How Coronavirus is Affecting the Medical Device Supply Chain
The recent outbreak of novel coronavirus (or COVID-2019) has caused havoc around the world. While the World Health Organization (WHO) and other medical organizations are tracking the outbreak, those who are not affected by the virus itself can feel the impact on their day-to-day lives through the global economy.
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Since China produces so much for the world, the outbreak of the novel coronavirus has had a huge impact on many supply chains, including the medical device supply chain. Our team is breaking down how this impact is affecting the medical device industry in the United States.
Increased Demand
Respiratory medical devices have been in increased demand since the outbreak of the virus. This is primarily due to the nature of the novel coronavirus, since it can be transmitted through respiratory droplets.
This means that medical device manufacturers and suppliers must scramble to create more respiratory devices and to provide them to areas in need. Of course, this must be done without cutting back on previous operations, since the rates of other diseases and conditions are not decreasing with the rising of COVID-2019.
Decreased Supply
Unfortunately, COVID-2019 broke out in China, where a lot of the world produces products, including medical devices. Cities in China are currently stopping transportation both between and inside of cities, and some industries aren’t returning to work until early April.
That means that medical device companies that rely on production from China are left with a shortage of parts. It’s just another way that the virus is impacting those who many not be directly infected with it.
Alternative Solutions
When at all possible, medical device companies can shift to developing products in the United States, and healthcare institutions can start looking for domestic solutions for their needs. MediSurge is standing by to help produce much-needed medical devices for those in need during this outbreak.
Do you need a domestic supplier? Reach out to us. We’d love to help you to continue to provide quality medical devices and services.
