Periodic Reporting for period 1 - SensAgain (Restoring of SENSAtions from Lost LeGs for health And qualIty of life augmeNtation in amputees)
Reporting period: 2017-09-01 to 2019-02-28
Regarding health systems, by avoiding asymmetry in amputees’ walking and balance, and therefore by avoiding the development of bone diseases, SENSY will save costs to the society.
From the viewpoint of normative regarding reimbursements, both in USA and Europe, DRG codes are available for the systems for peripheral nervous system stimulation (e.g. vagal stimulator), which can be suitable also for SENSY. Moreover, lower limb prostheses are reimbursed for up to 80000$ (e.g. Genium system in USA).
Nevertheless there is a clear need for such a neuroprosthetic system, to the best of our knowledge there are no companies commercializing a device similar to SENSY. That would enable potentially a disruptive placement of SENSY within the neuroprosthetic field. Overall, the potential customers with a real need are numerous, the market value is highly estimated, the reimbursement of devices for amputees is favourable, and the competition is low. These factors make the prosthesis market as a potentially remunerative one for the commercialization of SENSY.