MPR Associates offer a new white paper that looks at the challenges in choosing the best partner - Top 5 Questions to Ask Your Prospective Product Development Partner.
Almost every Medical Device company outsources product design in one way or another. Whether you make the decision to outsource the full design to a product development team or you work with component suppliers, you are outsourcing detailed design and engineering of your product. According to a new market report, "Medical Devices Outsourcing Market – Global Industry Size, Market Share, Trends, Analysis, and Forecast, 2012 - 2018," published by Transparency Market Research, the global medical devices outsourcing market, amidst ongoing medical technology development is expected to rise from $21.1 billion in 2012 to $40.8 billion in 2018. And, did you know, product design and development accounts for 29% of that number.
The challenge in choosing the best partner is that they all claim to do the same thing, but there are real differences in the type of vendors offering design and engineering services. This paper will provide you with a clear checklist for choosing the product development and design partner that will best fit your needs. It will also give you real world case studies and examples of what can go wrong when you choose the wrong partner.
Click here to download the white paper, learn how to choose the right partner, and minimize potential risk.