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Benjamin Gray, CTO of Lighthouse Imaging, and Justin Starbird, dig deeper into disposable devices and what the benefits are. They discuss a little bit of a more clear visual for listeners on why disposable devices are becoming a major trend in the medical device space. They also answer why it is so important for manufacturers or companies developing devices to take this into consideration.
Benjamin explains, that there are really two major categories. One is more cost-related and the other is more use related. The simpler one to address is the cost equation, the cost side of things. If a disposable or a single-use device economically doesn't make sense, it likely won't get developed, at least not as a single-use device. One of the challenges obviously is using material once and then discarding it. Cost of the device itself becomes very important, which maybe is less so important in a device that gets reused over and over.
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Benjamin Gray, CTO of Lighthouse Imaging, and Justin Starbird, dig deeper into disposable devices and what the benefits are. They discuss a little bit of a more clear visual for listeners on why disposable devices are becoming a major trend in the medical device space. They also answer why it is so important for manufacturers or companies developing devices to take this into consideration.
Benjamin explains, that there are really two major categories. One is more cost-related and the other is more use related. The simpler one to address is the cost equation, the cost side of things. If a disposable or a single-use device economically doesn't make sense, it likely won't get developed, at least not as a single-use device. One of the challenges obviously is using material once and then discarding it. Cost of the device itself becomes very important, which maybe is less so important in a device that gets reused over and over.