Kuonal Lakhapat, Co-Founder and CEO, 23 BMI

An inspiring and motivational entrepreneur, Kuonal demonstrates first-rate interpersonal skills with the ability and the passion to develop the vision of any company he manages. He started off with a team of 8 individuals and worked hard to gradually expand the business, his company now serves 200+ clients in more than 6 cities in India. Kuonal’s biggest achievement was how his products were able to successfully reverse Type 2 diabetes and enabled people to lose weight with a success ratio of 98%. He co-founded 23BMI after he completed his tenure with PayTM backed by LogiNext Solutions where he was the founding member. In his previous role, he was able to scale whilst onboarding several fortune 500 clients before leading expansion for the SE Asia market. Kuonal holds a Post-Graduate degree in Wireless Communication with a minor in Business Management from Kingston University London.

Internet of Things / Internet of Medical Things is an interconnected device used for medical purposes for better and more accurate management of healthcare. The use of IoMT is helping healthcare providers to conduct advanced diagnostics which were never possible before the technology evolved, lower the costs of procedures, enable predictive/preventive treatments, identify health trends, etc. It can reduce unnecessary hospital visits and the burden on health care systems by connecting patients to their physicians and allowing the transfer of medical data over a secure network. Wearable devices have contributed to the growth of IoMT and related services.

IoMT Technologies: 

In-Home Segment: 

In-home IoMT segment includes a remote patient monitoring system (RPM) and a personal emergency response system (PERS). PERS can integrate with relay units or wearable devices and can connect with the healthcare facility/medical center in case assistance is required. It is very effective in the case of seniors with limited mobility and are generally homebound. RPM consists of all the sensors and home monitoring devices used for disease management for continuous monitoring of various parameters to support long-term care.

On-Body Segment: 

They are primarily divided into two major types: Consumer health wearable and clinical-grade wearable.

Consumer Health Wearable: This category includes devices that are used for personal wellness or fitness. These devices can be in the form of sensors, wristbands, smart wristwatch, smart shoes, etc. Most of these devices are endorsed by health experts to record data/monitor data enabling visibility in a lot of personal healthcare parameters.

Clinical-Grade Wearable: These devices are generally regulated and supported by platforms approved by health authorities. Most of the devices are used based on expert advice or if prescribed by the physicians.

In-Hospital Segment:

This segment includes IoMT devices that are spread across quite a few functions such as asset management monitoring, patient flow management, streamlining and managing inventory, etc.

Community Segment: 

IoMT’s are used as point-of-care devices used in environments such as medical camps (outside hospitals). IoMT’s are also used in mobility services that allows passenger vehicles to record and transmit health parameters. There are other areas wherein IoMT has played a key role in enabling technology to improve health care significantly. Approximately 60% of the global healthcare facilities have already implemented IoMT in some of the other areas of function. Due to these reasons, the conventional healthcare system is witnessing a fundamental change with technology being the most dominant factor.

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