Greenlight Guru – State of the MedTech Industry Report, 2024

The State of the MedTech Industry Report, 2024 by Greenlight Guru highlights the increasing number of products coming to market in the medical device industry. The top priority for companies is gaining market approval for new products. Despite the challenges of keeping pace with regulations, companies are optimistic about revenue growth in 2024, with 86% expecting growth. However, only 13% prioritize digital transformation, even though improving data integration and sharing is a top focus area for increasing productivity and efficiency. Overall, MedTech professionals are feeling the pressure to stay compliant with regulations while also trying to innovate and grow their businesses.