We have all heard the age-old tenet of wisdom that prevention is better than a cure. However, unfortunately, the healthcare system of today is ‘sick-care’ or reactive to the symptoms. One usually must wait for the symptoms to show before heading to the doctor. With the elderly, this can be a serious deterrent because of their fragile conditions. Sometimes, it might be even too late to help.
Using next-gen technology for better health, better life
Leading Korean company GoQba, a pioneer in dementia diagnostic technology has launched WeCare, a ‘zero-care’ predictive health system designed for in-home use. The technology uses Artificial Intelligence (AI) The health package, which uses video and audio data to detect early signs of illnesses such as dementia, vertigo and others, is easy and convenient to use, keeping in mind the age of the user.
The health package also comprises general health equipment for recording blood pressure, glucose levels, etc., and combined with the audio and video data, accurately predicts illnesses. The elderly become active partners in the wellbeing of their health, thereby having a positive effect on them. The company’s strength is the invisible voice interface where a Voice AI assistant records the symptoms and a human-driven voice concierge service supports and picks up where the interface cannot. The data is then processed and shared with stakeholders such as the patient/user and the hospital.
The boom in silver market opportunities
In the USA alone, over $223 billion was spent in a year to treat dementia. In Korea, the silver market, market for the elderly, is expected to double in 17 years. Compared to the expenditure of $47 billion on senior care, the dementia diagnosis will cost only $2 billion, saving individuals and the government billions of dollars. The WeCare platform can be used on pre-existing hubs such as Google. The WeCare platform is being tested in in Seongnam city as an official city healthcare provider.
GoQba’s team will be attending the GITEX TECHNOLOGY WEEK to be held from October 6 to 10 in Dubai, supported by the Korea Institute of Startups & Entrepreneurship Development (KISED). The GITEX is the biggest tech show in the Middle East, North Africa and South Asia that attracts many prominent leaders from global companies, major media outlets, and influential investors.
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