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The medical supplies industry has experienced significant growth in recent years. Several factors, including an aging population, the prevalence of chronic diseases, and the impact of global health crises, are driving this demand.

This article explores the increasing need for medical supplies from both retail and wholesale perspectives, providing a comprehensive analysis of market dynamics, key stakeholders, and operational challenges.

Understanding the Medical Supplies Market

Definition and Scope

Medical supplies refer to essential consumables and equipment used in healthcare delivery. These include:

Personal protective equipment (PPE) such as gloves, masks, and gowns
Wound care products like bandages and dressings
Diagnostic supplies such as test kits and thermometers
Infusion and injectable devices, including syringes and IV sets
Sterilization consumables for maintaining hygiene in healthcare settings
Mobility aids and patient support devices

These products are critical for maintaining the quality of care in both clinical and non-clinical settings.

Market Size and Growth Trends

The global medical supplies market has been expanding steadily. In 2022, the market was valued at approximately $138.4 billion and is projected to reach $163.5 billion by 2027, growing at a compound annual growth rate (CAGR) of 3.4%. The demand for these products surged during the COVID-19 pandemic and has remained high due to ongoing public health needs.

Factors Driving Demand

Chronic Disease Prevalence

The rise in chronic conditions such as diabetes, cardiovascular diseases, and respiratory disorders has significantly contributed to the growing demand for medical supplies. For instance, blood glucose monitors and insulin delivery devices are essential for diabetes management.

The World Health Organization reports that over 422 million people globally are living with diabetes.

Aging Population

An aging global population requires greater medical care and consumable supplies. Older adults often need assistance with mobility, chronic disease management, and post-surgical recovery, which drives consistent demand for products like catheters, incontinence supplies, and wound care materials.

Global Health Crises

The COVID-19 pandemic highlighted the critical need for a well-stocked supply of medical products. Items such as PPE, ventilators, and diagnostic kits were in unprecedented demand. Wholesale distributors like CIA Medical played a crucial role in meeting the surge by ensuring healthcare facilities had access to essential supplies.

Retail Perspective

Changing Consumer Behavior

Consumers today are more engaged in managing their health, leading to increased purchases of medical supplies for home use. Products such as blood pressure monitors, mobility aids, and even basic first-aid kits have become staples for individuals managing their health outside clinical settings.

E-Commerce Growth

The shift to online shopping has transformed the retail distribution of medical supplies. E-commerce platforms offer a convenient and cost-effective channel for purchasing medical products.

The ease of comparison, rapid delivery options, and expanded product availability have accelerated this trend, especially during health crises requiring contactless shopping.

Regulatory Compliance in Retail

Retailers face stringent regulatory requirements to ensure that medical supplies meet safety and efficacy standards. Compliance with agencies such as the U.S. Food and Drug Administration (FDA) or equivalent bodies in other regions is critical for gaining consumer trust and avoiding legal challenges.

Wholesale Perspective

Role of Wholesale Distributors

Wholesale distributors serve as the backbone of the medical supplies market. They bridge the gap between manufacturers and end-users, such as hospitals, clinics, and retailers. These distributors ensure large-scale availability and efficient delivery of medical supplies.

Key Players in Wholesale Distribution

Prominent companies dominate the wholesale medical supplies market. These include:

Cardinal Health
Medtronic plc
Becton, Dickinson and Company
Braun Melsungen AG
McKesson Corporation

These players manage extensive inventories and operate sophisticated logistics systems to meet demand efficiently.

Challenges in Wholesale Operations

Wholesalers face challenges such as fluctuating demand patterns, supply chain disruptions, and evolving regulatory frameworks. For example, the COVID-19 pandemic caused sharp spikes in demand, forcing distributors to adapt quickly to avoid shortages.

Supply Chain Dynamics

Global Sourcing and Production

The production and distribution of medical supplies rely on a globally interconnected supply chain. While this network supports scalability and cost efficiency, it is vulnerable to disruptions. Events such as factory shutdowns or transportation delays can significantly impact availability.

Inventory Management

Effective inventory management is crucial for both wholesalers and retailers to avoid overstocking or stockouts. Advanced forecasting tools and demand planning systems help ensure that supply meets demand without unnecessary waste.

Technological Integration

Technological advancements such as real-time inventory tracking, predictive analytics, and automated warehousing have enhanced supply chain efficiency. These innovations allow stakeholders to respond quickly to market changes and streamline distribution.

Regulatory Landscape

Compliance with Quality Standards

Medical supplies must adhere to rigorous quality standards to ensure patient safety. Regulatory agencies like the FDA and the European Medicines Agency (EMA) enforce strict guidelines for manufacturing, labeling, and distribution.

Impact of Regulatory Changes

Shifts in regulatory requirements can reshape the market. For instance, the European Union’s Medical Device Regulation (MDR) introduced new compliance rules, increasing the complexity of product approvals for manufacturers and distributors.

