Design News | Hurdling Development Obstacles on the Way to Transformative Medtech

Medical device innovation has steadily progressed as our understanding of disease states has deepened. However, device development still faces significant challenges.

From concept to commercialization, advancing medical devices through to commercialization is risky business. The “runway” before takeoff can easily last five to seven years. Sizable amounts of time and resources are necessary to navigate and satisfy the constantly evolving regulatory and reimbursement requirements, which keep many potential players on the sidelines. More…