Integrating Engineering Processes With Market Insights: Catalyzing Healthcare Innovation Through Strategic Management Approaches

Authors

  • Md Imran Kabir Joy
  • Kazi Rezwana Alam
  • Md Ruhul Amin
  • Jahid Hasan
  • Md Saidur Rahaman

DOI:

https://doi.org/10.70937/faet.v1i01.34

Keywords:

Healthcare Innovation, Strategic Management, Engineering Processes, Market Insights, Interdisciplinary Collaboration

Abstract

This study explores the integration of engineering processes with market insights as a strategic approach to fostering healthcare innovation. By aligning technical methodologies with evolving market demands, organizations can improve patient satisfaction, enhance operational efficiency, and achieve substantial market growth. A systematic review was conducted following the Preferred Reporting Items for Systematic Reviews and Meta-Analyses (PRISMA) guidelines, encompassing 52 peer-reviewed articles published between 2012 and 2023. The findings reveal that interdisciplinary collaboration, iterative methodologies, and patient-centric design significantly contribute to the success of engineering-market integration. Notable outcomes include a 25–40% improvement in patient satisfaction, a 20–35% reduction in product development cycles, and a 15–30% increase in market share for organizations adopting market-aligned strategies. Additionally, data-driven decision-making emerged as a pivotal enabler, enhancing the relevance and efficiency of healthcare innovations. This review provides evidence-based insights and practical recommendations for organizations aiming to navigate the complexities of healthcare innovation, emphasizing the importance of aligning technical and market strategies to deliver impactful and inclusive solutions.

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Published

2024-12-26

How to Cite

Joy, M. I. K., Alam, K. R., Amin, M. R., Hasan, J., & Rahaman, M. S. (2024). Integrating Engineering Processes With Market Insights: Catalyzing Healthcare Innovation Through Strategic Management Approaches . Frontiers in Applied Engineering and Technology, 1(01), 185–203. https://doi.org/10.70937/faet.v1i01.34