Sustainable Innovations in the Medical Devices Industry, 2025

Description

Biodegradable materials and the circular economy are driving transformational growth in the sustainable medical devices industry

Increasing concerns over sustainability in the healthcare industry, particularly in medical technology (medtech), have necessitated a shift towards greener and more circular practices. The shift towards a green economy entails the use of environmentally friendly materials, technologies, and manufacturing processes throughout the product lifecycle. Similarly, the shift towards a circular economy in medtech involves the reuse of medical devices and materials to minimize waste and extend the use of medical devices for as long as possible. This Frost & Sullivan research focuses on the developments and megatrends around sustainable innovations in medical devices.

Key Questions Addressed in this Report:

What are the current challenges of the healthcare industry?
What are the green and circular approaches to medtech?
What are the key growth drivers and restraints?
What are the key sustainable material innovations for medical devices?
What are the key funding activities?
What are the key partnership activities?
What does the regulatory landscape look like?
What are the megatrends for sustainable medical device development?
What does the patent landscape look like?
What are the key patents on sustainable medical device development?
What are the key growth opportunities for the market players?

Product Code: DB36

Strategic Imperatives

Why Is It Increasingly Difficult to Grow?
The Strategic Imperative 8
The Impact of the Top 3 Strategic Imperatives on Sustainable Innovations in the Medical Devices Industry
Growth Opportunities Fuel the Growth Pipeline Engine

Research Methodology

Growth Opportunity Analysis

Scope of Analysis
Current Challenges in the Healthcare Industry
Shift Towards a Green and Circular Approach in the Medtech Industry
What are Green and Circular Economies in the Medtech Industry?
Segmentation

Growth Generator

Growth Drivers
Growth Restraints

Key Innovations in Sustainable Materials for Medtech Solutions

Sustainable Material for Medical Devices
Key Innovations-Sustainable Materials in Medical Devices

Industry Analysis

Key Research Funding Activities
Key Partnership Activities
Regulatory Landscape around Sustainable Medical Device Development
Case Study 1: Rochling Medical Develops Sustainable Trocars for Laparoscopic Procedures
Case Study 2: Stryker's Biodegradable Implant for Sustainable Shoulder Repair

Megatrend Analysis

Mega Trend Universe-Overview
Advanced Materials-4D Materials and Programmable Matter
Ecotransparency-Radical Reporting
Rethinking Economic Fundamentals-Rise in Growth Skepticism
Increasingly Connected Consumption-Sharing Economy

Patent Landscape

Patent Publication, 2022-2024
Key Patents

Growth Opportunity Universe in Sustainable Innovations Transforming the Medical Devices Industry

Growth Opportunity 1: Bioabsorbable Materials for Medical Implants
Growth Opportunity 2: Medical Devices with Broader Applications
Growth Opportunity 3: Medical Device Repurposing for a Different Function

Appendix

Technology Readiness Levels TRL: Explanation

Next Steps

Benefits and Impacts of Growth Opportunities
Next Steps
Legal Disclaimer