research, to find a streamlined process to transmit the data. Clinical Feasibility 3 The testing kit will come with instructional videos built into the app, making the process simple and straightforward for the customers. This way customers can use the at-home test kit with ease.