“With technological advancement and an aging population, all-in-one products are growing. Companies must now re-evaluate their business models and design processes: ergonomics, pre-calculated engineering design, and usability become as important as regulatory compliance.”
With a diverse academic and professional background and close to 10 years industry and research experience, Analyst Marco Bafan partners with medical device companies to develop innovative R&D solutions by conducting competitive reviews, assessing technology solutions, and examining market opportunities.
Mr. Bafan’s industry expertise includes both the business strategy and hands-on research of the commercial biomedical and medical devices industries. Marco’s subject matter expertise is in the areas of tissue engineering, bone implants and biomaterials. His experience in tissue engineering—particularly orthopedics—has allowed him to provide actionable advisory solutions to companies seeking partnership opportunities, commercialization plans and business strategies.
As a business development manager at BioGenex Inc, a California biomedical company, Mr. Bafan helped to successfully launch new products and devices in the IVD area, working closely with sales and marketing teams to generate and grow business. As a general operation manager with Lloyd’s, an alternative medicine and nutrition company in Northern California, Mr. Bafan grew sales to more than $1 million through his consultative efforts with clients and by developing new marketing tools and sales strategies.
Mr. Bafan, who studied and researched biomechanics of heart valves at St. Jude Medical center, holds a master’s degree in biomedical engineering from California Polytechnic University. During his graduate studies, he focused on manufacturing techniques of scaffolds in tissue engineering applications and material requirements. He also holds a bachelor’s degree in chemistry from California State University, East Bay, San Francisco. Mr. Bafan has presented at international and domestic medical device conferences such as OMTEC (Orthopedic Manufacturing & Technology Exposition and Conference) in Chicago, IL, MD&M in California and Medtec in Germany. He is also a member of the Biomedical Engineering Society. He has appeared and published in various industry magazines and periodicals. He is currently working on his marketing certificate from the University of California, San Diego.
- M.S., Biomedical Engineering, California Polytechnic University
- B.S., Chemistry, California State University,
East Bay, San Francisco
- Member, Biomedical Engineering Society
Bafan, M, “Outsourcing/Offshoring Trends in the Orthopaedic Industry”, Bonezone Magazine, Summer 2009
Bafan, M, Prsha, J, Schenberger, D, “Convergence, Collaboration, Commercialization”, MX, http://devicelink.com/mx/archive/08/11/bafan.html, December 2008
Bafan, M, Prsha, J, Schenberger, D, “Convergence, Collaboration, Commercialization-MX magazine, December 2008, http://devicelink.com/mx/archive/08/11/bafan.html
Schenberger, D, Bafan, M, “Bioceramics: The Future of Joint Healing,” Med Tech Precision, http://www.devicelink.com/mtprecision/archive/08/04/008.html, Spring 2008
Bafan M, “Offshore Outsourcing - How Medical Device Makers Can Manage New Relationships With Overseas Partners”, Ezine article
Bafan, M, “Perspectives: First Step in Design”, Medical Design Technology, http://www.mdtmag.com/scripts/ShowPR.asp?PUBCODE=046&ACCT=0000100&ISSUE=0805&RELTYPE=PR&PRODCODE=0385&PRODLETT=G&CommonCount=0, May 2008
DePalma, A “Combination Products Retain Industry Appeal”, Pharmaceutical Commerce, Bafan M, contributor, http://www.pharmaceuticalcommerce.com/frontEnd/main.php?idSeccion=886, April 2008
Bafan, M, “Combination Products - Union of Pharmaceutical and Medical Device Industries Brings Opportunities”, Ezine article
Bafan, M, “Keys to Offshoring/Outsourcing”, Orthopaedic Manufacturing & Technology Exposition and Conference (OMTEC), Rosemont, Illinois, June 24-25, 2009
Bafan, M, “Outsourcing and Co-Development in the Medical Device Industry”, Medtec, Stuttgart, Germany, February 2007
Bafan, M, “Open Innovation in Medical Devices,” MD&M Conference presentation, Anaheim CA, January 2007