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Published in: The European Journal of Health Economics 9/2016

01-12-2016 | Editorial

Incentivizing research into the effectiveness of medical devices

Authors: Michael Drummond, Rosanna Tarricone, Aleksandra Torbica

Published in: The European Journal of Health Economics | Issue 9/2016

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Excerpt

Medical devices (MDs) often obtain market authorization with much less clinical evidence than other health technologies, especially pharmaceuticals. This is due to a number of reasons. First, in contrast to pharmaceuticals, there is no legal requirement to conduct adequately controlled clinical studies, other than for ‘high-risk’ devices in some jurisdictions. In the US for example, high-risk devices and innovative lower-risk devices are required to demonstrate ‘reasonable assurance of safety and effectiveness’, which may imply clinical evidence based on randomized studies in many instances. In contrast, in the EU the requirement is to demonstrate adequate performance and safety, which can often be achieved by conducting observational studies such as registries [1, 2]. …
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Metadata
Title
Incentivizing research into the effectiveness of medical devices
Authors
Michael Drummond
Rosanna Tarricone
Aleksandra Torbica
Publication date
01-12-2016
Publisher
Springer Berlin Heidelberg
Published in
The European Journal of Health Economics / Issue 9/2016
Print ISSN: 1618-7598
Electronic ISSN: 1618-7601
DOI
https://doi.org/10.1007/s10198-016-0820-3

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