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How can Nanotech Help? Strategic Implications Findings What is the Future of n a n o t e c h n o l o g y in the Diagnosis & Treatment of Heart Disease? Nanotech Trends Current Treatment Troubling Trends Nano Particles Increase Stent Success Can heal scar tissue and reduce blood clots ABSTRACT -Increasing incidence of heart disease: 5 million more cases by 2020 -Stalling success rate for heart stents -Nanotechnology can save the American economy $57.52 billion per year after 2020 -Number of patents vs. 6 key indicators •Long-term business opportunities Artificial Arteries 1) Mimic human artery movements, & replace heart stents in the future. 2) Designed to last the life of the patient 3) Eliminate the need for repeat surgeries 4) Can regenerate surrounding tissue 5) Undergoing FDA Clinical trials NANOTECHNOLOGY VALUE CHAIN FUTURE SCENARIOS “Those stagnant numbers highlight the need for continued development of new technologies and devices for opening blocked heart arteries” (Bhatt). Dr. Deepak Bhatt, the Associate Director of the Cleveland Clinic Cardiovascular Coordinating Center, THE LOW DOWN Businesses: 1) Vital to continue investment in nanotech 2) Partnerships with IT sector to increase efficiency of investments Growth: Pharmaceutical, Diagnostic, Medical Devices for Nanotech projected to increase to over $120 Billion by 2020 Importance: Vast majority of companies polled consider nanotech a key strategy and possibility for new markets Productivity: 1) High demand for specialized, skilled workers 2) Drastically improve health of work force, offering work until older Challenges: 1) high cost of capital, 2) long FDA approval processes, 3) high cost of products, 4)patent protection 5)Ethics

What is the Future of in the Diagnosis & Treatment of Heart … · 2020-05-18 · -Nanotechnology can save the American economy $57.52 billion per year after 2020-Number of patents

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Page 1: What is the Future of in the Diagnosis & Treatment of Heart … · 2020-05-18 · -Nanotechnology can save the American economy $57.52 billion per year after 2020-Number of patents

How can Nanotech Help?

Strategic Implications Findings

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What is the Future of n a n o t e c h n o l o g y in the Diagnosis & Treatment of Heart Disease?

Nanotech Trends

Current TreatmentTroubling Trends

Nano Particles Increase Stent Success

Can heal scar tissue and reduce blood clots

ABSTRACT-Increasing incidence of heart disease: 5

million more cases by 2020

-Stalling success rate for heart stents

-Nanotechnology can save the American

economy $57.52 billion per year after 2020

-Number of patents vs. 6 key indicators

•Long-term business opportunities

Artificial Arteries

1) Mimic human artery movements, & replace heart stents in the future. 2) Designed to last the life of the patient3) Eliminate the need for repeat surgeries4) Can regenerate surrounding tissue5) Undergoing FDA Clinical trials

NANOTECHNOLOGY VALUE CHAIN

FUTURE

SCENARIOS

“Those stagnant numbers highlight the need for continued development of new technologies and devices for opening blocked heart arteries” (Bhatt).

Dr. Deepak Bhatt, the Associate Director of the Cleveland Clinic

Cardiovascular Coordinating Center,

THE LOW DOWN

• Businesses: 1) Vital to continue investment in nanotech 2) Partnerships with IT sector to increase efficiency of investments

• Growth: Pharmaceutical, Diagnostic, Medical Devices for Nanotech projected to increase to over $120 Billion by 2020

• Importance: Vast majority of companies polled consider nanotech a key strategy and possibility for new markets

• Productivity: 1) High demand for specialized, skilled workers 2) Drastically improve health of work force, offering work until older

• Challenges: 1) high cost of capital, 2) long FDA approval processes, 3) high cost of products, 4)patent protection 5)Ethics