Constraints of service development within the Medical Device Industry: A preliminary study

Linda Ryan, David Tormey, Perry Share

Research output: Chapter in Book/Report/Conference proceedingConference contributionpeer-review

Abstract

Cost, quality and technology leadership are no longer sufficient for businesses to secure critical advantage. Instead, differentiations are being provided through the supply of innovative services, which can rapidly develop into a firm's unique selling proposition. However, although services can provide additional competitive advantage, the inherent differences between product and service can cause difficulty in the effective integration of the two processes. Services are dominated by intangible elements which can be difficult to perceive and quantify. Within the medical device industry, the growing focus on usability, patient safety and increasing regulatory requirements has further complicated the already complex development process. In order to meet regulations, development is undertaken within strict boundaries to produce tightly controlled outputs. It can be seen that there is an incongruity between the nature of medical device development and the service development processes. This paper explores the constraints and inhibitors of service creation within the context of the medical device industry. Service innovation and its application is discussed. Difficulties in the addition of a service element and their potential solution within a medical device context are explored.

Original languageEnglish
Title of host publicationMaterials Science and Information Technology, MSIT2011
Pages733-739
Number of pages7
DOIs
Publication statusPublished - 2012
Externally publishedYes
Event2011 International Conference on Material Science and Information Technology, MSIT2011 - Singapore, Singapore
Duration: 16 Sep 201118 Sep 2011

Publication series

NameAdvanced Materials Research
Volume433-440
ISSN (Print)1022-6680

Conference

Conference2011 International Conference on Material Science and Information Technology, MSIT2011
Country/TerritorySingapore
CitySingapore
Period16/09/1118/09/11

Keywords

  • Innovation
  • Medical device development
  • Service

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