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Article
Reducing Costs and Accelerating Time-to-Market for Medical Devices with IRT
Published on Medical Product Outsourcing
Oct 24, 2024
  • Library
  • Reducing Costs and Accelerating Time-to-Market for Medical Devices with IRT

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The journey to bring a medical device to market is filled with high stakes and even higher costs. With clinical trials averaging $31 million for devices under the 510(k) pathway and skyrocketing to $94 million for premarket approval the pressure to find smarter, more cost-effective solutions has never been greater.
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