Arti Bedi Pullins, Founder & CEO of Pundit Consultantz08.05.22
As research and development budgets continue to shrink, large medical supply, manufacturing, and pharmaceutical companies continue to look to their outsourcing partners to accelerate innovation. While it is true that depending on manufacturing outside of the United States over the last decade had generated some fear, anxiety and perceived business threats, in actuality, it has increased the production of innovative product offerings within medical technology, which in turn, has boosted this country’s product competitiveness on a global level.
Outsourcing R&D in orthopedic manufacturing, specifically, has shown benefits in operational efficiencies, cost savings and gaining competitive edge, according to 4 Trends To Watch In Orthopedic R&D And Manufacturing Outsourcing
The continued rising need to accelerate innovation within medical manufacturing, clinical use cases, and digital health has created an outsourcing market that will reach $47 billion by 2026, per Transparency Market Research. Why you ask? Here are some core trends and reasons:
In today’s growing healthcare market with personalized medical care becoming a key for patient care, medical manufacturers are working hand-in-hand with their healthcare systems, providers, and clinicians to integrate everything from design, proof-of-concepts, products usage and packaging to directly innovative with their outsourced manufacturers, designers and producers to deliver more quality products back to frontline healthcare users.
Medline Industries, a leading healthcare manufacturer and distributor and the second largest Exam gloves producer and distributor in the U.S. market, is a prime example of success that can come from outsourcing innovation the right way. Medline works across the entire continuum of care with some of the largest hospitals, health systems, and healthcare organizations globally. Even before Covid-19 hit, the company was thinking about how to improve the performance of disposable medical gloves while at the same time reducing waste. The pandemic accelerated the need to innovate on both fronts.
Medline‘s product leaders worked directly with their outsourced manufacturing partners in Southeast Asia to develop a patented equipment embedded within their glove boxes known as SmartBox technology. This breakthrough innovation ensures that when a glove is pulled out of the box in a healthcare setting, especially in high traffic locales like an emergency department, that their embedded smart technology functionality is perfectly pushing, pulling and separating the one glove at a time. Sounds simplistic and almost rudimentary in nature, right? And that was the end clinical use-case intent—to erode glove wastage that is often caused when a glove is pulled out and sticks to another glove, resulting in the extra one falling to the floor and becoming waste. Medline’s SmartBox technology has been proven to prevent glove waste, reduce cross-contamination and infection, and decrease overall glove environmental waste.
Medline is not unique in partnering with manufacturers overseas, leading conferences like CES held annually in Las Vegas at the beginning of every year, where thousands of innovators, vendors and manufacturers exhibit from all over the world to showcase their productions, manufacturing and technological advancement for medical and healthcare manufacturing.
Whether it is a physical in-health systems product like a SmartBox or a medical grade aFib detection sensor technology like Cardiac Sense being developed out of Israel, or the growing medical need for infection prevention being tackled by Solaris Robots, out of India and Canada or the massive innovation in telemedicine by hippo technologies, out of South Africa, acceleration of outsourced medical manufacturing will continue to deliver better access to patient care, improved cost and delivery management, growth in healthcare manufacturing and ultimately deliver on the promise of better personalized patient care worldwide.
Arti Bedi Pullins is a strategic, data-driven entrepreneur with 20 years of experience in business strategy and deployment, product innovation and digital marketing.
In 2017, Arti founded Pundit Consultantz, a healthcare innovation and creative services design consultancy. Pundit Consultantz is the change agent and problem solver for healthcare and life sciences clients. The firm works exclusively with healthcare companies to incubate, innovate, and digitally transform.
Prior to founding her business consultancy, Arti held senior leadership roles with SessionM, Glassdoor and CareerBuilder.com. She earned an MBA from the Kellogg School of Management at Northwestern University, and a bachelor’s degree in business communication from Michigan State University.
Outsourcing R&D in orthopedic manufacturing, specifically, has shown benefits in operational efficiencies, cost savings and gaining competitive edge, according to 4 Trends To Watch In Orthopedic R&D And Manufacturing Outsourcing
The continued rising need to accelerate innovation within medical manufacturing, clinical use cases, and digital health has created an outsourcing market that will reach $47 billion by 2026, per Transparency Market Research. Why you ask? Here are some core trends and reasons:
- Time savings = cost savings
- Prototyping and in-production manufacturing innovation
- Talent pool & Resources
- Digital Packaging and virtual services shipping
- Personalized product creation
- Expansion of innovation in Asian, South Asian, Latin American and Eastern European markets
In today’s growing healthcare market with personalized medical care becoming a key for patient care, medical manufacturers are working hand-in-hand with their healthcare systems, providers, and clinicians to integrate everything from design, proof-of-concepts, products usage and packaging to directly innovative with their outsourced manufacturers, designers and producers to deliver more quality products back to frontline healthcare users.
Medline Industries, a leading healthcare manufacturer and distributor and the second largest Exam gloves producer and distributor in the U.S. market, is a prime example of success that can come from outsourcing innovation the right way. Medline works across the entire continuum of care with some of the largest hospitals, health systems, and healthcare organizations globally. Even before Covid-19 hit, the company was thinking about how to improve the performance of disposable medical gloves while at the same time reducing waste. The pandemic accelerated the need to innovate on both fronts.
Medline‘s product leaders worked directly with their outsourced manufacturing partners in Southeast Asia to develop a patented equipment embedded within their glove boxes known as SmartBox technology. This breakthrough innovation ensures that when a glove is pulled out of the box in a healthcare setting, especially in high traffic locales like an emergency department, that their embedded smart technology functionality is perfectly pushing, pulling and separating the one glove at a time. Sounds simplistic and almost rudimentary in nature, right? And that was the end clinical use-case intent—to erode glove wastage that is often caused when a glove is pulled out and sticks to another glove, resulting in the extra one falling to the floor and becoming waste. Medline’s SmartBox technology has been proven to prevent glove waste, reduce cross-contamination and infection, and decrease overall glove environmental waste.
Medline is not unique in partnering with manufacturers overseas, leading conferences like CES held annually in Las Vegas at the beginning of every year, where thousands of innovators, vendors and manufacturers exhibit from all over the world to showcase their productions, manufacturing and technological advancement for medical and healthcare manufacturing.
Whether it is a physical in-health systems product like a SmartBox or a medical grade aFib detection sensor technology like Cardiac Sense being developed out of Israel, or the growing medical need for infection prevention being tackled by Solaris Robots, out of India and Canada or the massive innovation in telemedicine by hippo technologies, out of South Africa, acceleration of outsourced medical manufacturing will continue to deliver better access to patient care, improved cost and delivery management, growth in healthcare manufacturing and ultimately deliver on the promise of better personalized patient care worldwide.
Arti Bedi Pullins is a strategic, data-driven entrepreneur with 20 years of experience in business strategy and deployment, product innovation and digital marketing.
In 2017, Arti founded Pundit Consultantz, a healthcare innovation and creative services design consultancy. Pundit Consultantz is the change agent and problem solver for healthcare and life sciences clients. The firm works exclusively with healthcare companies to incubate, innovate, and digitally transform.
Prior to founding her business consultancy, Arti held senior leadership roles with SessionM, Glassdoor and CareerBuilder.com. She earned an MBA from the Kellogg School of Management at Northwestern University, and a bachelor’s degree in business communication from Michigan State University.
