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Research Article

Entrepreneurship in the Medical Equipment Sector: Challenges, Opportunities, and Solutions

Authors

  • Adel Safaei
  • Mehdi Farzpourmachiani
  •  Mehrdad Fojlaley
  • Snjezana Baroness Rajacic

Abstract

Abstract

Entrepreneurship in the field of medical equipment, as one of the emerging and challenging fields, plays a significant role in improving the health level of societies. On one hand, legal complexities, the need for substantial investment, and intense competition represent significant challenges for entrepreneurs in this field. On the other hand, the increase in the elderly population, the advancement of new technologies and the government’s support for knowledge-based companies have provided unique opportunities for the growth and development of this industry. To solve these challenges and take advantage of the opportunities, the creation of suitable infrastructure, financial support for start-up companies and facilitating access to global markets are among the proposed solutions. Considering the increasing importance of health and rapid technological developments, entrepreneurship in the field of medical equipment can act as a stimulus for sustainable development and improving the quality of human life.

Safaei A, Farzpourmachiani M, Fojlaley M, Baroness Rajacic S. Entrepreneurship in the Medical Equipment Sector: Challenges, Opportunities, and Solutions. Tubittum. 2024; 3(3): 661-669.

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