Changing medical device market: challenges and opportunities through MDR adaptations!
Alongside the pharmaceutical industry, the German medical technology sector, with an annual turnover of 40.4 billion euros and an export rate of 68%, is another mainstay of the German economy and represents an important part of national healthcare. However, since Regulation (EU) 2017/745, known as the Medical Device Regulation (MDR), came into force, the industry has faced considerable financial and capacity-related challenges.