Medical Device Manufacturing – Challenges and Supply Chain Solutions in Emerging Markets

According to the World Medical Markets Fact Book, 2010, the five-year medical device CAGR in mature markets; is estimated to be 7.5% vs. an emerging markets CAGR of 15%. There are several challenges to entry into these markets. International medical device manufacturers need to develop a strategic plan that includes partnerships and collaboration within the supply chain in order to overcome these barriers. Companies like Ulbrich provide solutions to alleviate some of these concerns.