19 July 2018
Visiongain’ has launched a new pharma report Global Medical Device Contract Manufacturing Market : 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.
Some of the major factors fuelling the growth of global market include significant advantages associated with PIM solutions and inclination towards centralized models among across pharma sector.
19 October 2020
The coronavirus outbreak has negatively impacted all the economies and industries across the globe. Hence, for the next 1-2 years, the global respiratory drug delivery market is expected to take a hit.
12 October 2020
We predict strong revenue growth through to 2030. Our work identifies which organizations hold the greatest potential. Discover their capabilities, progress, and commercial prospects, helping you stay ahead.
02 October 2020
The development of mRNA vaccines is driven by new biotechnologies and nanotechnologies. Emerging delivery technologies, such as electroporation (EP), innovative vaccine formats like mRNA preventive boost, and new molecular adjuvant technologies are particularly important for mRNA vaccines reaching their potential.