Eye care is a very crucial healthcare matter, and it needs a proper assessment when there are problems. Technology like Artificial Intelligence (AI), Virtual Reality(VR), Augmented Reality (AR) is becoming more and more used in the field of ophthalmology. Korean startup M2S (Media Medical Solution) has worked to develop a compact ophthalmological exam device using Virtual Reality (VR).
From VR/AR content to healthcare solution
M2S is a professional studio producing VR/AR content and has won many accolades for its work. The startup has utilized its extensive background in VR/AR technology to develop a solution that will be useful for the medical industry. Targetting the growing digital healthcare market, M2S has developed two solutions for eye care.
One solution is VROR (Virtual Reality Ophthalmic Room), a VR HMD(head-mounted display) eye exam device that can be used in clinics and hospitals. VROR is a fully digitized device, including the test results. It reduces the need for more devices, space, or manpower, uses less time, and costs lesser.
The other solution of M2S is a personalized healthcare device called “Eye Dr. VR.” The product has two versions “Eye Dr. Pro” and “Eye Dr. Lite.” The Pro version is offered with eye-tracking HMD and customized for optimum results. The Pro product is targeted for B2B and B2G markets for use in health centers, fitness centers, and health check-up centers. The startup aims to procure the distribution of the Pro-device through the government.
The Lite version is offered with a VR application installed in sprayed VR HMD, which means the eye problem can be easily detected using the HMD. The Lite version is designed for use at home, school, and easy to use for everyone. The product will be launched in collaboration with the largest telecommunication services offering a 5G network. The customer for the Lite version can be anyone needing eye healthcare across the world. Grey Kim, planning manager of M2S, said about the products, “Our medical and healthcare solution will provide early diagnosis of eye diseases and eye care solutions to everyone and everywhere.” The company has VROR-7IN1 medical device, a VR + Eye tracking technology to digitalize the entire examination processes and reports, resulting in 7 types of eye disorders and diseases on a single device. M2S also has an app “Eye Dr. App” that provides examination report, mobile care and online community services.
Aim to be a global healthcare company
The digital healthcare market is expected to grow further in 2023, with an estimated $20 billion size. M2S aspires to become a global company. VROR is already registered as a first-class medical device with the FDA. M2S is progressing to get CE of Europe and MFDS approval from South Korea. The startup wants to develop the device further to the field of neurology, for which research is going on in Korea University supported by the Korean government’s 20 billion won grant.
M2S is participating in the third edition of the “TIPS X beSUCCESS Korean startup showcase” to be held online on September 23-24, 2020. TIPS (Tech Incubator Program for startup Korea) is South Korean government-backed incubator, and beSUCCESS is Korea’s leading startup media company. The highly successful first two editions of the startup showcase were held in San Francisco and Palo Alto.
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