Reform of medical device approval process not straight-forward

The latter exerts pressure on health systems to fund technologies while striving for value for money, as well as ensuring patient safety. As a result, health technologies (including pharmaceutical products, medical devices, etc.) need to be examined for efficacy and effectiveness (including cost-effectiveness) to get market access and reimbursement approval.
Over the past two decades, regulations, license approval processes, and methods for establishing cost-effectiveness, to inform adoption and reimbursement decisions, have developed and are now well-established for capital projects and pharmaceutical products. However, for medical devices, it is only recently coming to the attention of European decision-makers, such as the European Parliament.