#8 Strategic Risk Management in MedTech Innovation
MedTech Innovation 360
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MedTech Innovation 360
#8 Strategic Risk Management in MedTech Innovation
Apr 30, 2024 Season 1 Episode 8
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In this episode of the MedTech Innovation 360, we delve into risk assessment and management within medical device development. Exploring the definitions of risk, we differentiate between risk assessment and risk management, stressing the importance of early identification and mitigation. Key points include the relationship between risk and hazards, the role of Failure Modes Effects Analysis (FMEA) in identifying potential failures, the significance of ISO 14971 as a guiding standard, and the integration of user and design perspectives in comprehensive risk analysis. Practical examples, such as sidewalk cracks, illustrate risk analysis criteria. We also emphasize considering manufacturing processes and material properties for product safety and functionality. Throughout, we employ real-world analogies and detailed examples to make complex concepts accessible, aiming to help medical device professionals enhance product safety and efficacy through meticulous risk analysis and proactive design adjustments.

Episode Artwork #8 Strategic Risk Management in MedTech Innovation 44:13 Episode Artwork #7 FDA Regulations Guide for Medical Device Developers 41:10 Episode Artwork #6 The Power of Marketing in the Medical Device Industry 45:24 Episode Artwork #5 Compliance Matters: Navigating FDA Clearance and ISO Certification for Medical Devices 50:00 Episode Artwork #4 The Art of Innovation: How Industrial Design Shapes Medical Devices 48:09 Episode Artwork #3 Unleashing the Power of Industrial Design 46:51 Episode Artwork #2 Best Practices for Conducting User Research in Medical Device Development 45:47 Episode Artwork #1 Designing for Patients: The Power of User-Centered Medical Device Development 31:28