The medical care industry is rapidly expanding due to the largest segment of the population aging and requiring medical assistance. This has led to many companies working on developing new medical devices that will improve care and allow patients to get the treatment they need at reasonable and affordable prices. Developing these new medical devices…
Tag: product design development
What Does the Suspension of the Medical Device Tax Mean for the Industry?
The Patient Protection and Affordable Care Act implemented in 2013 included a medical device excise tax which imposed a 2.3% tax on domestic sales of medical devices. The tax, paid for by the manufacturers or importers, was expected to generate billions of dollars to support healthcare but the revenues fell short and the tax took…
HMI: It’s technical, and why it’s so important
Human Machine Interface (HMI) systems is an important technology right now, and that is especially true for medical devices. With rising healthcare costs and an increasing need for affordable, easy to use medical devices, HMI for medical equipment is becoming an ever-important trend in product design development. Simply put, HMI systems provide the controls that…