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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.

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

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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