Emerging Opportunities

Growth of Home Healthcare

The rise of home healthcare presents significant opportunities for both retail and wholesale markets. Products such as portable diagnostic devices, telemedicine kits, and home-based therapy consumables are becoming increasingly popular.

Sustainability in Medical Supplies

Eco-friendly materials and sustainable manufacturing practices are gaining attention in the industry. Companies investing in green innovations can appeal to environmentally conscious consumers and healthcare providers.

Innovation in Telehealth

The integration of telehealth technologies with medical supplies, such as remote monitoring devices and connected health systems, is poised to drive further growth. These innovations enable patients to receive high-quality care without visiting healthcare facilities.

Strengthening the Supply Chain for Long-Term Success

The medical supplies industry is essential to global healthcare systems. Its ability to adapt to changing market dynamics and regulatory environments determines its effectiveness in meeting growing demand.

By investing in innovative technologies, enhancing supply chain resilience, and prioritizing compliance, stakeholders can ensure the sustained availability of medical supplies to improve patient care worldwide.

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The Growing Demand for Medical Supplies: Retail and Wholesale Perspectives

Promoting events effectively is crucial for businesses aiming to maximize attendance and engagement. Traditional methods like flyers and static billboards often struggle to capture attention in today’s fast-paced world.

Digital signage offers a modern solution to this challenge. With vibrant displays and dynamic content, it simplifies the way businesses advertise their events.

Digital signage allows for real-time updates and interactive elements that can engage audiences more effectively than ever before. This article explores how digital signage streamlines event promotions, making it easier for businesses to reach their target audience and stand out in a crowded marketplace.

The Role of Digital Signage in Modern Event Promotion

Digital signage refers to electronic displays used to present multimedia content such as images, videos, and animations. These displays are strategically placed in public areas, retail spaces, and corporate environments to communicate messages effectively. In the context of event promotion, digital signage serves as a dynamic platform that can quickly capture the attention of potential attendees.

The transition from static posters and billboards to dynamic digital displays marks a significant shift in advertising mediums. Traditional signage is limited by its inability to change once printed, often leading to outdated or irrelevant information being displayed. Digital signage overcomes this limitation by allowing businesses to update content in real-time. This means promotional materials can be adjusted instantly to reflect last-minute changes, special offers, or new event details.

Flexibility is a hallmark of digital signage. Businesses can tailor their messaging to different audiences and settings with ease. For instance, a company can promote a daytime workshop in the morning and switch to advertising an evening networking event by afternoon. This adaptability ensures that promotional content remains relevant and engaging, enhancing the effectiveness of marketing efforts for various events.

Benefits of Using Digital Signage for Event Promotion

Digital signage offers numerous advantages that simplify event promotions for businesses. Here are some key benefits:

Real-Time Updates and Instant Content Changes

One of the standout features of digital signage is the ability to update content in real-time. This means businesses can make immediate adjustments to their promotional materials whenever needed. For example, if there’s a last-minute change in the event schedule or a new guest speaker is added, the information can be updated instantly across all displays. Time-sensitive promotions, such as early-bird specials or flash ticket sales, can be launched or ended at the click of a button, ensuring that the audience always sees the most current information.

Cost-Effectiveness Compared to Traditional Methods

While traditional advertising methods like printing flyers and posters incur recurring costs, digital signage represents a more cost-effective solution over time. After the initial investment in hardware, the expenses significantly decrease. There’s no need for constant reprinting, which also reduces paper waste and supports eco-friendly practices. Additionally, the longevity and durability of digital displays mean fewer replacements and maintenance costs, leading to long-term savings for the business.

Enhanced Audience Engagement

Digital signage captures attention more effectively than static displays due to its dynamic nature. The use of multimedia content—such as videos, animations, and interactive elements—engages viewers and holds their interest longer. Interactive displays invite the audience to participate directly, whether by navigating through event details, watching highlight reels, or even registering for the event on the spot. This increased engagement can lead to higher attendance rates and a more memorable impression of the event.

Scheduling and Automation

Digital signage allows for the scheduling of content ahead of time, which streamlines the promotional process. Businesses can plan their event promotions in advance by setting specific times and dates for content to display. For example, different events can be promoted during different times of the day to target various audiences effectively. Automation reduces the manual workload and minimizes the risk of human error, ensuring that promotions run smoothly and efficiently without constant oversight.

Embracing Digital Signage in the Cloud

The cloud has transformed how businesses handle digital signage. By utilizing cloud-based solutions, companies can manage their displays remotely, updating content from anywhere with an internet connection. This is particularly useful for businesses promoting events in multiple locations or venues. Cloud-based digital signage offers scalability, making it easy to add or remove displays without significant effort or cost.

