Medical Equipment Design Blog

Medical Equipment Design

The Medical Equipment Design Blog is the place for conversation and discussion about medical grade materials and products, electrical and electronic equipment, computers, imaging & software, and home healthcare & diagnostics as used in the medical industry. Here, you'll find everything from application ideas, to news and industry trends, to hot topics and cutting edge innovations.
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Is Being First Being Best?

Posted December 07, 2010 7:00 AM

Should being first on the market with a new medical product be your ultimate goal? An MPMN Medtech Pulse piece recounts the case of one company taking over a decade to develop and bring its novel transcatheter valve to market. While another manufacturer is expected to bring a similar product to market first, the later entrant plans to capitalize on the "free-rider effect" and correct technical deficiencies that may arise in the "first-mover."

The preceding article is a "sneak peek" from Medical Equipment Design, a newsletter from GlobalSpec. To stay up-to-date and informed on industry trends, products, and technologies, subscribe to Medical Equipment Design today.

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Anonymous Poster
#1

Re: Is Being First Being Best?

12/08/2010 9:55 AM

Hi Inventor,

In marketing with nanything, being the first is the best! You know the importence of your equipment and the impact on the marketplace. The incumbent get the initial share of the market and can maintain it up to domination when no one makes major improvement of this equipment or cut the price and profits.

Yes, I suggest to be the first if your equipment works to customer satisfaction. You create the market and you can dominate for many times! Good luck and do it fast, Gil.
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Anonymous Poster
#2
In reply to #1

Re: Is Being First Being Best?

12/08/2010 1:20 PM

I always do it fast with my nanything, so as not to get caught by my wife :O)
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Anonymous Poster
#3
In reply to #2

Re: Is Being First Being Best?

12/08/2010 5:10 PM

Wooo ... ten OT's !!! There's a result.

JohnDG

(Woops - shouldn't've signed it ).
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34point5
Guru

Join Date: May 2010
Location: in optimism
Posts: 4050
Good Answers: 130
#4
In reply to #3

Re: Is Being First Being Best?

12/08/2010 5:27 PM

One helluva look for the forum too

34.5

oops

__________________
 There is no sin except stupidity. (Oscar Wilde, Irish dramatist, novelist, & poet (1854 - 1900))
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Anonymous Poster
#5
In reply to #4

Re: Is Being First Being Best?

12/08/2010 11:20 PM

who let yew guys out? harrumph.
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Anonymous Poster
#6
In reply to #2

Re: Is Being First Being Best?

01/07/2011 12:12 PM

Hi Inventor,

Sorry for my finger's error but I am sure you got the explanation. Sorry again, you don't got it! Please, I think you, espacially you, don't touch any medical equipment. You want to get help and you storm on people who care about your subject. Thanks to be nicer when someone try to help YOU, Gil.
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