THE ECONOMICS OF INNOVATION IN THE PROSTHETIC AND ORTHOTICS INDUSTRY

Innovation is an important part of the prosthetic and orthotics (P&O) industry. Innovation has the potential to improve health care services and outcomes, however, it can also be a burden to the system if misdirected. This paper explores the interaction of innovation and economics within the P&O industry, focusing on its current state and future opportunities. Technological advancement, industry competition and pursuit of better patient outcomes drive innovation, while challenges in ensuring better P&O health care include lagging clinical evidence, limited access to data, and existing funding structures. There exists a greater need for inclusive models and frameworks for rehabilitation care, that focus on the use of appropriate technology as supported by research and evidence of effectiveness and cost-effectiveness. Additionally, innovative business models based on social entrepreneurism could open access to untapped and underserved markets and provide greater access to assistive technology. Article PDF Link: https://jps.library.utoronto.ca/index.php/cpoj/article/view/35203/28318 How To Cite: Andrysek J. The economics of innovation in the prosthetic and orthotics industry. Canadian Prosthetics & Orthotics Journal. 2021; Volume 4, Issue 2, No.7. https://doi.org/10.33137/cpoj.v4i2.35203 Corresponding Author: Jan Andrysek, PhDHolland Bloorview Kids Rehabilitation Hospital, Toronto, Canada.E-Mail: [email protected]; [email protected] ID: https://orcid.org/0000-0002-4976-1228

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Enhanced Use of Digital Solutions to Enable New Health Care Services on Calm Buoys

10.4043/31126-ms ◽

2021 ◽

Author(s):

Antoine Jeannin ◽

Rodrigo Vieira Camara de Castro ◽

Jonathan Peter ◽

Sebastien de Tessieres

Keyword(s):

Health Care ◽

Health Care Services ◽

Business Models ◽

Cloud Services ◽

Digital Data ◽

Accurate Information ◽

Telemetry System ◽

Web Portal ◽

Remotely Operated Vehicle ◽

Care Services

Summary Offshore fields present a growing need to guarantee safety and productivity while minimizing operational costs and increasing remote assistance. Brownfields are more exposed to risks due to the presence of aged assets requiring in depth inspections to assess potential life extensions. This challenge was tackled with a comprehensive approach to asset integrity management based on the enhanced use of digital solutions to enable new health care services on offshore assets, like CALM Buoys. In line with the recent Oil & Gas industry trends, new digital technologies have been recently developed and deployed on board our fleet of CALM (Catenary Anchor Leg Mooring) Buoys, such as the 3C Telemetry system, Inspection Tablets, the IDEA Web Portal and the Marine Drone. All these new digital solutions will be presented in the proposed paper concerning their technical capabilities and the overall integrity performance improvements achieved with their enhanced use on offshore assets. The 3C Telemetry system converts and upgrades CALM Buoys into smart, internet-friendly offloading terminals, connecting the system to Cloud services and ensuring secured data transmission, treatment, storage, and privacy, while delivering reliable accurate information to operators anywhere in the world. Inspection tablets are used to optimize health check campaigns on Buoys with a real-time and remote back office engineering support. These systems can also be connected to the IDEA (Imodco Digital Experience Access) Web Portal to allow online data visualization and analysis of the mooring systems performance. "The Marine Drone is an unmanned survey vehicle to perform diverless UWILD (Underwater Inspection in Lieu of Dry-docking). The system can perform in depth visual inspections with its ROV (Remotely Operated Vehicle) and high-resolution subsea layout mapping of CALM buoys’ structures with its 3D bathymetry system, all providing high quality digital data post processed by advanced analytical tools for integrity analysis and preventive maintenance planning" (Castro, R., et al. 2020). Data management has become the most valuable asset for companies seeking to have a better understanding and to continuously improve operations. This paper will demonstrate how Buoys and passive (process wise) equipment, like Turrets, can be operated in new ways: 1. Connected Asset (IoT): 3C Telemetry, Tablets, and the Marine Drone. 2. Platform to share/connect data to algorithms/users: IDEA System. 3. New operating business models enabled by health care approach.

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