Now more than ever, businesses are under a microscope for their environmental, social and governance (ESG) efforts. Consumers and stakeholders expect the companies they support to not only have an ESG strategy but also to be accountable for the plans they have articulated. During uncertain economic times, it can be difficult to prioritize ESG initiatives when there is the urge to tighten budgets. But today, ESG efforts are more than just a “nice-to-have.” ESG can […]
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The medical devices industry continues to be a hotbed of innovation, with activity driven by increased need for homecare, preventative treatments, early diagnosis, reducing patient recovery times and improving outcomes, as well as a growing importance in technologies, such as machine learning, augmented reality, 5G and digitization. In the last three years alone, there have been over 450,000 patents filed and granted in the medical devices industry, according to GlobalData’s report on Environment Sustainability in […]
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Like many other industries, the medical device industry has been undergoing changes recently in order to become more sustainable. Unfortunately, strict regulations mean that changes in this industry are quite slow when compared to others, but positive change is underway. There are various steps that can be taken to minimize the amount of waste produced through medical devices, as well as reduce the environmental damages that this waste causes and the one of the best […]
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