Medical technology is constantly evolving, with innovative devices in 2023 offering groundbreaking solutions to improve patient care and outcomes. However, the journey from conceptualisation to market availability is not without its challenges. Medical device development involves several stages, each marked by specific milestones and regulatory requirements. Pipeline products undergo a rigorous approval process that ensures safety, efficacy, and adherence to regulatory standards. There has been a push for streamlined regulatory pathways and improved collaboration between regulatory agencies and industry stakeholders in recent years, which was further catalysed by the COVID-19 pandemic. These efforts aim to expedite the approval process for devices that address unmet medical needs, particularly in fields such as digital health and personalised medicine.
