DECEMBER - 20206Managing EditorAlex D'SouzaVisualizervinaySalesAndrew D'Souzaandrew.dsouza@medicaltechoutlook.comEmailsales@medicaltechoutlook.comeditor@medicaltechoutlook.commarketing@medicaltechoutlook.comCopyright © 2020 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 staffDecember - 28 - 2020, volume 04 - Issue 32 (ISSN 2691-4093) Published by ValleyMedia, Inc. To subscribe to MedicalTech OutlookVisit www.medicaltechoutlook.com Alex D'SouzaManaging Editoreditor@medicaltechoutlook.comThe roots of orthopedic devices can be traced back to the time of World War I, when it was initiated as a department to heal injured and crippled soldiers. With extensive R&D activities, currently, orthopedic devices market is a multi-billion-dollar industry with steady growth in both developing and developed nations. The global market is driven by the growing government focus on reducing disease cost burden owing to growing prevalence of elderly population. Rising prevalence of osteoporosis and arthritis should drive tremendous growth in the future. Emerging economies are poised to witness higher growth than the developed ones, mainly because of increasing adoption of in developing nations and market maturity in the developed countries. As medical device companies pursue growth through development new products, they would do well to evaluate potential cost volatility of inputs as part of the product design process. Such plans could involve identifying alternate supply streams and developing approaches to balance security of supply against holding inventory.More importantly, medical device companies have to overcome many significant challenges when bringing a new product to market. Along with the exorbitant costs throughout the product design and development process and into manufacturing, device makers must also ensure compliance with the regulations specific to the market in which they plan to sell their medical device. This edition of the Med Tech Outlook magazine has zeroed-in some of the outstanding orthopedic technology solution providers that are making waves of innovation and setting new trends that pave the way for several significant changes in the medical industry. We attempt to bridge these orthopedic technology solution providers and decision-makers of leading medical firms. Let us know your thoughts!Reducing the Risks of Orthopedic Conditions via InnovationEditorial StaffJoshua Parker Merlin WatsonJoe Philip Laura PintoSarah FernandesEDITORIAL
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