After the political excitement of 2016, the world is viewing 2017 with interest and the medtech sector is no exception, says Lu Rahman.
The vibrant and innovative medical plastic device industry continues to develop materials, push the boundaries in design, and move forward with manufacturing processes that contribute to global health and well-being.
Looking at recent events – eg the US election and its subsequent winner – there has been much discussion for the future of medical devices, particularly the scrapping of the medical device tax.
Advanced Medical Technology Association (AdvaMed), argued that the tax – which was created as a funding measure for Obama’s Affordable Care Act – harms job creation, deters medical innovation and increases the cost of healthcare. As a result, the organisation has called for the tax to be scrapped.
