Ortho R&D Trends: Cost reduction is the mother of invention
Submitted by Steve Lamb on Tue, 2014-06-17 00:00Today’s big ortho device manufacturers justify raising their prices with the introduction of new models and technologies, and the cost of research that’s gone into making them. But the truth is, over the past decade, the orthopedics device industry has mostly stabilized. What’s more, many of these new devices lack the clinical data to suggest superiority over traditional products.