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CLEVELAND (Dec. 6, 1:10 p.m. ET) -- There is a major paradigm shift taking place in the health-care and medical-device industry that is influencing the direction of innovation, according to Dr. Joseph Iannotti, chairman of the Orthopedic and Rheumatology Institute at the Cleveland Clinic.

“We’re going to be judged based on value,” he said at the recent Medical Innovation Summit in Cleveland.

Innovators and inventors of new technologies and medical devices need to answer complex questions such as what value does the technology bring to the market? Where should it be used and where should it not be used?

And that onus, said Iannotti, is on the innovator of the technology.

To read the full, original article click on this link: Plastics News - Medical-device innovators shift gears