Medtech Manufacturing: From Disruption To Evolution
The large-scale disruption caused by the COVID-19 pandemic could have suspended that evolution for medical device manufacturers, as many confronted considerable weaknesses around supplier constraints and agility of production amid new regulatory expectations. Beyond just ensuring survival in the wake of the pandemic’s impact, many manufacturers are adjusting their priorities to thrive in a modern market. Those poised for long-term success are taking steps to better adapt to supply chain instability, innovative technologies, and a changing regulatory landscape.
As the industry pivots from crisis mode to evolution, the key component to this shift will be maximizing the value of ever-increasing data. Medical device manufacturing is a complex industry, so figuring out what areas to digitize can be difficult and different for every company. Here we explore different ways medical device and diagnostic manufacturers are embracing digital tools as the industry pivots from crisis mode to evolution.
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