Medical Devices

Medical Devices is one of the fastest growing industry segments in the Global Health and Wellness Industry.The demand for devices from emerging markets is increasing and the key segments that are contributing to this growing demand are Homecare, Monitoring and Diagnosis.

The Medical Device manufacturers continue to face challenges to meet the growth in demand from emerging markets, while continuing to serve the developed markets.

Key trends include:

  • Increasing cost pressures on companies
  • Increased focus on preventive care
  • Investments in products/solutions for homecare, remote monitoring, tele-health and self-monitoring
  • Growth in developed as well as emerging market.
  • Changing operating models for R&D, supply chain, manufacturing
  • Accelerating interoperability involving medical equipment and hospital systems