Survey by Propel Software Shows Medical Device Sector is Slow to Embrace AI in Product Operations

AI Adoption in Medical Devices: Propel Software's research reveals that AI adoption in the medical device industry is significantly lower than in other sectors, with only 24% of companies utilizing AI compared to 51% in high tech.

Challenges Faced by Medical Device Companies: A majority of medical device respondents (76%) do not use AI in product operations, leading to challenges such as team coordination and lack of formal processes for gathering customer feedback.

Benefits of AI for Early Adopters: Among the 24% of medical device companies using AI, benefits include increased productivity (44%), competitive advantage (35%), and reduced expenses (31%).

Propel Software's Solution: Propel Software offers an AI solution designed to address compliance concerns in the medical device industry while streamlining product operations and enhancing decision-making.