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CardioBIVA

Bioelectrical impedance vector analysis medical device as a novel Internet of Things telemedicine system for monitoring congestive heart failure patients from home

Total Cost €

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EC-Contrib. €

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Partnership

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 CardioBIVA project word cloud

Explore the words cloud of the CardioBIVA project. It provides you a very rough idea of what is the project "CardioBIVA" about.

physiological    integral    sme    billion    cardiobiva    network    heart    47    opportunity    total    impedance    aged    market    iot    sales    frequent    shipments    internationalize    hospitalizations    35    countries    things    covered    patients    provides    solutions    vascular    distributor    units    channel    environment    vector    create    framework    hospitalization    first    diagnostics    business    bioelectrical    herim    industry    people    commercialise    million    home    lifestyle    npv    29    partnered    enter    chf    spanish    roi    composition    sensor    german    revenue    gateways    indicator    2015       200    die    supply    proprietary    consolidated    reduce    irideon    leader    global    prototype    approximately    job    biva    investing    2020    positions    disruptive    life    companies    develops    limited    internet    monitoring    telemedicine    medical    body    deaths    primary    lower    iberoamerican    secondary    markets    substantially    65    clear    half    economy    congestive    insurance    561    commerce    complemented   

Project "CardioBIVA" data sheet

The following table provides information about the project.

Coordinator
IRIDEON SL 

Organization address
address: AVENIDA JOSEP TARRADELLAS 38
city: BARCELONA
postcode: 8029
website: n.a.

contact info
title: n.a.
name: n.a.
surname: n.a.
function: n.a.
email: n.a.
telephone: n.a.
fax: n.a.

 Coordinator Country Spain [ES]
 Project website http://www.irideon.eu
 Total cost 71˙429 €
 EC max contribution 50˙000 € (70%)
 Programme 1. H2020-EU.2.1.1. (INDUSTRIAL LEADERSHIP - Leadership in enabling and industrial technologies - Information and Communication Technologies (ICT))
2. H2020-EU.2.3.1. (Mainstreaming SME support, especially through a dedicated instrument)
 Code Call H2020-SMEINST-1-2014
 Funding Scheme SME-1
 Starting year 2015
 Duration (year-month-day) from 2015-06-01   to  2015-11-30

 Partnership

Take a look of project's partnership.

# participants  country  role  EC contrib. [€] 
1    IRIDEON SL ES (BARCELONA) coordinator 50˙000.00

Map

 Project objective

IRIDEON is a Spanish-German SME, which develops and provides Internet of Things (IoT) sensor solutions based on a proprietary framework. We have partnered with HERIM, a distributor leader in the diagnostics market for lifestyle, body composition and vascular monitoring. We have been working in the development of a disruptive way to improve the monitoring of congestive heart failure (CHF) patients from home. We aim to prototype, test and commercialise an IoT telemedicine system based on bioelectrical impedance vector analysis (BIVA): CardioBIVA. One in five people in Europe will experience heart failure. CHF is the most common cause of hospitalization in people aged over 65, and half of these die 5 years after the first hospitalization. Heart problems cause 29% of total global deaths, and in Europe 47% of all deaths- over 4 million/year. CHF costs the EU economy €60 billion a year. We have a clear business opportunity, as an IoT telemedicine system that would enable an easy and frequent monitoring of a reliable physiological indicator to CHF in the home environment is expected to substantially reduce hospitalizations and, as a result, lower medical costs and impact on life. The telemedicine industry has become an integral part of the European economy, investing approximately €200 billion a year. The shipments of telemedicine “gateways” for CHF are expected to reach 561,000 in 2015 and over 3.5 million units by 2020. We already have the primary distribution covered by HERIM’s consolidated sales network in Iberoamerican countries, complemented by IRIDEON’s e-commerce channel. The secondary channel will be other Medical Equipment and Supply companies and Insurance companies. With the exploitation of CardioBIVA we expect to create 35 new job positions, internationalize and enter new markets where telemedicine programmes are limited by resources, and increased revenue from sales generated by CardioBIVA (NPV=€8.9 million, ROI=0.70).

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The information about "CARDIOBIVA" are provided by the European Opendata Portal: CORDIS opendata.

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