Evaluation of success factors for medical device development using grey DEMATEL approach
Abstract
Purpose
Successful device development brings substantial revenues to medical device manufacturing industries. This paper aims to evaluate factors contributing to the success of medical device development (MDD) using grey DEMATEL (decision-making trial and evaluation laboratory) methodology through an empirical case study.
Design/methodology/approach
The factors are identified through literature review and industry experts’ opinions. Grey-based DEMATEL methodology is used to establish the cause-effect relationship among the factors and develop a structured model. Most significant factors contributing to the success of MDD are identified. An empirical case study of an MDD and manufacturing organisation is presented to demonstrate the use of the grey DEMATEL method. Sensitivity analysis is carried out to check robustness of results.
Findings
The results of applying the grey DEMATEL methodology to evaluate success factors of MDD show that availability of experts and their experience (SF4) is the most prominent cause factor, and active involvement of stakeholders during all stages of MDD (SF3) and complete elicitation of end-user requirements (SF1) are the most prominent effect factors for successful MDD. A sensitivity analysis confirms the reliability of the initial solution.
Practical implications
The findings will greatly help medical device manufacturers to understand the success factors and develop strategies to conduct successful MDD processes.
Originality/value
In the past, few success factors to MDD have been identified by some researchers, but complex inter-relationships among factors are not analysed. Finding direct and indirect effects of these factors on the success of MDD can be a good future research proposition.
Keywords
Acknowledgements
This research work is funded by the All India Council for Technical Education (AICTE); vide Ref No.20/AICTE/RIFD/RPS (POLICY-1) 61/2013-14. The authors express sincere thanks to all concerned authorities for the same.
Citation
Kirkire, M.S. and Rane, S.B. (2017), "Evaluation of success factors for medical device development using grey DEMATEL approach", Journal of Modelling in Management, Vol. 12 No. 2, pp. 204-223. https://doi.org/10.1108/JM2-09-2015-0062
Publisher
:Emerald Publishing Limited
Copyright © 2017, Emerald Publishing Limited