Medical manufacturing & the biomedevice world is feeling the lingering effects of the past year – both positive and negative. Diagnostics and medtech companies gathered virtually earlier this year to discuss 2021 prospects. Executives may have painted a mixed picture but ultimately expect the second half of 2021 to be a smoother transition to pandemic recovery.
Many companies are not providing 2021 medical manufacturing guidelines due to the uncertainty of COVID-19, however, Craig-Hallum analyst Alex Nowak notes that most companies his firm covers are speaking optimistically about the road ahead.
Here are four trends to look out for in this industry.