By New Markets Advisors
The Swasthya Slate packs a remarkable amount of electronics within a single diagnostic device. The Slate can take an electrocardiogram, monitor urine, and diagnose a range of serious conditions, all for a tiny fraction of the cost of traditional machines.
Moreover, the Slate’s simple interface enables low-skilled technicians to use the device, and communication with central servers allows for decision-support algorithms to recommend potentially appropriate treatments for patients being diagnosed.
There is no remarkable new technology in the Slate. Indeed, that’s partly the point. Through packaging off-the-shelf parts in a straightforward-to-use package, the Slate aims for low-cost simplicity. The accuracy of its readings is reportedly 99% as good as far more expensive machines. Yet the way regulation, purchasing, and usage of these devices occurs in developed economies precludes the Slate’s usage there. Instead, the Slate has been invented and is being rolled out in India. Read the Forbes article to learn more about the device and the disruptive innovation it represents.