July 24, 2020

Everest Group Recognizes Virtusa as a Major Contender in its Medical Devices Digital Services PEAK Matrix® Assessment 2020

Publisher: Everest Group

With growing need for smart medical devices, remote health monitoring solutions, shorter product development timelines, and regulatory compliance, medical device enterprises are increasingly leveraging digital technologies to achieve higher revenue and remain competitive. To fulfill these objectives, they need to partner with the right service providers. While providers are also ramping up their capabilities by entering into life sciences-specific partnerships and acquisitions, they lay limited emphasis on the medical devices industry. This is driving the need for research and market intelligence on demand and supply trends in medical devices digital services. Everest Group’s Life Sciences ITS research program addresses this market need by analyzing outsourcing trends and service provider capabilities in medical devices digital services.

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