Product Development Specialist

The Product Development Specialist is responsible for identifying market opportunities and developing innovative product solutions from concept to launch. This role works closely with cross-functional teams and vendors to ensure timely execution and alignment with business growth objectives.

• Identify key business opportunities to ensure achievement of revenue and growth targets
• Lead product solution development with teams to determine requirements based on the needs of our client/customer
• Liaise directly with principals/vendors on behalf of the business units. Organize and facilitate meetings to establish business requirements
• Draft business plan which includes industry overview, market analysis and competition, sales & marketing plan & financials.
• Collaborate with Product Managers/Product Specialists to manage and execute business plans and initiatives in relation to all medical consumables & devices and equipment.
• Coordinate with internal stakeholders in facilitating distributor’s agreement/contracts to make sure that all related documents are in place for a quicker turn-around time.
• Work closely with the Regulatory affairs department for timely product registration in relation to the product launch schedule

• Identify new products to ensure achievement of revenue and growth targets
• Continuously review industry trends and client feedback to anticipate future market needs.
• Work with medical consumables FSS and InnoQ product & clinical specialists to identify products gaps
• Work hand-in-hand with InnoQ Product Specialist regarding pre-launch activities in terms of stock availability, product positioning and pricing
• Work closely with the Regulatory affairs department for timely product registration in relation to the product launch schedule
• Draft business plan which includes industry overview, market analysis and competition, sales & marketing plan

Qualifications:

• Bachelor’s degree in Business Administration, Economics, or related field
• At least 2–3 years of experience in product development, business development, or a related role, preferably in the healthcare or medical devices industry
• Strong analytical and strategic thinking skills with the ability to translate market needs into actionable plans
• Excellent communication, presentation, and negotiation skills
• Ability to work collaboratively across cross-functional teams and manage multiple projects simultaneously
• Knowledge of regulatory processes for medical equipment is a plus