One of the key benefits is streamlined content management. With digital signage in the cloud, businesses can schedule updates, monitor displays, and ensure consistent messaging across all screens. This centralized control saves time and resources, allowing teams to focus on creating engaging content. Embracing cloud technology simplifies event promotions and keeps businesses agile in a fast-paced market.

Summary

Digital signage simplifies event promotions by providing dynamic, real-time content updates that enhance audience engagement. It’s more cost-effective than traditional methods, allowing for instant adjustments and scheduled automation. With cloud-based solutions, businesses can manage displays remotely and scale easily. Embracing digital signage enables companies to effectively reach their target audience and stand out in a competitive market.

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How Digital Signage Simplifies Event Promotions for Businesses

Global investment firm 3G Capital’s approach to investing centers on pursuing high-quality businesses that will benefit from its long-term involvement.

The firm’s owner-operator methodology often equates to fairly long holding periods, with 3G Capital potentially remaining directly involved with a company’s operations for decades.

After it acquired Burger King in 2010, for example, 3G Capital spent years strengthening and expanding the brand.

At the time of the nearly $4 billion deal, management changes and other challenges within the fast food chain had led to a lack of strategy and performance issues. The 3G team immersed themselves in Burger King’s operations to learn how its talent management, compensation, and other aspects of the business worked.

Through menu innovation, cost streamlining and other tactics, the firm lowered the chain’s overhead expenses and achieved other operational efficiencies. In June 2012, 3G Capital was able to take Burger King public again.

In 2014, 3G Co-Managing Partner Daniel Schwartz, who had been appointed as Burger King’s CEO the year before, said the chain had become “one of the fastest-growing and most profitable QSR businesses in the world,” through efforts such as “successful international growth, a consistent focus on brand revitalization and strong commitment to our franchisees.”

That same year, 3G acquired coffee-focused restaurant chain Tim Hortons — and established Restaurant Brands International, a company both brands began to operate independently under. After adding the Popeyes Louisiana Kitchen chain via a $1.8 billion acquisition in 2017, RBI also obtained Firehouse Subs in what the Financial Times said was a $1 billion deal in 2021.

Today, RBI is one of the largest quick service restaurant companies in existence — encompassing 29,000 [EB2] restaurants in more than 100 countries and producing more than $35 billion in annual system-wide sales.

On the recently released Sept. 26 episode of the Invest Like the Best Podcast, host Patrick O’Shaughnessy — founder and CEO of venture capital firm Positive Sum, who launched the business and investing podcast network Colossus in 2020 — and investment expert Ted Seides, who hosts the Capital Allocators podcast, discussed 3G’s Burger King acquisition.

Seides said he believed it was the highest-returning private equity deal on record.

“[3G] really grew this business, and it was doing really well,” he said. “And then, they had an opportunity to buy Tim Hortons, and they literally re-levered the entire thing, almost … They had this wildly successful LBO, and then they risked it all again, and they made it work again; and then they did it again.”

Noting that 3G Capital still owns Burger King, Seides mentioned the firm’s use of single asset funds.

“It’s a great story because there’s a combination of this operating model that 3G has, and this vision, ability to take risk, but also a very different private equity structure,” he said. “It’s [been] 14 years, and they find ways to get some people some liquidity if they want, but most people are like, ‘No, no, no, keep doing what you’re doing. It’s working really well.’”

Working With Legacy-Led Companies

In addition to corporations like Burger King, 3G Capital also has found success partnering with family-owned businesses that hope to advance their organization to the next stage of operations.

In 2022, 3G Capital obtained a 75% stake in window coverings manufacturer and retailer Hunter Douglas; headquartered in The Netherlands, the company had been owned by the Sonnenberg family since 1919.

While Hunter Douglas — which offers products that provide energy efficiency and smart home technology solutions — had become a key player in its industry with a strong market position, the company had reached a pivotal moment in its trajectory; and the members of its founding family were looking to transition its leadership.

They ultimately decided to work with 3G Capital and retain a 25% share of the company.

When the $7 billion deal was initially announced, 3G Capital Co-Founder and Co-Managing Partner Alex Behring and Schwartz said the firm had a deep respect for the Sonnenberg family’s steadfast leadership of the more than 100-year-old company and its diverse portfolio of brands.

“Hunter Douglas’ strong market position is the product of its specialized expertise built over the past century,” they said in a statement. “We are committed to preserving this expertise by empowering and supporting Hunter Douglas’ leadership and partnering closely with Hunter Douglas’ exceptional team of founders and entrepreneurial managers and unrivaled network of dealers and fabricators.”

Ralph Sonnenberg, whose father founded Hunter Douglas, called 3G Capital “a well-renowned investor, operator and a strong partner for our business.”

Prior to the acquisition, despite possessing inherent quality as a business, Hunter Douglas had been underappreciated, according to 3G Capital, garnering only minimal research and news coverage within the financial community and a very low float on the Amsterdam exchange.

