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MedTech Outlook | Thursday, September 08, 2022
Covid-19 put healthcare systems under extreme pressure and exposed vulnerabilities in their supply chains. In turn, healthcare companies have sought providers adept in logistics and infrastructure to reliably and cost-effectively supply essential tools and equipment.
FREMONT, CA: The COVID-19 outbreak has brought attention to potential in the medical technology business, notably with regard to supply chain vulnerabilities. New investment themes with sponsors' emphasis on services rather than products started to appear in 2021. This change reveals the goals that end users, and original equipment manufacturers (OEMs) are beginning to prioritise.
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Several businesses that operate in remote monitoring, white-label equipment, and the treatment of chronic diseases were among those that investors focused on more closely. However, due to corporate acquirer rivalry and longer innovation cycles, few genuinely attractive assets exist.
The pandemic has put healthcare systems under much stress and revealed supply chain flaws. Healthcare organisations have examined suppliers with expertise in logistics and infrastructure to consistently and affordably supply necessary instruments and equipment. Customers benefit from an additional layer of supply chain resilience thanks to its end-to-end value chain management, from manufacturing to fulfilment.
Healthcare organisations are paying close attention to supply chains and attempting to cut expenses for equipment upkeep, repair, and refurbishment, encouraging provider agreements. As hospitals continue to be under pressure to save costs, organisations anticipate this will be a recurring investment topic.
Medtech firms play a significant role in promoting a move to home-based care as clinicians and payers continue to innovate in the way that care is delivered. Due to this, there are now chances to invest in remote monitoring. The need for direct-to-consumer medical devices that remotely monitor patients and keep them in outpatient settings has increased due to alternative-site and remote care, with the ultimate goal of reducing hospital admissions and total healthcare expenses.
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