Absolutely, but unfortunately all of this only aggravates the problem. For instance, we needed lawyers and the "study" just to be able to sell the machine at a

Absolutely, but unfortunately all of this only aggravates the problem. For instance, we needed lawyers and the "study" just to be able to sell the machine at all. But then again, lawyers and the testing itself contributed absolutely nothing really, while being incredibly expensive (both in terms of money, and time). Yes, medical devices need to be tested, but all the testing/layers and related processes only inflate the cost without actually contributing to the product. The problem is that the process/testing/lawyers for a "medical" device are essentially the same as the testing you would do for something non-medical but that has regulated safety features (such as a children toy at least in EU), yet the "medical" testing is simply more expensive. We can speak about the rubber in those "Thera Bands" strips. We used bands made for children (which, by definition in EU should be toxic-free and bla bla), and we found absolutely no difference compared to TheraBand (even material wise). Sure, TheraBand had to pay for "testing" indeed, which again contributed nothing to the real product, inflated the cost, and still doesn't justify the 20x price inflation for a piece of elastic rubber. But still, that's not really it. By working closely with hospitals, I also know several people in the loop. I had second-hand knowledge (from people that I consider reliable) that offers and prices from big MRI machines from Siemens and similar companies are rigged. And that happens because there's very little competition and no real market (only hospitals will buy such machines). When all the market is inflated, you can justify high prices for almost every product in it. And that's exactly what's happening. Plus people need medical assistance, which means that in emergency situations will simply pay for it at any price.