The Concept
AksoDynamic is a market lead company with superior engineering capabilities. Our team’s experience in working for the major medical device companies, close to surgeons and patients, enables us to have a global view of the market needs, and envision the future requirements of a medical device in its context of use in the hands of end users and hospitals purchasing organisations.
AksoDynamic focuses on creating breakthrough innovative solutions that provide a different approach to existing products and methods by improving the cost of device utilisation ratio.
Most medical products have not been developed through Design for Manufacturing and Assembly (DFMA) and have been left unchallenged for decades.
The added advantage of AksoDynamic is its multifaceted team that is not constrained by tunnel vision that many companies suffer from by relying too heavily on standard industry practices and procedures.
AksoDynamic’s approach is to understand the entire context in which the medical device is used. This involves an understanding of the market, including: competition, healthcare reimbursement systems for market access, end users requirements, including purchasing organisations, and healthcare providers
AksoDynamic provides solutions with services that include market analysis, testing and technology forecasting, enabling us to provide invaluable insight in order to lead to disruptive products and market dominance for our clients.
The difficulties that plague most medical companies is the increasing competition, and lack of product differentiation for existing products or market access for those that have a void in their product range.
AksoDynamic has regularly proven that it can take a me-too product and provide not only an innovative approach in order to provide product differentiation, but a cost effective method of manufacturing.
Curiously, the products considered as mature are often ignored not only for improvement but as a target market. In order to avoid the downward economic spiral, low cost producers can only be countered with innovation that improves the cost per use of the product while providing greater flexibility, and answering the needs of the healthcare providers.
A complete project team
AksoDynamic approaches each project as a team, ensuring that each domain is represented in order to share perspectives, and communicates with all the various interlocutors on the user’s side in order to base the development required from a detailed view of the environment.
AksoDynamic also has a worldwide network of high level KOL specialists that are regularly used to assist in the development and validation of any medical product.
It is no longer enough to just innovate, being able to rapidly bring a product to market is key to the success of any development. Each member of the AksoDynamic team has experienced the difficulties of the development process within a variety of different companies, and has embraced the company’s philosophy of eliminating the obstacles that plague the rapid development in so many companies
At the heart of AksoDynamic’s team is a confluence of a diverse variety of backgrounds, and competencies, focused on results.
- Their background in the medical market enables an immediate grasp of the environment, and access to a worldwide network of KOLs, distributors and medical companies that can be integrated in some form into the development of any project.
- Their diversified experience in engineering, materials science, and ability to view a project transversally assists in determining the solution quickly.
Geo-Market Production
The current pandemic has highlighted the fundamental problem of supply chains heavily reliant on sole source suppliers, or critical components manufactured in China. China currently represents 20% of global manufacturing. The problems of production, quality, delivery issues, and the ever increasing costs, require a review of manufacturing locations.
There has been a general belief that products made in the EU or the USA are too expensive, particularly in terms of labour costs. AksoDynamic take the view that there is a need to understand the end to end costs, and to focus on finding the solutions to produce as locally as possible
AksoDynamic work on the basis that it is important to ensure a product’s quality, and its reproducibility. This often entails the development of an automated process, the reduction of components required, and sourcing locally
The high volumes of medical devices provides a strong economic case for the automation of production in part or all of the device. AksoDynamic integrates the manufacturing process along with the design of its features and benefits, and privileges automation in order to ensure reproducibility, and profitability
Now, more than ever, is the time to rethink the supply chain starting with a review of the medical companies product strategy. AksoDynamic is your ideal partner to assist in developing solutions rapidly.