Medical Device Industry Solutions

Trends shaping the medical device industry

Medical device companies are facing regulatory compliance burdens that are proving to hinder their ability to innovate. The changing regulatory environment can lead to time to market delays, higher costs of poor quality, and delays in collaboration agility and efficiency across their product lifecycles.

From engineering design handover to manufacturing, to traceability and collecting audit-ready data, medical technology professionals are primed for digital transformation across the enterprise to address these challenges and help them achieve their business goals. Learn how PTC is helping medical device companies overcome these key challenges:

Create meaningful business impact while maintaining compliance

Medical device companies are investing in quality and regulatory initiatives, but quality compliance improvements are oftentimes at the expense of flexibility, agility, and innovation. PTC’s breadth of solutions for accelerating digital transformation make us uniquely positioned to help you maximize revenue growth, reduce costs, and increase collaboration and agility while maintaining quality compliance.

See how PTC's medical device industry solutions are helping customers to:

Maximize revenue growth

Using PTC solutions, you can offer your customers the flexibility you both need to expand revenue opportunities despite industry changes. Learn how you can increase service revenues, deliver new business models (such as Product-as-a-Service and pay-per-use), and accelerate your time to market.

Reduce costs

Reduce the cost of compliance with solutions for simplifying end-to-end traceability. Lower the cost of service delivery and minimize risks to patient outcomes. Learn how to shrink costs of poor quality by improving first-pass yields, and eliminating design errors that drive assembly issues and line failures.

Increase efficiency

Increase productivity and efficiency of engineering, manufacturing, and service teams with solutions that help you eliminate manual processes. Ensure your teams have access to the data they need when they need it by breaking down informational silos and enable better decisions across the product lifecycle.

Speed NPI

Get new products to market faster by enabling faster compliance cycle times and speeding time to industrialization. Automate the training tracking of standard operating procedures (SOPs), streamline regulatory submissions, and ensure proper documentation across the entire product lifecycle with digital thread quality management solutions.

Medical device industry solutions

PTC is a market leader in helping medical device companies accelerate digital transformation to achieve meaningful value and business outcomes. Ensure compliance with solutions for engineering excellence, manufacturing efficiency, service optimization, product and service innovation, closed-loop quality, and regulatory automation.

Here are two of the top use cases for medical device companies: