DE · Topics · Resources · Sponsored Content

Modern CAD for Medical Device Design

In this eBook, you’ll read insights from three successful companies who recently switched to a modern, cloudbased CAD system.

It’s no surprise why the $400 billion medical device industry is booming. Worldwide, average life expectancy is increasing year after year, mainly due to advancements in biomedical technology improving patient outcomes and reducing hospital stays. The increasing elderly population combined with ongoing healthcare improvements in emerging nations ensures that the medical device market will continue to grow.

Despite these increased opportunities, medical device manufacturers have their own unique challenges. Competition, of course, is fierce from both domestic and international providers. First-mover status may bring you important competitive advantages, such as brand recognition and market share, but the pace at which technology is evolving can erode the benefits of that status very quickly. Newcomers with equivalent, but cheaper and more technologically advanced devices, have the opportunity to displace your products and reduce your market share.

Ongoing R&D in product improvements and new product lines is therefore key to driving your continued success.

Maintaining an accurate design history is absolutely critical to comply with industry regulations. The U.S. Food & Drug Administration (FDA) takes an average of six months to review device submissions, and devices must be resubmitted for approval every time they are modified.

With this pressure to innovate quickly, many forward-thinking medical device companies are re-examining their design and manufacturing process.

For which of the industries do you perform design engineering or related functions? Select all that apply.
By downloading this content, I agree to receive the DE 24/7 Newswire, a twice weekly free email newsletter (you may choose to opt-out in the newsletter).

Latest News

3D Printing Factors Big in HP’s Sustainability Game Plan
HP is promoting 3D printing technology as part of its broader sustainability charter to reduce overall environmental impact.

Editor’s Picks: July 4-10, 2019
One of the picks will be chosen as DE’s Editor’s Pick of the Week.

The State of Product Development According to Onshape
New report shows engineers most interested in transforming early-stage design workflows in areas like collaboration, version control and improved visibility.

U.S. Army Research Lab Selects 3D Systems to Develop Metal Powder 3D Printer
U.S. government invests $15 million towards the development of new metal 3D printing technology.

All posts