EU regulations on Sustainability with respect to documentation of medical devices through entire life cycle process can be challenging for MedTech companies especially those in consumables space.
• Track and trace mechanisms may not be viable for consumables, given the significant volumes of product sales.
• Consumables may witness rising costs if MedTech companies fully comply with sustainability regulations, which may not be palatable for government-run healthcare programs such as those in Europe where about 60%-80% of the healthcare spend is done by the government.
• There is possibility of relaxation in regulations for certain class of products and guidelines maybe issued for safe disposable medical waste.
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