The Healthcare industry is witnessing unsustainable Healthcare costs coupled with high medical spending by Healthcare service providers in order to deliver quality Healthcare. In addition to containing costs, medical device vendors have to contend with numerous other issues such as meeting device regulatory requirements, developing new technology products, remaining competitive by effectively addressing issues of time-to-market, component/technology obsolescence, and addressing requirements of interoperability of devices with Information systems.
With a view to address the concern of reducing Healthcare costs and the ever-increasing burden on Healthcare service providers, medical device manufacturers are involved in designing products for burgeoning home Healthcare & Personal care/testing devices, which are wireless-enabled devices. Vendors are also focusing on their core competency of developing new IP & outsourcing other non-critical functions to other companies.
These activities are influencing a number of trends in the Healthcare industry, namely:
Digitization, networking and IT enabling of Healthcare processes
e-Health Initiatives such as Electronic Medical Records
Growth in consumer directed Healthcare
Increased emphasis on efficient innovation
Reengineering products to make them more competitive, address component obsolescence and address needs of low-cost emerging markets
Global sourcing of medical product engineering/re-engineering, product verification & validation, manufacturing and ensuring regulatory compliance for both developed and emerging markets.
How iGATE Can Help You
iGATE delivers a range of solutions across the product development life cycle for the medical device industry, leveraging its strong medical domain expertise and broad range of technology capability. Our mature processes in multi-disciplinary technologies and understanding of medical device regulatory requirements help us deliver cost-effective high quality medical systems in challenging timelines.
Services across complete medical product life cycle
Extensive medical domain expertise through in-house team of biomedical engineers and active relationship with clinicians and hospitals
Healthcare practice with 800+ Engineers & over 75 projects in Class II and Class III devices category
Product re-engineering for emerging markets
Sensitive to Medical device Safety and Regulatory requirements
ISO 13485/14971 compliant processes
Conformance to ISO 27001:2005 information security standard.
iGATE’s extended R&D and product & engineering Solutions can help product manufacturers to:
Increase cost efficiency and reduce product cost take-out
Product enhancement to address cost of sustenance and end-of-life
Ensure complete medical device regulatory compliance.
Track Record for Client Success
iGATE’s expertise in medical product engineering has been deepened and validated through our long-term relationships with the some of the largest players in the industry, like:
Japanese leader in medical imaging
Global leader in Cardiac Rhythm Management (Class III device) from US
US based leading provider of RIS and PACS integrated radiology workflow solutions
Leading blood management company from US
Global leader in medical devices and electronics manufacturer from Japan
US based leading manufacturer of NMR Spectroscopy
US based diabetes management solution provider.