echocare, care, boston, ma (usa)
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EchoCare Technologies Proprietary Information
ECHONon-Wearable PERS
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Aging2.0 GSS
June, 2016
ECH CARETechnologies
EchoCare Technologies Proprietary Information
Leadership
• Rafi Zack, Co-founder & CEO
• >25 years of extensive experience in
technology (RF, DSP, Wireless & SoC),
management and BizDev
• Sr. Dir. of Emerging Technologies of Alvarion
• Founder and CEO of Sixtycom
• VP products of Wisair
• Sys. Manager of DSPC (acq. by Intel for $1.6B)
• B.Sc in EE , BGU, M.Sc in EE, TAU Israel
Founders
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• Dr. Yossi Kofman, Co-founder &
executive director
• Experienced entrepreneur (>25years)
• Co-founder and CEO of Groundwork BioAg,
bSolar , (PV bifacial cell producer)
• Co-founder of Siklu communications (60-80
GHz, 1 Gbps systems)
• Co-founder and co-CEO of Modem-Art
(acquired for $145M)
• D,Sc, in EE, Technion, Israel
EchoCare Technologies Proprietary Information
Elderly Falls – The Acute ProblemThe major concern of elderly caregivers
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In 2013, direct medical costs for falls in U.S. —what patients and insurance companies pay—totaled $34 billion (CDC)
EchoCare Technologies Proprietary Information
Existing Fall Detectors Limitations
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Existing products are wearable, accelerometer based
End Result - Limited penetration, 2-4% (Parks Assoc. 2013)
Operational limitations
Senior perception and image issues
Usually removed during bath and sleeping time (non 24/7)
Seniors neglect re-wearing when getting out of bed or bath
Limited acceptance and use
High rate of false alarms and miss-detects (not accepted by both seniors and operators)
Gets partial information (mainly body motions)
Requires periodical charging
EchoCare Technologies Proprietary Information
Changing Shape of Japan’s Population Pyramid
Age 1950 2050 (Projection)
Source: Statistics Bureau MIC: Ministry of Health, Labour and Welfare
2006
35.4%
59.6%
4.9%
13.6%
65.5%
20.8%
8.6%
51.8%
39.6%
The World is Heading Towards Elderly Crisis
• Elderly population:
• US - 45M in 2015, 85M in 2050
• China - 200M in 2015, 400M in 2040
• Japan – 30M (25% of population)
• Dramatic reduction in caregivers per family member
• Necessitates paradigm shift toward automated and remote monitoring
65+ population will be doubled in 30 years
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65 years old and over
15-64 years old
0-14 years old 0
20
40
60
80
EchoCare Technologies Proprietary Information
Multi Billion Immediate Addressable Market
• Population in developed countries – 140M
• Potential SAM of $10B -$20B,
• Current penetration rate of fall detectors is insignificant
Age 65+, Developed Countries
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SAM penetration model
Parks Associates 2013, extrapolated Model
0
500
1000
1500
2000
2500
3000
3500
2017 2018 2019 2020 2021 2022
M U
SD
Year
Australia
UK
Sweden
Norway
Italy
Germany
France
Finland
Denmark
Japan
Israel
Canada
USA
EchoCare Technologies Proprietary Information
The EchoCare Breakthrough SolutionNon-Wearable PERS (Personal Emergency Response System)
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RADAR based solution that automatically alerts an emergency & abnormal situations at home
Disruptive fall detector with very low false alarm (<1/Month)
Monitoring 4 essential body indications – Location, Posture, Motion, Respiration
Single device for a standard apartment
Through the wall coverage
EchoCare Technologies Proprietary Information
ECHO Form-Factor PrototypeCeiling deployment
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EchoCare Technologies Proprietary Information
ECHO – How it works (Acute Fall)
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Multiple Feature Extraction
Posture Motion RespirationLocation
Living Room
Lying Fall
HyperVentilation
EchoCare Technologies Proprietary Information
Various Falls
• Collapse fall• Sliding in bath• Sliding from a chair• Repeated non-acute falls
Stress Cases• Long stay at restroom• Hyperventilation breathing• Abnormal motions
Sleep Monitoring
• Sleep Apnea• Exceeding restroom
access• Exceeding sleeping cycles
ECHO Supported Emergency cases
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EchoCare Technologies Proprietary Information
Additional Emergency Cases
Breathing stress during sleep
• Location – bed
• Posture – laying
• Motion – low motion
• Respiration – change from normal to hyperventilation
• Conclusion – Breathing stress
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Long stay at restroom
• Location – restroom, 2 hour
• Posture – sitting
• Motion – low motion
• Respiration – normal
• Conclusion – 2-hour stay in restroom
EchoCare Technologies Proprietary Information
Long Term Abnormal Cases
Repeated falls detection
• Identify & alert on several non-acute falls
• Take preventive actions to reduce acute-fall risk
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Kitchen usage routine change
• CSA identifies a lower number of daily kitchen usage
EchoCare Technologies Proprietary Information
EchoCare Factsheet
• Founded – January 2015
• Seed investment
• Investor – Incubit Ventures
• IPR – several pending US patents
• Form-factor prototype
• Experienced team: business, founding start-ups, development
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Location – Advanced Technology Park, Beer-Sheva ISRAEL
EchoCare Technologies Proprietary Information
Thank You
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Always-on, non-intrusive solution that provides seniors and their families, safety, comfort, and
peace of mind