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October 16, 2018
By: Mark Hjelle
For physicians and care providers treating neurological disorders, the use of neuromodulation devices represents a potential solution for their patients. As this technology has evolved and advanced, its therapy applications continue to expand. With over 600 diseases of the nervous system, there is enormous opportunity for neuromodulation to play a major role as an effective treatment option to improve patients’ quality of life. This is good news for those dealing with neurological disorders such as Alzheimer’s, Parkinson’s disease, epilepsy, and chronic pain, just to name a few. There is no question this technology sector represents a significant and growing area. Global Market Insights projects the neurostimulation device market will exceed $16 billion by 2024. Since the beginning of this decade, the segment has experienced consistent year-to-year growth by virtually every metric, whether in reference to a specific region or globally, or by device type/therapy application. Neuromodulation is well-positioned to increase in size with a track record of helping achieve successful outcomes. A quick assessment of just a few of the conditions provides an overview of the scope of the market and the role neurostimulation devices can play in treatment protocols. In terms of chronic pain (such as back, spine, trunk, or limbs), its estimated prevalence is 100 million people in the United States and 1.5 billion worldwide; epilepsy affects 4.3 million in the United States and 50 million worldwide; and Parkinson’s patients number 1 million in the United States and approximately 7 million to 10 million worldwide. A growing market is the perfect time for OEMs to accelerate innovation. While the market is large, it is also competitive and clinically demanding. Therefore, these firms must select the right partners with which to establish a streamlined supply chain, enabling them to be agile and deliver clinically effective solutions to the market. They also require a supplier familiar with the major factors shaping, and in many cases, re-shaping this growing neuromodulation market. Miniaturization Is Here to Stay It is hard to consider miniaturization as a trend because it is actually a must-have factor that is expected in the medical profession. Therapies like neuromodulation and miniature components and devices go hand in hand. What is important for designers, engineers, and manufacturing teams to remember is that miniaturization is here to stay; devices and components will not become larger. Neuromodulation miniaturization, specifically, requires a holistic approach. For a device, every successive generation is on a glidepath to be smaller and more sophisticated, without sacrificing performance. In many cases, the expectation will be to also deliver greater functionality. Miniaturization success requires a team approach from all the critical disciplines: materials science, design, technology innovation, and micro manufacturing. Success requires excellence in all four of these areas. A New Era for Medical Technology Supply Chains Every change within the overall healthcare system has a ripple effect on the medical device industry. This relationship is complex, but new solutions can be developed. As a result, the industry has placed an even greater emphasis on supply chain management. In this new era of supply chain management, OEM customers are striving to streamline and simplify their supply chains in the drive to become agile in the marketplace and provide greater speed-to-market to their customers. What does this mean as companies work to “Lean out” their supply chains? Outsourcing is augmented by a more integrated and collaborative approach between the OEM and their supplier partners. The build-to-print model is evolving into a deeper collaboration that integrates valuable supplier innovation into the OEM’s product development cycle. This approach, called supplier-enabled innovation, has been a critical focus at Heraeus and its medical device customers; in every customer relationship, a supplier company should strive to become a natural extension of its OEM customer’s research and development team. Solving the Cost Versus Performance Challenge Every aspect of the healthcare industry—from providers to payers to distributors to manufacturers and service providers—faces the pressures of controlling escalating costs every day. From downstream to upstream, the ripple effect faces every company in this ecosystem. The neuromodulation segment is no different. Even the most promising or proven treatment therapies are not immune from cost pressures. Added to the mix are requests to provide greater functionality and/or improve performance. Competing in this environment requires agility and a 360-degree approach. Is there another material option that can reduce cost without sacrificing performance? Can a manufacturing process be improved? Can a new or modified design allow for additional functionality or improve the overall effectiveness of the therapy? These are the questions that should be asked—and answered—every day. What Does the Future Hold? At Heraeus, we have paid close attention to those trends and incorporated them into our strategic and operational DNA. Neuromodulation therapies have a bright future and will play an increasingly important role in treatment areas, particularly:
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