How Medical OEMs Can Overcome Impending Tariffs

By Logan Wamsley

As analysts continue to follow the trade tensions between the U.S. and China, particular emphasis has been placed on how the new tariffs will affect the medical device industry. The Effect of Tariffs In May 2019, the current U.S. administration announced new tariffs as high as 25 percent, which is a significant increase considering the…

Why Does Obsolescence Impact Healthcare Manufacturers More than Most?

By Logan Wamsley

The healthcare industry is somewhat unique in the fact technology, for all of the responsibility it bears for moving society forward, is still not the primary force behind a patient’s decision to seek care. Does access to the latest specialized CT scanning technology sway a patient to seek an accurate cancer diagnosis at one medical…

Medical Devices vs. Consumer Electronics: Why Are Their Life Cycles so Different?

By Logan Wamsley

Trends in today’s manufacturing industry have long indicated that product life cycles are lengthening against the electronic components required to assemble them, but nowhere is this conflict more pronounced than in the healthcare industry. The average life cycle for consumer electronics, such as smartphones or tablets, is conservatively about 18 months. While supporting a consumer…