The majority of medical device companies continue to shy away from developing pediatric medical devices because the process is costly and the market is small. They don’t see the ROI. One organization that has been particularly active in advocating for the development of devices for this important population is the Sheikh Zayed Institute for Pediatric Surgical Innovation at Children’s National Health System, which in conjunction with the A. James Clark School of Engineering at the University of Maryland, started the National Capital Consortium for Pediatric Device Innovation (NCC-PDI) six years ago. NCC-PDI also added healthcare accelerators BioHealth Innovation and MedTech Innovator to the consortium recently and created the Pediatric Device Innovator Accelerator Program.
