Life Sciences Industry Solutions | Medical Devices

Industry trends impacting life sciences

Implications of the COVID-19 pandemic and beyond for medical device, pharmaceutical, and biotechnology companies:

Driving measurable value for the life sciences industry

Digital transformation in the life sciences industry is accelerating admist the backdrop of COVID-19. Companies are looking to technology to help them drive business continuity, maximize revenue growth, and improve patient outcomes at every step along the value chain.

Learn more about how PTC has helped life sciences customers gain a competitive advantage with technology:

Generate new revenue streams by delivering products as a service, or maximize existing product revenue streams by with solutions that enable better product differentiation, maximized throughput, or faster time to market.

Maximize Revenue Growth

Drive efficiency up and down the value chain, from optimizing engineering processes, avoiding CAPEX and lowering COGS in manufacturing, and avoiding service and warranty costs.

Improve Efficiency

Reduce the cost of compliance by driving efficiency with solutions for traceability, quality management, CAPA processes, and employee training and safety.

Lower Compliance Costs

Explore solutions for medical device companies

Medical device companies are primed for digital transformation— which can be difficult to undergo when navigating an ever-changing regulatory compliance landscape. Across the entire product lifecycle, from product design to the customer, traceability and audit-readiness in product information are crucial to innovation, increased efficiency, maximized revenue growth, and more. Learn how PTC’s customers are overcoming their challenges with PTC’s solutions for regulation and risk management and Internet of Medical Things (IoMT).

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Real-world life sciences and medical devices results

PTC’s solutions are helping leading life sciences companies to get ahead of the competition. See how our solutions for the medical device industry are making an impact.

Sysmex

Sysmex reduced the cost of service and improved customer satisfaction with smart, connected products.

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Leading Pharmaceutical Company

A global pharmaceutical leader reduce costs and improved productivity by streamlining worker training with augmented reality.

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Loop Medical

Loop Medical reclaimed 30% of engineering time by increasing the collaboration and efficiency of engineering teams with a SaaS product development platform that mitigated IT timely IT issues.

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ZEISS

Zeiss improved customer satisfaction with IoT solutions to reduce calibration-related downtime.

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Reduce service costs and increase customer satisfaction with PTC

Discover how new business models can help you deliver higher-quality service, while minimizing costs and driving customer satisfaction.

Internet of Medical Things (IoMT) solutions have redefined the service delivery model by offering:

Remotely monitored medical devices from any location
Machine data analysis for timely service decisions
Faster first-time fix rates and time-to-resolution

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Augmented reality Use augmented reality work instructions, training, and real-time information to increase productivity, reduce costs, and increase safety.

Industrial IoT Drive manufacturing efficiency and optimize service with real-time insights and visibility into people, products, assets, and performance.

Product lifecycle management Tackle product complexity with solutions that enable a single source of truth and traceability for product data, enabling lower compliance costs and engineering excellence.

Computer-aided design Reduce design time and prototyping costs with solutions to design, develop, and document products in conjunction with parametric modeling, generative design, and simulation and analysis.