The unprecedented challenges from the current resurgence of COVID-19 cases worldwide continues to concern the MedTech industry as it strives to develop ways to deal with a post-pandemic world. Despite the struggling global economy, demand for innovative medical devices and advanced technologies will continue to drive long term growth.
The following is just a small sampling of the updates from around the world compiled, reviewed and posted in real time last week by our SmartTRAK analysts. We constantly monitor the worldwide MedTech industry, sifting through the noise to present to our subscribers the most relevant international news, trends, financial data and competitor developments in the global Life Sciences industry.
June in Russia
In the pharmacies in Russia, commercial drug June sales increased by 0.1% in value vs May 2020. Compared to June 2019, sales increased by 2.1%. The increase in the first 6 mos in 2020 was 13.9% vs the same period in 2019.
Teleconsultation in France
During the lockdown in April, 27% of all consultations were teleconsultations in France. Of doctors carrying out teleconsultations, 50% were under 50 yrs old, though that age group represents only 37% of all GPs.
MedTech World in Germany
MedTech companies in Germany expect sales to decline an avg of 8% in 2020 due to the pandemic, including 12% in int’l business according to a survey. Almost 60% of companies expect a double-digit drop.
SNN mentioned that in Europe, they are seeing significant variation between countries. Strong rebounds in Germany, Switzerland, Austria, France and Spain by the end of Q220, but volumes are lagging in the UK and Eastern Europe. SNN Q220 Earnings Transcript on Seeking Alpha
EWMA Wound Curriculum
EWMA published a new wound curriculum for nurses in level 7 of the European Qualifications Framework (EQF). The curriculum comprises 21 different learning goals.
Marjolin's Ulceration
An overview was published on Marjolin’s ulceration that is seen in chronic wounds. This article presents, besides clinical background, treatment-related options and plans discussing atraumatic and antimicrobial dressings. Wounds UK
Healthcare in France
According to l’Assurance Maladie in France activities in healthcare increased after the lockdown, however, in June did not reach the pre-confinement level. From January to June, healthcare reimbursements increased by +0.4%.
Hartmann decided to establish one of their four digital centers in Barcelona, Spain. The main focus of the hub will include the development of digital solutions for hospitals as well as for pharmacies.
CSR in the UK
According to NHS Confederation in the UK, healthcare productivity potentially could be 60% down from normal for the coming mos, placing even more importance on the Comprehensive Spending Review (CSR) of the government. CSR will reflect expectations now and in the future on NHS.
Wego was ranked 14th largest private enterprises in the Shandong region in 2020, climbing six places vs 2019.
Digitalization in Germany
IG Med eV, the medical interest group in Germany, expressed their concern around health care digitalization and the risk it places onto the health care system in case of failure.
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