White Paper

Vital Signs Of The Medical Device Industry

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Let's just say what we're all thinking: 2020 was rough. It threw pretty much every element of our lives into disarray, and we suddenly had to become experts at navigating a new way of working, schooling and socializing. It was disruptive, and it was challenging, but it was also transformative. While the past 12 months might have felt like 12 years, it's time to look forward to what the future holds. If 2020 was the year of disruption, 2021 will be the year of mastering change.

The medical device industry is no stranger to change, but in the face of a global pandemic's impact on business, many medical device manufacturers faced immense obstacles. The pressure to keep up with emerging technologies transformed a demand to shift entire production lines to meet medical device demand for critical equipment. The medical device industry emerged from 2020 a little beat up and bruised, but those that were able to adapt successfully will act as models for 2021 and beyond.

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