After the great recession of 2007, it wasn’t until 2013 that the U.S. medical device business showed improving revenue trends. The momentum created by Obamacare (20 million more patients, yes!) drove growth in hospital admissions and other systems of healthcare utilization that didn’t exist before 2010.
It is all about medtech strategy. Innumerable billion-dollar investments from U.S. government financing of the Precision Medicine program, notable product launches, and significant clinical data is the much-to-admire status of the diagnostics industry.
It is the dream of every medical device company. Re-invent a commodity product by neatly addressing all the customer’s unmet needs that have evolved over the years.
We all know there are challenges for women in the medical device industry. After medical device innovation, creating advancement opportunities for women in medtech is near and dear to my heart, and this is a meeting where we can all learn more about this important topic (as well as from each other…).