Designing Medical Devices with Economics in Mind

May 7, 2021

These days the medical device community routinely includes economic endpoints in foundational clinical trials and developing marketing materials that speak specifically to the cost savings of a device. However, we rarely see medical devices explicitly taking health care economics into consideration in the creation of user needs and the ultimate design of the device. Designing with health care economics in mind does not necessarily mean removing features and making a device at a lesser price. Rather, there are a few rules of thumb that you can keep in mind.