Background
Skin disease is one of the leading causes of global disease burden, affecting millions worldwide. There are at least 15 categories of skin diseases, with acne, fungal skin disease, and skin and subcutaneous disease being the most prevalent. Skin diseases are not only a detriment to the skin and quality of life, but also spread over time. It is extremely important to control the spread of skin diseases and have reliable image processing technologies for early detection and effective diagnosis. The disclosed technology addresses an unmet medical need by proposing an innovative method for early detection and subsequent diagnoses of skin diseases.
Competitive Advantages
Market
The disclosed technology falls under the live cell imaging global market. This market was valued at $4.6 billion in 2016 and continues to expand at 8.5% CAGR between 2018 and 2025. The market is further segmented into products, applications, regions and technologies. North America dominates the majority of the market share. The market is driven by the increased prevalence of chronic diseases and the need for technologically advanced screening and diagnostic techniques.
Rowan University is looking for a partner to further develop and commercialize this technology through a license. The inventor is excited to collaborate with interested companies.