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In the past 50 years the development of a wide range of medical devices has improved the quality of people's lives and revolutionized the prevention and treatment of disease, but it also has contributed to the high cost of health care. Issues that shape the invention of new medical devices and affect their introduction and use are explored in this volume. The authors examine the role of federal support, the decision-making process behind private funding, the need for reforms in regulation and product liability, the effects of the medical payment system, and other critical topics relevant to the development of new devices. Table of ContentsFront MatterPart 1: Medical Device Innovation and Health CareNew Medical Devices and Health CareInventing Medical Devices: Five InventorsTechnological Innovation and Medical DevicesPart 2: Current TrendsFederal Support of Medical Device InnovationPrivate Investment in Medical Device InnovationProduct Liability and Medical Device Regulation: Proposal for ReformImpact of the Changing Medical Payment System on Technological Innovation and UtilizationA Conflict: Medical Innovation, Access and Cost ContainmentPart 3: How Trends Will InteractHow Trends Will Interact: The Perspective of the HospitalPerspectives of Industry, the Physician, and GovernmentSummarizing ReflectionsContributorsIndex