2020 Medtech Forecast The Impact Of Covid 19 On Hospital Procurement And Supply In The Apac Region

2020 Medtech Forecast The Impact Of Covid 19 On Hospital Procurement And Supply In The Apac The covid 19 pandemic has significantly affected healthcare markets globally. to assess this impact in the apac region, drg conducted interviews with stakeho. The webinar impact of covid 19 on hospital procurement and supply in the apac region includes a 30 minute presentation of the methodology and results of drg's medtech market forecasts, highlighting covid 19's impact on apac markets along with an overview of results from interviews with stakeholders from prominent apac facilities, providing insights into the impact of covid 19 on inventory.

Covid 19 Impact And Recovery Analysis Disposable Hospital Supplies Market 2020 2024 Growing A full fledged localized medtech supply chain was already one of the government’s priorities. covid 19 has likely heightened the concerns around dependency on global supply chains for medical products. for example, the absence of local manufacturers of ecmo was seen as a supply risk by many observers. The covid 19 pandemic and geopolitical tensions caused significant disruption in global supply chains that affected the medtech industry and exposed key vulnerabilities. medtech companies are now bolstering their supply chain resilience by onshoring or near shoring their central (node 1) warehouses to key apac markets. The medtech industry is also being affected by the dramatic drop in elective medical procedures, many of which are being postponed or cancelled so that hospitals can focus resources on treating covid 19 patients. in fact, mckinsey’s models project a 60–80 percent decline in elective procedures in the second quarter of 2020 for europe and. • procurement standardization continues to remain a priority, a trend reflected in the 2019 report. this is only set to increase in a bid to manage costs and efficiencies going forward. • hospitals in the apac region want to work with medtech companies as strategic partners.