VP of Innovation – Jacksonville, FL | AI-Powered Medical Devices

Are you an experienced and forward-thinking leader in the field of medical technology with a passion for driving innovation through AI-powered solutions? We are searching for a VP of Innovation to join a leading company in Jacksonville, FL, specializing in groundbreaking AI-powered medical devices. This is a unique opportunity to shape the future of healthcare by leading innovation strategies that will transform the industry.

Drive the Future of Healthcare Innovation in Jacksonville

A leading company in the AI-powered medical devices space is seeking a VP of Innovation to spearhead its research and development efforts in Jacksonville, FL. The ideal candidate will have a strong background in medical device development, artificial intelligence integration, and a proven track record of managing cross-functional teams to bring cutting-edge solutions to market. If you’re passionate about revolutionizing healthcare and pushing the boundaries of technology, this role is your chance to leave a lasting impact on the industry.

Key Responsibilities of the VP of Innovation – AI-Powered Medical Devices

Innovation Strategy Development: Lead the creation and execution of an innovation strategy that positions the company as a market leader in AI-powered medical devices. Drive the development of cutting-edge technologies and solutions that align with current healthcare trends, regulatory standards, and patient needs.

AI Integration & Research: Oversee the integration of artificial intelligence technologies into medical devices, ensuring that product development is aligned with both medical efficacy and technological advancements. Lead research and development teams to discover and implement new AI-driven solutions for improved patient outcomes.

Collaboration with Cross-Functional Teams: Work closely with engineering, product development, marketing, and regulatory teams to ensure a unified approach to innovation. Foster collaboration across departments to ensure that AI-powered products are developed efficiently and meet industry standards.

Market & Competitive Analysis: Continuously monitor market trends, competitor activity, and emerging technologies to identify new opportunities for innovation. Lead market research to understand customer needs, preferences, and gaps in the healthcare space that can be addressed through AI-powered devices.

Product Development & Life Cycle Management: Oversee the product development process from ideation to commercialization. Ensure that AI-powered medical devices are developed with a focus on quality, safety, and performance. Manage the product lifecycle, from initial concept to post-launch support and upgrades.

Regulatory & Compliance Leadership: Ensure all innovation efforts comply with regulatory requirements, including FDA guidelines and international medical device standards. Lead efforts to navigate complex regulatory environments and ensure that all AI-powered medical devices meet the highest safety and efficacy standards.

Talent Management & Leadership: Build and lead a high-performing innovation team, attracting top talent in AI, engineering, and medical device development. Foster a culture of creativity, collaboration, and continuous improvement to ensure the team stays at the forefront of technological advancements.

Stakeholder Engagement: Collaborate with internal and external stakeholders, including investors, healthcare providers, and industry experts, to ensure that innovation efforts are aligned with business goals and market demands. Provide regular updates on the progress of AI-powered product initiatives and innovation milestones.

Financial Management: Work closely with the CFO and executive team to secure funding for innovation projects. Manage budgets for R&D efforts, ensuring that resources are allocated effectively to drive results while maintaining cost-efficiency.

Risk Management & Ethical Oversight: Identify and mitigate risks associated with the development and deployment of AI-powered medical devices. Ensure that all innovations are developed and tested with patient safety, data privacy, and ethical considerations as top priorities.

What the Client is Looking for in You

As the VP of Innovation – AI-Powered Medical Devices, the client seeks a visionary leader who is passionate about advancing the healthcare sector through the integration of artificial intelligence in medical devices. The ideal candidate will possess the experience and expertise to drive innovative product development while ensuring that safety, efficacy, and patient care remain top priorities. You should be a strategic thinker with the ability to navigate the complexities of the medical device industry and lead the development of transformative technologies.

Proven Expertise in Medical Device Innovation

The client is looking for a seasoned executive with a deep understanding of the medical device industry and AI technologies. You should have a proven track record in leading innovation in medical devices, particularly those powered by AI. Experience in R&D, AI integration, and navigating regulatory requirements for medical devices is highly valued. The ideal candidate will have the ability to successfully bring new products to market while ensuring they meet both technical and clinical standards.

