Unlike most diagnostic technologies such as X-Ray Tomography or Echo Ultrasound, the Infrascope™ introduces no energy into the human body to obtain diagnostic information. The Infrascope™ simply detects energy emitted by the human body using proprietary detection technology that is capable of detecting sound within the defined frequency range.
The technology has been validated and international patents are in place for medical and wearable devices. The next phase of new product development often referred to as “design for manufacture,” is to ensure the products are suitably designed and engineered for scale-up to volume manufacture.
The Unmet Need
In short, this technology has the potential to bring about a revolution in every area of cardiovascular care, as well as other specialties yet to be identified. At this time, it is difficult to accurately quantify the size of the market for this device. However, in view of the high cost of cardiovascular care highlighted earlier, it is confidently believed that a multibillion dollar global market exists for the product, with revenue models derived from a combination of device sales and annual licensing fees to provide recurring revenue.