Global Outlook on Medical Device Industry

Abstract

Medical devices assume a significant job in providing various healthcare services. The purpose of this article is tantamount to bring about the highlight key insights of the medical device industry and current innovative developments taking place, unique insights, and expectations for coming years from medical device industry professionals around the world. Global markets expect from the sturdiest growth, biggest regulatory challenges. The rising occurrence of acute diseases, regulatory requirements, and consistency in innovation is central point driving the medical device business sector development, later it is significant for the medical device industry to regularize and enhance the method to take into account the requirements of patients.

A Z-score-based early warning study of financial risk in the medical device industry

“…According to the financial information of 48 listed companies on the Science and Technology Innovation Board, the results are calculated and summarized as follows shown in Table 9: (1) The financial risk early warning threshold of the medical device industry served as the average Zvalue of 48 listed companies on the Science and Technology Innovation Board since there was no extreme value in 2017 and 2018. Though, the extreme value between 2019 to 2022 resulted in the median Z-value of 48 listed companies on the science and technology innovation board to pose as the financial risk early warning threshold of the medical device industry [8][9][10].…”