How can digitalization help medical device companies improve innovation and drive profitable growth despite increased complexity and regulatory scrutiny? This animated video offers a look at what a digital medical device company looks like and offers three initiatives companies can adopt to start their digital transformation.
Digitalization offers significant benefits to medical device manufacturers because the status quo is no longer good enough. It relies too much on paper and electronic documents, inevitability leading to missed deadlines, mistakes, and inefficiency. In today’s environment, key contributors work independently on their own information, leading to integration errors, compliance issues, and market delays. Now, companies can transform their businesses so that each step in the development process leverages digital information from the prior step, takes advantage of comprehensive 3D product models, and creates a complete digital thread. Digitalization can then extend into manufacturing and enable device manufacturers to quickly commission production and track manufacturing.
Medical Device companies have the opportunity to leverage digitalization and the digital enterprise to develop innovative products and bring them to market quickly. By digitalizing designs and workflows, digital medical device companies can:
- Connect data and processes across disciplines and the lifecycle
- Leverage digital data from one step to the next
- Streamline engineering
- Reduce errors
- Improve traceability
Medical device manufacturers can embrace digitalization and gain significant benefits including faster time to market, increased quality, and improved compliance. Watch the animated video to learn how.
This animation is part of a series, you can also watch a video overview of the digitalization opportunity for medical device companies or the rest of the series detailing specific business improvement opportunities including:
- Digital design for medical device companies (overview)
- Digital design
- Digital design transfer
- Paperless manufacturing
This video series is sponsored by Siemens, a leader in digitalization for the manufacturing industries.
Click here for more information on digitalization in the medical device industry from our sponsor, Siemens, a leader in digitalization for the manufacturing industries.