Deliver Cost-Effective Solutions
The ability to accurately model and simulate biological tissue and its interactions with medical tools is becoming of utmost importance as surgical procedures and medical devices become more complex and numerous. Traditionally, medical device designers and surgeons have solely relied on extensive, costly experimental testing, and empirical evidence to develop new medical devices and surgical techniques.
Cost of bringing a surgical device to market
In 2010 it took an average of $31 Million to take a 510(k) product and $94 Million to take a PMA product from concept to FDA clearance.
Predictive Modeling provides device designers the ability to optimize their designs, by examining the impact of design changes and predicting device procedural outcomes without the added cost and time of conducting experimental studies.