BME100 f2016:Group9 W8AM L1

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Lab Write-Up 1 | Lab Write-Up 2 | Lab Write-Up 3
Lab Write-Up 4 | Lab Write-Up 5 | Lab Write-Up 6
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OUR TEAM

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LAB 1 WRITE-UP

Health Care Issue

Visual Impairment




Competitors

Google Glass, Bionic-Eye, Regular Eyeglasses.

Advantages
More aesthetic, cheaper, and universal phone compatibility.

Disadvantages
Motion sickness, not so feasible.




Customer Validation

Patient
Partially blind people, color blind, one-eyed blind.

Payer
Any big tech company other than Google

Physician
Optometrists

Provider
Glass manufacturers, tech company, camera company, software company.

Purchaser

Johnson & Johnson, AMGEN, Gilead Science INC. IMG 4536.jpg==IP Position==


Fundability Worksheet Scores

Competitors
For competition, under Market Dynamics the market would be labeled as mature due to the lack of many companies selling this type of product. However, as for value proposition, the product would be labeled as unclear value due to the lack of popularity and advertising in this type of product. Overall, competition will be scored as a 2.

Customer Validation
For Customer Validation, the product would be labeled as "hesitant interest to purchase or not enough customer feedback to date", no such product of this type has been extremely successful and popular and with that information, the product has a unclear potential to the consumers.

IP Position

For IP Position, the product would be labeled as "Non provisional filed and pending or issued patents, but weak," even though this is a very innovative product and ideal, there are strong patents out from large corporations such as Google and Samsung. The product will score a 2 on the IP position.