Medical Devices
COALITION supports clients who operate within device specific segments across the Medical Device industry. Many companies continue to focus on the impact of changes in regulatory frameworks on their legacy products as a priority, leaving lower levels of funding and attention for next generation products and therapies.
The Medical Device industry is under enormous pressure due to a number of once-in-a-generation global factors. Currently, there is great complexity in international supply chains caused by wars in Ukraine and Israel as well as ongoing tensions surrounding Taiwan. Combined with the after-effects of the COVID-19 pandemic is leading to increased raw material and component prices as well as similarly impacting on the cost of energy, transportation and labor. On the other side of the equation, the health services that the industry serves also continue to recover from the recent, global pandemic and are demanding cost savings to support budgets that are shrinking in real terms.
The healthcare market is also requesting new product functionality to remove capacity constraints for caregivers and their funders. There are great opportunities to provide technologies to support such requirements, harnessing the power of data analytics as well as utilizing artificial intelligence for diagnosis and treatment. Many companies however find themselves distracted and their budgets diverted due to the ongoing impact of the implementation of the Medical Device Regulation in the European Union (EU MDR).
COALITION is an exceptional guide to support companies as they navigate conflicting requirements and seek to move forward in an increasingly competitive global environment. With a profound understanding of the changing market dynamics, industry trends and the impact of regulatory complexity on product development, COALITION partners with Medical Device organizations to support them in strategic innovation development, transformational change and collaboration management.
How COALITION helps
COALITION has deep expertise across the Medical Device industry and works closely with organizations to understand their challenges and what change and support they require.
COALITION can work on an advisory basis or alternatively can embed experts within organizations to help drive the change that is required and deliver progress towards defined targets.
For more information, please use the Contact form or email enquiries@coalition.ltd
Collaboration Management
Helping Medical Device organizations organize and manage development projects for optimal outcomes.
Business Transformation
Whether revolution or evolution is required, COALITION supports change programs required to allow organizations reach their full potential.
Innovation Management
Facilitating teams in selecting, prioritizing and driving Medical Device R&D projects to align with commercial targets.
Mat Stratton - Principal Consultant (MedTech & Combination Products)
Mat has over 20 years experience of establishing and leading technology and service businesses within highly regulated industries. During this time, he has been able to grow organizations successfully based on driving rapid development of complex new products as well as innovative services whilst ensuring compliance to all relevant regulatory frameworks.
Stewart McKinlay – Senior Consultant (MedTech & Combination Products)
Stewart is a pioneer in the development of products across an array of medical sectors such as Wound Management, Ortho-Biologics and sensors/data / Apps. With 20 years experience at a senior exec level in the UK’s largest MedTech organization, he has been instrumental in over 60 new product launches and 12 company and technology acquisitions.