Risk & Reward: Taking The Guesswork Out Of Compliance & Safety For Medical Devices
The world-famous and often quoted maxim: ‘the one constant is change’ certainly holds true for the medical devices sector. That doesn’t stop at the fast pace of innovation, but starts at the minefield of compliance and regulation that is rightly imposed on the sector that is expected to recover and reach $603.5 billion in 2023.
Needless to say, safeguards must be built into life-critical treatments, products and interventions, where a design flaw or unsufficient attention to potential harms can spell the difference between safe or potentially lethal medical devices.