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The healthcare industry is growing rapidly, reaching a market size of approximatel $2,000 billion by 2022.

This cutting-edge innovation ecosystem is made up of a heterogeneous mix of very large industrial groups (pharmaceuticals and medical devices), which dominate product distribution, and numerous SMEs and start-ups, which drive most of the sector’s breakthrough innovations.

The conditions for success in this sector are based on 3 pillars:

  • Innovation, which involves time-to-market challenges and substantial funding requirements.
  • Device and drug safety, governed by stringent regulatory requirements.
  • Product availability, which requires an efficient supply chain with robust forecasting capabilities..

In recent years, profitability has become an increasingly important issue in a sector experiencing soaring global spending due to an ageing population and the increasing democratization of healthcare access.

Issues & Challenges

These changes require :

  • Engaging early in the design phase to industrialise the product in order to minimise the impact of regulatory constraints on the final cost of the product.
  • Ensuring process reliability to guarantee product safety and control product release times.
  • Improving forecasts to optimise WIP and stock levels, and reduce component lead times.
  • Enhancing production flexibility to adapt to an increasingly versatile business environment, including sudden changes in demand and the trend toward customised products.
  • Increasing organisational agility to maintain competitiveness in a highly competitive, first-mover-advantaged market.

AXSANT added value

To meet these challenges, our customers in the healthcare industry call on our various areas of expertise:

  • Consolidating an R&D process that secures time-to-market while integrating cost considerations and minimising the risks of uncertainty associated with the use of emerging technologies.
  • Secure flows and processes to guarantee product availability and reduce manufacturing lead times.
  • Optimise the entire forecasting process to better anticipate market changes and limit stock requirements.
  • Enhance production line flexibility by implementing optimisation projects, identifying bottlenecks and increasing equipment availability.
  • Analyse organisational weaknesses and support teams throughout the process of developing and implementing solutions.