How This Engineer is Making Open Source Medical Devices at 1/20th the Cost

After sailing more than 40 thousand nautical kilometers and into 14 countries on Unreasonable at Sea, we ported in Spain for our culminating event. The technology companies who sailed around the world with us had 6 minutes to share the story of their company to hundreds of people packed into an auditorium in Barcelona. This is one of those talks.

The entrepreneur in this video is Peter Ueda of EvoTech – Evolving Technologies- Medical Solutions For The Developing World.

Company Description in 100 Words or Less

2 billion people lack access to basic surgery.  Tweet This Quote

Millions of patients in developing countries are deprived of common procedures relating to respiratory, gynecological, gastrointestinal, etc. issues due to the high cost of equipment and training related to endoscopy treatments.

Using bottom-up innovation techniques, Evolving Technologies created an endoscopy system for the needs of developing markets for less than 4% of the market price. Their main product today is a light, portable endoscopy system for women’s health, the EvoCam. They also have the EvoLight, a light, portable, LED-based medical light-source powered by a USB. Visit company website.

Major Milestones:

  • MIT $100K track finalist 2011.
  • Hub Ventures finalist 2011.
  • Granted MIT IDI Technology Dissemination Fellowship 2011.
  • Joint project with IDEO.ORG on EvoCam design and business model 2011.

Video That Demonstrates the Process:

About the author

Chance Barnett

Chance Barnett

Chance is the founding CEO of Crowdfunder. He played an early and significant role in JOBS Act legislation & regulation and is an angel investor and contributor at Forbes.