Nongfei Pan, Executive director of board, Executive VP, Transtek and CEO of Transtek US subsidiary - Mio Labs Inc., Transtek
The popularity of telemedicine has been on the rise since the outbreak of the pandemic. COVID-19 has truly demonstrated the value of telemedicine and the numerous benefits that it brings to healthcare institutions, caregivers, and patients. Not to mention, in the U.S., commercial health insurance, which holds significant share of the medical insurance market, as well as Medicare support telemedicine. While numerous companies are striving to capitalize on this market demand, not many can claim to have the credibility and expertise similar to Transtek’s. Founded in 2002, Transtek is a top-ranked OEM/ODM/JDM company and well known for its quality and design in manufacturing Medically Approved Products, Healthcare Electronic Scales and Smart Wearable Technologies. Since 2020, Transtek has emerged as an industry leader in providing devices as platform for RPM industry.
Much like in the cloud computing industry, wherein cloud providers like Google and Amazon purchase equipment and servers from ODMs like Wistron and Quanta, in telehealth, the shift toward an ODM direct model is on the rise. Aligning itself with this trend, Transtek has positioned itself as the best choice for telehealth service providers. It is not just about the realignment of supply and demand but requires a lot more capabilities for telehealth device ODM companies like Transtek to fully make use of this model. As Transtek has developed comprehensive capabilities around the full chain of RPM industry, it is also the right partner for traditional branding device companies that have plans to step into RPM market. Transtek has also partnered with big players in the digital world like the leading wearable brand in the U.S. and two of the top five mobile phone companies in the world to help them develop their own health products.
At Transtek, our motto is ‘Transtek, Building Trust.’ We know that any technical manufacturer in health and medical area needs to build trust between customers and suppliers, organizations, and patients
The uniqueness of Transtek also stems from the fact that it has acquired all necessary medical certifications in major global markets. As such, the telehealth mid-size companies or technical startups that are not familiar with hardware development and manufacturing can leverage Transtek’s expertise and run “low-touch” or “no-touch” projects to easily enter the telehealth market. “At Transtek, our motto is ‘Transtek, Building Trust.’ We know that any technical manufacturer in health and medical area needs to build trust between customers and suppliers, organizations, and patients. It’s far more important for medical devices than any other consumer electronics products,” says Nongfei Pan, executive director of board, Executive VP, Transtek and CEO of Transtek U.S. subsidiary—Mio Labs Inc.
Transtek has a huge R&D team comprising hundreds of engineers, a medical algorithm team with world-class scientists, and a biosensor research team, along with a 100,000 square meter manufacturing area. Unlike competing with other telehealth services providers in the market, Transtek acts as a partner to them. Most of telehealth services providers have expertise in remote patient monitoring, AI, big data and cloud, but lack experience in connected health devices development and manufacturing. As a model to connect patients at home to the medical services organizations, connected health devices are a must-have. To this end, Transtek provides one-stop solutions to them, from concept to mass production, and medical certifications.
Transtek’s capabilities can be best exemplified with the success story of its collaboration with a top digital health brand in the U.S. The company decided to partner with Transtek to deliver a connected product to enter the home health market. The time span between project confirmation to the planned release date was estimated to be only four months. Pan recalls, “The customer told us they didn’t believe that we can produce this in such a short lead time, as the previous version had been done in two years. We delivered on our promise and started the shipment on the planned date. Their customer EVP was ecstatic about the outcome and told us that Transtek’s speed is unparalleled.”
With eyes on future, Transtek plans to release more connected blood pressure monitors, body scales and activity trackers in the market. With more and more devices deployed, Transtek is also developing a device management platform to help customers manage their devices online along with their medical devices asset while tracking their status.