The partnership with 3G Capital has helped enhance Hunter Douglas’ leadership team. Its Co-President and Co-CEO David Sonnenberg, who had garnered 30 years’ worth of experience working at the company, moved into an executive chairman role on its board of directors and continued to be involved in Hunter Douglas’ daily operations; 3G partner João Castro Neves stepped into the CEO role, and Alex Behring and Daniel Schwartz became board members.

Since becoming involved with the company, 3G Capital has helped identify options for long-term growth, including possibilities to expand in regions such as Latin America and Asia, where Hunter Douglas’ market penetration is still relatively low.

The Sonnenberg family’s decades of industry experience and institutional knowledge, in tandem with 3G Capital’s involvement, is now helping position Hunter Douglas to evolve on an international scale, without having to sacrifice its brand integrity — enabling it to move into what David Sonnenberg, when the partnership was first announced, referred to as “the next chapter of Hunter Douglas’ history.”

“As owner-operators with a long-term investment horizon and significant experience operating global branded businesses alongside founding families, 3G Capital is a dynamic steward to continue the legacy of Hunter Douglas,” he said. “As a private enterprise, Hunter Douglas will have the opportunity to advance and expand our business — while preserving the family-led culture and strong relationships with stakeholders, which have been core to our success.”

Read more:
Building Bridges: How 3G Capital Partners with Family-Owned Businesses for Long-Term Growth

Data privacy has evolved from a niche concern to a global imperative in an increasingly digital world.

As businesses rely more on user data to personalize experiences, improve services, and drive revenue, the need for robust data privacy measures has become non-negotiable. Governments worldwide have responded by introducing stricter regulations, while consumers demand greater transparency in how their data is used.

As a result, consent management tools have emerged as essential solutions for businesses navigating this complex landscape. These tools ensure compliance with laws and foster trust and loyalty among customers. For companies aiming to succeed in 2024, staying ahead of data privacy trends with solutions like CT Group is crucial.

The Shifting Landscape of Data Privacy

The notion of data privacy has changed significantly in the last decade. In the recent past, it was an IT issue confined to the basement of most organizations, but today, it is a strategic imperative that has made its way to boardroom discussions. Well-known data leaks, including Facebook and Equifax, among the most significant tech companies, demonstrate the dangers of inadequate user information management. These events have put data privacy at the center of attention with the government and the people.

As a result, governments have increased control over data management by organizations. Roy has highlighted that new laws such as GDPR in Europe, CCPA in the USA, and regulations in Asia and South America have made the environment more stringent. These laws put the ownership of personal data into the hands of users and dramatically increase the risks for those companies that are not ready to respect the users’ rights. In this high-risk climate, consent management tools have emerged as a lifesaver for organizations trying to remain legal-compliant while running their businesses.

Most importantly, these tools are not about compliance and penalties—they are about trust. The modern consumer is better informed and choosy. People want to know how their data will be used and want the option to withdraw any consent they gave. Organizations that do not make this information available to consumers are likely to lose consumer loyalty, an asset that is not easy to regain in the current world of cutthroat competition.

The Role of Consent Management Tools in 2024

Consent management tools are now considered the foundation of many business solutions, especially as data protection laws become more complex. These platforms help to make the task of collecting and managing user consent as easy as possible. This way, businesses do not have to rely on old-fashioned methods or disparate systems to manage consent but can incorporate a tool that will help them manage it efficiently.

One of the most significant benefits of these tools is that they help to work in an automated manner. It is also possible to set consent preferences to be changed in real-time to ensure that businesses can follow users’ new preferences or regulations. Furthermore, these platforms have many advantages due to elements like the dashboard’s simple interface, the precise opt-in and opt-out mechanisms, and the flexible consent banners.

Why Businesses Cannot Afford to Ignore Consent Management

The price for not meeting the requirements set by data privacy laws is relatively high. Legal penalties include fines that can cost millions of dollars, but reputation loss is usually a bigger problem. It can be challenging and time-consuming if a company has failed to make its clients trust it again. On the other hand, the consent management tool is a preventive measure to safeguard businesses against such risks. At the same time, the business will be seen as a champion of privacy ethics.

In the upcoming months of 2024, data privacy will remain a critical competitive advantage among market players. Consumers will shift to brands that value their rights and show concern about privacy. Furthermore, with new technologies like artificial intelligence and machine learning, vast volumes of data will be gathered, and more precise and accurate consent models will also be required.

Conclusion

The changes in data privacy laws have influenced the relations between businesses and consumers. In 2024, having proper control over user consent becomes a luxury and a need. The need for more extensive regulation and the continually rising expectations of consumers regarding privacy make consent management tools an all-encompassing solution for enterprises that want to remain legal and trusted. Companies’ use of these tools can greatly benefit them in avoiding legal pitfalls and, at the same time, improving their relations with customers. Nowadays, protecting data is about more than just doing the right thing; it is about doing the right thing for your business.

