Are Economics the Cause of a Lag in the Development of Medical Devices for Children?
Published date : 13 May 2013
Article date : 06 May 2013
The New York Times hosts an interesting blog claiming that the development and availability of medical devices for children is a decade behind device development for adults. They say that young patients often have to go through multiple operations to resize or replace devices that no longer fit or have worn out.
Could this be down to economics? The blog refers to the pediatric market being far less sizeable than the market for adults thus making it difficult for device manufacturers to recoup R&D costs for smaller devices.