[Las Vegas (USA) = AVING News] ‘CES 1’, held in Las Vegas, USA for a total of 5 days from January 8th (Thursday) to 4th (Sunday, local time), ended successfully. More than 2023 companies from 173 countries participated in this year’s CES, which has evolved beyond a home appliance and IT exhibition into a comprehensive technology exhibition that covers everything about ‘humans’, showing off their innovative technologies and vision.
CES, hosted by the Consumer Technology Association (CTA), is the world’s largest tech expo where global companies gather in one place to showcase cutting-edge technologies and new products that are future industries and growth engines. In particular, CES 2023 was held at a scale that was about 40% larger than the previous year, and was expected to be the largest offline event in the United States since the pandemic.
In fact, the CES 2023 site was lively with global companies seeking to lead future industry trends and trends with cutting-edge technology and a large number of visitors. In addition, fields such as mobility, metaverse, robotics, smart city/home, and digital healthcare were also diverse and provided a wealth of attractions.
As the demand for bio & healthcare technology has expanded and the digital transformation phenomenon has accelerated since the COVID-19 pandemic, CES 2023 paid particular attention to improving the quality of life through ICT-based digital healthcare. A large number of innovative health tech technologies ranging from digital therapeutics and telemedicine to stress relief mental health management and fitness were exhibited, and it was an opportunity to confirm that the advancement and convergence of related major technologies is progressing.
Among these, AlgoCare attracted attention by presenting a total healthcare solution that provides ‘NaaS (Nutrition as a Service),’ a real-time 1:1 customized nutrition management service based on artificial intelligence. AlgoCare Labs, an in-house research institute, is staffed by doctors and pharmacists and data scientists from Seoul National University and is advancing healthcare artificial intelligence. It has been recognized for its innovation at CES through its IoT nutrition management appliance ‘AlgoCare Nutrition Engine’. . At this CES, AlgoCare introduced the more advanced ‘NaaS Plus+’. NaaS Plus+, which is being developed with the goal of launching in March 2023, eliminates the hassle of self-health management that users may feel through facial and voice diagnosis and allows users to focus on their own health.
A company official said, “Our healthcare AI analyzes data, and ‘Nutrition Engine Plus’ collects daily conditions through selection and facial and voice diagnosis. Based on this, the engine uses 4mm-sized supplements to create precise, personalized combinations of nutrients. “Data is automatically accumulated, and users can easily check all data through the app,” he explained the strengths of the service.
AlgoCare differentiates itself in that it has shifted the nutritional supplement market structure from product-centered to user-centered. It uses ICT to automate the personalized nutritional management process so that users can focus on their own health, and automatically collects and analyzes health information to manage the user’s health more reliably.
An official said, “After the CES 2022 exhibition, our company successfully launched the ‘AlgoCare at Work’ PoC (Proof-of-Concept) service in the domestic market, helping leading domestic large companies manage their employees’ health and improve corporate productivity. “Through PoC service experience, we have identified areas for improvement and are accelerating the development of NaaS Plus+. In recognition of our progressiveness, we have achieved the feat of winning the CES Innovation Award for three consecutive years,” he said.
EverX Co., Ltd., a startup specializing in digital therapy solutions, participated in CES 2023 and began entering the U.S. business in earnest by introducing ‘MORA’, a musculoskeletal disease rehabilitation and exercise therapy solution based on the company’s pose-estimation AI technology. We continued our steps to do this. EverX CEO Yoon Chan is an orthopedic surgeon who graduated from Seoul National University College of Medicine and founded the company with the vision of improving the unmet need for rehabilitation exercise therapy through digital technology, which he felt while treating actual patients.
At the CES digital healthcare exhibition hall, EverX introduced solutions targeting the remote treatment monitoring market for musculoskeletal diseases in the United States, starting with the Mora service, and accelerated its efforts to secure customers and partners to enter the U.S. market. MORA (Mobile Orthopedic Rehabilitation Assistant) is a digital treatment solution that prescribes rehabilitation and exercise therapy based on AI technology and medical evidence specialized for musculoskeletal disorders.
Patients can perform exercise therapy and evaluate musculoskeletal function through posture estimation AI technology regardless of location as long as the camera of a portable terminal is required. Officials explain that medical staff can prescribe rehabilitation and conduct remote monitoring using AI technology, making it easier to reduce time and financial burden in rehabilitation exercise treatment and increase patient accessibility.
CEO Yoon Chan of EverX said, “We are aiming to supply MORA services to U.S. medical institutions this year.” He added, “The U.S. is already active in the use of digital treatment devices in the field of rehabilitation exercise, and has a fee policy in place, so it is a positive opportunity.” “I look forward to the results,” he said.
