WEBVTT 00:00:00.375 --> 00:00:01.418 Vikram, welcome. 00:00:01.543 --> 00:00:04.337 In your view, what does this year hold in store for medtech? 00:00:04.671 --> 00:00:07.716 Yeah, maybe the way I would answer that is to compare and 00:00:07.716 --> 00:00:09.718 contrast a little bit with last year. 00:00:10.010 --> 00:00:13.722 I think last year the the mood was very much around cautious optimism. 00:00:13.930 --> 00:00:17.225 So the industry as a whole probably grew around low single digits. 00:00:17.559 --> 00:00:19.769 There's a bigger focus on cost discipline. 00:00:20.520 --> 00:00:24.065 You saw some deals but not really large transactions. 00:00:24.232 --> 00:00:26.109 And there was a lot of buzz around GenAI, 00:00:26.109 --> 00:00:28.903 but you're still very much in the experimentation phase. 00:00:29.237 --> 00:00:32.615 I think this year the mood for me feels much different. 00:00:32.615 --> 00:00:34.868 It feels much more optimistic, much more bullish. 00:00:35.702 --> 00:00:38.079 I think there is going to be a more favorable business 00:00:38.079 --> 00:00:40.123 environment everyone is expecting with the new 00:00:40.123 --> 00:00:42.292 administration, which should lead to additional 00:00:42.292 --> 00:00:43.209 transactional activity. 00:00:43.793 --> 00:00:47.464 I think you're starting to see more growth ambitions coming out 00:00:47.464 --> 00:00:49.716 from a lot of the companies here today. 00:00:50.008 --> 00:00:52.844 And the focus is less around cost efficiencies, but more 00:00:52.844 --> 00:00:55.055 around productivity to support that growth. 00:00:55.472 --> 00:00:58.850 And then lastly, even around GenAI, you've now seen many 00:00:58.850 --> 00:01:02.479 companies sort of bridge that execution gap from small pilots 00:01:02.479 --> 00:01:04.606 to really realizing value at scale. 00:01:05.106 --> 00:01:07.734 And so I think that's where the mood and the tenor is, is far 00:01:07.734 --> 00:01:08.860 more optimistic this year. 00:01:09.486 --> 00:01:12.322 What should industry leaders be thinking about specifically? 00:01:12.322 --> 00:01:13.698 What should be top of mind here? 00:01:14.699 --> 00:01:17.660 I think there's still a lot of uncertainty for this year, 00:01:17.660 --> 00:01:20.663 right, as this, as it relates to, you know, tariffs, which 00:01:20.663 --> 00:01:23.875 ones will come in, regulatory changes, reimbursement policies, 00:01:23.875 --> 00:01:25.001 which ones will stick. 00:01:26.044 --> 00:01:29.464 But at the same time, I feel like the industry as a whole is 00:01:29.464 --> 00:01:33.093 well-prepared, perhaps compared to a few years ago, either going 00:01:33.093 --> 00:01:36.721 through some of the prior policy changes, but also the pandemic 00:01:36.721 --> 00:01:40.016 has made the industry much more resilient to be 00:01:40.016 --> 00:01:40.683 able to deal with this. 00:01:40.975 --> 00:01:43.436 But I think that those topics are still very much top of mind 00:01:43.436 --> 00:01:44.604 for a lot of business leaders. 00:01:44.604 --> 00:01:47.398 They feel very good about the stuff that they can control, for 00:01:47.398 --> 00:01:49.943 the uncontrollable is still what keeps them up at night. 00:01:49.943 --> 00:01:52.529 But I think they have plans basically to counter any 00:01:52.529 --> 00:01:53.446 different scenario. 00:01:54.364 --> 00:01:55.198 Thank you so much. 00:01:55.323 --> 00:01:55.698 Thank you.