IXD302 – Pitch Additional Research

What is arrhythmia? 

An arrhythmia is an abnormal rhythm of the heart. In an arrhythmia, abnormal electrical signals through the heart muscle may cause the heart to beat too fast (tachycardia), too slow (bradycardia), or irregularly. When the heart doesn’t beat normally, it isn’t able to pump blood to the body as well. That means the brain, lungs, and other organs may not get enough blood so eventually, the organs don’t work as well and may become damaged.

What can cause arrhythmia in kids? 

  • Infections
  • Changes in the structure of the heart
  • Abnormal levels of distinct chemicals in the bloodstream
  • Genetics

 

What are the complications of arrhythmia in kids? 

  • Damage to the brain, kidneys, lungs, liver or other organs.
  • Heart Failure
  • Blood Clots
  • Sudden Cardiac Death

 

Developed Nations

2 out of 100 school kids process a severe form of arrhythmia.

Developing Nations

In Uganda, out of 194 children studied 53 possessed some form of arrhythmia while 44 possessed a severe form. Arrhythmia is common among children with CHD in Uganda and other low-resource countries. In addition, in low-resource countries, very few children with arrhythmia get early corrective heart surgery which can be fatal for children.

 

What procedures can help monitor Arrhythmia in children?

Electrophysiology studies 

Why is this method not viable?

  • Invasive
  • Expensive
  • Timely

Pacemakers

Why is this method not viable?

  • Invasive
  • Obstructive
  • Heavy
  • Expensive

 

The Market: 

  • Smartwatches are one of the most popular wearables categories globally and are expected to reach shipments of more than a quarter of a billion units by 2025
  • 232 million units shipped and 142 million units sold. It is expected that it will ship more than a quarter of a billion units by 2055.  
  • Worldwide smart wearable device sales will double by 2022, becoming a $27 billion+ market with 233 million unit sales. That’s the word according to industry analyst CCS Insight, who state that the growth is being powered by smartwatches, with fitness trackers on the slide in the next four years. 
  • CCS Insight expects shipments of wearables to grow 20% in 2021, when over 230 million smart wearable devices will be sold worldwide. 

Who are the leading competitors? 

Kids Wearable Market 2021

  • TickTalk (US)
  • SIBYL WORLD SDN BHD (China)
  • Shenzhen Continental Wireless Co., Ltd (China)
  • Franciscan Solutions Private Limited (India)
  • Omate Inc. (China)
  • JOY FamilyTech, Inc. (California)
  • VTech Holdings Limited (Hong Kong)
  • Doki Technologies (Hong Kong)
  • KD Group (Spain)
  • Garmin Ltd (Switzerland)
  • Huawei Technologies Co. Ltd (China)
  • Fitbit, Inc. (US)

Overall Market 2020

Apple Inc – 40%

Samsung – 10%

Huawei – 8%

Fitbit – 7%

BBK Electronics – 6%

Others – 40%

 

Articles used:

Facts about arrhythmia

https://www.cedars-sinai.org/health-library/diseases-and-conditions—pediatrics/a/arrhythmias-in-children.html

Arrhythmias in Children (stanfordchildrens.org)

Arrhythmias in children fact sheet | Children’s Health Queensland

Nations

Arrhythmias | Great Ormond Street Hospital (gosh.nhs.uk)

Prevalence of arrhythmias among children below 15 years of age with congenital heart diseases attending Mulago National Referral Hospital, Uganda | BMC Cardiovascular Disorders | Full Text (biomedcentral.com)

Market

https://www.statista.com/statistics/878144/worldwide-smart-wristwear-shipments-forecast/

https://www.forbes.com/sites/paullamkin/2018/10/23/smart-wearables-market-to-double-by-2022-27-billion-industry-forecast/?sh=7797fdbe2656

https://www.marketwatch.com/press-release/smart-watch-market-trends-research-report-growth-opportunitiesanalysis-segments-drivers-and-trends-to-2027-2021-11-16?tesla=y

https://www.ccsinsight.com/press/company-news/good-times-for-the-smart-wearables-market/#:~:text=Its%20recently%20published%20market%20forecast,will%20be%20simpler%20fitness%20trackers. 

https://www.globenewswire.com/news-release/2021/08/05/2275900/0/en/Kids-Smartwatch-Market-to-Garner-USD-1-002-4-Million-by-2025-at-a-14-76-CAGR-Report-by-Market-Research-Future-MRFR.html

https://www.notebookcheck.net/Apple-Huawei-and-Samsung-retain-their-top-rankings-in-the-smartwatch-market-for-2020.526390.0.html

 

 

 

 

 

 

 

 

 

 

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