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CryO2

Telemetric control of oxygen delivery for therapy optimization and adherence

Total Cost €

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EC-Contrib. €

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Partnership

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 CryO2 project word cloud

Explore the words cloud of the CryO2 project. It provides you a very rough idea of what is the project "CryO2" about.

telemedicine    industry    wireless    solutions    telephone    billion    tanks    consumption    usa    prevention    care    therapy    patients    cryo2    position    facet    receive    4million    signs    trl    rising    provision    personal    potentiating    regulation    estimate    flow    poor    sold    annually    integral    o2    home    full    20    thinsp    service    finalizing    oxygen    grade    visits    flux    patient    commercial    wsn4life    hospitalization    72    medical    30    million    18k    valuable    sign    closely       2018    13    adherence    reducing    worldwide    envisage    intend    600    innovative    39    base    2023    pneumologists    business    telemetric    intensively    opportunity    central    transform    launch    distress    global    units    remotely    disease    device    tested    prototype    ltot    follow    solution    upgraded    exacerbation    basis    30k    sensors    version    automatic    roi    revenue    services    q4    monitoring    vital    integration    source    algorithm    readily    evolution    providers    strengthen    sensor    miniaturization    remote    health   

Project "CryO2" data sheet

The following table provides information about the project.

Coordinator
WIRELESS SENSOR NETWORKS SRL 

Organization address
address: VIA L. MANARA 31
city: MONZA
postcode: 20900
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 Italy [IT]
 Project website http://www.wsn4life.com
 Total cost 71˙429 €
 EC max contribution 50˙000 € (70%)
 Programme 1. H2020-EU.3.1.4. (Active ageing and self-management of health)
2. H2020-EU.2.1.1. (INDUSTRIAL LEADERSHIP - Leadership in enabling and industrial technologies - Information and Communication Technologies (ICT))
3. H2020-EU.2.3.1. (Mainstreaming SME support, especially through a dedicated instrument)
4. H2020-EU.3.1.6. (Health care provision and integrated care)
 Code Call H2020-SMEINST-1-2016-2017
 Funding Scheme SME-1
 Starting year 2017
 Duration (year-month-day) from 2017-08-01   to  2017-11-30

 Partnership

Take a look of project's partnership.

# participants  country  role  EC contrib. [€] 
1    WIRELESS SENSOR NETWORKS SRL IT (MONZA) coordinator 50˙000.00

Map

 Project objective

'One million patients receive long-term oxygen therapy (LTOT) in the USA and 600,000 in EU with an estimated cost of €4 billion/year, rising 13% annually due to hospitalization and disease exacerbation for poor therapy adherence. Health care service providers try to increase their home-base services increasing personal visits to patients,and pneumologists try to closely follow-up patient#39;s therapy and disease evolution by telephone call. However, present solutions do not offer an integral solution able to remotely control every facet of patient#39;s management processes such as vital signs monitoring, automatic regulation of O2 flow from tanks and, telemetric therapy adherence. In WSN4LIFE, we have a 13-years valuable experience in medical device and telemedicine services and wireless sensor integration. Our innovative CRYO2 product will be offered to O2 source device sector as device and to health care service providers as telemedicine service. It will transform LTOT management, reducing distress for patients, reducing 20% hospitalization costs because of prevention in disease exacerbation and reducing by 30% the O2 consumption.Our TRL-6 prototype has been intensively tested to be readily upgraded in O2 tanks central unit. During the Phase 1 we intend to study its implementation by potentiating algorithm integration, sensors and central processing unit component miniaturization and finalizing test for remote O2 flux regulation. This will set the basis for a Phase 2 project development and launch a full commercial version by Q4 2018.We envisage CRYO2 being a great global business opportunity because no others solution offer our grade of vital sign integration and remote control. We estimate a 30k units sold and 18k service provided,a €5.4Million revenue and a ROI of 3.72 by 2023. CRYO2 will strengthen the global position of European medical device industry for oxygen therapy management and foster the home-based health care service provision for patients worldwide'

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The information about "CRYO2" are provided by the European Opendata Portal: CORDIS opendata.

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