Top Medical Device Technology Companies
Top Medical Device Testing and Certification, Consulting Companies
Manufacturers of medical products, devices, components, and service providers today find themselves in a tough spot in the wake of complex regulatory requirements and changing customer needs. The challenge for them boils down to bringing new and improved products to the market as quickly as possible while adhering to the highest quality standards and all relevant global regulations. An essential aspect of this extensive process involves independent certification of products, processes, and quality management systems. These certification procedures can open markets, and the right choice of certification can make all the difference to stay ahead of the competition.
The device labeling needs to cover all aspects of the products in question, while quality packaging is necessary to ensure that the device is delivered to the consumer or healthcare center in an efficient and untampered state. The increasing scrutiny of the FDA on the Information For Use (IFU) leads to the need for each medical device to be labeled and packaged carefully. New consumer-based products to be introduced in the market need to pass a series of certifications and testing to ensure that they are safe to use, and will function appropriately through the product lifecycle.
The potentially life-saving medical devices tread the fine line between the appropriate utilization of the latest technology to ensure user benefit and careful evaluation of the same to prevent the misuse of personally identifiable information. The ever-increasing adoption of wireless technology in medical devices causes concern — regulators demand new and additional testing to keep up with changing device requirements. For example, the proliferation of the Internet of Medical Things (IoMT) has benefited patients and their families by enabling continuous health monitoring through wearable or insertable devices, but the technology comes with new regulatory compliance requirements. The right testing and certification service providers remain updated continuously about these changing requirements, making it a cakewalk for device manufacturers to meet regulations and introduce new and beneficial products to the market.
The domain of medical equipment manufacturing is opening new doors for expansion while addressing several needs of the medical community across the globe. This year’s medical device industry trends reflect the relentless pace of transformation, change, and growth impacting nearly every aspect of the industry. Whether it’s the growing focus on sustainability, the continued growth in combination products, the rise of ingestible devices, or regulatory changes, medical device makers are gearing up to navigate a dizzying array of both opportunities and challenges facing the industry.
With a rise in the number of chronic diseases, an aging global population, gastrointestinal disorders, colon cancer diagnoses globally, and the shift toward preventative strategies in healthcare to tackle disease progression, ingestible medical devices is witnessing a continuous growth trajectory. At the same time, there is also a surge in VR-based medical equipment right now, leading to rise in the industry’s investment in reformed versions of VR devices to fuel further growth.
According to several other market reports, the inflow for revenue for medical devices in 2020 will cross previous year’s numbers. Alongside, the FDA has recently uncovered a faster pathway for the approval of medical devices and has been working to solidify their compliance strategies.
At this juncture, there is a wide variety of medical device manufacturing service/consulting companies entering the landscape with a set of advanced and insightful offerings. To help medical device manufacturing fraternity strengthen their infrastructure and simultaneously enable growth, MedTech Outlook has compiled this edition. The list comprises prominent consulting companies in the industry that solve medical device manufacturing challenges. Besides, the magazine also comprises insights from thought leaders in the sector on the industry trends, best practices, recent innovations, and their advice for the aspiring CIOs and CXOs.
MedTech Outlook’s
