If Apple can build glucose monitoring into their watch in the next 5 years I will switch my whole stock portfolio to AAPL, and buy two watches. But they won’t. That’s an incredible challenge.
Well I don’t believe they will do it first or have a monopoly on it. If they did it in the next 5 years, they would be first, and they would likely have the monopoly for the following 5-10 years. But it won’t happen, it’s too far away, both for Apple and the big pharm companies trying.
If, theoretically, they did get it working, and accurate enough for basic monitoring, it would be absolutely revolutionary. I could see insurance companies jumping on subsidies, rather than continuously shelling out every month for test strips (which are ridiculously expensive) or CGM pucks (which are also ridiculously expensive, but generally only covered for Type I, at least in my area).
It’s an extremely difficult problem, though. A few companies have been working on the tech for at least the past decade, and we’re still not there yet.
Once we are there, I definitely see some kind of legal challenge from the companies profiting fro the exorbitant price of strips.
I am certain, for the standard model Apple Watch, that they’re going to provide blood glucose TREND data first. This will indicate pre-diabetes, etc. and require less accuracy than is required by someone who needs to take insulin. (There may be add on devices that connect to Apple Watch that do more).
If Apple can build glucose monitoring into their watch in the next 5 years I will switch my whole stock portfolio to AAPL, and buy two watches. But they won’t. That’s an incredible challenge.
You should but it now and when they do it in 10 years you’ll have all that growth smarty pants.
Well I don’t believe they will do it first or have a monopoly on it. If they did it in the next 5 years, they would be first, and they would likely have the monopoly for the following 5-10 years. But it won’t happen, it’s too far away, both for Apple and the big pharm companies trying.
They won’t? They have been trying for a long time, it’ll happen one day
If, theoretically, they did get it working, and accurate enough for basic monitoring, it would be absolutely revolutionary. I could see insurance companies jumping on subsidies, rather than continuously shelling out every month for test strips (which are ridiculously expensive) or CGM pucks (which are also ridiculously expensive, but generally only covered for Type I, at least in my area).
It’s an extremely difficult problem, though. A few companies have been working on the tech for at least the past decade, and we’re still not there yet.
Once we are there, I definitely see some kind of legal challenge from the companies profiting fro the exorbitant price of strips.
I am certain, for the standard model Apple Watch, that they’re going to provide blood glucose TREND data first. This will indicate pre-diabetes, etc. and require less accuracy than is required by someone who needs to take insulin. (There may be add on devices that connect to Apple Watch that do more).
EDIT- this is exactly what the article says. SMH