Justin Starbird and Lighthouse Imaging Chief Technology Officer, Benjamin Gray talk about the different medical device options available. 

Every product development process in the medical device industry is unique due to factors such as function, use, performance, and cost objectives. In some cases devices function stand-alone, while others are complementary to the primary device, impacting the way the development process unfolds. Broadly speaking, Benjamin said, "...devices may be generally categorized as reusable or single-use. When it comes to the process and economics of development, there are pros and cons to each type." 

Obviously, one of the primary challenges to developing single-use devices is meeting pricing targets, as material and labor costs must be minimized in the final product. Costs and margins need to be continuously evaluated and remain at the forefront of the developer’s mind.

Listen as Justin and Benjamin discuss how the needs of clients ultimately determine which direction folks should lean.