Should you Design New or Extend the Lifecycle?

Medical Device Companies often face a critical decision: should they invest in designing a brand-new product, or should they focus on extending the life of an existing design?

As part of their focus on Design for X in medical product development, Boston Engineering presented “Design New vs. Extended Lifecycle: An evaluation of the Economics and Risks of Medical Product Strategy” at the 2024 Boston MEDevice Conference to discuss this very issue.

The presentation covered the benefits and risks of this business decision from both and economic and a Design for X perspective.

Did you miss the event?

Download your free copy of the presentation “Design New vs. Extended Lifecycle: An evaluation of the Economics and Risks of Medical Product Strategy” today.