November 28, 2018

Can Business Keep Pace With Innovation?

The Thanksgiving holiday is a contemplative time.  A time to reflect back on the passing year and to look forward to the next.  This Thanksgiving was a bit more resonant for me, as the realization that I’ve been in this industry for 30 years settled in, along with the turkey, gravy and stuffing. I started my career in the life sciences, calling on the research laboratories and fledgling startups in Cambridge, MA back in the […]
October 17, 2018

Accelerating Development in a World of Growing Complexity

Recently, I’ve been surveying a number of reports and articles forecasting the future of medical devices.  Specifically, the future trends emerging in interventional cardiology, structural heart, neuromodulation and drug/device combination products. Some of the individual market segment takeaways include: ~ Improvements in cardiac mapping are combining with advances in ablation technologies to improve patient outcomes while simultaneously shortening procedural times, elevating throughput in the cardiology lab. ~ Real-time, visual guidance using intravascular imaging, fractional flow […]
September 24, 2018

The Financial Impact of Strategic Innovation

Market intel firm CB Insights recently published results from its survey of corporate strategy executives, illustrating the fact that 41% of executives say their firms are extremely at risk, or very at risk of disruption.  Perhaps no other industry is more vulnerable to disruption than medical device. Let’s explore the confluence of market drivers that medical device companies face: Demographics – U.S. populations are growing older and living longer. Prevalence of Chronic Conditions – According […]
August 28, 2018

The Coming Age of Strategic Innovation in Medical Device

Efficient and effective engineering and new device development have always been central to the success of medical device companies.  Under the traditional, Fee-For-Service reimbursement landscape, companies could identify costly or marginally effective procedures and develop products that improved patient outcomes while lowering the current cost of care.  As medical device companies evolved, many developed a particular rhythm to the development and commercialization process.  In the past, I’ve worked with device companies that actually held off […]
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