In an interesting example of targeting new product innovation at non-consumption as outlined in the Innovator’s solution by Clayton Christensen, I learnt from Putting People First that Philps have launched a low cost a series of new portable, compact patient monitors that provides a reliable, yet affordable means to observe and care for patients. Now available to healthcare providers in India, the new Philips SureSigns VM3 is the first Philips patient monitor designed for emerging markets.

The Philips SureSigns VM3 offers ECG, respiration and pulse oximetry in one user friendly, compact monitor that helps provide quality care in almost any clinical setting. It offers vital signs measurement and monitoring in an easy-to-use system that can be used in various departments throughout the hospital, nursing homes, private practices and rural clinics, as well as ambulances and mobile facilities.

This product is a great example of taking a system which has been far too expensive for an emerging (non-consuming) market and using technology in a creative, and dare I say, targeted, way to provide real mutual benefit. I like it.