What does the abbreviation "RandD" stand for in the context of medical device development?

The abbreviation "RandD" stands for Research and Development, which is a crucial phase in the context of medical device development. This phase involves the systematic work undertaken to increase the stock of knowledge around medical devices, including the development of new products and the improvement of existing ones. Research comprises scientific investigations that contribute to the understanding of technology and medicine, while development focuses on the application of these findings to create viable medical devices.

In the medical device industry, the Research and Development process ensures that products not only meet clinical demands but also adhere to regulatory standards and ensure safety and efficacy for patients. Successful RandD contributes to innovation in medical device technology, helping manufacturers create safer and more effective devices for healthcare providers and patients alike.