The cost to drive a single drug or medical device to market is staggering. In fact, according to a recent study by Tufts, the cost to develop a single pharmaceutical drug averages out to around $2.6 billion.
There are few things in this world as important - or critical - as equipment inside a hospital. Equipment in a hospital setting saves lives when used as designed. On the converse side, if an unexpected malfunction, or error, occurs, the outcome can be costly (at best), or even deadly (at worst).
Learn how electric co-ops can automate their current workflows to collect organized data, drive compliance, and improve results.
The steps involved in taking a product from an idea or concept, to a live, available product are numerous and time consuming. But, each is important - one missed step or piece of data could have devastating consequences.
For clinical engineers working within the hospital setting, there’s a constant battle.
In the world of manufacturing - especially healthcare manufacturing - compliance is key. Many of the same stringent regulations that medical professionals adhere to also apply to manufacturers of medical equipment and devices, along with additional regulations. Compliance can be difficult at best, or, a nightmare at worst.
It’s no secret, a large portion of the population of the US - the baby boomers - are aging. With age comes increased medical needs. As a result, all areas of health care - especially in-home healthcare - are beginning to see an increase in patient numbers and chronic needs.