Whilst it is easy to moan over the amount of work this new regulation brings with it, surprisingly, it also harbors major advantages for businesses. On the one hand, the time spent to optimize data management forces companies to review, improve, reduce, restructure and streamline internal processes and systems. On the other hand, piracy and product counterfeiting are significantly impeded which will ultimately strengthen the company’s position on the European market.
Besides that, thanks to MDR, the communication with suppliers on the one side and clients on the other side will improve because it gives companies the possibility to communicate directly with the users, giving them a powerful tool to evaluate and include product and service feedback in the new product development process.
Whilst it may seem to be a lot of work with little outcome at first, and maybe even deemed a waste of time, it can be turned into something positive. For this, it is important to work smart in order not to let the large amount of effort not go to waste, meaning making processes more efficient, breaking down market barriers and reducing costs in the long term.
Read more about the maturity assessment in our Medical Device Regulation Compliance factsheet. Also, get more insight on MDR transition.