Read more:
The Evolution of Data Privacy: Why Consent Management Tools Are Critical for Businesses in 2024

Cloud2Me’s latest survey conducted at AccountEx Manchester sheds light on the significant challenges accountants face when transitioning to cloud-based IT solutions.

In an era where digital transformation is the key to staying competitive, many accounting firms are grappling with complex IT setups and the obstacles that come with moving to the cloud.

According to the survey, nearly half (46%) of accountants surveyed operate with a hybrid IT setup, combining both cloud and server-based applications. Just over a quarter (27%) have fully embraced cloud-only (SaaS) solutions, demonstrating a growing shift toward digital-first operations. Yet, the survey also highlights the persistence of more traditional setups, with 11% of firms still using hosted desktop providers and 14% relying on office-based servers to run their desktop software.

However, it’s not just about the choice of infrastructure—it’s about overcoming the obstacles that cloud migration presents. The survey reveals that accountants are facing significant hurdles as they attempt to modernise their IT systems, with the top three cited reasons being:

A lack of time and headspace
A shortage of internal IT experience
High migration costs

Other significant barriers to fully adopting the cloud included concerns about downtime, uncertainty about uncapped cloud-related costs and an ongoing preference to accountancy desktop apps to their cloud versions!

“Accountants are navigating a difficult landscape when it comes to IT transformation,” said Jack Bedell-Pearce, Cloud2Me’s Business Development Director who was at the convention. “Our survey highlights that many are embracing a ‘best of both worlds’ approach as evidenced by nearly half of all respondents opting for a hybrid approach. Those that are struggling to make the transition to hybrid are mostly worried about the migration process. This doesn’t have to be as difficult as it sounds, especially if they opt for a Hosted Desktop setup, where companies like Cloud2Me can effectively clone, virtualise and migrate their existing hardware setup relatively easily.”

Another key finding from the survey is how IT management responsibilities are handled across firms. While just over a third (38%) have in-house expertise (usually a Partner or Director with IT experience), a whopping 59% of firms continue to rely on local IT support providers (MSPs). While this has traditionally been a good model for practices running in-house servers for their accountancy applications, generalist MSPs may not have the relevant expertise to virtualise such specialist software. This in turn would explain our top three challenges to the adoption of a hybrid/cloud setup – a lack of experience, time and high cost.

About Cloud2Me

Cloud2Me specialises in cloud migration and IT solutions, tailored to help businesses make the transition to cloud infrastructure. With a focus on efficiency, cost reduction, and minimising downtime, Cloud2Me partners with firms of all sizes to deliver scalable, secure, and future-proof IT solutions. For more information, visit Cloud2Me’s website.

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Cloud2Me Survey Unveils Major IT Hurdles Faced by Accountants in Cloud Migration

The National Health Service (NHS) plays a critical role in the provision of bariatric treatments, addressing obesity, a growing public health challenge in the UK.

While life-changing options like gastric bypasses, gastric sleeves, and gastric balloons are available, access to these procedures remains inconsistent. This discrepancy stems from funding disparities, regional availability, and lengthy waiting times. As the demand for bariatric services rises, ensuring uniform access across the NHS is vital for tackling obesity-related health issues.

The Growing Demand for Bariatric Interventions

Obesity affects one in four adults in the UK, according to NHS statistics. The health implications, ranging from type 2 diabetes and hypertension to cardiovascular disease, place immense strain on healthcare resources. Bariatric procedures have emerged as effective solutions, not only for weight loss but also for limiting comorbid conditions.

However, the Health Service Journal (HSJ) notes that bariatric surgery accounts for less than 1% of eligible patients treated annually under the NHS. While cost is a contributing factor, variations in regional funding priorities and clinical commissioning group (CCG) policies exacerbate the situation. Patients in some areas face greater barriers to access than others, creating a postcode lottery for treatment.

Funding Inequities: The Core Issue

Regional inequalities in funding are among the most significant challenges. CCGs, responsible for allocating NHS budgets, vary in their criteria for approving bariatric procedures for financial support. Some regions require a longer history of failed weight-loss attempts or stricter BMI thresholds before approving surgery.

This inconsistency leaves many patients with no viable solution. Those unable to secure treatment through the NHS often seek private alternatives, adding a financial strain to obesity-related health issues.

Addressing these discrepancies will require a unified approach to funding, supported by national guidelines that establish standard eligibility criteria and equitable resource allocation across all regions.

Standardizing Eligibility Criteria

Eligibility for bariatric procedures under the NHS generally follows National Institute for Health and Care Excellence (NICE) guidelines, which recommend interventions for patients with a BMI of over 40 or over 35 with comorbidities. However, local interpretations of these guidelines often lead to more inconsistencies.

A patient in one CCG may qualify based on their BMI and health conditions, while another in a different region might be denied. Establishing a centralized system for assessing eligibility could eliminate such disparities, ensuring patients receive treatment based on clinical need rather than geographic location.

