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Study: How Cost And Timeline Uncertainty Plague Medtech In The EU

 
• By Amanda Maxwell

EU study underscores need for reform in predictability, transparency, and cost-efficiency to enhance Europe’s competitiveness and strengthen its global role in health care.

Balancing time and money
Time and costs are both major considerations for medtech manufacturers weighing up the EU market • Source: Shutterstock

The number of medtech manufacturers choosing the EU as their first launch market has dropped by 40% for large and 12% for SME IVD manufacturers, and by 33% for large and 19% for SME medical device manufacturers.

These alarming figures feature in a report illustrating findings from MedTech Europe’s 2024 IVDR and MDR survey.

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