{"id":863,"date":"2020-02-03T14:18:25","date_gmt":"2020-02-03T13:18:25","guid":{"rendered":"https:\/\/serengeti.pepwebdigital.hr\/?p=863"},"modified":"2021-01-04T12:28:14","modified_gmt":"2021-01-04T11:28:14","slug":"the-global-medical-device-market-will-be-612b-by-2025-how-will-you-get-your-piece","status":"publish","type":"post","link":"https:\/\/serengetitech.com\/de\/business\/the-global-medical-device-market-will-be-612b-by-2025-how-will-you-get-your-piece\/","title":{"rendered":"The global medical device market will be $612B by 2025. How will you get your piece?"},"content":{"rendered":"\n

Healthcare is a huge industry and topic overall, so before we begin, let\u2019s try to break it down a little bit more. At Serengeti, when we work with healthcare providers, traditionally we are working with medical device manufacturers with a focus on high-quality certification, testing, and documentation.<\/a> As data has increasingly become a huge part of the healthcare space, we are also more focused on information governance, regulatory compliance, and smart medical devices.<\/p>\n\n\n\n

What is the latest on information governance?<\/strong><\/h2>\n\n\n\n

It\u2019s very important to the future of overall healthcare.<\/a> You are seeing more healthcare organizations move to a smart model and a rules-based workflow engine, with the end goal being stronger governance, more compliance, and a reduction in IT redundancy issues. The overall goal of healthcare is, typically, quality care for the end patients. But healthcare organizations have had lots of issues with bad data, un-scrubbed data, and low-quality algorithms, and those issues have reduced the quality of patient care.<\/a> The short answer is better technology and better implementation <\/em>of technology.<\/p>\n\n\n\n

Now add in ambitious development plans<\/strong><\/h2>\n\n\n\n

Healthcare is an insanely competitive industry, and a lot of the top organizations still have a high debt-to-income ratio -- so there is a constant race to develop and implement the latest and greatest and prove growth while boosting revenues and profits. We worked with audifon<\/a>, a German company that focuses on hearing solutions and distributes products in 60+ countries globally. They had very ambitious growth plans tied to two annual events, but they lacked the in-house development team to make it happen -- although they were fearful of outsourcing the work because hearing solutions are so specific technically. They require a high degree of expertise. We had it, and developed products with them through our Team Extension Model.<\/a><\/p>\n\n\n\n

Starting to see why software development outsourcing is important for healthcare and medical devices?<\/strong><\/h2>\n\n\n\n

Here is the bouncing ball: <\/p>\n\n\n