Balancing Innovation and Affordability in the Future of Cost-Effective Smart Surgical Instruments
DOI:
https://doi.org/10.63163/jpehss.v3i2.329Abstract
The safety, accuracy, and results of surgical procedures have been greatly enhanced by the incorporation of cutting-edge technology into surgical instruments, such as robotics, artificial intelligence, and wireless systems. However, because of their high cost, particularly in low- and middle-income areas, these innovations frequently remain out of reach for many. This study looks into ways to lower the price of sophisticated surgical instruments without sacrificing their functionality. Utilizing a multidisciplinary approach, it investigates manufacturing techniques, modular design, material selection, and policy frameworks with the goal of improving affordability. Economic accessibility is not given enough attention in the development of new devices, according to a review of the literature. The potential for innovation that satisfies both clinical and financial objectives is illustrated by case studies and collaborative models. The study also emphasizes the moral necessity of fair access as well as the contribution of data analytics and digital technologies to cost-effectiveness. The results imply that greater global health equity and more sustainable healthcare practices can result from bridging the gap between innovation and affordability.