Market Trends in Medical Device Software Development
Conventionally the medical device companies have stayed in the business of coming up with hardware products
like surgical devices, ultrasound machines and x-ray machines. However, there has been a significant market shift
in the recent times. Medical device software development and other allied products that were previously rate are
soon going to account for the maximum growth of the medical industry in the forthcoming years. The rising
importance of medical device software solutions branches from the advent of new age medical device technology.
Today software has become an essential aspect of technology, with new consumers demanding cloud, mobility,
and analytics capacities in their medical devices.
The fast and widespread integration and infusion of medical device software development is an instance of the
way convergence is influencing the medical device industry. However, convergences also pose a threat to the ones
that are not aware or prepared for it. However, there is a massive growth scope for companies that can out-
implement and out-innovate their market players, making the most of software under the new marketplace
Today with the clinical device sector using corporate strategy to software development makes sure that the
products go beyond the conceptualization phase to provide instant value. To make this connect has been critical
conventionally owing to various business strategies needing different software development strategies. In order to
stay aligned, enterprises need to go a step ahead of the recent trends by choosing new and advanced software
technologies that track where the industry is heading at. The usual trend for web-based programs, applications
and cloud enabled solutions needs radically various software infrastructures.
Today solution providers specializing in product lifestyle services have used embedded software to set up medical
devices that enhances diagnostic capacities, simplifies the treatment process and keeps the patient engaged with
care. By joining hands with the consumer and involving the industry-leading external partners, these solution
providers takes a product from the design phase through quality assurance, integration and assistance. Their
expertise includes the following:-
Diagnostics & imaging
Device data gateways
Device data management
Custom device data management applications
EMR/CIS/HIS integration (HL7, DICOM)
In order to innovate in the market, the device companies should be able to create a standardized approach that
makes the most of all the accessible resources at their disposal, thereby reducing the need to reinvent the wheel
with every new development assistance. These resources in turn should be directed at the crucial software
applications and in line with the requirements of the new age consumer.