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Owing to constant cost pressures coupled with rising expectations to reduce time to market, medical device manufacturers are increasingly engaging in outsourcing their device manufacturing and assembly in full or partially. This creates room for medical device companies to focus more on their core competencies and also capitalize on opportunities for cost reduction and speed to market. But are these the only factors that companies must consider before committing to a medical device outsourcing partner? Experts at Infiniti Research believe that there is much more to evaluate and measure when it comes to medical device outsourcing, especially in terms of adhering to the required quality standards.
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Some of the top benefits of medical device outsourcing include – Better ability to capitalize on resources, allows healthcare companies to focus on core activities, and ensure better cost savings and service delivery. Infiniti Research also outlines the common concerns including pitfalls to assessing an outsourcing partners’ vertical integration capabilities and the many factors to consider before engaging in medical device outsourcing:
- Data and information security concerns
- Reimbursement policies for medical devices
- Manufacturer delays in contractual obligations
- Read the complete article for comprehensive insights
Infiniti is well versed in a multitude of qualitative and quantitative solutions to address your healthcare outsourcing challenges. Learn more about our services portfolio. Request for more information.
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Established in 2003, Infiniti Research is a leading market intelligence company providing smart solutions to address your business challenges. Infiniti Research studies markets in more than 100 countries to help analyze competitive activity, see beyond market disruptions, and develop intelligent business strategies. To know more, visit: https://www.infinitiresearch.com/about-us