Despite steady growth, medical manufacturers face threats from a variety of external factors, including increasingly competitive markets and pressure to keep up with rapidly evolving technological innovation. Additionally, governments worldwide are intensifying efforts to curb soaring healthcare costs, particularly in hospitals, and therefore are pressuring medical manufacturers to lower prices.
Technological advancements are playing a large part in new medical manufacturing compared to other manufacturing verticals. This, paired with the rapid growth in both demand and range of products, has created unique challenges for field service organizations in the space.
In partnership with Service Council, TrueContext has identified trends, insights, and concerns on the horizon and shines the light on potential opportunities for the sector.
- What are the most immediate concerns for medical equipment companies and service contractors?
- How can key industry players overcome friction and low engagement in their frontline teams?
- How can organizations leverage digitization to mitigate issues in talent shortage, compliance, and service delivery demands?
