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Healthcare Innovation

  • Ian E. Maxwell
Chapter

Innovation in the health sector has been quite phenomenal over the past few decades as evidenced by rapid development of new drugs, medical devices and health management software underpinned by world class scientific research. However, these spectacular healthcare innovations have been accompanied by ever increasing costs to governments, hospitals, medical insurance companies and patients. In addition, poor countries are demanding that life-saving drugs be made available at much lower cost for humane reasons.

In addition to this cost issue, large pharmaceutical companies are faced with many blockbuster drugs coming off patent, being withdrawn from the market due to severe side effects and relatively weak pipelines of new drugs from their own large research laboratories. Parallel to these political and business developments, scientific biological research continues to make great strides in gaining a deeper understanding of human biology at the molecular level as witnessed by the recent...

Keywords

Cancer Stem Cell Robotic Surgery Heart Valve Disease Disruptive Innovation Blockbuster Drug 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

Copyright information

© Ian E. Maxwell 2009

Authors and Affiliations

  • Ian E. Maxwell

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