Presentation on theme: "MedTech – An Overview Markets with Great Future Potential Opportunities for Innovation Opportunities for Innovation and Investment Alan Barrell – Chairman."— Presentation transcript:
MedTech – An Overview Markets with Great Future Potential Opportunities for Innovation Opportunities for Innovation and Investment Alan Barrell – Chairman NHS Innovations East Business Angel International EASY Investment Forum – Sophia Antipolis 21 st November 2008
What GOVERNMENTS have said about MedTech…. The European healthcare products industry plays a significant role in contributing to patient care, public health and the European economy. It is highly diversified and innovative, capturing a wide range of technological advances for application in the medical field. There is considerable potential for growth in this knowledge-intensive sector, leading to expansion of manufacturing activities and job creation. Focussing on this industrial sector reflects Governments agendas by stimulating innovation as a means to maintain Europes edge as a market leader in science and technology intensive markets.
Diversity of customers Hospitals GPs Community care
The Diversity of Medical Technology and Equipment – Knowledge and Engineering Intensive High Tech Hospital Equipment e.g. CT/MRI Scanners Diagnostics – camera pill, endoscope Telemedicine, telehealth Patient Monitoring, biosensors etc Wearable devices, wireless, mobile technologies. Implantables, nerve stimulators, pacemakers. Drug delivery systems, implantable Disposable- catheters, syringe, wound care. Rehabilitation devices. O.T.C. Over the Counter – diabetes, pregnancy etc. Syringes and Needles….and many simple things
Three Converging Revolutions Three Pervasive Technology Platforms BioTech Pharmaceuticals Diagnostics Research/Info Tools Industrial Genomics Bioinformatics Proteomics INFO TECH Hardware Software Communications NANO TECH Electrical Structural Biomedical Energy & Environment Biosensors Biochips Bioelectronics Microfluidics Nanobiotechnology Drug Delivery Nanodevices Nanosensors Nanoelectronics
Converging Technologies in MedTech I.C.T. BioTech Advanced Manufacturing Engineering Medical Technology Electronics
MedTech – A World of Innovation…. Incremental Disruptive
complexity Incubation and Implementation – MedTech – a world of….complexity
Requiring the highest manufacturing standards – GMP
Patient Capital MedTech – from Idea, to Innovation to Reality – needs Patient Capital ….
Some Future Directions…. Earlier Diagnosis & Prevention Greater use of in-vitro diagnostics and imaging. Biosensors Pharmacogenomics, pharmacogenetics Assistive Technologies Smaller, lighter devices. Advanced materials I.T. developments. Technologies for an ageing population Orthopaedic implants Technologies for nerve regeneration. Drug / Device combinations. Drug eluting stents Blood sugar sensors and delivery pumps Closed loop therapeutic systems
more And more exciting prospects…. Tissue Engineering replacement of corneal tissue, nerve and blood vessels. replacement for kidney, liver and pancreas, stem cells, bionic eyes, implanted hearing aids combine biological and electromechanical technologies Nanotechnology nano surfaces encourage tissue organisation. generation of particles targeted at tumour tissue Robotics Orthopaedic implants Technologies for nerve regeneration – stem cells again. I.C.T. pacemakers, defibrillators, imaging, diagnostics life support and monitoring equipment
MedTech – Tomorrows World – Today Thank you for listening…. More at…. www.alanbarrell.com www.sophiabusinessangels.com EASY Investment Forum – Sophia Antipolis 21 st November 2008