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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.

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

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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