August - 20196August 05, 2019, volume 03 - Issue 16 Published by ValleyMedia, Inc. Managing EditorAlex D'souzaEditorial StaffVisualizerScott JuasyAlbert RozarioSalesRich Gonsalvesrich@medicaltechoutlook.com510.972.5010Contact usEmailPhone:510 230 0396 Fax:510-894-8405sales@medicaltechoutlook.comeditor@medicaltechoutlook.commarketing@medicaltechoutlook.comJoshua Parker Merlin WatsonJoe Philip Laura PintoTo subscribe to MedicalTech OutlookVisit www.medicaltechoutlook.com Copyright © 2019 ValleyMedia Inc. All rights reserved. Reproduction in whole or part of any text, photography or illustrations without written permission from the publisher is prohibited. The publisher assumes no responsibility for unsolicited manuscripts, photographs or illustrations. Views and opinions expressed in this publication are not necessarily those of the magazine and accordingly, no liability is assumed by the publisher thereof.*Some of the Insights are based on the interviews with respective CIOs and CXOs to our editorial staffAlex D'souzaManaging Editoreditor@Medicaltechoutlook.comHistorically a hardware-driven industry, medical devices manufacturing is in the midst of significant changes augmented by the introduction of powerful software capabilities. As major players such as Google, Amazon, and Apple make their way into the healthcare sector, the spirit of innovation on the software front continues to alter the medical device industry by leaps and bounds. The use of mobile technologies and IoT devices are on an upward spiral, along with a continually scaling demand for digital health. As healthcare providers are constantly under pressure to do more with less, lower costs and improve patient care, the utilization of cloud technology is increasing by the day. Although in the early adoption stage, cloud solutions are catalyzing collaboration across diverse product development networks that are the norm now for medical device manufacturing.As the industry grows in its nuanced complexities, the compliance standards continue to be more stringent than ever throughout every step of a product's life cycle, including service and delivery. Today, with a multitude of healthcare regulations coming to effect, such as the GSI standards or the ISO 13485, device manufacturers are essentially modernizing complex product development networks and in turn, eliminating ad-hoc manual production systems by extending regulation high up the value chain. Besides, now there is a greater emphasis on risk-based decision-making and risk management as well as the changes associated with the increased regulatory requirements for organizations in the supply chain.With the implementation of the Affordable Care Act (ACA), which has reduced reimbursements for large hospitals, designing and planning a more efficient supply chain has become imperative. Consequently, medical device manufacturers are readily deploying lean systems that lower production costs while augmenting software unification and process optimization. All in all, medical device manufacturers are in for a shakeup as the demands for automated, optimized, tracked, and regulated reach new heights. So far, it has been an interesting journey diving into the exploration of novel medical devices manufacturing solution providers for us. Abreast of the current trends in the medical devices manufacturing landscape, we are unveiling how technology can help enhance the medical device production processes for organizations. In this edition of MedTech Outlook, we present to you a list of companies that are transforming medical devices manufacturing with next-generation technologies. We hope this edition will provide you with the right assistance in choosing the ideal medical devices manufacturing solution provider for your requirements.Please share your thoughts with us.A New Realm in Medical Devices ManufacturingSarah FernandesEDITORIAL
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