Industrial robots, like Shibaura Machine’s TVM range, will be essential for manufacturing tomorrow’s medical devices to the highest quality. [Image courtesy of TM Robotics]
Could robotics-led injection molding support manufacturing of the estimated 2 million different kinds of medical devices on the market?Nigel Smith, TM Robotics
The COVID-19 pandemic led to a surge in demand for medical devices across hospitals and medical laboratories, and business analyst Mercer Capital predicts this growth will continue. Its Five Trends to Watch in the Medical Device Industry report cites several driving factors including an increasingly large aging population, emerging economies and governments’ efforts to curb rising medical costs.
Due to the nature of the sector, companies that develop first-to-market devices can benefit from patents, intellectual property protection and competitive advantages. However, thes…