In cardiovascular and spine surgery, multi-billion dollar markets were created from entirely new procedures between 1980 and 2000, with subsequent segmentation in later years particularly as new minimally invasive procedures were developed towards the end of the 20th century. In the cardiovascular arena, the development of new procedures for angioplasty and bypasses in the late [...]
Obesity puts a burden on so many aspects of life that the socioeconomic cost is almost inevitably enormous—as well as challenging to quantify. At the individual level, there is the lower quality of life, days missed from work, decreased wages, premature retirement, potentially unemployment, and the medical costs of related illnesses, which may include depression, [...]
The worldwide market for bariatric surgical devices — the surgical device treatment of obesity — is growing at an alarming rate as a result of increasing prevalence in obesity. Data from the World Health Organization and International Obesity Task Force (see report #S825) illustrates how significant both the direct and indirect costs are that are [...]
Specific technologies and broad technology platforms have tremendous potential for market growth based on combinations of recent technology advancement, changes in clinical practice, current forces in the market and other criterial. Biotech solutions to traditional medical device technologies. The thrust of medical technology is, and has been for a long time, to make it as effective [...]
The ideal treatment for weight loss is lifestyle modification through diet and exercise: as Aristotle said, “Moderation in all things.” However, the compliance rate for this method of treatment is very low: according to some studies, less than 2% of obese people who lose excess weight through diet and exercise are successful in keeping it [...]
Diabetes represents one classic "co-morbitiy" with obesity, but also one that is frequently cited for its impact on healthcare and, by extension, healthcare costs. Co-Morbidities Linked to Obesity When we eat, we either take in glucose directly or the body converts complex carbohydrates to glucose. However, the body’s cells can’t take in and utilize glucose [...]
Obesity puts a burden on so many aspects of life that the socioeconomic cost is almost inevitably enormous—as well as very difficult to accurately pin down. At the individual level, there is the lower quality of life, days missed from work, decreased wages, premature retirement, potentially unemployment, and the medical costs of related illnesses, which [...]
The global market for bariatric surgery devices grew at an average of about 34% for 2004-2007, and is expected to continue to grow at a strong rate. Revenues are forecast to reach about $1.5 billion by 2015, with a compound annual growth rate of just over 28%. The unit growth rate is expected to be [...]
[Healthcare costs have two important components -- the cost of treating diseases and the costs of not treating them. In the din of discussion of rising healthcare costs, frequently the mantra is heard that medical technology is responsible for the higher costs. Yet, in the case of chronic diseases, the associated, preventable complications, which can run the gamut [...]
While this is separately a White Paper that I wrote and periodically re-write to reflect new stuff being developed (or progressing in that development), it is worthwhile to occasionally revisit the list of technologies that have real promise, especially if that promise is getting closer to reality, or only if the demand is simply getting [...]
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