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Transtek – Increase in R&D Investment

Jennifer Ross by Jennifer Ross
September 27, 2020
in Business
Reading Time: 6 mins read

With the advancement of technology and access to information search engines, people’s awareness of health risks has increased exponentially. It has also elevated medical and health expenditures. Advanced health care devices have become a demand for every household. Learning and utilizing the knowledge of a healthy lifestyle helps mitigate the risk of chronic diseases.

Transtek is an outstanding ODM (Original Design Manufacturer) and OEM (Original Equipment Manufacturer) company supplying innovative medical and health devices. The output of Transtek has reached 6,000,000 items per year. During the COVID-19, there was a surge in demand for technological medical devices.

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Due to the increased demand for innovative medical devices, Transtek’s new industrial park was recently completed. This building consists of  an automated production line, R&D (Research & Development) labs. Production capacity will be increased, resulting in meeting more demands of customers. 

BUSINESS SCOPE OF TRANSTEK

Transtek is known for its innovative and clinically approved healthcare devices and electronic scales. The company specializes in designing and manufacturing health products which include Blood Pressure Monitor, Fitness Tracker, Smart Scale and Earphones with production capacity 3,000,000, 52,000, 300,000 and 2000 pieces per month respectively. 

Transtek has 5 R&D labs with vast investment in research. The objective is to corporate its extensive research and development to enhance innovative technological health products.  In the 2020 1st quarter, Transtek realized a complete operational profit of 160 million yuan, up 2.14 percent year-over-year.

AGING POPULATION, CHRONIC DISEASES, COVID-19 AND TRANSTEK

The ratio of older people as compared to children and young is increasing. So the issue of their good health and productive engagements arises. For this purpose, it is necessary to take measures to ensure a healthy life which is free of chronic diseases, disability and dependency. The improvement in life expectancy necessitates advanced health care system for the aging population. 

In 2001, of the total 56.5 million deaths in the world, 60 percent were due to chronic diseases. It is approximately 46% of the global burden of disease and this proportion has increased up to 57% in 2020. Almost half of all chronic disease deaths are attributable to cardiovascular disease. These diseases are preventable if proper action is taken earlier. Cost-effective, sustainable technologies help avoid the risk of chronic diseases of heart, kidney and other organs.

COVID-19 pandemic has changed the course of health care altogether. Isolation is the best solution to avoid exposure to this disease. It has emancipated health care from traditional health care units to care from home. Self- monitoring by patients and sharing their data with doctors while staying at home has gained momentum during this pandemic.

To solve these problems of the aging population, in time action for chronic diseases and care from home due to pandemic, Transtek is investing a lot in research and development of advanced technological devices and electronic scales. Blood pressure monitor, body analyzer and heartbeat monitor are devices which are helping people with their health care to a great extent. 

INTELLIGENCE AND HEALTH CARE PRODUCTS

In this era of technology and advance computing, intelligent technologies are being used in electronic health care devices and systems.  There are advanced ways of acquiring a patient’s data from remote areas. With the use of intelligent health care systems, medication has become more efficient, convenient and personalized. Disease prevention, monitoring, diagnosis and medication have become easy.

Telemedicine refers to care from home. Physicians monitor the health of patients using ICT’s (Information and Communication Technologies). Clinical services are provided to patients using electronic communication systems. Management of chronic diseases, medication and consultation everything is done using audio and video communication.

CONCLUSION

Advancement in technology has increased individuals’ awareness about health risks on one hand and incorporation of intelligence in health care systems on the other hand. The management of health through advanced technologies has increased the production of smart and electronic health care devices. Transtek is one of those companies which are making a difference in people’s lives through their advanced technological services.

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Jennifer Ross

Jennifer Ross

Jennifer has been a part of the journey ever since The American Reporter started. As a strong learner and passionate writer, she contributes her editing skills for the news agency. She also jots down intellectual pieces from health category.

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