Innovation
Investing in High-Risk Components Early Can Help Stave Off Medical Device Shortages
written by
Susan Shepard
In the article "Investing in High-Risk Components Early Can Help Stave Off Medical Device Shortages," published on February 11, 2025, by MD+DI Online, Marcel Botha, CEO of 10xBeta, discusses strategies to mitigate supply chain disruptions in the medical device industry. He emphasizes that global events such as natural disasters and political unrest can lead to shortages by interrupting supply chains. Botha advocates for early investment in key components to reduce these risks and highlights the importance of proactive measures in ensuring the availability of medical devices. He also notes that the European Union mandates six-month shortage notifications, while the FDA seeks similar regulations in the United States.
Medical Device and Diagnostic industry
For a comprehensive understanding, you can read the full article here: MEDICAL DEVICE AND DIAGNOSTIC INDUSTRY
About
Medical Device and Diagnostic Industry (MD+DI)
Medical Device and Diagnostic Industry (MD+DI) is the primary resource for manufacturers of medical devices and in vitro diagnostic products. Its mission is to help medtech industry professionals develop, design, and manufacture products that comply with complex and demanding regulations and evolving market requirements. For more than 40 years, MD+DI's editorial quality and reliability have won it an unparalleled degree of trust from the industry. Some of the best and brightest experts in medtech contribute to MD+DI, and many of their articles have become standards of reference for the medical device industry.
ABOUT THE Author
Susan Shepard
freelance contributor to Design News
