Innovating MedTech

Innovating MedTech

Published on 23/06/2021
Innovating MedTech

The UK medical device industry is more than booming, its being revolutionised from the inside. MedTech manufacturers are innovating more than ever to provide improved solutions for those who need them. Without their unique products, healthcare providers would be hamstrung and unable to provide life changing care.

Changing Lives

During the pandemic, the medical device sector was placed under serious pressure, many of which quickly adapted to produce ventilators and other critical equipment. Indeed, manufacturing nationwide was postponed or reduced to curb the spread of the virus through lack of contact. Many non-essential operations were delayed, negating the need for those applicable devices and equipment. Patients on the waitlist for replacement hips and knees could now be waiting well over a year.

The General Medical Council class operations like these as non-essential, while it’s true they aren’t put in place to save lives, they drastically improve the quality of life of the patient. For the millions on the waiting list to receive medical devices such as replacement joints, they are very much essential.

The huge importance that the devices have on people’s lives is motivation enough for the industry to constantly innovate. Medical device manufacturers strive to create better solutions to the problems they solve, every small step they make is a live changing antidote that someone is desperately requiring. This is part of the reason that this market is fast becoming one of the ones to watch, reports have the sector with a CAGR of 6.1% from 2021 and experts expect it to reach $603.5 billion by 2023.

Innovation Delivered

Advancements in technology are only as good as their distribution; what good is the next generation of medical devices if they don’t reach their end user. The 12 months that a patient waits for a new hip, for example, has to be worth their pain and struggles, they must see an end.

To make this a reality, medical device manufacturers must partner with a logistics firm that is capable of extending their range of supply. Global logistics is a difficult business and managing the complex intricacies of different customs and export regulations that restrict the MedTech industry makes completing the supply chain of these products harder than most logistics firms can manage.

Not only is the management of transportation of medical devices incredibly important, but the packaging must be elite tier to support this operation. One of these incredible innovative solution providers is Oaksure Associates, one of Aramex’s cold-chain logistics partners currently supporting us by providing specific cold-chain solution applications.

Barrie Sears, the firm's Commercial Director states: “Innovation is here, due to the incredible challenges we have been faced with in the last 12 months. We have seen the industry react quickly and effectively to the recent limitations. Utilising robust temperature-controlled solutions has been even more important to manage the distribution of the Covid-19 vaccine. This trend of innovation has only just begun, in the coming years, if not months, we are certain to see even more adoption to real-time tracking and cloud-based technology platforms. This combined with higher performing and more versatile and reusable solutions.”

Aramex is a dedicated, logistic firm that specialises in the MedTech supply chain. Our reach extends beyond the horizon into the far sprung corners of the world. We have the network, the infrastructure and the capabilities to meet the demand in some of the most up-and-coming regions on the planet.

Our Valued Sponsors & Partners