I keep reading about the multiplicity of device options that orthopedic surgeons have with all the choices of implants, trials, constraints, angles, coatings, poly, PEEK combos, etc. All available in the OR if the surgeon needs it.
The old 2.0 thinking should be breed out of us in the 2020’s.
Why is the industry so obsessed about more implant choices?
Is this driven by the surgeons?
…by the device companies?
… or by both?
I believe that most of the business problems in an orthopedic device company are linked to having too many implant choices and too much product complexity.
Complexity is not the answer.
More complexity creates:
more capital tied up in inventory
more shipping
more cleaning and reprocessing
more product processing
more implant packaging
more surgeon training
longer times in surgery
and the need for more service reps
Simplicity is the answer.
Simplicity can create value for everyone – patient, healthcare provider, device company, shareholders, etc.