A Q&A with MedCrypt’s Axel Wirth sheds light on urgent problems that the medtech industry is facing regarding device security, but assures us that the sky is not falling.
In order to meet the worldwide need for faster and affordable testing processes, companies must shift goals and apply resources to ending this pandemic.
Launched by AdvaMed, the platform was developed in collaboration with partners that include the Aerospace Industries Association and Google.
In the face of the coronavirus pandemic, the surge in demand for ventilators may push the market to surpass $5.2 billion.
The researchers speculate that they have about two weeks to “get it right” and scale up to meet the surge of patients expected to enter hospitals.
AdvaMed has reported that its member companies have provided $26.8 million in medical supplies, along with $4.1 million in cash donations.