AUTHOR | KEYNOTE SPEAKER | MENTALIST
MEDICAL DEVICES KEYNOTE SPEAKER
Medical devices keynote speaker, Duncan Stevens, is the speaker of choice for companies who either sell or produce medical devices and are looking to become more persuasive and more effective through how they act and what they say to give them the edge during times of change.
Duncan has worked with some of the world’s most foremost companies selling or producing medical devices and their leadership teams. He has also collaborated with brands such as Coca Cola, Nike, Ernst and Young, Deloitte, Procter and Gamble and Ford, to help them get the edge in their industry.
He is the founder and CEO of the Influence Association, author of the best-selling book Effective Influence, entrepreneur and mentalist. He is regarded as one of the worlds leading authorities on influence and effectiveness and has established himself as one of the leading professional speaker in the medical devices industry.
AN OVERVIEW OF THE MEDICAL DEVICES MARKET:
The medical devices industry is quickly growing in terms of revenue. The global medical devices market is now worth nearly $300 billion in 2021, but this number is expected to grow substantially over the next few years.
Developed countries are more likely to have significant expenditures on healthcare. These countries are usually able to spend more of their revenue on newer technologies, which means an increased demand for the latest products in the medical devices industry.
Some of the major players in this industry include Medtronic, St. Jude Medical, Boston Scientific Corporation and others. A huge percentage of these companies’ revenue is derived from cardiac rhythm management devices, breast implants and coronary stents, spinal fusion products as well as hearing aid products respectively.
Medtronic alone had a revenue of $20 billion from its devices and diagnostic equipment. The company provides a wide range of products, from neurological stimulators to cardiovascular stents.
No matter where you are in the world, there is likely to be at least one big player in the medical devices industry in your country. And with the global marketplace, some companies cater to multiple regions of the world.
The main types of medical device manufacturing include contract manufacturing, OEM manufacturing and private label manufacturing.
Contract manufacturing is when a company designs its own products but outsources manufacturing to another company, known as contract manufacturers. With contract manufacturing, the original designer of the product retains some degree of control over the process but does not have direct ownership or financial responsibility for making it.
OEM manufacturing is when a company (known as an OEM) designs its own products and then manufactures them under its own brand name. With OEM manufacturing, the original designer of the product has full responsibility for making it and pays to have it made for them.
Private label manufacturing is when a company (known as a private-label manufacturer) designs its own products but sells them under another company’s brand name. With private-label manufacturing, the original designer of the product has full responsibility for making it but, instead of selling them under their own brand name, sells them under the name of another company.
With such a valuable and growing industry, it is no wonder that medical device companies call on the services of professionals such as Duncan Stevens to help them move the needle on their performance. Duncan helps clients influence and persuade more effectively, navigate change with finesse and turn more nos and maybes into yesses through what they say and how they act. Duncan also helps leaders become more effective leaders and all his keynotes are tailored to your organization in your language adhering to your company values. To find out more drop Duncan an email or message through his contact page.