Inhand Plus announced its smartwatch and AI-based medication management solution at CES 2023. Inhand Plus is a company that developed a smartwatch and AI-based medication management solution to address the low medication compliance of subjects in drug clinical trials. The company explains that this optimizes global clinical trials by providing accurate real-time medication data (RWD) based on an AI smartwatch that can analyze when and what drugs a patient takes.
Their solution is considered an innovative solution that can overcome existing limitations using only wearable devices, and has proven its technological excellence by being selected for the Innovation Award at this CES. It has convenient usability and high data accuracy, and also has the advantage of great scalability as it can analyze various types of medicines.
In fact, the lack of an accurate solution for drug administration management in the existing market led to the problem of poor medication compliance among clinical trial subjects. In addition, as remote clinical trials or distributed clinical trials emerged as a trend after the coronavirus pandemic, the need to collect RWD also emerged. Accordingly, Inhand Plus emphasized that it has been working to develop a solution that can perfectly respond to this demand.
In fact, Inhand Plus’ solution is already being used in domestic clinical trial sites, and has also achieved success in attracting large contract research organization (CRO) companies as investors. In addition, it was selected for Bayer and Merck’s startup accelerator program, and is continuing to increase its growth potential by forming partnerships with various pharmaceutical companies and hospitals.
Fortify attracted attention at CES 2023 with its digital mental care service ‘Mindling’. The company explains that Mindling, created in collaboration with Fortify CEO Moon Woori and other mental health experts and IT experts, is a service that allows anyone to conveniently take care of themselves through software.
At this year’s CES, Mindling received high praise for not only diagnosing psychological conditions based on subjective user reports, but also measuring bio-signals collected by smartphone cameras to identify psychological health status and provide customized digital solutions. . Based on this excellence, Fortify verified the marketability of its B8C business model, with annual sales growing more than 2 times last year, and also introduced the technology at CES 2023. It also received the honor of being selected for the CES Innovation Award for ‘Mindling’ in the software & mobile app category.
Regarding this award, CEO Moon said, “I think the freshness of Mindling, where each person manages their mind more precisely and professionally through technology without external help, has been captured.” He continued, “We all know the importance of mental health, but the reality is that it is not an easy topic of conversation.” He added, “Accordingly, our company is lowering the psychological, physical, and economic barriers to mental health care through IT technology so that more people can use it.” “We developed and introduced Mindling with the goal of helping people better understand and cultivate their own minds,” he explained.
Nubi Lab (CEO Kim Dae-hoon), a startup developing artificial intelligence (AI) food scanning solutions, unveiled a healthcare concept based on eating habits data at CES 2023. Nubi Lab AI attracted attention by developing a new future suitable for various user environments in the digital healthcare field by developing food data learned over four years in the form of a mobile app and API. Nubi Lab, which has participated in CES since 4, opened an exclusive booth measuring approximately 2020㎡ (132 pyeong), the largest among domestic startups, at this CES and introduced its AI, product demonstration, and unveiled new services.
During the CES 2023 exhibition period, Nubi Lab will utilize the scanner as well as digital healthcare concept solutions such as △ infant growth management solution △ eating habits management solution for chronic disease patients △ mobile food diary △ food scan API, etc., focusing on its core solution, ‘AI Food Scanner’. Various solutions to reduce food waste in restaurant kitchens and halls were displayed. In particular, Nubi Lab is known to have received a lot of interest and collaboration requests from investors as well as key industries such as global catering companies, airlines, hotels, and hospitals during this event.
The National Assembly Industrial and Central Committee delegation (Chairman Yoon Kwan-seok, Rep. Song Ki-heon) and the National Assembly Oversight and Defense Committee delegation (Leader Park Seong-jung, Rep. Heo Eun-ah, Rep. Kang Hoon-sik, Rep. Kim Byeong-wook) visited the Nubi Lab booth and directly participated in a product demonstration, and it was applied to daycare centers and kindergartens to provide children with There was a lot of interest in the infant and toddler model that analyzes the child’s eating habits and nutrients.
Kim Dae-hoon, CEO of Nubi Lab, said, “It was a great opportunity to show how the two fields of ‘healthcare and sustainability,’ which were hot topics at CES 2023, can be realized.” He added, “We met at this CES with potential global catering companies, airlines, hotels, hospitals, etc. “We will accelerate the development of the global market through collaboration with customers in various fields.”
Meanwhile, ‘CES’, the world’s largest IT exhibition, is an exhibition where you can understand the trends of the global home appliance industry at a glance. Hosted by the Consumer Technology Association (CTA), it is held every January in Las Vegas, USA. AVING News, which has covered CES for 1 consecutive years, has reported CES news around the world every year since 17, and has been selected as the ‘BEST OF CES’, which selects the best innovative products and technologies, and the ‘BEST OF’, which selects domestic innovative companies. ‘MADE IN KOREA’ was held. In addition, CES on-site issues were vividly conveyed through ‘AVING LIVE’.