Inflation Hits Medical Device Makers: Top Insights and Global Outlook

As the demand for critical medical devices such as surgical equipment, blood-sugar monitoring devices, and more rise, leading medical equipment manufacturers are struggling with global disruptions and high inflation rates, to keep up with demand. Essential parts needed to make medical devices such as semiconductors, specialized plastics, metals, and resins are in short supply, inducing the rise of medical device recalls. Also adding pressure to the supply chain, the healthcare, biopharma, and life sciences industry are heavily impacted by the helium 4.0 shortage.