The Medical Device industry is booming, with new technologies emerging every other day. The year 2021, like 2020, has experienced continued disruption owing to subsequent waves of the COVID-19 pandemic. However, the MedTech industry and its regulations have been changing steadily and adapted to all the changes swiftly to ensure all requirements laid down by the Agencies are met within timelines. Also, the Agencies have been very cordial in addressing any challenges faced by the stakeholders. Here is a quick look back article on major medical device Regulatory changes across the globe.
It is apparent that COVID-19 has permanently changed the ways of business operations for many industries across the globe. In fact, it has subtly given a renewed purpose to industries to evolve and advance in terms of tech-enabled and automated workflows.