Its only been going 3-4 years with ~10 students per year, so some of the ideas are still developing. And more so, I think we'll see alumni of the program do great things in the coming years.
I'd argue that hardware is more challenging for younger founders, and medical device more so - the regulatory, funding, and access to users is hard. What makes this program so good is it makes user access easy, and coaches students through 'translating' between engineering language and surgeon.
I was at UBC in the Biomedical Program the year before EiS started. Its a very strong program in medical device design, especially by including not just the engineering science, but life sciences, regulatory environment, and commercialization considerations.
The solution was to engineer portable, high-quality screw cutters to cut-to-length screws they had on hand.
Would another (maybe better/easier/less complex/quicker?) way to solve this problem be to use software/internet to create the necessary feedback loop to enable proper inventory management so that they had the proper screws on hand versus having to cut down long screws?
I'd expect big things from the engineers coming out of this program as a result.