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Glossary Term
Full Lifecycle Management
Definition
Full Lifecycle Management refers to the comprehensive process of overseeing a medical device’s entire lifecycle, from initial concept and design through development, regulatory approval, manufacturing, market launch, post-market surveillance, and eventual product retirement or replacement. It ensures continuous alignment with quality, regulatory, and market requirements throughout the device’s lifecycle.
Relevance to the MedTech Industry
Full Lifecycle Management is critical for maintaining the safety, effectiveness, and competitiveness of medical devices. It supports innovation, compliance with evolving regulations, and responsiveness to market demands, ensuring sustained value delivery to patients, healthcare providers, and stakeholders.
Additional Information & Related Terms
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