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Cookie Policy We use cookies to find out more about your use of our Site and your preference in order to improve our services to you. We may also use third-party cookies to provide summarized traffic data for enhancing our Site. More details No, ThanksAllow cookies HKMB Hong Kong Means Business * * Login / Register LANGUAGES * EN * 繁 * 简 * Events * My Feed * Contact HKTDC * Subscribe * Subscribe * SECTION MENU * multimedia * market spotlight * first person * Venture Hong Kong * heads-up * inside china * life & style * hktdc research LANGUAGES * EN * 繁 * 简 * HKTDC.com | * About HKTDC | * My HKTDC | * Login / Register | HKTDC.com About HKTDC My HKTDC Login Register SECTION MENU * multimedia * market spotlight * first person * Venture Hong Kong * heads-up * inside china * life & style * hktdc research https://hkmb.hktdc.com/en/YZnFUdpj venture hong kong SAVE FOR LATER SHARE / SEND × "Scan QR Code" in WeChat and tap "..." to share. HEALTH DATA IN AN INSTANT A START-UP EXPRESS WINNER HAS FOUND A READY MARKET FOR ITS TECHNOLOGY WHICH MONITORS BODY METRICS SUCH AS PULSE AND BLOOD PRESSURE. 21 April 2022 Restrictions on movement and face-to-face interactions during the COVID-19 pandemic have created demand for remote health monitoring, particularly for vulnerable people such as those living in residential care homes. Hong Kong start-up PanopticAI is stepping into this breach, and the enterprise’s efforts made it a 2021 winner of Start-up Express, an entrepreneurship development programme run by the Hong Kong Trade Development Council (HKTDC). After winning the Start-up Express competition, PanopticAI co-founder and CEO Kyle Wong (right) has had many opportunities to explore overseas markets PanopticAI co-founder and CEO Kyle Wong said cameras can detect colour changes on people’s faces that are difficult to see with the naked eye. Using artificial intelligence (AI) analysis, the system can calculate body metrics such as pulse, blood pressure, breathing rate, blood oxygen content and stress index to evaluate a patient's overall condition. "For example, front-line medical staff are overworked. This system can help them quickly grasp the basic health data of patients for initial assessment and relieve pressure on staff." Mr Wong said the system had matured and pulse monitoring can reach an accuracy of 98-99%, and the error rate of blood oxygen monitoring is within a 2 percentage point range. "The system may be affected by factors such as lighting, camera pixel density and the user's skin colour as well as presence or absence of makeup. We are currently collecting more data to let the AI system learn repeatedly to further improve accuracy." BACK TO TOP ^ ELDERLY CARE He revealed that he plans to trial the system in some residential care homes and community centres run by the Hong Kong Council of Social Service (HKCSS), starting in the middle of the year, aiming to monitor the health status of senior citizens in a more convenient way. "For example, if the heart rate changes abnormally, it means that there is a heart problem or other risk of disease. After collecting the data, we can create a personal health file for the elderly, which nursing home staff can easily read on the records. If there is an abnormal situation, the system can send an alert.” BACK TO TOP ^ TECHNOLOGY ADOPTION The HKTDC helped PanopticAI exhibit at the Mobile World Congress in Spain Mr Wong said the COVID-19 pandemic had led government departments and private enterprises to try new technologies, which is helping start-ups. "For example, some insurance companies wanted to introduce our AI monitoring solution into their personal health management platform for the insured,” he explained. In addition, the HKTDC has helped PanopticAI actively participate in international technology events overseas, including the Hong Kong booth at this year's Mobile World Congress, and also helped the start-up negotiate with overseas enterprises in business matching meetings to explore cooperation opportunities. "We were delighted to meet online with an investor from Iraq who intends to form a strategic partnership to widely apply our AI health detection system to their businesses," Mr Wong said. BACK TO TOP ^ GROWING OUTREACH Looking to the future, Mr Wong hopes to first establish a firm foothold in Hong Kong and then bring his health monitoring system to the Mainland China and Association of Southeast Asian Nations (ASEAN) markets, saying that they hope to be listed in Hong Kong within five years. "The [Guangdong-Hong Kong-Macao] Greater Bay Area is also one of our development goals. We hope to set up offices in the mainland in the future and even have the opportunity to cooperate with local insurance companies." In addition to its participation at Mobile World Congress, the HKTDC has also helped PanopticAI join other large-scale international exhibitions and conferences since its win at Start-up Express 2021, establishing connections with potential partners around the world and increasing the company’s exposure and visibility. At the Belt and Road Summit Forum it negotiated with a German medical company to provide reference data for its