The 5 trends that have changed medical device production

Only ten years ago, a few market trends began to change the medical equipment business. Let’s have a look at what they are and how they behave on today’s market!

Written Tuesday, by Emanuele Mortarotti

Welcome back to the Dispotech, your disposable excellence blog.

Today, as our title reveals in advance, we will be discussing all those elements that, for ten years now, have been changing the way of producing and distributing medical devices on the market. Medical equipment is an enormous business, estimated to be worth billions of dollars globally. Thanks to the medicaldesignandoutsourcing.com report, together we will explore the variables that have made possible the development of this fascinating and fundamental market segment and which, obviously, still weigh heavily in today's world.

 

  1. Mergers between leading companies in the field

The merger of several companies in anticipation of greater success on the market has been one of the most noted trends in the medical technology sector in recent years. Merging several companies has, in fact, allowed for the integration of the many ideas, the technologies used and the most innovative patents to create something unique and truly impactful for the community. These unions have created billions of dollars in sales revenue and left an indelible mark on the medical device market.

 

  1. A few new entries…

Alongside the large corporations created from superb mergers, we also have the outsiders: those small businesses which, in the last decade, have been able to make room for themselves by creating their own clientele - often producing niche products.

 

  1. Distributors

The distributors of medical technology have changed: from simple hospitals and health care providers, they have turned into a veritable operational machine that offers solutions for medical problems. Big profits have led to large investments in research: this explains the reason for their expansion.

 

  1. Non-invasive equipment

According to some research and studies in the sector, it seems that the global market regarding minimally invasive technology in the medical field will be worth about 50 billion dollars by the end of 2020. With the preference of medical equipment increasingly more oriented towards catheters, laparoscopic procedures and the miniaturization of technology in general, the value of this market segment will continue to grow for quite a while.

 

  1. Development and advantages of private equity

Private equity is the financial activity through which an entity (usually an investor) acknowledges shares in a target company by either acquiring existing shares from third parties, or by underwriting newly issued shares bringing new capital into the target.

In the last six or seven years, private equity has had an enormous impact on the production of medical devices: it has produced capital liquidity, corporate acquisitions as well as a very strong tendency to create highly specialised professionals.

 

Now that we have explored the 5 trends that have characterized and changed the world of the medical device market, we wonder what will change and what will be created in the years to come.

Surely there will be evolutions on the themes we have developed here, but in what direction? What do you think about it? Please let us know by contacting Dispotech, your disposable excellence.

Emanuele Mortarotti
Author Emanuele Mortarotti

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