Using early health economic modeling to inform medical innovation development: a soft robotic sock in poststroke patients in Singapore.

ABSTRACT:

Objectives

Based on a real-world collaboration with innovators in applying early health economic modeling, we aimed to offer practical steps that health technology assessment (HTA) researchers and innovators can follow and promote the usage of early HTA among research and development (R&D) communities.

Methods

The HTA researcher was approached by the innovator to carry out an early HTA ahead of the first clinical trial of the technology, a soft robotic sock for poststroke patients. Early health economic modeling was selected to understand the potential value of the technology and to help uncover the information gap. Threshold analysis was used to identify the target product profiles. Value-of-information analysis was conducted to understand the uncertainties and the need for

SUBMITTER: Wang Y 

PROVIDER: S-EPMC11574750 | biostudies-literature | 2023 Jan

REPOSITORIES: biostudies-literature