Model based health-economic analysis of the value of a surgical sewing machine

Reference number
Coordinator Suturion AB
Funding from Vinnova SEK 116 000
Project duration August 2019 - January 2020
Status Ongoing
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.

The project description has been provided by the project members themselves and the text has not been looked at by our editors.