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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.

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

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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