Valued at close to $150 billion a year; the medical devices industry in the
US is the
world’s largest, occupying over two thirds of the world’s market for devices.
Moreover, the US exports nearly $45 billion worth of medical devices. The
medical devices industry is going through a churn at this point of time, given
the impact of factors such as accountable care and value based reimbursements,
which are making it imperative for this industry to reinvent itself.
The industry is up against many challenges,
the most important of which are to reduce costs associated with the various
stages of production, bringing down the costs of regulatory risk and compliance, and
ensuring the strength of the supply chain.
Of late, the trend in the medical device
industry is that there is a realization that the unit price of device is not
the contributing factor for pushing sales; rather, these devices have to be
combined with a host of other related technologies and solutions in order to
become attractive to the buyer. These supplementary aids consist of analytical
data, device data and other tools.
Despite, or because of situations such as
this, current trends for the medical device industry suggest that it will have
a CAGR of around six percent a year from 2014 to 2017.
The over 7000 medical device companies in the
US consist mostly of small and medium enterprises, in which nearly two and a
half million people are employed directly or indirectly. In a highly fragmented
industry such as this, the need for trainings to stay ahead cannot be
overemphasized. Only medical device companies that have their neck over the
water can think of staying afloat.
NetZealous LLC has the right solutions for
the medical device industry. In an industry shoes speed of change is matched by very few
others such as IT; staying updated in all areas of learning is an absolute must
for professionals in this industry. NetZealous LLC offers highly relevant and
important trainings for the medical devices industry, which helps professionals
in it tune themselves to the changing regulations and expanding professional
needs.
NetZealous LLC offers high class trainings from illustrious experts in
the field of medical devices in the following areas and more:
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Risk Management
o
Corporate Governance
o
Quality Management