4/8/2014
Orthopedic Design Technology (ODT)
Christopher Delporte
The orthopedic business—as is the case with most other medical device sectors—is caught in the push and pull of a number of different market forces. Companies are learning to navigate the demands of a changing healthcare environment in the United States (think universal healthcare and the medical device tax) as well as managing the opportunity emerging markets promise (BRIC by BRIC). Add to those keeping pace with clinical demands and material advancements, and orthopedic companies and their manufacturing partners have a lot on their plates. For better or worse, one of the first departments impacted by all of this is research and development (R&D). R&D pros are the folks medtech executives call on to be catch-all problem solvers—from taking the lead on product design and new market exploration to developing manufacturing and cost-containment solutions.
Orthopedic Design Technology (ODT)
Christopher Delporte
The orthopedic business—as is the case with most other medical device sectors—is caught in the push and pull of a number of different market forces. Companies are learning to navigate the demands of a changing healthcare environment in the United States (think universal healthcare and the medical device tax) as well as managing the opportunity emerging markets promise (BRIC by BRIC). Add to those keeping pace with clinical demands and material advancements, and orthopedic companies and their manufacturing partners have a lot on their plates. For better or worse, one of the first departments impacted by all of this is research and development (R&D). R&D pros are the folks medtech executives call on to be catch-all problem solvers—from taking the lead on product design and new market exploration to developing manufacturing and cost-containment solutions.