Key features of our company
Rapid response to ever changing climate of COVID-19.
Aiding the men and women fighting COVID-19.
Innovation for the masses; Developing low cost solutions to respritory PPE.
Keeping our health care workers safe.
With limited access to necessary PPE, healthcare workers are forced to reuse disposable filters posing a risk to their health and patient safety. The Acute Technologies PAPR is looking to change that by delivering a low-cost and reusable respirator PPE to protect frontline workers from the spread of the COVID-19 virus.
PAPRs focus on the healthcare worker to ensure safe and reliable respiratory PPE. The PAPR uses a facemask with an integrated mini blower and replaceable filter cartridge. The mini blower draws air through a low-cost N95 filter, delivering a stream of fresh filtered air to the user. The lightweight mask ensures a comfortable, universal fit for long hours of use.
Some of the key manufacturers in the PAPR system market are 3M, Avon, Bullard, etc. 3M is currently partnering with Ford to manufacture PAPR systems for healthcare workers that will have a battery life of nearly 8 hours. While, Bullard PAPR system has the best in class airflow and it outperforms most of its competitors. PAPR systems manufactured by Avon are curated for military, law enforcement and fire safety. On an average a PAPR system costs about $1000. Hence to compete with the existing manufacturers our product must have a comparable battery life, airflow quality and a cost lower than $1000.
The PAPR system is an essential part of the petrochemical, pharmaceutical, fire-safety, and healthcare sectors. The global market for PAPR systems was valued at $1.8 billion in 2018. With a Compound Annual Growth Rate (CAGR) of approximately 6% the global market of PAPR systems is projected to grow by $686 million in the duration of 2020-2024. With the ongoing pandemic and fears of a second wave of COVID-19 the need for the PAPR system in the healthcare sector is greater than ever. Consequently, the PAPR system market is facing an increased demand and a shortage of supply which makes it a perfect time to enter this market.
Manufacturers of our device, hospitals, and healthcare professionals will be our primary partners in our business. Intellectual Property in the form of patents along with good branding of the device will be our key resources. We will employ the classic hook and bait model for revenue generation. Where our device purchases will be accompanied by recurrent filter purchases.
Interested in joining our efforts or have any questions about the project? Contact us here!