Paperfuge Reduces the Cost of Screening for Diseases
Joey Haar — January 12, 2017 — Social Good
References: news.stanford.edu & engadget
Paperfuge is a new piece of medical equipment that looks drastically different from the typical tools one might find in a hospital or doctor's office -- even though it provides just as much functionality. That's because Paperfuge, a new medical tool developed by researchers from Stanford University, costs about 20 cents per unit, while comparable equipment in hospitals can costs thousands of dollars.
As its name suggests, Paperfuge functions as a centrifuge, which is a tool used for separating various diseases and parasites from blood samples through centrifugal force. With centrifuges, doctors can effectively diagnose many different illnesses. However, centrifuges in hospitals cost far too much to be feasible for healthcare facilities in developing nations. Paperfuges, on the other hand, are specifically designed to be affordable.
As its name suggests, Paperfuge functions as a centrifuge, which is a tool used for separating various diseases and parasites from blood samples through centrifugal force. With centrifuges, doctors can effectively diagnose many different illnesses. However, centrifuges in hospitals cost far too much to be feasible for healthcare facilities in developing nations. Paperfuges, on the other hand, are specifically designed to be affordable.
Trend Themes
1. Affordable Medical Equipment - The trend towards affordability in medical equipment is disrupting traditional industry models and enabling the development of cost-effective healthcare solutions for developing nations.
2. Innovation in Disease Screening - The trend towards developing innovative tools for disease screening is disrupting traditional medical equipment manufacturing processes and providing more accessible healthcare options.
3. Social Entrepreneurship in Healthcare - The trend towards social entrepreneurship in healthcare is disrupting traditional healthcare systems and paving the way for more sustainable, affordable, and impactful healthcare solutions.
Industry Implications
1. Healthcare - The healthcare industry has potential for disruptive innovation as more affordable and effective medical equipment and disease screening tools become available.
2. Medical Equipment Manufacturing - The medical equipment manufacturing industry is faced with the challenge of adapting to changing industry trends towards affordability and innovation in order to remain competitive.
3. Social Entrepreneurship - The growing industry of social entrepreneurship in healthcare offers opportunities for disruptive innovation in developing affordable and impactful healthcare solutions for underserved communities.
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