How to Choose a Product Development Team Partner
Taking an advanced medical device from concept to successful market penetration involves conquering some unique complexity. Experts often attribute the high failure rate for advanced medical device startups to discrete causes like team incompetency, testing snafus, insufficient funding, or poor-quality materials. “The truth is that advanced medical device
3 Top Trends in 2023 for Medical Device Startups
The advanced medical device industry is inseparable from trends in technology and data, two sectors of exponential business growth in recent years. In healthcare, the global pandemic accelerated demand in certain segments like telehealth, service robots, and remote monitoring. This year the world continued to adjust to the aftermath of COVID-19 and mounting eco
Spotlight on Medical Devices for Telehealth
Telehealth is one of the hottest topics in healthcare, primarily because of its growth potential. Technology is quickly enabling the ability to scale remote healthcare delivery, fueled by the increasing availability of high-speed internet and mobile devices. Forbes cites a study by MarketsandMarkets predicting demand for telemedicine to rise by 38% over the nex
2023 update – Best Practices for Design Controls for Connected Medical Devices
Some of the first of many complexities that medical device startups must manage are design controls. While design controls can seem confusing, arbitrary, or even restrictive, they flow from regulatory agencies’ mandate to ensure public safety. Agencies use design controls to ensure the safety and efficacy of connected medical devices. Medical device startups
Healthcare App Development Trends 2023
Healthcare app development is on the rise, spurred by momentum from global lockdowns. The industry is also seeing post-pandemic adjustments to virtual and contactless care. Due to the global pandemic, healthcare apps are in the spotlight more than ever. According to a recent report from Statista, the total global mHealth market is predicted to increase [&hellip
Planning for the Age of Digital Healthcare Passports
Since 2009, digitization of healthcare records has improved patient and provider access to patient medical history. The challenge is that the documents are still stored by different Healthcare Delivery Organizations (HDOs), providers, and insurance companies. The patient experience of keeping up with their own medical history is still fragmented. The global pan
Planning for Cloud Connectivity: A Roadmap for Medical Device Design
As the Internet of Things (IoT) proliferates, society and businesses are moving towards greater connectivity, creating massive data flows into the cloud. Cloud connectivity is already having a seismic impact on health care and the advanced medical device industry. A recent study by MarketsandMarkets predicted that the global healthcare cloud computing market wi
5 Top Post-Pandemic Priorities for Global Healthcare Leaders
Anyone tuning into the nightly news may feel that the term “post-pandemic” is a bit premature. It is clear now that the COVID-19 virus will continue to mutate, not to mention the ongoing incidences of new viruses. Even so, we are at a point where we can review the massive worldwide lockdowns and disruptions of […]
Beyond the Tech: Crucial Keys for Medical Device Startup Success in the US Healthcare Market
Crucial Keys for Medical Device Startup Success in the US Healthcare Market
Spotlight on Medical Device Incubators and Accelerators
In the realm of startup complexity, medical device company startups are at the top of the list. Not only do founders face the same uncertainty and funding challenges all startups must overcome, but they also face a maze of regulatory hurdles as well. Founders may have genius IP but if the right ecosystem of team […]
