Typically
technologies are put in one of three categories, 1) Platform,
2) Enablers, 3) Applications.
Platform technologies are those that can be applied
to many applications. For example a pressure sensor can be applied
to diagnosis or therapy applications in hyper tension, heart failure,
heart valve monitoring, brain fluid pressure monitoring, etc.
Technology enablers are core technologies that
do not have direct application but are key to opening new, innovative
solutions. Examples of these technologies are electronic miniaturization,
solid state capacitors, energy harvesting, etc.
Application technologies are those that have
direct application in a specific field. Examples of these technologies
are spinal fusion devices, angioplasty balloons, shunt valves,
etc.
Typically inventors have an application in mind when they develop
their application technology. Sometimes the technology has applications
in other areas that could be of much higher value and market readiness.
This is where Emerging Medical Solutions can help the entrepreneur
assess the full value of their technology and identify a strategy
for positioning their technology with higher chance of success.