Moreover, educating primary care providers about referral pathways for bariatric procedures is essential. Many patients report delays in receiving referrals due to insufficient knowledge among GPs about available options and criteria.

Improving Service Delivery Across the Board

One of the key solutions lies in expanding the availability of multidisciplinary teams (MDTs) within bariatric services. Effective MDTs, which include dietitians, psychologists, and surgeons, are essential in providing comprehensive care before and after surgery. Such follow-up guarantees the best treatment for each patient, more adapted and more efficient, saving money and useless procedures. However, not all NHS trusts have the resources to establish fully operational MDTs, which leads back to the funding system of the NHS.

Investing in more bariatric units and ensuring they are evenly distributed across the UK can ease pressure on existing facilities and reduce waiting times. Additionally, integrating digital tools, such as telemedicine consultations and online pre-surgery support programs, can improve access, particularly in rural areas. These methods have been widely promoted since the Covid crisis, but their use could still be widely extended.

The Role of Alternative Treatments

Bariatric surgery, such as gastric bypass or sleeve gastrectomy, is effective but not always accessible. Alternative treatments are increasingly vital to support patients who don’t qualify for surgery or seek less invasive options.

Non-surgical gastric balloons have emerged in recent years as an effective option for patients who cannot or don’t want to undergo bariatric surgery. The balloon is temporarily placed in the stomach endoscopically to create a feeling of fullness and favor weight loss. This approach requires a reduced recovery time and can help patients adopt healthier habits. Another alternative is medically supervised weight management, combining tailored diets, exercise plans, and weight-loss medications to address obesity without surgery.

Other emerging solutions like endoscopic sleeve gastroplasty (ESG) also offer minimally invasive procedures that reduce stomach size without major surgery, providing significant results with fewer risks as well.

For those comparing options, understanding differences is key. You’ll find online several websites comparing gastric balloons and gastric sleeves or other procedures, though only your doctor will be able to identify the best procedure for your case.

By embracing these alternatives, the NHS can broaden access to treatment, ease surgical backlogs, and offer more personalized care for patients, making bariatric services more consistent across the UK.

Training and Retaining Bariatric Specialists

A robust bariatric service hinges on having sufficient healthcare professionals trained in obesity management and bariatric surgery. However, recruitment and retention challenges in the NHS have impacted the availability of specialists. Surgeons, anesthetists, and support staff require specific training to handle the complexities of these procedures, yet workforce shortages often lead to delays and cancellations.

By increasing investment in training programs and offering competitive incentives, the NHS can address the staffing gap. Initiatives such as mentorship schemes for junior doctors interested in bariatric surgery could also ensure a steady pipeline of skilled professionals.

Tackling Waiting Times

Lengthy waiting times for bariatric procedures remain a significant barrier. According to recent reports, some patients wait over two years for surgery, far exceeding the NHS constitution’s 18-week target. This delay not only affects physical health but also takes a toll on mental well-being.

Streamlining patient pathways and adopting innovative scheduling systems can significantly reduce waiting times. For instance, the introduction of centralized booking platforms, coupled with real-time data monitoring, could help optimize surgical schedules and minimize backlogs.

A Holistic Approach to Obesity

Finally, consistency in bariatric services requires the NHS to adopt a more holistic approach to obesity management. This means addressing the root causes of obesity through education, prevention, and early intervention. Public health campaigns promoting healthier lifestyles, combined with access to nutritionists and exercise programs, can reduce the overall demand for bariatric treatments over time.

Moreover, expanding partnerships with private providers to offer subsidized procedures could alleviate some of the strain on NHS services.

Ensuring a consistent bariatric service across the NHS is no small task. It requires tackling funding disparities, standardizing eligibility criteria, and investing in infrastructure and workforce development. By addressing these challenges, the NHS can provide equitable access to life-changing treatments for patients nationwide.

With obesity rates continuing to climb, the stakes have never been higher. Delivering a uniform bariatric service isn’t just about weight loss, it’s about saving lives and reducing the long-term burden on healthcare resources.

Read more:
How the NHS Can Offer a Consistent Bariatric Service

SMEs across the UK are preparing for significant financial challenges in 2025, with new research indicating an expected average revenue loss of £138,000 per business.

According to a study conducted by freelancer platform Fiverr, a quarter of businesses anticipate losses exceeding £100,000 due to the financial pressures stemming from Labour’s Autumn Budget.

Despite a modest interest rate cut by the Bank of England, Labour’s proposed £40 billion tax hike—half of which will directly impact businesses—has intensified concerns among SMEs as they look ahead to the coming year. Key issues troubling business leaders include inflation and rising costs (50%), economic instability within the UK (45%), and the broader implications of Labour’s tax policies (37%).

