If the dynamic nature of the medical device industry drew you to it, you’re going to enjoy 2017. While many of 2016’s challenges – cybersecurity risk and merger mania – will continue this year, transformations are on the horizon.
In 2017 the medical device market must adapt to constant changes in the medical landscape to continue its consistent growth. The demand for more advanced, more personalized treatment; increased availability of healthcare; and an aging population are pushing the market and expanding technologies. These advancements require accelerated design and production to get products to market quickly, efficiently, and cost-effectively.
Medtech giant BD (Becton, Dickinson and Company) will be investing over $60 million to transform the manufacturing facility in Columbus, NE, into a plastic injection molding manufacturing center of excellence by 2021.