Med Device Online: Examining Medtech's Booming Heart Valve Market
A new article in Med Device Online written by Back Bay Life Science Advisors cardiology and medical device experts examines the booming heart valve market and guides large medical device manufacturers considering mitral valve development and future strategy:
Create a “toolbox” of devices to treat mitral valve disease
Tackle pricing and regulatory challenges early
Leverage existing salesforce to drive adoption
For early-stage manufacturers, the authors advise:
Favor a transfemoral delivery system over a transapical approach
Consider ease of use and long-term care
Look at parallel track development of technology for tricuspid valve
Collect more established data before potential strategic partnerships (include short-term and long-term outcome measurements to achieve a comprehensive clinical perspective)
Examining Medtech's Booming Heart Valve Market describes these considerations and discusses the pace of medical device development, now fueled by non-invasive heart valve technologies. Read and share at meddeviceonline.com.