Revenue Challenges and Workforce Reductions

The recent Budget announcement has sparked widespread apprehension among UK businesses, with over half (54%) citing the current political climate as a primary driver of operational instability. An overwhelming 83% believe that proposed changes to Labour’s budget policies and the increase in the national minimum wage will negatively affect their revenue.

Alarmingly, 76% of business leaders foresee Labour’s tax policies adversely impacting workers’ pay, while 60% are considering headcount reductions and hiring freezes over the next year. These anticipated workforce adjustments reflect the mounting financial strain on SMEs amid the new fiscal measures.

Mixed Feelings on Workplace Trends

Despite these challenges, some optimism persists among business leaders. The data reveals that 62% believe Labour’s focus on improving workers’ rights could have a positive effect on employee mental health, offering a glimmer of hope in an otherwise turbulent outlook.

UK businesses are also open to adopting new workplace trends. Half of the surveyed leaders expressed willingness to trial a four-day work week, though 24% doubt its success under Labour’s governance. Additionally, 61% support a return-to-office (RTO) model of at least three days per week, citing improved productivity (61%), enhanced collaboration (40%), and better professional development opportunities (38%) as key benefits.

However, leaders also recognize potential downsides to mandating office attendance. Half believe that enforcing RTO policies could harm employee retention, and 26% fear it may create friction and lower workplace morale. Nearly a quarter are concerned about the impact on employees’ work-life balance and the possibility of increased operational costs associated with the shift.

Focus on AI and Tech Roles in Hiring Plans

Despite economic pressures, over half (55%) of UK businesses plan to expand their workforce in 2025, while 33% intend to maintain current staff levels. Hiring priorities indicate a surge in digital innovation, with nearly half (48%) focusing on IT and tech roles, and 24% targeting positions specific to artificial intelligence (AI).

Fiverr’s 2024 UK Future Workforce Index reveals that businesses are willing to offer an average of 45% higher wages to candidates with AI expertise, with over 80% of leaders prepared to pay a premium for these skills. In contrast, demand for creative and design roles remains subdued, with only 19% of businesses planning hires in this area.

Advancements in AI are influencing hiring decisions, with 43% of businesses citing this as a reason to scale back recruitment. Regulatory changes (34%) and budget constraints driven by the ongoing cost of living crisis (33%) are also significant factors.

Freelancers Key to Bridging Skills Gaps

Freelancers are emerging as critical contributors to the workforce, with 55% of businesses already integrating freelancers into their teams. Nearly a third (32%) are leveraging freelance expertise in AI. Looking ahead, half of UK business leaders view freelancers as essential to achieving their goals in 2025, and 45% plan to increase their reliance on freelancers in the coming year.

Hila Harel, Director of International Growth at Fiverr, commented: “As the UK navigates upcoming challenges, it’s encouraging to see business leaders increasingly turning to freelancers to help tackle economic instability and evolving workplace trends. With the four-day work week and return-to-office policies gaining momentum, it’s clear that workplace flexibility is a top priority. As 2025 approaches, we look forward to seeing freelancers play a greater role in supporting businesses—not just in weathering uncertainty, but also in driving growth and innovation amid ongoing challenges.”

Read more:
UK SMEs brace for average revenue loss of £138,000 in 2025 amid Labour’s budget measures

Socium, an all-in-one HR management platform based in French-speaking Africa, has secured a $5 million funding round to expand its services and become the go-to HR solution for mid-sized companies in the region.

This funding follows a previous $1.1 million round in August 2022, highlighting the company’s rapid growth despite a broader slowdown in African tech funding.

The latest investment was led by Breega through its Africa Seed fund, with participation from international investors including Partech, Chui Ventures, Orange Digital Ventures, Sonatel, Outlierz Ventures, Super Capital, and DNA. Prominent African business angels such as Mossadeck Bally (founder of the Azalaï group), Hassan Bourgi (founder of Djamo), and Babacar Seck (founder of Askya Investment Partners) also contributed to the round, underscoring growing support for local startups.

Simplifying HR Management in Francophone Africa

Co-founded in 2021 by École Polytechnique alumni Samba Lo and Serigne Seye, Socium addresses the critical need for digital HR solutions in Francophone Africa, where over 90% of mid-sized companies lack an HR management system. This gap often results in time-consuming manual processes and increased operational, legal, and financial risks.

Initially launched with a recruitment module, Socium has expanded its offerings to provide a comprehensive HR management platform. The platform now includes recruitment, talent administration, performance management, and payroll processing, tailored specifically for the unique needs of African companies.

“The solution’s adoption across more than 15 African countries speaks to its commitment to meet the needs of local businesses by optimizing HR operations,” said Ben Marrel, co-founder and CEO of Breega. “We are thrilled to continue supporting Socium and its outstanding founders, Samba and Serigne, in their mission to become the leading HR solution for medium-sized companies in Francophone Africa.”

