Technological Management of Medical Device Companies Supporting Overseas Trade
DOI:
https://doi.org/10.71222/hmvc8138Keywords:
medical devices, technological management, international trade, innovation, global competitivenessAbstract
The global medical device industry has experienced significant growth in recent years, driven by technological innovation and rising demand for healthcare solutions. This paper investigates how effective technological management can enhance the overseas trade performance of medical device companies. By examining industry trends, strategic technology deployment, and representative case studies, the study identifies key enablers for overcoming regulatory barriers, fostering innovation, and sustaining competitiveness in international markets. The findings highlight the pivotal role of integrated technological management in supporting long-term success in global trade.
References
1. Y. Han and J. Bergmann, "Transforming medical regulations into numbers: Vectorizing a decade of medical device regulatory shifts in the USA, EU, and China," arXiv Prepr. arXiv:2411.00567, 2024, doi: 10.48550/arXiv.2411.00567.
2. K. D. Jain and S. B. Patil, "Overview of medical device regulations in Singapore and Thailand," Biomed. Mater. Devices, vol. 3, no. 1, pp. 259–276, 2025, doi: 10.1007/s44174-024-00188-y.
3. S. Hashimoto, Y. Motozawa, and T. Mano, "Mechanisms that affect reimbursement prices for medical devices in Japan, the world’s third largest medical device market: A scoping review," Int. J. Healthc. Manag., vol. 17, no. 4, pp. 861–868, 2024, doi: 10.1080/20479700.2023.2250612.
4. X. Yan et al., "Governing cross-border healthcare in mainland China: A scoping review of national policies from 2002 to 2022," Lancet Reg. Health West. Pac., vol. 45, 2024, doi: 10.1016/j.lanwpc.2024.101046.
5. L. Pecchia, A. Maccaro, M. A. Matarrese, F. Folkvord, and G. Fico, "Artificial Intelligence, data protection and medical device regulations: Squaring the circle with a historical perspective in Europe," Health Technol., vol. 14, no. 4, pp. 663–670, 2024, doi: 10.1007/s12553-024-00878-z.
6. K. Shin, I. Lim, and H. Jeong, "Evolution to entrepreneurial hospital led by open innovation: A case of Korean hospital indus-try," J. Open Innov. Technol. Mark. Complex., vol. 10, no. 4, p. 100405, 2024, doi: 10.1016/j.joitmc.2024.100405.
7. M. Wang, S. Ren, and G. Xie, "Going ‘green trade’: Assessing the impact of digital technology application on green product export," Technol. Soc., vol. 77, p. 102487, 2024, doi: 10.1016/j.techsoc.2024.102487.
8. L. G. Zheng, H. M. Wechtler, M. L. Heyden, and R. B. Bouncken, "Global disasters and the luck of the draw? A serendipity perspective on MNE responses to global disasters," J. Int. Manag., vol. 30, no. 1, p. 101084, 2024, doi: 10.1016/j.intman.2023.101084.
9. W. Gu et al., "Evolution of digital health and exploration of patented technologies (2017–2021): Bibliometric analysis," Interact. J. Med. Res., vol. 13, no. 1, p. e48259, 2024, doi: 10.2196/48259.
10. S. Wang, X. Jiang, and M. B. Khaskheli, "The role of technology in the digital economy’s sustainable development of Hainan Free Trade Port and genetic testing: Cloud computing and digital law," Sustainability, vol. 16, no. 14, p. 6025, 2024, doi: 10.3390/su16146025.
11. L. C. Man, Y. Lin, G. Pang, J. Sanderson, and K. Duan, "Digitalization to achieve greener healthcare supply chain," J. Clean. Prod., vol. 463, p. 142802, 2024, doi: 10.1016/j.jclepro.2024.142802.
12. X. Fu, Z. Liu, H. Xie, and Y. Zhang, "Overseas institutional uncertainty and corporate innovation–evidence from an emerging economy," R&D Manag., 2025, doi: 10.1111/radm.12702.
13. J. Shi, "Adaptive change: Emerging economy enterprises respond to the international business environment challenge," Tech-novation, vol. 133, p. 102998, 2024, doi: 10.1016/j.technovation.2024.102998.
