Latest Trends in Medical Device Industry's use of Medical Education Programs is Focus of New Study

CHAPEL HILL, N.C., Feb. 26, 2016 /PRNewswire/ -- New compliance and transparency rules have tempered some medical device companies' sponsorship of medical education programs.

Yet, in an ever-changing industry where efficacy and safety are of utmost importance, medical education plays a pivotal role in informing physicians and healthcare professionals about the latest medical knowledge. Likewise, education programs serve as a training ground for surgeons and other physicians for new medical devices and, consequently, effective education programs play an important role in a new product's launch success.

To provide medical device education leaders with current benchmarks on the proper size, resourcing, and structure for this function, Best Practices, LLC conducted a benchmarking study that produced a report, "Organizing and Aligning Medical Education Roles in the Medical Device Industry: Optimizing the Structure, Resources and Activities to Improve in Medical Education Delivery." The study also investigates emerging medical education trends at medical device organizations regarding funding and program type.

Topics covered in this report include:

• Medical Education Group Structure And Activities Performed
• The Funding Channels Utilized By Medical Education Groups
• Staffing Benchmarks For Medical Education Groups
• Benchmark Medical Education Resources, Investment Allocation and Budget Allocation by Region And Program Type
• Trends In Grants To Professional Societies/Associations for Accredited And Non-accredited Education Programs
• Future Trends in Medical Education Staffing & Investment

In the study, half of medical device participants said they expect no change in the staffing levels of field-based educators in the coming two years. Still, 33 percent of the study participants expect the staffing for field-based medical educators to increase.

For this study, Best Practices, LLC engaged eight medical education leaders from six top medical device companies through a benchmarking survey.

To access the full report or to download a complimentary summary containing insights found in this report, click on the following link: http://www3.best-in-class.com/rr1414.htm.

For related research, visit our Best Practices, LLC Web site at www.best-in-class.com/. 

ABOUT BEST PRACTICES, LLC
Best Practices, LLC is a leading benchmarking, consulting and advisory services firm serving biopharmaceutical and medical device companies worldwide. Best Practices, LLC's clients include all the top 10 and 48 of the top 50 global healthcare companies. The firm conducts primary research and consulting using its comprehensive proprietary benchmarking tools and analysis.

SOURCE Best Practices, LLC

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