The domain of medical equipment manufacturing is opening new doors for expansion while addressing several needs of the medical community across the globe. This year’s medical device industry trends reflect the relentless pace of transformation, change, and growth impacting nearly every aspect of the industry. Whether it’s the growing focus on sustainability, the continued growth in combination products, the rise of ingestible devices, or regulatory changes, medical device makers are gearing up to navigate a dizzying array of both opportunities and challenges facing the industry.
With a rise in the number of chronic diseases, an aging global population, gastrointestinal disorders, colon cancer diagnoses globally, and the shift toward preventative strategies in healthcare to tackle disease progression, ingestible medical devices is witnessing a continuous growth trajectory. At the same time, there is also a surge in VR-based medical equipment right now, leading to rise in the industry’s investment in reformed versions of VR devices to fuel further growth.
According to several other market reports, the inflow for revenue for medical devices in 2020 will cross previous year’s numbers. Alongside, the FDA has recently uncovered a faster pathway for the approval of medical devices and has been working to solidify their compliance strategies.
At this juncture, there is a wide variety of medical device manufacturing service/consulting companies entering the landscape with a set of advanced and insightful offerings. To help medical device manufacturing fraternity strengthen their infrastructure and simultaneously enable growth, MedTech Outlook has compiled this edition. The list comprises prominent consulting companies in the industry that solve medical device manufacturing challenges. Besides, the magazine also comprises insights from thought leaders in the sector on the industry trends, best practices, recent innovations, and their advice for the aspiring CIOs and CXOs.
We present to you MedTech Outlook’s, “Top 10 Medical Device Consulting Companies – 2020.”