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medical device investing

Eyecarrot Innovations on Baystreet.ca

Anwesha Sengupta
May. 24, 2018 02:15PM PST
Medical Device Investing

Eyecarrot Innovations Corp (TSXV:EYC) was recently profiled in an article on Baystreet.ca as part of a roundup featuring companies developing innovative applications to further healthcare-related big data.

Eyecarrot Innovations Corp (TSXV:EYC) was recently profiled in an article on Baystreet.ca as part of a roundup featuring companies developing innovative applications to further healthcare-related big data.

A recent BIS Research indicated that  global big data in healthcare market is set to reach $68.75 billion by 2025—growing at a rapid CAGR of 22.3% between 2017-2025. What this means for visionaries like Eyecarrot Innovations is that the market for healthcare is fast expanding with several new opportunities arising across different healthcare fields.

The company has developed their BinoviTM Cloud “to generate data built to assist vision care providers, by tying together patients through a universal screening system that utilized mobile device, and a cloud Saas platform for eye care practitioners to perform necessary examinations. The research data obtained in the screening process could be invaluable to the profession, and to a large portion of the population dealing with ocular issues.”

The article further mentions that Eyecarrot Innovations is unique in the sense that by developing its visual and neuro-cognitive processing products that can be commercialized for treating visual perception disorders, Eyecarrot has established a niche for itself in the healthcare sector. “By tackling an issue that’s possibly afflicting 25% of the population, Eyecarrot has the potential to access a massive amount of data for the optometry market through its BinoviCloudTM cloud data platform.”

To read the full article, click here.

Click here to connect with Eyecarrot Innovations Corp (TSXV:EYC) for more information

Source: www.baystreet.ca

medical device investing
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