How to enhance your medical product design processes
Innovative medical product design requires a lot of planning to ensure an optimal product development process. It will increase your chances of successfully taking your product to market. What should you include in your medical product design plan?
You need to assess the resources you have at your disposal. Having a clear overview of what is needed to create a coherent process of research and development, prototyping, manufacturing, production and shipping will help you define costs, time to market, and commercial potential.
Have you got the required expertise available among your in-house staff to successfully perform all the tasks inherent to your medical product design processes? Do you have the right researchers, engineers, floor staff, and sales and marketing people?
Where are you going to house your prototyping and manufacturing facilities? Do you have all the equipment required, like 3D printers? If not, are you going to invest in infrastructure?
Through this initial resource assessment, you will identify strengths and weaknesses. It will make it easier to make an informed decision on what steps of the medical product design process will be kept in-house and what you will outsource.
Your goal is to take a new medical device to market, so your product should offer a tangible profit margin and ROI that makes commercial sense to potential backers. How well your product will fare commercially depends on:
If a medical device that is solving a similar medical problem already exists, your value proposition needs to be worthwhile. Your device must either greatly increase patient comfort, simplify medical procedures for staff or be cheaper and easier to manufacture to appeal to industry stakeholders and investors.
- Standardization and automation:
Raw material procurement and manufacturing requirements should adhere to industry standards as they greatly simplify your medical product design process. You do not need to develop a specific new process. This further reduces the production cost and time, as existing and well-established processes are generally automated to a degree.
- Regulatory compliance requirements:
The healthcare sector is regulated by different bodies depending on where in the world you are planning to take your product to market. In the United States, granting access to the market is overseen by the FDA. When developing your medical product design strategy, you must keep compliance requirements in mind from the earliest stages to ensure your finished product will meet said requirements. Adhering to production standards that benefit from industry spanning automatization protocols is therefore doubly important. But you also need to consider less obvious aspects of your product and how they impact development, such as:
- Device documentation
- User training
- Product shelf-life
- Maintenance costs
Neglecting product regulatory compliance can defer or halt production, lengthen the time to market and increase the overall production cost. This, in turn, will reduce your potential ROI.
That is why it pays off to choose the right outsourcing partner. An industry leading service provider that specializes in key aspects of your medical product design planning will make it possible for you to free up your own in-house resources to tackle other aspects of your product development head on. Choosing a partner, do not settle for just any company or just go for the lowest bidder.
Technosoft offers specialized in-house prototyping development procedures. We specialize in small-scale pre-production and offer on-site facilities such as 3D printing. We will also assist you with your medical trials and device testing. Throughout the prototyping cycle, we assist you in keeping track of regulatory requirements to ensure a smooth submission.
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