22/01/2025
𝗪𝗵𝗮𝘁'𝘀 𝗡𝗲𝘅𝘁 𝗳𝗼𝗿 𝗠𝗲𝗱𝗧𝗲𝗰𝗵 𝗶𝗻 𝗮 𝘄𝗼𝗿𝗹𝗱 𝗼𝗳 𝗧𝗿𝘂𝗺𝗽 𝟮.𝟬?
Day 1 in office. This morning, in sunny Singapore, an expert panel explored how Donald Trump’s second term could reshape global trade dynamics and its impact on the MedTech industry in Asia Pacific.
Notably, Dräger's Thomas Jakob shared how companies can position themselves to manage risks and capitalise on gains in a Trump 2.0 era:
1. Continue diversifying your supply chains and explore new markets. Consider building a "China+2" strategy to further future-proof your business.
2. Peel your eyes open for opportunities to become more competitive, such as through portfolio expansion.
3. Be agile. Surprises will come along the way but be prepared to react quickly. Challenges can shape us to be nimble and on our feet.
We are grateful for valuable insights shared by our speakers:
Thomas Jakob, Chief Operating Officer APAC, Managing Director ASEAN, Dräger
Thomas Shao 邵枫, Head, China Government Affairs, Abbott
Prashant Yadav, Senior Fellow for Global Health, Council on Foreign Relations
Benish Aslam, Lead, Government Affairs and Policy & ESG, APACMed
Clark Jennings, Managing Director Asia, Crowell Global Advisors (Moderator)