The size of the medical devices market in Asia-Pacific region from year 2016 - 2020 is being measured in 68 Billion US Dollars. Medical device company supply chains are in transition because of the expected growth. Therefore, there is a need to retool and gain greater competency in supply chain management to better manage costs, weather the storm of impending legislation, and manage the complications of increasingly complex global supply chains. The demand for medical devices is growing, there are new developments evolving and country specific regulations in the region, with this the capabilities of supply chain are pushed to the limit and SCM practitioners are expected to be cost-efficient and ensure high quality care. Medical Device supply chain functions are required to be more resilient and flexible to accommodate the growing market, government regulations and demands from internal and external stakeholders.
The Medical Device Supply Chain and Distribution Summit will offer an excellent platform to discuss the transformative process of supply chain, implementing robust SCM practices, integrate innovative systems, curb rising costs and ultimately improve outcomes as well as develop cross - country distribution network.