Marketplace

 

Marketplace

We are Developing State of the Art Software Technology Which May Aid in Early Diagnosis of
Autism and Other Neurological Conditions

With an estimated 3.5 million Americans living with Autism Spectrum Disorder (ASD), the Center for Disease Control recommends all children be screened for developmental delays and disabilities at 18 and 24 month well baby visits. The recommendation specifically indicates screening for ASD. It is anticipated as many as 4 million Americans will suffer with ASD within the next 10 years. Currently diagnosing ASD requires a team of specialists observing the individual over a period of time, which involves time and money.

We are developing a promising technology which integrates with existing technology (MRI scan) and in initial research has demonstrated a high degree of accuracy in aiding in early diagnosis of ASD. This technology also has the potential to assist in the diagnosis of other neurological conditions/neurodegenerative disorders. We are conducting further research to substantiate these promising findings.

To date, two patents have been issued for this technology.

The global ASD market was valued at $346.2 million in 2013 and $360.9 million in 2014. This market is expected to grow to $412.7 million by 2019, a compound annual growth rate (CAGR) of 2.7%. ASD is reported to occur in all racial, ethnic, and socioeconomic groups. ASD is about 4.5 times more common among boys (1 in 42) than among girls (1 in 189). Studies in Asia, Europe, and North America have identified individuals with ASD with an average prevalence of between 1% and 2%.