Healthcare - Episode 7: Competitive Landscape In MedTech
Alexander Group's Revenue Growth Model Podcast - A podcast by Alexander Group
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Mike White and Doug Beveridge of the Alexander Group’s Healthcare practice discuss how the competitive landscape in the medtech industry is changing. The pandemic, supply chain shortages, inflation and nursing staff shortages are some of the factors causing this shift. According to a recent provider briefing, 43% of healthcare providers are using alternative vendors due to medical device shortages and 31% plan to continue doing so in the long term. How can medical device companies navigate this challenge as they plan for the future?