Technology Appraisal

Technology appraisal is the systematic evaluation of new or existing technologies—like medical devices or treatments—to determine their safety, effectiveness, and cost-effectiveness. This process helps healthcare providers, policymakers, and insurers decide whether a technology should be adopted, funded, or recommended. By thoroughly assessing evidence from clinical studies, economic data, and expert opinions, technology appraisals ensure that resources are used efficiently and patients receive reliable, beneficial innovations. Overall, it aims to balance innovation with responsible healthcare management.