Reuters Events Pharma’s Post

Accelerating Medical Device Innovation with 'Fail Fast' Methodology New medical device technology often faces prolonged and costly R&D cycles, delaying vital advancements in patient care. Embracing a 'fail fast' approach can streamline the development process. This method encourages rapid prototyping and iterative testing to identify and rectify issues early, saving time and resources. By reducing development times, we can bring life-saving technologies to market faster, ultimately improving healthcare outcomes and patient experiences. How has your team adapted to accelerate innovation? #MedicalDevices #Innovation #HealthcareTech #R&D #FailFast #MedicalInnovation #PatientCare

Medical Device developers require better connectivity to the cloud and machine-to-machine to keep pace with growing process automation and remote operability demands. Sign up here https://lnkd.in/ecTiGTTZ for our upcoming webinar and learn how Medtronic, GE HealthCare, BD and Qt Group are advancing Platform Engineering to simplify software development in medical device manufacturing. Huge thanks to Roshy Francis Vignesh Shetty, Mustafa Poonawala, PhD and Roger Mazzella for being a part of this important conversation. #medtech #medicaldevices #healthtech #platformengineering

Here’s our Top MedTech resources to enhance your medical device development.👇📚 As you enjoy the summer breeze, why not catch up on some essential readings? Explore our Summer Reader Digest about Product Development to boost your knowledge and inspire your projects: ☀️ From Idea to Prototype: Why Adopt Iterative Design Process: https://lnkd.in/en6dhUUQ ☀️ Keys to Successful Medical Device Development: Navigating Challenges and Regulations: https://lnkd.in/ea9yuG4T ☀️ The Trap of False Problems in Medical Device Development: https://lnkd.in/e_PrKhwT ☀️ Why We Will Challenge Your Product Ideas for Success: https://lnkd.in/eqHWFNDq ☀️ The Value of Design in the Medical Device Development Process: https://lnkd.in/eYUaRQPg Keep an eye out for more insightful blog posts coming your way! 👀 #ProductDevelopment #MedicalDevices #MedTech #HealthTech #Innovation #MedicalDeviceDevelopment

Medical Device developers require better connectivity to the cloud and machine-to-machine to keep pace with growing process automation and remote operability demands. Sign up here https://lnkd.in/ecTiGTTZ for our upcoming webinar and learn how Medtronic, GE HealthCare, BD and Qt Group are advancing Platform Engineering to simplify software development in medical device manufacturing. Huge thanks to Roshy Francis, Vignesh Shetty, Mustafa Poonawala, PhD and Roger Mazzella for being a part of this important conversation. #medtech #medicaldevices #healthtech #platformengineering

Curious about how #platformengineering can increase efficiency in your #medicaldevice development? Join our webinar on Oct 16 here https://lnkd.in/ecTiGTTZ with Medtronic GE HealthCare BD and Qt Group

Start with the problem and not the technology. For many consumer products, creative people can identify problems and potential solutions to them. For surgical #medicaldevices, the real challenges are not as clear to those of us outside of the operating room which can result in technology being pushed into a market which doesn't need it. I spoke with a range of surgeons and their colleagues to understand which challenges remain in the OR for technology to solve and any barriers which may limit its adoption. This exercise was incredibly insightful for me as an engineer and I hope will also be for others. Read the findings in Team Consulting's latest surgical whitepaper: https://lnkd.in/eszcYXPa

A whitepaper so nice I'll share it twice. If you missed it the first time around, check out this great field report of surgical challenges and opportunities, compiled from primary research with our network of health professionals closest to the OR.

The Voice of Value: Cost Savings In medical technology innovation, the other side of the voice of value is around cost savings. The voices of the commercial team in your ear will always be pulling for price uplifts and chances to increase revenue with your new product launch. But the voice of the economic customers will be just as strong, asking for more for less. Have you done the analysis to go deeply into the cost structure of the procedure your innovation is intended to disrupt? By using your new widget, what other costs can that economic customer reduce or eliminate? Maybe they can use fewer guidewires or a less expensive closure device? Perhaps they can eliminate medical supplies or cut out something else. Do you have that story ready to go to help them find those cost savings while still keeping your commercial team in a strong position to tell their story of price uplifts and getting revenue for the added value you are providing? By prioritizing cost-effectiveness, we can support you in driving sustainable growth, meeting market demands, and maintaining a competitive edge, ultimately improving the quality of life for patients globally. #MedTech #Innovation #HealthcareEfficiency #ValueDrivenSolutions #CostSavings

To keep up with the market, medical device companies need to invest in: 🗝️ New development methods 🗝️ Digital technology Here's 5 actions that medical device developers can adopt to succeed in the digital era of healthcare: https://ow.ly/Zqcs30sGc7q #WeAreWindRiver

Designing a medical device is no easy task. Every step demands careful planning, regulatory awareness, and a sharp focus on users' needs. In our latest blog post, we break down the essential stages of the medical device design process and uncover the best practices that can transform an initial idea into a successful, market-ready product. ✅ What is medical device design? ✅ What are the stages of the medical device design process? ✅ What are the benefits of an iterative design process? ✅ What key aspects should be considered in user-centered design? ✅ What role does risk management play in medical device design? 👉 To deep dive into the entire medical device design process and answer these questions, read our comprehensive guide on our blog: https://lnkd.in/ecMwhF3m #MedicalDevices #Design #ProductDevelopment #MedTech