Case Study

3 Trends in a Growing & Evolving Medical Device Market

3 Trends in a Growing & Evolving Medical Device Market

Pages 7 Pages

BUILDING RESILIENCE IN THE FAST-CHANGING MEDICAL DEVICE INDUSTRY 3 Trends in a Growing & Evolving Medical Device MarketIn 2020, skyrocketing demand in the medical device market showed that manufacturers need to be able to pivot and scale to meet rapidly changing demand and to mitigate uncertain supply. This with the emergence of 3 other critical trends means manufacturers must invest in the right technology to sustain advantage: • Shift to U.S. manufacturing • Growing demand for remote and non-essential devices • Process automation 2 A lith y a.c om 2020 was a transformative year in the medical device market.Manufacturing has grown for 13 consecutive months as of June 2021. A Shift to U.S. Manufacturing Manufacturers have moved production to the U.S. with more cus

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