A Growing Market and Future Plans

The potential market for HR software in Francophone Africa is estimated at €8.5 billion, targeting companies with more than 50 employees. This market is expected to grow at a rate of 10-12% per year until 2030. Socium is already supporting over 100 clients across more than 10 industries and 15 countries, including high-profile names like Auchan, Orange, EY, L’Archer Capital, and Djamo.

With the new funding, Socium plans to strengthen its operations in key markets such as Senegal, Côte d’Ivoire, and Cameroon, while accelerating growth into the Democratic Republic of Congo (DRC) and Morocco. The company will also enhance its platform with advanced AI features, such as payroll discrepancy detection, and integrate with public services to automate tax and regulatory filings.

“This investment in Socium reflects our commitment to sustainable development and innovation in Africa,” commented business angel and founder of Azalaï Hotels, Mossadeck Bally. “By supporting this innovative HR solution, we are helping to transform the future of work, nurture local talent, and boost the competitiveness of African companies.”

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Socium raises $5M to become leading HR solution in Francophone Africa

Gary Lineker, the former England footballer turned broadcaster, has strategically placed his television production company, Goalhanger Films, into voluntary liquidation ahead of upcoming capital gains tax rises.

Co-owned with former ITV controller Tony Pastor, the company reported net assets exceeding £440,000 in its last published accounts.

The decision comes as the UK government announced in the recent Budget that capital gains tax rates will increase from 10% to 14% starting in April, with a further rise to 18% in 2025. By liquidating the company now, Lineker and Pastor can benefit from the current lower tax rate on distributions from the company’s assets.

Tony Pastor confirmed that Goalhanger Films is being “mothballed,” allowing the duo to focus on their rapidly growing venture, Goalhanger Podcasts. The podcast platform hosts popular series such as The Rest Is History and The Rest Is Football, and reported net assets close to £591,000 earlier this year.

Lineker’s move aligns with the practice of Members’ Voluntary Liquidation (MVL), a process that enables solvent companies to wind up operations in a tax-efficient manner. An MVL allows business owners with significant retained earnings to treat distributed funds as capital gains rather than income, potentially resulting in substantial tax savings under the Business Asset Disposal Relief framework.

Originally launched in 2014, Goalhanger Films produced high-profile sports documentaries featuring stars like Mohamed Salah and Serena Williams. However, the shift towards the more successful podcast division reflects Lineker’s adaptation to changing market dynamics.

Despite stepping down from hosting Match of the Day after a 26-year tenure, Lineker remains a prominent figure at the BBC, with contracts to present coverage of the FA Cup and the 2026 World Cup.

Lessons for Business Owners

Lineker’s financial move offers insights for entrepreneurs and company directors:

Act Early: Anticipating tax changes and making timely decisions can maximize financial benefits.
Consider MVL: For solvent businesses planning to close, an MVL can be an effective tool to unlock value efficiently.
Adapt to Growth: Shifting focus to more successful ventures ensures resources are allocated to areas with the greatest potential.

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Gary Lineker liquidates Goalhanger Films ahead of capital gains tax increase

British pension savers are poised to gain from Donald Trump’s election victory, as the former US president’s pro-business stance boosts stock markets, particularly in the United States.

Andrew Evans, group chief executive of Smart Pension, a leading UK retirement business, highlighted the positive impact of rising US markets on UK pensions with investments in American assets.

Evans said, “American markets have been incredibly bullish since Trump’s victory, benefiting UK pension savers with funds tied to US assets, whether they realise it or not.”

Smart Pension, which manages retirement savings for 1.4 million people, has 52% of its main fund invested in the US. Following Trump’s election, the S&P 500 surged by 5% to a record high of 6,001.35 points. Although it has since dipped slightly to 5,863.69 points, the index remains 2.6% higher than its pre-election level and up 12.8% since August. Similarly, the Nasdaq Composite Index hit record highs and is still up 2.6% compared to November 4.

Despite concerns over Trump’s trade policies, which some economists warn could disrupt global markets and fuel inflation, investors remain optimistic about his corporate tax cut promises and pro-growth agenda. Evans noted, “Trump’s policies promoting American growth and company assets will benefit global pension funds.”

Rachel Reeves pushes for UK pension reform

Meanwhile, in the UK, Chancellor Rachel Reeves has proposed a significant overhaul of workplace pensions, aiming to pool smaller pots into “megafunds” worth £80 billion. These larger funds are expected to have the capacity to invest in a broader range of assets, driving growth and returns for savers.

Evans welcomed the initiative, which aligns with Smart Pension’s mission to transform retirement savings. The company currently allocates 6% of its master fund to private markets and plans to increase this investment.

However, Evans called for further government incentives to stimulate domestic growth, particularly in light of the Chancellor’s £41.5 billion in tax hikes outlined in the Budget. “Promoting growth while imposing significant tax increases is a challenging balance. Additional structural measures are needed to support investment in the UK,” he said.

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British pension savers set to benefit from Trump’s pro-business policies