Brace yourself for another year of opportunities and challenges in the medical device industry.
For 2014, we predicted that longer life expectancies, emerging markets, increased regulatory scrutiny and health care reform would drive industry change. As we move into 2015, we see many of those trends continuing to evolve, and some exciting new trends emerging. Disruptive technologies like 3-D printing and mobile health applications are prompting regulators to re-examine their roles, leading to new regulatory frameworks and clarified rules. Consumers are demanding more transparency and convenience but are also concerned about the security of their medical information and devices. Investors and stakeholders are paying closer attention to reimbursement policy, which could limit innovation and access to life-saving products. A wired, patient-centric device market is taking shape, and the industry must learn to adapt—quickly. This white paper highlights five trends device manufacturers would be wise to follow closely this year.
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