4 Medtech Innovations That Are Tearing up the Script

Decision Resources Group (DRG) released a new report today, "4 Crazy Medtech Innovations" that identifies four areas of medtech innovation that are forecasted to shake up the treatment landscape within the next five years. "The reason we decided to look at crazy innovation in medtech was that a few people on our consulting team were doing that and to help them out we decided to do a scan talking to our different data experts, therapy experts, [to learn] what have people seen that's actually crazy innovation," Lexie Code, director of medtech learning at DRG, told MD+DI. After gathering intel from each of these experts regarding which innovations they'd seen in their designated therapy areas that stood out, Code asked a DRG data expert who tracks hospital purchasing data to do a poll of high-growth products that had really strong unit growth over the past year, just to make sure they weren't missing anything. "And that was actually really surprising because when we looked at the high-growth lines, almost every time I checked into what it actually was it was what you'd call a 'me too' product," Code said. "That was a really interesting revelation that there actually aren't that many things that really is showing a game-changer type of solution. That made us feel more comfortable that we'd really honed in on some exciting innovations from our top therapy experts." The next task was developing criteria to narrow the list down to the four innovat...
Source: MDDI - Category: Medical Devices Authors: Tags: Business Source Type: news