Five Top Funding Sources for Medical Device Startups
Are you confused about funding your medical device startup? We break down the top 5 funding sources and explain how to choose the right one.
Think Like a VC: How to Succeed With Medical Device Fundraising
Key fundraising strategies for AMD teams that align their pitch with VC priorities.
Unraveling the Complexity of Medical Device Development Costs: Why Is It So Expensive and Time-Consuming?
Discover the key factors driving medical device development costs and extended timelines. Learn how to navigate this challenging process effectively.
The Top 5 Questions Investors Ask Before Investing in a Medical Device Company
Navigating the advanced medical device development landscape is no small feat, especially when looking to secure investment. Economic uncertainty is causing investors to be more cautious. However, as this chart below from Nova One Advisor shows, overall growth projections in the Medical Device market are unequivocally positive. Source: NovaOneAdvisor.com If you
What Investors Want to Know Before Funding an AI-Integrated Medical Device
If you’re seeking funding for an AI-powered medical device, you will be facing a series of targeted questions beyond the usual investment criteria. From intellectual property concerns to data ownership and algorithm maintenance, investors have many questions about how an AI integration affects a medical device’s market potential. With the projected grow
2023 Funding Environment for Medical Device Startups
Medical device startups are an essential industry in the US and worldwide. From improving patient outcomes to high-value job creation, these startups are responsible for driving innovation and advancing healthcare. It’s no secret that we are facing a period of economic uncertainty. Some sources predict the US will enter a recession as the Fed prioritizes
Overview of Electronic Data Capture for Advanced Medical Device Design and Development
For centuries, record-keeping productivity depended on the number of humans writing down data at any given time. Clay tablets in museums and huge archive rooms filled with aging paper folders show us the limits of pre-electronic data storage. When computers and the internet began to go mainstream in the 1980s, one of the promises of […]
Pros and Cons of Outsourcing for Advanced Medical Device Development
Many global factors are converging to increase the demand for advanced medical devices in the next decade. At the same time, industry stakeholders know that taking a medical device from concept to market is a very expensive and complex process. Not surprisingly, outsourcing is emerging as an important option for advanced medical device development. Grandview [&
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
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
