What does the U.S.-China trade war mean for medical device companies?

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The ongoing trade war between the United States and China affects everything from tooling and mold-building to commodity medical devices when medtech is concerned, according to Mark Bonifacio of Bonifacio Consulting Services.

Bonifacio, though, thinks China is too big for medical device companies to ignore: Even if the labor costs savings aren’t as attractive, there is simply too much potential for the country’s domestic medical device market to grow as an expanding middle class seeks better healthcare.

Got to our sister site Medical Design & Outsourcing and listen to Bonifacio in our latest podcast as he describes the pros and cons of doing business in China. 

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