The rising demand for cost-effective and more efficacious healthcare has led to an influx in transformational technology in the healthcare industry today. This has, in turn, kindled the medical device manufacturers to produce devices that entail lower installation and maintenance cost, rightly complimenting the need of the hour.
Bearing this in mind, hospitals and healthcare institutes are opting for cloud-based solutions, which are cheaper than the on-prem solutions. It is also benefitting the global healthcare network with its attributes of better patient data integration, easier networking, and enhanced collaboration among the doctors, and other healthcare staffs. However, this is not where the core competencies of modern medical devices end.
Smart wearables are also bringing a paradigm shift to the healthcare domain in a way where the physicians have direct access to the patient’s vitals through the integrated cloud-based database. Having said that, the use of these wearables also indicates the rise in outcome-based healthcare. Medical experts are relying highly on IoT-enabled medical devices to acquire and define the patient health, and implement custom-tailored treatment strategies, accordingly.
Some medical devices are being manufactured along with competencies of automated troubleshooting and data breach management in order to lower down the risk of defects and bugs lurking in the data transmission processes. At the same time, the medical devices industry is also witnessing the implementation of stricter and more standardized regulations in terms of device manufacturing protocols. In the European Union (EU), for instance, FDA has put into practice ISO 13485:2016 with the aim to ‘harmonize’ the global regulatory requirement and enhance quality management of the upcoming medical devices.
With the arsenal of similar ground-breaking technologies gracing the healthcare domain, MedTech Outlook brings to some of the leading medical device manufacturing solutions providers to paint a better landscape of the propagating trends and practices in the industry. In our cover story, we are featuring PPC Moulding Services, an advance precision-based moulding company that is setting new benchmarks of quality, productivity, and safety. Another featured company is Covalon Technologies, which boasts its efficiency in chronic wound care and hospital-acquired infections. The firm accelerates the wound healing process and achieves better patient outcomes. We hope this issue will help you in establishing meaningful partnerships to help your healthcare organization cultivate the best technology-driven practices.
We present to you MedTech Outlook’s “Top 10 Medical Device Manufacturing Solution Providers in APAC —2019.”