20 Spanning challenge and innovation – The future of osteosynthesis and manufacturers of surgical instruments Economic and regulatory hurdles hinder innovation, but the introduction of novel technologies promotes incredible progress in surgery and improves patient well-being. Introduction The medical technology industry is currently experiencing a dynamic era blessed with innovations and technological breakthroughs. In the field of surgical instruments and osteosynthesis in particular, exciting developments harbor the potential to significantly improve patient care and facilitate the work of surgeons. At the same time, the medical technology industry is also facing profound challenges in numerous areas, particularly with regard to costs and regulatory aspects. Manufacturers of surgical instruments and osteosynthesis products need to adapt to a constantly growing and changing environment. This overview highlights the current challenges and future prospects for this industry and provides insights into potential strategies for successfully addressing these challenges. 1. Economic challenges 1.1. Rising production costs The manufacture of surgical instruments and osteosynthesis products is characterized by high quality standards and precise manufacturing processes. In recent years, production costs have increased steadily due to several factors: • Raw material prices: Rising raw material prices for high-quality metals that are durable and biocompatible. ENGLISH Author: Dr. Wolfgang Sening, CEO senetics healthcare group GmbH & Co. KG Hardtstraße 16, 91522 Ansbach, Germany Tel.: +49 981 9724 795-0 E-Mail: info@senetics.de Web: www.senetics.de
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