A Novel Handheld Ultrasound Medical Imaging Probe: Prototyping, Initial Validation and Business Development

The LucidWave Project aims to develop a low-cost, advanced handheld ultrasound probe for improved bedside diagnostics, enhancing medical decision-making and reducing misdiagnosis.

Subsidie
€ 2.427.025
2022

Projectdetails

Introduction

The LucidWave Project introduces a low-cost, very capable, handheld ultrasound probe for medical imaging based on an entirely new ultrasound technology. It aims to provide a light, but powerful imaging tool to a wide range of medical professionals for bedside, point-of-care, office, and operating room diagnostics.

Benefits

Doing so, it will bring the well-known capabilities of classic ultrasound imaging closer and faster to the patient, helping not only radiologists to make better decisions, but also GPs, nurses, and veterinarians. Consequently, much time, costs, and misdiagnosis will be saved for both patient and physician.

Objectives

The project has the following objectives:

  1. Starting at TRL 4, develop and deliver 2 fully functional prototypes with all parts integrated into one slim device. The capabilities will largely surpass those of current handheld devices.
  2. Validate the prototype’s performance in a clinical evaluation. Together with the foundations of a Quality Management System (ISO 13485), it will provide a head start for a later formal Clinical Validation according to the new Medical Device Regulation.
  3. Build an entrepreneurial and complementary team by inviting entrepreneurs-in-residence.
  4. In preparation for a start-up, a complete and quantified business plan will be created, building on a solid Value Proposition Canvas (including user-centric design) which is developed into a Business Model Canvas.

Alignment with EIC Transition Programme

LucidWave fits well into the EIC Transition Programme since it aims to develop a mature proof-of-concept (validated against state-of-the-art) into a prototype ready for Clinical Validation and for scaling up the manufacturing. The technical part is complemented with a business strategy for a new and healthy start-up.

Societal Impact

It addresses one of the key challenges and priorities of Europe, i.e., to build a healthy society.

Financiële details & Tijdlijn

Financiële details

Subsidiebedrag€ 2.427.025
Totale projectbegroting€ 2.427.025

Tijdlijn

Startdatum1-7-2022
Einddatum30-6-2025
Subsidiejaar2022

Partners & Locaties

Projectpartners

  • KATHOLIEKE UNIVERSITEIT LEUVENpenvoerder

Land(en)

Belgium

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