telemedicine platform, and also participated in the HKTDC's Asian Summit on Global Health as well as the Consumer Electronics Show (CES) in Las Vegas. PanopticAI also had the opportunity to participate in the AsiaBerlin Summit start-up platform to exchange innovative ideas with other start-ups and investors from all over the world and explore cooperation opportunities. "These valuable experiences will help the company develop in the future. If a start-up is working alone, it is difficult to get these opportunities to expand into overseas markets," Mr Wong said. Start-up Express, which launched in 2018, helps entrepreneurs seize opportunities in innovation and technology, and this year’s edition is now open for registration. The registration deadline is 4 May – for details, please visit https://rb.gy/r17crc. Related links PanopticAI Startup Express BACK TO TOP ^ CONTENT PROVIDED BY Topics: * Medical Supplies & Medicine, * Hong Kong, * medical devices, * start-up, * MedTech * Medical Supplies & Medicine * Hong Kong * Hong Kong ARTICLE TOPICS ARTICLE TOPICS MEDICAL SUPPLIES...24721 HONG KONG36026 MEDICAL DEVICES109453 START-UP80177 MEDTECH141964 MORE TOPICS ARTICLE TOPICS MEDICAL SUPPLIES & MEDICINE24721 HONG KONG36026 MEDICAL DEVICES109453 START-UP80177 MEDTECH141964 INNOVATION TERMS BANNER BLOCK SOCIAL SHARE FOLLOW US * * * GET WEEKLY UPDATES GO X GET OUR WEEKLY EMAIL UPDATES EMAIL FIRST NAME LAST NAME COUNTRY / REGION Please specify Country / Region AfghanistanAlbaniaAlgeriaAmerican SamoaAndorraAngolaAnguillaAntigua and BarbudaArgentinaArmeniaArubaAustraliaAustriaAzerbaijanBahamasBahrainBangladeshBarbadosBelarusBelgiumBelizeBeninBermudaBhutanBoliviaBosnia and HerzegovinaBotswanaBrazilBritish Indian Ocean TerritoryBritish Virgin IslandsBrunei DarussalamBulgariaBurkina FasoBurundiCambodiaCameroonCanadaCape VerdeCayman IslandsCentral African RepublicChadChileMainland ChinaColombiaComorosCongoCook IslandsCosta RicaCote d'IvoireCroatiaCubaCyprusCzech RepublicDemocratic Republic of the CongoDenmarkDjiboutiDominicaDominican RepublicEcuadorEgyptEl SalvadorEquatorial GuineaEritreaEstoniaEthiopiaFalkland IslandsFaroe IslandsFijiFinlandFranceFrench GuianaFrench PolynesiaGabonGambiaGeorgiaGermanyGhanaGibraltarGreeceGreenlandGrenadaGuadeloupeGuamGuatemalaGuineaGuinea-BissauGuyanaHaitiHondurasHong KongHungaryIcelandIndiaIndonesiaIranIraqIrelandIsraelItalyJamaicaJapanJordanKazakhstanKenyaKiribatiKorea, Democratic People's Republic ofKorea, Republic OfKuwaitKyrgyzstanLaosLatviaLebanonLesothoLiberiaLibyaLiechtensteinLithuaniaLuxembourgMacauNorth MacedoniaMadagascarMalawiMalaysiaMaldivesMaliMaltaMarshall IslandsMartiniqueMauritaniaMauritiusMayotteMexicoMicronesia, Federated States OfMonacoMongoliaMontenegroMontserratMoroccoMozambiqueMyanmarNamibiaNauruNepalNetherlandsNetherlands AntillesNew CaledoniaNew ZealandNicaraguaNigerNigeriaNiue IslandNorfolk IslandNorthern Mariana IslandsNorwayOmanPakistanPalauPanamaPapua New GuineaParaguayPeruPhilippinesPitcairn IslandPolandPortugalPuerto RicoQatarRepublic of MoldovaReunionRomaniaRussiaRwandaSaint HelenaSaint Kitts and NevisSaint LuciaSaint Pierre & MiquelonSaint Vincent and the GrenadinSamoaSan MarinoSao Tome and PrincipeSaudi ArabiaSenegalSerbiaSeychellesSierra LeoneSingaporeSlovakiaSloveniaSolomon IslandsSomaliaSouth AfricaSouth SudanSpainSri LankaSudanSurinameSwazilandSwedenSwitzerlandSyriaTaiwanTajikistanTanzaniaThailandTimor-LesteTogoTongaTrinidad And TobagoTunisiaTurkeyTurkmenistanTurks & Caicos IslandTuvaluUgandaUkraineUnited Arab EmiratesUnited KingdomUnited States Virgin IslandsUruguayUSAUzbekistanVanuatuVenezuelaVietnamWallis & Futuna IslandsWestern SaharaYemenZambiaZimbabwe I acknowledge that the above information may be used by the Hong Kong Trade Development Council (HKTDC) for incorporation in all or any of its database for direct marketing or business matching purpose (and may therefore become available to the public within and/or outside of Hong Kong for use by them), and for any other purposes as stated in the Privacy Policy Statement; I confirm that I have the consent and the authority of each individual named in this form to release their personal data for the purposes stated herein. (If you are from a member state of the European Union (“EU”) / European Economic Area (“EEA”)), PLEASE tick here if you accept our use of your provided data for direct marketing purposes. *For non-EU/EEA customers, please skip this box which is solely for EU/EEA customers as required by the relevant data protection law in the EU. SIGNUP X THANK YOU Thank you for registering. CONTINUE READING INTEREST_ARTICLE YOU MAY BE INTERESTED IN 27 April 2022 Healthtech fund focuses on GBA 25 April 2022 Where there’s a will 13 April 2022 Lazy eye comes into focus 04 April 2022 Scents and sensibility RELATED EVENTS RELATED EVENTS 11 - 12 August 2022 International Conference of the Modernization of Chinese Medicine & Health Products 2022 5 - 8 September 2022 Hong Kong Pavilion at FHA–Food & Beverage, Singapore 9 - 11 November 2022 HKTDC Hong Kong International Medical and Healthcare Fair 2022 10 - 11 November 2022 Asia Summit on Global Health 2022 FIND AN EVENT DID YOU KNOW? 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