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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. €

0

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.

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

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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