In the medical industry, the pace of innovation and changing demands must be balanced against the need to derive optimal ROI from product development.
From a product improvement standpoint, there are always ideas and opportunities for both small engineering changes and more extensive redesigns that could potentially make existing products better. However, there are not always resources available to conduct a proper analysis on ROI or to undertake designing the changes when deemed worthwhile.
Teaming with an experienced partner for feasibility assessments, design concepts and product improvements can cost-effectively augment internal resources and help extend the profitability of existing products.


