Philip Greenfield, Editor-In-Chief at Medtech Insight, introduces the report and offers analysis throughout.
"Over the last three decades, the US FDA has had a reputation for being much stricter than the EU for medtech regulation, and so the EU has been a more attractive and rapid product launch market. Now the tables have reversed.
The EU Medical Device Regulation (MDR), which comes fully into force in May, and the In Vitro Diagnostic Regulation (IVDR), which follows two years later, significantly raise the regulatory bar compared with the current EU directives."