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.