Ali Health, Healthcare Device Makers Launch Smart Healthcare Program
Iyiou, 10/20/16
Chinese e-commerce conglomerate Alibaba Group's (NYSE: BABA) healthcare subsidiary Alibaba Health Information Technology (0241.HK) recently announced a new smart healthcare program in partnership with nearly 20 Chinese medical device makers including Sinocare (300298.SZ), Haier Medical Technology, Kangsheng Health Management Consulting, Yuyue Medical Equipment and Supply (002223.SZ), Bayer Healthcare, and Omron. The program will use mobile Internet, big data, and smart healthcare devices to upload consumers' health monitoring data to an online platform using GPRS, Bluetooth, and Wi-Fi. Data will be used to automatically generate healthcare trend reports and to support healthcare management services.
AliHealth will offer consumers a personal healthcare records management platform through the program and will use its backend medicine and healthcare management services to provide recommendations to users about their health situation, with the goal of improving users' healthcare management capabilities.
When consumers use smart devices from AliHealth's partnering device developers, such as blood glucose, blood pressure, and thermometer devices, they can upload their data to the AliHealth app to generate healthcare reports and charts. In addition to consumers themselves, family members and nursing staff can also connect to follow changes in health metrics such as blood sugar and blood pressure, enabling them to take action if needed. AliHealth will also offer consumers other healthcare management services, and partnering nutritionists and doctors can operate through the platform to offer remote healthcare advising services online or by phone.
Editor's Note: China's mobile healthcare market, excluding sales of smart health devices, has grown from approximately RMB 1.5 bln in 2011 to RMB 4.5 bln in 2015, and is expected to reach roughly RMB 13.0 bln by 2017. To help investors and health industry enterprises identify opportunities among China's quickly growing number of mobile health and fitness apps, platforms, and smart hardware developers, Marbridge has researched and formulated the Chinese Mobile Health and Fitness Industry Matrix. The Q3 2016 edition of the Matrix provides details on approximately 185 leading mobile health and fitness app developers and almost 40 mobile health and fitness smart hardware developers. For more details on Marbridge's Q3 2016 Mobile Health and Fitness Industry Matrix, please click here.
Keywords: Sinocare Bayer Omron mobile healthcare hardware smart terminal wireless Haier Alibaba Group Alibaba Health 0241.HK BABA 300298.SZ 002223.SZ Yuyue Medical Kangsheng Internet online healthcare
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