McKinsey & Company: Advanced Electronics

There’s an increased demand for automation technology across different industries because they want to streamline and speed production and manufacturing. Advanced electronics help organizations to get along with automation technology and navigate a fragmented value chain. Advanced electronics based systems help companies grab market opportunities and tackle the challenges associated with highly complex automation systems, diverse customer requirements, fragmented value chains, etc. Advanced medical electronics or advances in the medical electronics have been successful in the development of advanced medical devices. Such medical devices are capable of not only addressing the problems associated with diagnostic and therapeutic medicine but are also able to tackle important societal problems like global disparities in the accessibility of medical care.

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