MedTech Europe has urged the EU to implement urgent reforms to enhance the health sector and maintain global competitiveness, emphasizing the need for streamlined regulations to support timely innovation. The organization advocates for value-based procurement practices that align with environmental goals and improve patient outcomes, highlighting the importance of accurate data in demonstrating the effectiveness of medical technologies. As the sector prepares for upcoming EU procurement regulation reviews, proactive engagement with policymakers is essential to drive momentum for these initiatives.
The UK Government has unveiled a roadmap aimed at transitioning the MedTech sector from a linear to a circular economy by 2045, focusing on reusing, remanufacturing, and recycling medical products. Supported by devolved governments, the strategy outlines 30 actions to enhance growth, improve NHS resilience, reduce waste, and generate cost savings. Baroness Merron emphasizes the urgent need to address the high volume of single-use products, advocating for a fundamental shift in procurement and recycling practices within the NHS.
The UK has launched a new Regulatory Innovation Office (RIO) aimed at accelerating public access to emerging technologies, including AI and bioengineering, by streamlining outdated regulations. Science Secretary Peter Kyle emphasized the initiative's potential to enhance healthcare and stimulate economic growth, while also addressing regulatory barriers across sectors like space and autonomous technology. The success of this initiative will depend on effective coordination among various government efforts to harness technological advancements for the benefit of the economy and public health.
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