Technology is already available to greatly improve outcomes for people suffering from strokes, but the present healthcare system is standing in the way of people getting it, according to Stacey Pugh, VP and general manager of the neurovascular unit at Medtronic. The most important thing that could boost stroke treatment is passing proper legislation about […]
DeviceTalks West
What is the future of medtech in 2018?
Some of the largest medtech companies showed in 2017 that they are ready to grow through embrace the new healthcare ecosystem. Medical device companies are putting greater emphasis on value-based. They’re putting more attention to clinical and economic research and adopting digital products that incorporate machine learning and data integration. Questions, though, still remain as […]
How to think outside the box with medtech innovation
Innovation is important in medtech and many other industries. But what does it really mean – and can it be done with speed? That was the question that a panel of experts grappled with today at DeviceTalks West in Orange County, Calif. It turns out that there is more than meets the eye when it comes to […]
How Smith & Nephew’s InVentures program is promoting innovation
For nearly a decade, Smith & Nephew’s InVentures program has worked with surgeons who have innovative ideas but aren’t starting their own companies. The program provides a third innovation route on top of the major two for big medical device companies: internal R&D and acquisition of smaller companies with new technologies. “A company the size of Smith […]
How and when to outsource product development
Sometimes, it makes sense for a medtech company to outsource product development to bring their device to market faster and more efficiently. MassDevice.com editor Sarah Faulkner spoke to Minnetronix‘s VP of business development and marketing, Jim Reed, about how and when medtech companies should consider outsourcing product development to a partner. Faulkner: How should companies […]
DeviceTalks West: Here are the speakers you’ll see
Hundreds of medical device industry insiders are expected to descend on Orange County, Calif., this month for DeviceTalks West – a premier boutique networking and learning event. From the VP in charge of Medtronic’s neurovascular business to the artificial pancreas pioneer Jeffrey Brewer, here are some of the speakers you’ll meet at DeviceTalks West, Dec. 11–12 […]
How product development outsourcing can make your medtech amazing
In today’s medical device market, more and more companies are using outsourcing as a product development strategy. Stuart Karten, Karten Design There has been a fundamental shift in the way companies develop medtech products because of advances in digital technology, medical industry economics and public policy – such as the Affordable Care Act’s withholding of […]
Medical device startups: Here are the secrets of success
Bill Betten, Betten Systems Solutions It’s tough enough to be a startup developing and launching innovative products. For medical device startups, there’s the added burden of operating in a highly-regulated industry. The cost of developing a medical device ranges from $25 million to $100 million, according to a 2010 research study out of Stanford University. […]
DeviceTalks West: Expertise you need to know
Medical device suppliers are light years away from the days when they merely filled orders to spec for medtech OEMs – as a visit to the upcoming DeviceTalks West will quickly confirm. From incorporating steerability into catheters to getting validation and testing done right, the companies serving the medical device industry have become specialized experts in […]