To set up Tikker, the wearer fills out a questionnaire by entering information about their medical history, including allergies or illnesses.
They are also asked whether they drink or smoke and if there are any instances of cancer, diabetes and other diseases in their family.
Wearers are additionally asked about how much exercise they do, as well as how much they weigh before receiving a score.
Their age is deducted from the results to predict a death date and the Tikker begins the countdown.
'Imagine someone told you that you only had one year left to live. How would that change your life? For all of us life comes with a best-before date,' said Colting.
'While death is non-negotiable, life isnt. All we have to do is learn how to cherish the time and the life that we have been given; seize the day and follow our hearts.'
Colting came up with the idea when his grandfather passed away.
To set up Tikker, the wearer fills out a questionnaire by entering information about their medical history.
They are also asked whether they drink or smoke and if there are any instances of cancer, diabetes and other diseases in their family.
Wearers are additionally asked about how much exercise they do, as well as how much they weigh before receiving a score.
Their age is then deducted from the results to predict a death date, and the Tikker begins the countdown.
The Tikker watch, pictured, comes in black and white and costs $59 (36). It is due to be shipped by April 2014 and Colting is hoping to raise $25,000 (15,500) to fund the project on Kickstarter
The top row of the watch's digital display shows years, months and days, while the second row counts down hours, minutes and seconds. The bottom row shows the local time.
'From years to seconds it presents time ever moving, never standing still, and our lives dwindling
towards the final rest,' said Cotling.
'The occurrence of death is no surprise to anyone, but in our modern society we rarely talk about it. I think that if we were more aware of our own expiration Im sure wed make better choices while we are alive.'
The design team has set up a Tikker Kickstarter hoping to raise $25,000 (15,500). The watch costs $59 (36) and is due to be shipped by April 2014.