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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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 Outcomes and results

 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.

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

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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