7 minutes read
AI Unleashed: Vamstar’s Vision to Strengthen MedTech Competitiveness in a Fragmented Industrial Landscape
At Europe’s leading stage for healthcare innovation, Vamstar delivered a commanding call to action: Europe’s MedTech industry must adopt AI at its commercial core—or risk being outpaced in the global industrial shift already underway. The session, titled “AI Unleashed: Strengthening MedTech Competitiveness in a New Industrial Age,” brought together strategic insight and operational specificity, moving well beyond theory to address how AI can directly influence top- and bottom-line performance in the sector.
Led by Praful Mehta, CEO of Vamstar, and Richard Charter, Special Advisor, the presentation fused macroeconomic reality with micro-level transformation opportunities, highlighting a regional paradox: Europe has the talent, regulation, and innovation ethos—but is under-leveraged commercially.
The Challenge: Operational Gaps in a System Under Strain
The speakers laid out the challenges with surgical precision:
- Hyper-regional fragmentation is creating inconsistent playbooks across markets. AI initiatives that work in the U.S. often fail in Europe unless localized—linguistically, operationally, and strategically.
- Commercial talent shortages and long hiring cycles (up to 18 months for key roles) are stalling progress.
- Capital inefficiency is widespread. In Europe, ROI on commercial investment is poor—each €1 of input returns just €7, versus significantly higher yield potential through better data use.
- Execution gaps persist. “We are not in a tech drought,” said Praful Mehta. “We’re in an execution drought. We have all the tools, but not the connective tissue—data integration, skills, and governance—to use them well.”
He emphasized a hard truth: AI, as currently deployed by many MedTechs, is largely superficial—powering corporate showcases rather than solving real commercial bottlenecks. Without foundational changes in data readiness and workflow integration, most AI projects will underperform—or quietly fail.
Where AI Actually Delivers: Real Use Cases, Not Vanity Projects
To redirect the narrative, Vamstar presented four high-ROI use cases, each mapped to structural pain points in MedTech commercialization:
1. Tender Management Automation
90% of tender teams still rely on manual workflows.
AI reduced human workload, enabling auto-indexing of opportunities, auto-fill of technical responses, and SKU-product mapping.
Result: Increased tender win rates, reduced cost of pursuit, and minimized margin leakage—often 18% between first and second bids.
2. AI-Enabled Pricing Strategy
AI-generated ASP recommendations allow pricing committees to act faster, backed by predictive models.
Agentic AI assists in pricing policy simulation, sensitivity analysis, and pricing governance—helping organizations move from reactive to predictive pricing environments.
3. Global Value Dossier (GVD) Acceleration
Literature reviews and evidence mapping are time-intensive; AI reduced dossier creation time by 28–86 days.
Vamstar’s AI supports screening, abstract categorization, and early-phase evidence grading—freeing time for teams to focus on value articulation.
4. ESG and Tender Compliance Intelligence
Vamstar’s AI engine ingested 15,000 ESG-related tenders to identify scope 3 gaps, harmonization issues, and leading indicators across Europe.
This data-driven lens helps MedTechs prepare for PPN 06/21 compliance in the UK and beyond—turning ESG from a risk to a strategic advantage.
Each example focused on narrow, high-impact AI interventions—not generic “digital transformation” slogans. “We avoid bloated AI projects that deliver little ROI,” said Charter. “Start small. Automate what matters. Measure. Then scale.”
Europe’s Competitive Opportunity—But Only If It Acts Now
The presentation drew a stark contrast between European potential and its underperformance on AI deployment in commercial functions. With U.S. players over-investing in failing initiatives and APAC still lacking cohesion, Europe is uniquely positioned to lead if it moves fast, collaboratively, and with strategic clarity.
“Think of this as the industrial revolution of our time,” Mehta argued. “But there’s no guaranteed seat at the table. Europe’s edge will come from embedding AI in pricing, tendering, and access workflows—not from more experiments.”
The Strategic Imperatives: What Needs to Change
Five imperatives emerged from the discussion, forming a blueprint for MedTechs seeking to align with the next industrial age:
- Embed AI into the business model – not as a bolt-on pilot, but as a central nervous system across commercial functions.
- Build governance structures – successful companies have global and regional AI councils. Unsuccessful ones have internal power struggles.
- Fix the data layer first – disconnected systems (ERP, CRM, CPQ) produce noise, not insight. Unifying these is prerequisite for any effective AI.
- Invest in talent strategy – the talent gap is growing. Companies need to upskill existing teams while creating roles for new digital natives.
- Demand customization – MedTechs must stop buying generic AI tools and demand industry-tuned models, with clear answers to: Where is my data going? Is it safe? Can I trust the outputs?
Why Vamstar? A Vertical, Purpose-Built Platform
Closing the session, Mehta outlined Vamstar’s unique positioning:
- Data-first since day one – long before GenAI hype, Vamstar built pipelines to unify fragmented internal and external datasets.
- Domain-specific LLMs – Vamstar’s AI models are fine-tuned to MedTech workflows: tenders, pricing, value dossiers—not general chatbots.
- Proven security – unlike shadow AI tools, Vamstar isolates, anonymizes, and governs all inputs, ensuring no strategic leakage.
- Measured deployment – Vamstar partners with clients through structured bootcamps and targeted implementation phases, avoiding the “AI fatigue” many are now experiencing.
Conclusion: From Missed Margins to Market Leadership
In a world where 80% of AI initiatives deliver no value, Vamstar offered a blueprint for the 20% that do. The message to MedTech leaders was clear: AI is not the future—it’s the present. But only those who operationalize it, govern it, and align it with commercial KPIs will benefit.
“The opportunity in Europe is real.”
“But it requires bold action. Because tomorrow is too late.”
Praful Mehta
CEO
Vamstar
Watch the Full Session
Explore the complete session from MedTech Forum 2025 and hear directly from Vamstar’s leadership on how AI is being operationalized to drive pricing, tendering, and market access transformation across Europe.