The red tape of regulation | |
Many companies understand and are committed to ensuring they are compliant with the regulation that is currently in place, they do this while also offering and keeping up to date by servicing and supporting the latest in Medical technology. Over the last few years, the regulators in many countries are proposing more stringent controls and processes especially in emerging markets like South Africa and Botswana. These new requirements are causing a worrying by-product, which is that the Multi National corporations are being protected. These organizations have ample finance, support staff and infrastructure and are supported by a head office that has all the ISO, product registrations and certificates to constantly stay up to date with the changing regulations. Seldomly will a MNC go out and source a start-up product or even a product outside of their own offering. Where does this leave the entrepreneurs and small-medium sized businesses? These businesses are key to finding new products that will benefit the patients in their geographical areas by bringing new technology to their market. Smaller businesses are also growth driven and offer a more niche offering, servicing hospitals, clinics and laboratories in outer lying regions that the larger competitor may not consider supporting. For more details please visit our website - https://www.medhealthinsight.com/the-red-tape-of-regulation/ ![]() | |
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Target State: New York Target City : New York City Last Update : Aug 29, 2025 3:08 AM Number of Views: 35 | Item Owner : medhealthinsight Contact Email: (None) Contact Phone: (None) |
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