LEVERAGE OUR GREY HAIR,
DECADES OF MEDTECH INNOVATION AND EXPERTISE.
FACT: You learn more from your failures than from your successes.
With internal Development engineering experience in over 120+ medical device R&D projects and over 70+ launched medical devices reaching the international markets.
Our DEVELOPMENT on DEMAND model is designed to de-risk your internal R&D effort with experienced Technical and Project support.
THE BRUTAL TRUTH! OF MEDTECH
About 30% to 40% of healthcare startups, including those in MedTech, fail before they even make it to Series A funding.
Regulatory Hurdles: Around 25% of medical device startups face challenges with regulatory approval, leading to delays or failure.
The rate of clinical trial failure for medical devices is approximately 40%.
Technical Feasibility: About 15-20% of medical device startups fail due to technical issues that could not be overcome.
Market Fit: Roughly 10% to 15% of medical device startups fail due to a lack of market need.
Capital Crunch: About 29% of startups fail because of running out of capital.
SECTORS WITH HIGH FAILURE RATES
Implantable Devices: These have a high rate of regulatory challenges, contributing to higher failure rates.
Wearable Medical Devices: High rate of market fit failure as many of these devices don't meet an actual clinical need.
Telemedicine Solutions: While the need is high, interoperability and data privacy issues often result in failures.
CUSTOM DEVELOPMENT SUPPORT
We are all different, and so are our businesses. With a custom-built support package.
Our on-boarding process consists of 4 simple steps. That's it! That is all.
It all starts with a chat.
The success of any service to you is all about relationship and conversation.
We first discuss your needs, how we can help and if we align.
Select the best package for you and your future needs. Buckle in and get ready, as we start the process of supporting you and the business in NEW PRODUCT DEVELOPMENT.
Based on our conversation, we assess your needs and build a custom subscription package. Allowing you to choose the right one for your business.
With formal quarterly touchpoints built into the process. You get the opportunity to discuss and refine your package to support your business needs.
Supporting your Development needs..
*Pricing starts from and will vary dependent on size and scope of MedTECH Project.