Strategic Vision for AI-Powered Healthcare Solutions

As VP of Innovation, you must possess the ability to define and execute a forward-thinking innovation strategy. The client is looking for someone who can identify emerging technologies, anticipate future trends in AI and healthcare, and drive innovation that addresses unmet needs in patient care. The ideal candidate will have a proven ability to lead cross-functional teams in the development and delivery of AI-powered medical devices that improve patient outcomes.

Strong Leadership and Cross-Functional Collaboration

Leadership in innovation is key to this role. The client seeks a leader who can effectively guide a multidisciplinary team of engineers, scientists, clinicians, and regulatory experts. You should be able to inspire creativity, foster collaboration, and drive a culture of continuous improvement. Experience in leading and mentoring high-performing teams while maintaining a clear focus on innovation and efficiency is essential.

In-Depth Knowledge of AI and Medical Device Regulations

The client is looking for someone with strong technical knowledge of AI, machine learning, and medical device development. In addition, the ideal candidate will be well-versed in regulatory requirements such as FDA approval processes, ISO certifications, and clinical trials. A comprehensive understanding of compliance and risk management practices within the medical device industry is critical for this role.

Stakeholder and Investor Engagement

The client values a leader who can effectively engage with key stakeholders, including investors, regulatory bodies, healthcare providers, and academic institutions. Your ability to communicate the company’s innovation roadmap, present data-driven insights, and secure support for future initiatives will be essential in driving the company’s growth in the AI-powered medical device sector.

Commitment to Excellence in Patient Safety and Quality

A strong focus on patient safety, device quality, and regulatory compliance is crucial. The ideal candidate will have a relentless commitment to developing products that improve patient care while meeting the highest industry standards. You should have the ability to make data-driven decisions that ensure the safety, reliability, and performance of AI-powered medical devices.

Forward-Thinking Financial and Risk Management

The client seeks a VP of Innovation who can balance innovation with sound financial management. You should be comfortable working with budgets, securing funding for R&D, and ensuring that projects are completed on time and within budget. A deep understanding of financial modeling, resource allocation, and managing innovation risks is a key requirement for this role.

FAQs About the Role – VP of Innovation – AI-Powered Medical Devices

What are the key responsibilities of the VP of Innovation in this role?

As the VP of Innovation, you will be responsible for leading the development and execution of the innovation strategy, with a focus on AI-powered medical devices. You will oversee the integration of cutting-edge AI technologies, collaborate with cross-functional teams, and ensure compliance with medical device regulations. Additionally, you will drive product development, manage R&D efforts, engage with stakeholders, and ensure that the company’s innovation efforts align with healthcare trends and patient needs.

What qualifications and experience are required for this position?

The ideal candidate should have a strong background in AI, machine learning, and medical device development. Experience in leading R&D teams within the medical device or healthcare sector is highly preferred. A track record of successfully bringing innovative products to market, particularly in AI-powered technologies, is essential. Experience with regulatory requirements such as FDA approvals and clinical trials is a must. A degree in engineering, computer science, or a related field, along with an advanced degree or MBA, is preferred.

What leadership qualities are essential for this role?

The client seeks a visionary and results-oriented leader who excels in strategic thinking, innovation, and cross-functional collaboration. Strong leadership, decision-making, and communication skills are vital to inspire teams and engage stakeholders. A deep understanding of AI technologies, combined with a focus on patient safety and compliance, will be critical. You should also possess the ability to navigate complex challenges and drive continuous improvement in product development and innovation.

What challenges can I expect in this role?

As VP of Innovation, you will face challenges such as integrating rapidly evolving AI technologies into medical devices, ensuring compliance with strict regulatory standards, and maintaining a focus on patient safety and product quality. Balancing innovation with regulatory constraints, managing R&D budgets, and aligning innovation with market demands will also present challenges. Additionally, you will need to manage the expectations of investors, stakeholders, and healthcare providers as you drive new products through the development and commercialization process.

What is the expected impact of the VP of Innovation on the company’s growth?

The VP of Innovation is expected to have a significant impact on the company’s growth by driving the development of groundbreaking AI-powered medical devices that improve patient outcomes and address unmet medical needs. Your leadership will be crucial in enhancing the company’s product portfolio, increasing market share, and positioning the company as an industry leader in AI-powered healthcare solutions. The innovations you bring to market will help the company expand its presence in the healthcare sector and drive long-term success.

