19 July 2018
Visiongain’ has launched a new pharma report Medical Device Contract Manufacturing Market Report: Electronic Manufacturing Services, Materials Processing, Finished Products, Medical Diagnostic Devices, Monitoring & Surgical Equipments, Therapeutic Devices.
The global medical device industry is a large, intensely competitive and highly innovative market. The US accounts for the largest share of the market. The industry may be subdivided into various segments based on the therapeutic area that a medical device is aimed at. These include medical devices in sectors such as cardiology, orthopaedic, and wound care among others.
The medical device industry has witnessed significant growth during the past decade, owing to new product launches, an ageing population and geographic expansion. As most of the prominent companies in the industry operate globally, the growth of the industry is highly dependent on the economic conditions prevailing in the international market.
The lead analyst of the report commented “In-house manufacturing of electronic parts by medical device OEMs would require heavy capital investment to produce. The expanding technology and capabilities offered by contract manufacturers has been a major factor in the growth of this market. Medical device companies are facing increased competition coupled with pressures to cut costs and improve the quality of their products. This has coincided with EMS providers improving their capabilities and expertise by offering OEMs a broader array of manufacturing location and services.”
Leading companies featured in the report include Benchmark Electronics, Flextronics, Forefront Medical Technology, Greatbatch, Jabil Circuit, Nortech Systems, TE Connectivity (Creganna Medical), Tecomet (Symmetry Medical), The Tech Group (West Pharmaceutical Services), Vention Medical.
Notes for Editors
If you are interested in a more detailed overview of this report, please send an e-mail to firstname.lastname@example.org or call her on +44 (0) 207 336 6100
Visiongain is one of the fastest-growing and most innovative independent media companies in Europe. Based in London, UK, Visiongain produces a host of business-to-business reports cusing on the automotive, aviation, chemicals, cyber, defence, energy, food & drink, materials, packaging, pharmaceutical and utilities sectors.
Visiongain publishes reports produced by analysts who are qualified experts in their field. Visiongain has firmly established itself as the first port of call for the business professional who needs independent, high-quality, original material to rely and depend on.
The global market for dermatological drugs is ascending and has made significant gains in skin treatments. The players in the dermatological drugs market are striving to tap the opportunities that this market offers.
18 January 2021
Demand in the early years of the forecast period will come from multinational biotech looking to sign deals with Indian companies and take advantage of the cheaper costs of production for the emerging market.
08 January 2021
The growth can be attributed to the rising prevalence of respiratory diseases, growing awareness for respiratory diseases, and innovations in respiratory and anesthesia devices. However, unfavourable reimbursement policies and lack of patient adherence in respiratory diseases are some of the factors restraining the growth of the anesthesia and respiratory devices market.
07 January 2021
Factors such as rise in the prevalence of the infectious and bacterial diseases and active participation of government in vaccine development are driving the growth of this market. While high cost of vaccine development is the key factor emerging as a growth barrier over years in this market.