Streamlining the FDA approval process for medical devices
Navigating the FDA approval process for medical devices is a complex and time-consuming task, hindering innovation and slowing down product launches. By developing a platform that simplifies the process, startups can help medical device companies bring their products to market faster and more efficiently. This would not only reduce frustration for manufacturers but also improve patient access to new and innovative medical devices. The global medical device market size was valued at $425.5 billion in 2018 and is projected to reach $612.7 billion by 2025, with a compound annual growth rate of 5.4%.
FDA approval
United States
