1 year ago
October 27, 2020
Slator 2020 Medtech Translation and Localization Report
Slator’s 44-page 2020 Medtech Translation and Localization Report is the ultimate resource for language service providers (LSPs), buyers of translation services, and investment professionals looking to understand the complex landscape of translation and localization services for medical technology (medtech), a USD 0.8bn market in 2020.
The report provides an overview of the medtech industry, which encompasses medical devices and in-vitro diagnostics (IVD) as well as emerging transformational technologies such as interconnected medical devices, software as a medical device (SaMD), telehealth, and others.
We examine the regulatory context surrounding the medtech industry — from established regulations in the US to a new regulatory framework in Europe, and the growing market for medtech in Asia Pacific (APAC).
We tackle the life cycle of a device — from design and development through to marketing, post-market surveillance, and after-care — and highlight key content types that emerge from activities carried out by medtech companies, such as product labels, instructions for use (IFUs), field safety notices, and marketing materials.
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The report identifies the primary LSPs operating in medtech and discusses key factors for competing in the medtech industry, providing LSPs with insight into the knowledge and tools needed to compete in the space.
We also list the typical buyers of language services in the industry, including major global medtech companies. In addition, the report features insights from medtech translation and localization buyers, which include outsourcing and procurement strategies, attitudes toward ISO certification, the impact of Covid-19, the driving force of regulations, and the rise of health apps.
These actionable insights are supplemented with information to help drive sales and business development, including common buyer job titles and industry-specific online and in-person events, which will give readers the tools and information they need to approach potential buyers within the medtech space.
The report can be used as a standalone resource and is best read alongside Slator’s flagship 2020 Language Industry Market Report and 2019 Life Sciences Translation Report. Slator Research is available in pay-as-you-go or to subscribers of Slator’s Annual Research or Strategy Packages.
Don’t miss out on Slator’s other recent data and research products: Pro Guide: Sales and Marketing for Language Service Providers and Slator 2020 Translation and Localization Buyer Report.
Table of Content
|Medtech Industry Overview||5|
|Learn about the major areas of medical technology, the role of both innovation and regulation in the industry, and the key characteristics that define this end-customer vertical.|
|Delve deeper into the regulations that govern the industry in the major medtech hubs of the US, Europe, and Asia, as well as the standards and certifications used by suppliers and buyers as emblems of quality.|
|The Role of Language Services in the Medtech Industry||16|
|Find out more about the activities that trigger translation and localization demand, the typical content types and services (beyond “just translation”) covered by medtech-focused LSPs, and the role of technology in delivering language services to medtech customers.|
|Read up on the main buyers of language services in the medtech industry, including major global medtech companies and, to a lesser extent, contract research organizations (CROs). Discover which suppliers they typically rely on for their translation and localization needs.|
|Buyer Insights & Industry Trends||33|
|We interviewed world leaders in medtech to bring you insights into what they look for in a translation and localization supplier, and their thoughts on the impact of Covid-19, the driving force of regulations, and the rise of health apps.|
|Sales, Business Development, & Marketing||39|
|Ready to contact your prospective medtech customers? We give you the tools to do so with a list of common buyer jobs titles and an overview of industry-specific events.|
|Adjacent Services & Markets||43|
|Learn how to leverage your knowledge of medtech to access other customer verticals, and vice versa.|
How to Use This Report
Slator’s easy-to-digest 2020 Medtech Translation and Localization Report offers the very latest industry and data analysis, providing language service providers (LSPs), end-clients, and investors the confidence to make informed and time-critical decisions. It is a cost-effective, credible resource for busy professionals.