Medical Device Patent Development

By:Heloise Peixoto

As a physician, you have a unique perspective on some of the most difficult problems facing patients and their healthcare providers. Through your experience, you may even find that you come up with an idea for a medical device that could solve one or more of these problems and improve the quality of care patients receive. However, the idea of patenting and producing your medical device may seem overwhelming. Fortunately, with assistance from the right company, you can protect your interests and distribute your device to other healthcare professionals who may benefit from its use. 

The Patenting and Production Process

Before you can begin patenting and producing your device, you must deal with several issues. 

  • Identifying the need - All medical devices should solve a problem within the field of healthcare. Before you pursue a patent, ask yourself what problem your device solves. If you have a clear answer, your device may be of value to other healthcare providers. However, if there is no viable market for your device, patenting may not be necessary. 
  • Research - Next, your device must be tested and tweaked until it meets the desired standards. This type of research, which often involves focus groups or clinical trials, is highly involved and time consuming. 
  • Manufacturing and Distribution - Since you will not have the resources to produce and distribute your medical device on your own, you will need to seek assistance from third party companies who can handle these tasks for you. 
  • Funding - All of the above activities are costly. Thus, most physicians will need to look for investors to help them test, manufacture and distribute their medical devices. 

Getting Help from the Right Source

As a physician, you are already busy caring for patients, taking care of administrative responsibilities and completing other important tasks. Adding patenting, research and investor relations to the mix isn't practical. Instead of trying to handle the medical device patent process on your own, you need to seek help from a network of industry players and professionals who have experience with this process. 

The MARC INSTITUTE has the knowledge and expertise necessary to help you make your dream a reality. We understand that most medical professionals don't have the time or resources to do this on their own, but we fill in all the gaps so that you can bring your ideas to life. We can help with every phase of the patenting, design and manufacturing process, from helping you find investors to the testing of your medical device. 

If you have an idea for a medical device, we would love to help you pursue it.

Contact Us Online or call us at (305)716-0966

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