Market Discontinuities—Ice in Hot Water

Tuesday, April 30, 2013
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Recently I've had the chance to hear a thought-provoking lecture by Paul Yock, Professor of Medicine and Director of Biodesign at Stanford University, at the 10th anniversary of the founding of the Bio2Device Group (http://b2dg.org/). Dr. Yock spoke about the global evolution of medical device innovation, focusing in particular on the example of India as compared to the US. Fig. 1. Discontinuities in Mumbai. India, like other emerging economies (like China, Brazil, and others), is experiencing a rapid growth of its middle class, and with it also rapid growth of facto ..

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