Insight

MedTech’s next frontier: prioritizing patient experience for better outcomes

Published June 12, 2025

  • Life Sciences

Key takeaways

Within a rapidly evolving landscape, Medtech firms have a huge opportunity to enhance patient experiences. In this article, you’ll discover how MedTech companies can elevate patient experiences to build trust and improve health outcomes:

  • Learn from leading pharma examples and beyond
  • Explore opportunities for integrating patient feedback and personalized support
  • Find out how technology can empower patients in their healthcare journeys

 

We share key strategies for building patient partnerships, measuring impact, and driving cultural change, helping MedTech organizations stay competitive.

 

In recent years, the importance of patient experience has become a focal point in the healthcare sector. Whilst many pharmaceutical companies have made significant strides in integrating patient insights and support into their strategies, MedTech organisations have room to grow.

 

As MedTech continues to expand – expecting to reach to reach $770bn by 2029 up from $630bn in 2025 – the gap presents both a challenge and an opportunity for the big MedTech firms to enhance their patient engagement strategies, deliver enhanced experiences and improve overall healthcare outcomes.

In practice, ‘patient experience’ refers to activities that aim to understand and meet patient needs, ensuring smooth and personalized interactions that build trust, empowerment and satisfaction. The goal is to make every part of the healthcare journey positive and supportive, ultimately improving health outcomes.

Magnus Franzén-Rossi

In the MedTech sector, many products such as orthopaedic implants, cardiovascular devices, diabetes management and patient remote monitoring solutions, can benefit from a similar approach to pharma with an added focus on addressing patients’ wider challenges along the patient journey. Supporting patients’ unmet needs whilst they are using these products can support better adherence to health regimens, reduce recovery/rehabilitation lead times and positively impact health outcomes.

Of course, other MedTech products may not lend themselves easily to such an approach – for example, for surgical technology and operating instruments the priority, naturally, is the HCP’s experience. However, even when considering the value proposition of, for example, surgery equipment, it can pay to factor in the potential impact on experiences (which may perhaps be improved through reduced length of hospital stays/visits) as well as the health outcomes themselves.

By uplifting patient experience, MedTech firms can influence their reputation in a sustainable & authentic way.

In an era where patients have more choices and access to information than ever before, companies that demonstrate a commitment to patient-centric care stand out. The strategic benefits are clear: innovation that is targeted on actual patient needs naturally fosters increased trust and loyalty over the long-term.

 

And there are some great examples of leadership in MedTech, particularly in how patient communities are engaged with:

 

  • Johnson & Johnson’s “My Health Can’t Wait” campaign encourages patients to prioritize their health and not delay treatments, and which began with underserved communities. . Such programs can improve engagement and reinforce commitment to initiating treatment, with related longer term adherence benefits too.
  • Edwards Lifesciences has expanded its patient engagement efforts, recognizing the value of listening to patients and incorporating their feedback into product development. As part of their ‘experience program’, Edwards hosts events where patients can participate in discussions to improve the patient-caregiver experience. It fosters a sense of community among patients and provides valuable feedback, helping Edwards refine their products and services to better meet patient needs.
  • Philips and Medtronic Advocacy Partnership: Philips and Medtronic Neurovascular have formed a strategic advocacy partnership to improve access to timely stroke diagnosis and treatment. By joining the World Stroke Organization Advocacy Coalition, they aim to raise public awareness, expand stroke-ready hospitals, and leverage advanced technologies for integrated stroke care.

Making a difference: learnings from pharma organizations

For all those great MedTech case studies, it remains true that pharmaceutical companies have set the bar in this area, not only forging effective partnerships with patient advocacy groups, but involving patients in clinical trials and providing comprehensive support programs, post-prescription, that address a wide range of physical, social and emotional needs.

Pharma as a whole could still do more, but many have realised the benefits of a richer relationship with the patients on their treatments, and begun to deliver tangible changes to the experience throughout the journey.

Glen McCracken

5 ways pharma is improving patient experience

In our experience at Wavestone, there are five tangible ways in which many pharma companies have driven meaningful differences and better experiences for patients on their treatments:

The most impactful support programs are based on evidenced needs with a behavioral science view of beliefs and behaviors, and a practical understanding of how these may differ by country, influenced by health systems and social norms. And there are innovative ways of doing this: A Life in Day is an example of a company that offers truly immersive experiences as a starting point.

What are the macro-opportunities for MedTech?

While MedTech companies do not follow the same clinical trial approach, there is a requirement for patient feedback to be incorporated into the R&D process.

Integrating patient feedback into design and development not only improves the functionality and usability of medical devices but also ensures they meet the real-world needs of patients.

 

“We see potential to evolve the process with greater and deeper patient participation, benefiting product improvements and new releases – and potentially in a much faster, more iterative way than pharma is able to approach design & development”.

Lara Rogers, MedTech Transformation Advisor

 

Harnessing AI-powered analytics and predictive modelling capabilities provides the step change here, enabling sentiment analysis, insights and trends to be rapidly drawn from patient feedback from all sources.

Three practical recommendations for MedTech Leaders

Case for (more) cultural change?

At Wavestone, we believe that MedTech companies have a significant opportunity to catch up with their pharmaceutical counterparts and deliver on exceptional patient experiences, helping them to stay relevant and competitive in a rapidly evolving healthcare landscape.

 

“It needs to start with a mindset to change the culture to one where the patient experience is intrinsic to the organisational decision making”

Lara Rogers, MedTech Transformation Advisor

 

By prioritizing patient engagement, integrating feedback into product development, and embracing digital health solutions empathetically, MedTech firms can enhance experiences, improve health outcomes, and build lasting trust.

Authors

  • Glen McCracken

    Associate Partner – Switzerland, Geneva

    Wavestone

    LinkedIn
  • Lara Rogers

    Partner – UK, London

    Wavestone

    LinkedIn
  • Magnus Franzén-Rossi

    Partner – UK, London

    Wavestone

    LinkedIn