The current primary application of neurostimulation implantable medical device platform technology is to treat chronic pain. Despite advances by medical device companies, the pain market still has many medical device unmet needs, is underserved and has significant room for growth.
The tie that binds the development of medtech product innovation and medical device pricing strategy must be strong. To define medical device market potential, there are three critical questions you need to ask:
Femtech: Medical devices that target women specifically. It includes products such as fertility solutions, period-tracking apps, nursing care, women’s sexual wellness, and reproductive system health care.
It is the dream of every medical device company. Re-invent a commodity product by neatly addressing all the customer’s unmet needs that have evolved over the years.
Drug delivery devices are a critical component in the delivery of healthcare. Important market segments include diabetic drug, needle-free drug delivery and the newly emerging #smartdevice.