Diabetes continues to creep across the globe. Despite medical & technological advances, there seems to be no respite from its reach & grasp. The issue is socio-physiological, and medicine alone will not suffice. How does one best deal with the social or human element effectively in order to ensure rapid control of the spread of diabetes? HL360 submits that any attempt to drive a patient blindly towards a predefined number (e.g. Blood Glucose Level) without due consideration of the individuals capabilities is doomed to failure. Such direction will not regulate Diabetes.
HL360, a Healthcare Startup focusing on Diabetes management, provides a device sales and service subscription based mobile wireless intelligent technology solution that encourages and motivates a patient to achieve the “Best Balance” under existing circumstances. Using proprietary technology, it synthesizes multiple health data points, matches them with standards and desired lifestyle of the consumer and translates the result into overall health statuses. This provides the consumer with the capability of driving a close to optimal balance between desired lifestyle and required heath, for themselves, and on their own terms. “Health. Happiness. Balanced.” We think that this is the only direction that will achieve any kind of sustained success for an individual and as a corollary, for the planet.
In Nov. 2013, prnewswire.com reported that according to Allied Market Research Projections the mHealth market is expected to reach $58.8 Billion globally by 2020. Interestingly, mobile monitoring services will account for a whopping 65 % of the mHealth market in five years; about $52.6 Billion. Supplement that with WHO projections that 347 million people worldwide have diabetes, more than 80% of people with diabetes live in low and middle income countries and that diabetes deaths will double between 2005 and 2030. Additionally, just in the US, the economic cost of diagnosed diabetes is 245 billion every year.
For HL360 this translates to doing a great job with helping people across the planet while generating enormous revenue on a very short and steep trajectory. After about $200,000 worth of prototype development, market surveys across two continents and technology/solutions research across two years, the HL360 solution, that involves innovations and IP in the areas of wearable devices, Neural Networks, (deep learning algorithms), Natural Language Processing, Behavioral Research and host of other design elements, has been validated to an extent that makes it ready for formal development and market launch.
Towards that end we are in the process of building a firm foundation that will propel the HL360 solution to financial success.