General principles
In Europe, most Medical Devices are paid for by public health authorities, usually within a third-party payer system [1]. Each European market has its own unique characteristics: in some countries budgeting and reimbursement decisions are made by regional authorities, while in others these are made at national level. Certain countries have separate systems, such as hospital and community care reimbursement, and the amount paid for services can differ even within a country.
The following sections describe different pathways for Medical Devices focusing on how value-based approaches have the potential to replace device-driven development to ensure more value for patients and society.
References
[1] Financing of Medical Technology - MedTech Europe Source: https://www.medtecheurope.org/access-to-medical-technology/financing-of-medical-technology/