Impact of US Tariffs on the Medical Industry
Summary
US President Donald Trump’s administration has implemented widespread tariffs across various industries and countries. In response, many countries implemented reciprocal tariffs on the US. The tariffs could impact certain parts of the medical devices industry, especially those that are imported into the US.
Scope
- US tariffs can raise costs, disrupt supply chains, and reduce competitiveness in the medical devices industry.
- While larger firms might adapt with diversified sourcing or reshoring, smaller players could struggle.
- The severity of the impact will largely depend on the device type and the major players in each therapy area.
- Understand how tariffs could impact the medical industry.
- Understand how medical companies are responding to tariffs.
- Understand what therapy areas would be impacted the most by tariffs.
- 1. Executive Summary
- 2. Therapy Area Trends and Impact
- Aesthetic Devices
- Anesthesia and Respiratory Devices
- Cardiovascular Devices
- Dental Devices
- Diabetes Care Devices
- Diagnostic Imaging
- Digital Health
- Drug Delivery Devices
- Endoscopy Devices
- Ear, Nose, and Throat Devices
- General Surgery Devices
- Hospital Supplies
- In Vitro Diagnostics
- Nephrology And Urology Devices
- Neurology Devices
- Ophthalmic Devices
- Orthopedic Devices
- Patient Monitoring
- Reproductive Health Devices
- Wound Care Management
- 3. Sector Scorecards
- 4. Our Thematic Research Methodology
- 5. Contact Us
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