Whitepaper: Supply Chain vs technical innovation for medical devices

At first glance, when considering the production of medical devices, the key driver should be innovation, at least in theory. The rose-tinted viewpoint that focusing on what can be created or improved upon that will improve lifespan or quality of life for the patient, improve the success rate for the surgeon or ease the strain for the clinicians and technicians is the cornerstone of the success of medical device industry is not necessarily the case anymore.

Whilst this used to be the case, in the highly developed global medical industry many stakeholders are involved across the entire chain of patient care; Everything from medical device manufacturers to logistics solutions providers right through to healthcare and local authorities, regulatory bodies, insurance companies, care providers, hospital management teams, Primary Care Trusts… the list goes on, and we haven’t even mentioned doctors, nurses or patients themselves!

The framework in which patient care exists and that medical devices form a pillar of is infinitely more complex than it was 30 or 40 years ago, and so too medical device companies must also look beyond the obvious ‘keep innovating’ mantra to ensure long-term success, both in business and revenue terms and – most importantly – in terms of delivering the best care to the patient.

TheValueChain.net is delighted to be able to present this fascinating whitepaper from LogiMed that asks – and attempts to answer the question “Is Supply Chain more important than technical innovation for medical device manufacturers in 2011?”

Download the free whitepaper here

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