Model based health-economic analysis of the value of a surgical sewing machine
|Funding from Vinnova||SEK 116 000|
|Project duration||August 2019 - January 2020|
|Venture||Medtech4Health: Competence Enhancement in SME|
|Call||Medtech4Health: Competence enhancement for smaller companies|
Purpose and goal
Suturion AB develops a sewing machine for long surgical suture lines. It produce a swift standardized seem and facilitates for the surgeon to adhere to best practice principles of abdominal closure after surgery which is essential to reduce the risk for complications.
Expected results and effects
The Suturion device offers a unique technical solution in surgical suturing. It closes the incision after abdominal surgery faster and with higher precision compared to traditional technique and reduce operating time and complications such as incisional hernia. The reduction in complications and operating time allocates much needed surgical resources to other patients.
Planned approach and implementation
We will develop a health economic early decision model which summarizes patient benefits and cost outcomes under alternative scenarios comparing Suturion device to standard of care. The model evaluate market strategies under different assumptions for how the product is implemented in hospitals and provide documentation for the business model to attract investors.