What is the company’s culture and work environment like?

The company fosters a culture of collaboration, innovation, and a strong commitment to improving patient care through advanced technology. They value leaders who can inspire teams, drive cross-disciplinary collaboration, and maintain a patient-first mindset. The work environment is fast-paced, results-driven, and centered around continuous learning and improvement. You will have the opportunity to make a significant impact on both the company’s culture and the healthcare industry as a whole.

What Remuneration Can You Expect from This Job?

As the VP of Innovation – AI-Powered Medical Devices in Jacksonville, FL, you can expect a highly competitive compensation package tailored to attract top-tier executives in the cutting-edge field of AI-powered healthcare solutions. The remuneration for this role typically includes:

Base Salary
The base salary for the VP of Innovation in the medical device industry is designed to reflect the candidate’s experience and expertise in AI, innovation, and medical technologies. For this role, the annual base salary can range from $200,000 to $350,000, depending on the company’s size and market position. High-level experience with AI and a proven track record in medical device innovation may command a premium.
Performance-Based Bonuses
In addition to the base salary, performance-based bonuses are a key part of the compensation structure. These bonuses are typically linked to the successful execution of innovation strategies, product development milestones, and the company’s financial performance. Annual bonuses can range from 20% to 50% of the base salary, depending on individual and company performance.
Equity & Stock Options
Given the strategic role of the VP of Innovation, many companies offer equity-based incentives, including stock options or restricted stock units (RSUs). These align executive compensation with the company’s long-term success and shareholder value. The equity component can be a significant part of the total compensation package, with the potential for substantial growth in value as the company achieves its business goals.
Profit-Sharing & Long-Term Incentive Plans (LTIPs)
Some companies may also offer profit-sharing or LTIPs to reward executives for driving sustained growth and innovation. These plans are designed to provide additional financial incentives based on the company’s long-term success, ensuring alignment with the company’s long-term objectives and market leadership.
Executive Benefits & Perks
Executives in this role typically receive a comprehensive benefits package, which may include:

Health, dental, and vision insurance
401(k) or pension plans with company contributions
Executive retirement plans
Company-provided vehicles or travel allowances
Wellness and fitness programs
Expense accounts for business development and innovation-related activities

Signing Bonuses & Relocation Assistance
To attract top talent, some companies may offer signing bonuses or relocation assistance to highly qualified candidates. These incentives can range from $50,000 to $150,000 and are offered to ensure a smooth transition for the new VP, especially when relocation or a significant change in position is involved.

Total Compensation Potential

Considering base salary, bonuses, equity, and other incentives, the total compensation for a VP of Innovation in the AI-powered medical device sector can range from $300,000 to $750,000+ annually, with potential for growth based on company performance, innovation milestones, and product development successes. High-growth companies or those with substantial funding may offer even more lucrative packages, particularly in competitive markets.

How to Apply

If you are an accomplished leader in the medical device industry with a strong background in AI innovation, we encourage you to apply for the Vice President of Innovation – AI-Powered Medical Devices role in Jacksonville, FL. This is a unique opportunity to lead the development of next-generation AI-driven medical technologies, shape the strategic direction of the company, and drive innovation in the healthcare sector.

To apply, please submit your resume and a cover letter that outlines your experience in leading innovation efforts within the medical device industry, particularly in AI integration. In your cover letter, be sure to highlight your expertise in driving product development, scaling AI solutions, building high-performing teams, and navigating regulatory challenges in the healthcare space.

We are looking for a visionary leader who can develop and execute long-term strategies to ensure the company’s success in a rapidly evolving medical technology landscape. This is a high-impact leadership role that offers the chance to shape the future of AI in healthcare.

Apply today to take the next step in your executive career and contribute to pioneering innovations that will transform the medical device industry.

For more information or to explore similar opportunities, visit our Medical Device Executive Careers Page.

Job Category: AI-Powered Medical Devices

Job Type: Full Time

Job Location: Jacksonville

VP of Innovation – Jacksonville, FL | AI-Powered Medical Devices