Stephen Hess: Do you see this as the trend going forward, this POC development and getting closer and closer to the patient? Or did this just meet a short-term need? And even though there’s an install-base out there, post-COVID, are we going to go put the genie a little bit back in the bottle again and go back to pre-2020?
David Satchell: No, I think that in the developed nations, in Europe and the U.S., maybe China, the large labs are going to continue to be very relevant. But I do see, in those developed markets, and certainly in developing markets, a trend that’s not new, that more and more near- patient testing will be the expectation.
I think the integration of digital tools, iPhones, mobile devices into this space, in terms of communicating the results and being able to share results with caregivers, this is a trend that’s not going to stop.
The patient base is very much more accepting of having the opportunity to be participating in their healthcare. I don’t see this trend of testing moving towards the patient changing.
I’m hopeful, but I don’t know for sure, that because of the 2020 focus on diagnostics, maybe more of the healthcare pie will be devoted towards diagnostics, because there’s been a recognition of the importance of diagnostics. I’m hopeful that that continues as well, in that diagnostics receives its better share of the overall healthcare pie.
Stephen Hess: I couldn’t agree more with you, David. If people want to get in touch with you to learn more about Satch Medical, where can they find you?
David Satchell: I’m on LinkedIn, under David Satchell. I’m certainly open to discussions about these topics, or any others in the medical device space.
Stephen Hess: Great. And finally, for the second half of 2021, what word or phrase would you use to describe your outlook?
David Satchell: Like many Americans, I’m really hopeful, actually. I think, both in the diagnostics world and in the general world, I’m looking forward to being able to get out and travel a little bit and see diagnostics development continue to go forward in a real positive way.
Stephen Hess: Excellent. Well, that’s the tea. David, thanks so much for joining me today. It’s been a pleasure speaking with you and it’s been great hearing your perspective on medical devices in the IVD industry.
David Satchell: Thank you, Steph.
For more information about Satch Medical Consulting, get in touch with David Satchell on LinkedIn.