Hospital & Healthcare Management June 3, 2024
Due to aspects such as armed conflicts, climate change, geopolitical conflicts, and transitioning demographics, global supply chains have gone on to face quite prominent disruptions. These issues have been especially acute when it comes to the medical device sector, where the maintenance of resilient supply chains happens to be very important.
The COVID-19 pandemic, went on to starkly highlight the susceptibilities of the sector, thereby leading to shortages when it comes to essential medical devices like PPE, diagnostic equipment, and ventilators.
The shortages highlighted the requirement for stronger supply chains that were adaptable. Due to these disruptions, the medical devices sector companies happen to be relocating strategically their supply chains so as to mitigate risks and, when it comes to...
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