Orthopaedic Product Development Director

2 weeks ago

Banga Rural, India Zifcare Full time
Job Title: Orthopaedic Product Development Manager

Location: Bangalore (onsite)

Employment Type: Full Time

Compensation: INR 1216LPA

Job Summary:

Zifcare is seeking an experienced Orthopaedic Product Development Manager to lead efforts in researching the market, identifying product gaps, and developing or redesigning products to address unmet needs in the orthopaedic space. This is a business-focused role, not research-oriented.

Key Responsibilities:

  • Conduct comprehensive market research to identify gaps in the orthopaedic and pain management product categories.
  • Analyze market trends, customer needs, and competitor offerings to propose new or redesigned products.
  • Work closely with the business development team to assess demand for potential products in the B2B healthcare sector.
  • Identify and source manufacturers and suppliers from low-cost regions, such as China, Vietnam, or other cost-effective destinations.
  • Build and maintain strong relationships with suppliers, negotiating terms, pricing, and quality standards.
  • Oversee the product development process, collaborating with internal teams to ensure alignment with market needs.
  • Work closely with the medical team to verify the efficacy of new products and ensure they meet regulatory and medical standards.
  • Develop and execute the GTM strategy for launching new orthopaedic products in the offline market, including pricing, distribution, and promotion strategies.

Requirements:

  • Bachelor's degree in Business Administration, Product Management, Healthcare Management, or a related field. A Master's degree is a plus.
  • 8-12 years of experience in product development or management, ideally in the healthcare, medical device, or orthopaedic industry.
  • Proven track record in conducting market research and identifying product gaps within the medical or healthcare markets.
  • Experience working with suppliers and manufacturers, especially in low-cost destinations.
  • Previous experience launching products into B2B markets, specifically in healthcare or orthopaedic fields.
  • Understanding of regulatory requirements and compliance in the orthopaedic and medical device industries.

Skills:

  • Market research expertise, including conducting market assessments, identifying product needs, and analyzing competitor landscapes.
  • Supplier management skills, including sourcing suppliers and manufacturers from low-cost regions and managing vendor relationships.
  • Product development skills, including overseeing the full product lifecycle from ideation and design to manufacturing and market launch.
  • Medical knowledge, including familiarity with orthopaedic products, pain management solutions, and the ability to work with medical professionals to verify product efficacy.
  • Strong project management skills, including the ability to manage timelines, budgets, and cross-functional teams.

Soft Skills:

  • Excellent communication and negotiation skills, especially when working with suppliers, medical professionals, and internal teams.
  • Ability to make data-driven decisions and work in a fast-paced startup environment.

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