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Second, these clients often seek comprehensive treatment plans rather than one-time procedures

This three day exhibition brings the global pharma community to together annually at a location in Europe

Analyst recommendations: From a procurement perspective, organizations should take the following actions: Build Resilient Supply Chains Diversify supplier base across geographies Develop contingency plans for critical components Strengthen Supplier Collaboration Engage in long-term partnerships Share demand forecasts to ensure capacity planning Focus on Cost Optimization Implement value engineering initiatives Explore alternative materials and designs Invest in Localization Develop local supplier ecosystems in India and other emerging markets Reduce dependency on imports Monitor Regulatory and Trade Developments Track changes in tariffs and trade policies Ensure compliance with evolving regulations Leverage Digital Tools Use analytics for demand forecasting and risk management Enhance supply chain visibility Align with Business Strategy Support both innovation and cost leadership strategies Enable differentiation through device capabilities where needed Conclusion GLP-1 patent expiry will fundamentally reshape the MedTech and pharmaceutical industries

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