The problem you are solving

It is currently estimated that over 3 billion people worldwide are nutritional deficient in Vitamin D, Ferritin (iron), Vitamin A and Vitamin B12. These deficiencies have become one of the primary concerns as patient deficiencies have been linked to decreased bone health, obesity, chronic pain, depression, multiple sclerosis, and insulin resistance, as well as increasing the risk of developing prostate and breast cancer. Number of iron deficient population is higher than Vitamin D deficient. Serum ferritin concentrations help to diagnose anemia, iron overload, and idiopathic inflammation. North American population accounts for over 70% Vitamin D deficiency. Market reports and Stats Canada state that Vitamin D deficiency costs $14 billion to health related issues in Canada alone and is a worldwide problem. Global market potential for NanoSpeed’s target market is over is over $600 billion for the testing requirements for Vitamin D. Most of the Provinces in Canada have stopped Vitamin D testing for general population owing to un-manageable costs. In Alberts, only specialists can order Vitamin D tests. Consumers will benefit by maintaining their optimal levels and Governments will save by less visits to the doctors and labs.

Study Title (long)

Point-of-care testing (POCT), or onsite testing, is rapidly emerging as a potential alternative to conventional laboratory-based diagnostic testing. By providing actionable information at the time and location of care, POCT allows diseases to be diagnosed at an early stage. Emerging POCT trends include the development of less invasive and more continuous testing, and the growth of miniaturized technologies. POCT systems can improve patient care through real-time and remote health monitoring.

Intended Use & Areas of Interest

• General Health and Wellness

Brief description of how to use

All the test kits are self sufficient to perform the assay: 1. Collect a drop of blood from the finger by the provided pipette, and dispense on the cassette. 2. Add three drops 3. Read the test results after 10 minutes For deficient test results, immediately consult the doctor.

Seeking

• Evaluators
• Investors

Target Market

Canada and Outside Canada, ,

Exclusion Criteria

Only for Adult Population

Evaluation Period

02/07/2024 - 31/12/2024

Evaluator Sex & Age

Male Female , From 18 to 90

Evaluator Compensation

To Be Discussed

Commitment of Evaluators

15 minutes

Length of Follow-up (Months)

1

Story Inspiration

NanoSpeed's products are targeted for Consumers for their 'Optimal Health and Wellness' at the SPOT and mitigates time consuming doctor's and lab visits.