I’m pleased to announce A. S. Freeman Advisors’ annual Global Trends in Medtech 2024 is available here for download and distribution.
Key points in this year’s presentation include:
- The medtech industry will exceed $600 billion this year.
- The rise in elderly populations around the world will strain the financial resources of governments and insurance organizations
- Medical staffs will increasingly be driven to capacity as patient loads and dated workflow procedures strain care centers
- Medtech companies have discovered digitization as the most effective approach to improving physical and fiscal outcomes for all constituencies in healthcare
- Major OEMs are studying how to improve workflow in care settings and building that logic into devices
- Supply chains are shifting to better match OEMs preferred three tier structure, similar to the aerospace supply chain
- Opportunities still exist for smaller contract manufacturers to differentiate themselves from larger CMs who are starting to fill the prime contractor role on the most desirable programs
As always, I am happy to present Global Trends to you or your firm. Please reach me at tfreeman@asfreeman.com with questions, comments, or requests.
Best regards,
Tony Freeman
