Highest Quality MEDICAL DEVICES
Access to quality medical products is a complex health and development challenge. It depends on the physical availability and financial affordability of a product as well as its geographical accessibility.
We offer:
Pathway of quality medical products
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Research and Development (R&D)
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Regulatory Systems
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Financing
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Supply and Distribution
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Healthcare Facilities, Equipment and Personnel
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Patients’ Health-Seeking Behaviour and Adherence
Research and Development (R&D)
Physical availability of a new quality medical product depends first on R&D. Different incentive mechanisms, including intellectual property rights, market size and expected revenues, are needed to stimulate R&D.
Regulatory Systems
If successful at clinical trial stage, a product is then evaluated by national or regional regulatory authorities to ensure that it meets standards for efficacy, safety and quality – it is approved if the benefits outweigh the risks.
Financing
Products undergo cost-benefit analyses. If the products are evaluated as cost effective, they may be reimbursed by financing schemes which may positively affect the product’s affordability. But affordability also depends on the purchasing power of patients and their families, and on the supply side on the price set by manufacturers.In-house finishing process.
Supply and Distribution
Further along the access pathway, geographical accessibility of products is influenced by available local infrastructure and logistics. Inefficiencies in existing supply chains and distribution channels can compromise geographical accessibility of a medical product.
Healthcare Facilities, Equipment and Personnel
Access to medical products also depends on factors such as availability of health facilities, qualified healthcare providers and medical equipment.
Patients’ Health-Seeking Behaviour and Adherence
Medical products must be acceptable to patients and providers. This can depend on factors such as cultural norms and beliefs, whether it is a generic or branded product, or on product features, including form, dosage, taste and colour.
