Nearshoring, why is it a revolution for the health sector?

by time news

2023-05-04 19:00:37

  • In the health sector, nearshoring represents the opportunity to improve production chains and guarantee the supply of supplies at a lower cost, even in hospitals located in remote regions.
  • It can also inject dynamism and foster competition in the sector, benefiting medical staff and patients.
  • The country exports 96.7% of all medical device merchandise to the United States, which is equivalent to more than 9.6 billion dollars.

The world changes every day and the ideal is to adapt to the changes to avoid being left behind. The field of Medicine is no exception because both inside and outside the office there are concepts that must be known. One of recent creation is the nearshoring, but do you know what it means and the benefits you can receive?

The challenging global economic scenario and the break in production chains have motivated companies to transform through the nearshoring. It is a relocation strategy that allows a company to enter a new market with benefits such as cost reduction. The objective is to guarantee the availability of supplies, as well as facilitate their transfer to various regions.

Figures from the Inter-American Development Bank (IDB) estimate that Mexico could be one of the countries that will benefit most from the relocation of companies, with more than 78 billion dollars in new exports of goods and services, mainly in sectors such as automotive, textiles, pharmaceuticals and renewable energy.

“In the case of the health sector, nearshoring represents the opportunity to encourage competition in medical supplies to meet the needs of the institutions. Counting on the dynamism of new companies could open up a market opportunity that has long been limited in the country and the benefits of this extend both to medical personnel, who can count on the best tools to carry out their work, and to patients who they will receive better quality care”, says Tamara Chayo, CEO and Founder of MEDU Protection.

He explains that in the case of the medical industry, which is made up of products that range
from gloves, face masks and clothing to diagnostic devices, the nearshoring
favors that the more than 4,900 hospitals distributed throughout the country have
materials in a timely manner at the lowest possible cost.

Better hospitals, lower costs

“The pandemic made clear the importance of hospitals having supplies to attend to contingencies. This includes protective equipment for doctors and nurses who are on the front lines of care. Nearshoring can make these production chains more solid and products are produced and distributed smoothly throughout the region, that is, it guarantees the supply of materials.”

The CEO and Founder of MEDU specifies that, in addition to productivity, the relocation
It is also a great challenge in terms of environmental protection, since the manufacture
disposable material for medical use is the most important activity in the sector, with a
annual growth of 11%, according to figures from the National Institute of Statistics and Geography
(INEGI).

It is not only a matter of guaranteeing products, but of designing a series of measures that
allow to manage in a good way the solid waste that the industry generates. This
leads to using technology to produce environmentally friendly inputs, it is
In other words, they have a longer useful life.

According to INEGI, the country exports 96.7% of all device merchandise
doctors to the United States, which is equivalent to more than 9,600 million dollars, so
the relocation of companies is expected to reinforce this trend in the medium term.

Also read:

10 characteristics that all hospitals of the future will have

Technology, how does it help to offer quality medical services?

Artificial Intelligence, how does it help in the care of medical emergencies?

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