Boston Engineering prides itself on 20 years of experience in breakthrough medical device innovations, successful commercial product launches, and satisfied customers. The company offers comprehensive design and product development capabilities that span the entire product lifecycle, including creating and maintaining design history file documentation, design verification and validation activities, QMS implementation, and more. Banner medical specializes in the design and manufacture of orthopedic devices, implants and spinal instruments, surgical instruments and dental implants. Bressler Group has developed hundreds of medical devices in collaboration with its customers, including therapeutic and survival devices, patient monitoring equipment, laboratory and diagnostic equipment, consumer equipment, infusion pumps, injection equipment and more. The company`s versatility makes the Bressler Group a valuable partner for innovative medical technology companies in all product categories. The company`s capabilities do not include in-house manufacturing, although production management and consulting services are offered. Emerging market governments have launched new health initiatives, such as the Ayushman Bharat – National Health Protection Scheme (AB-PMJAY) in India and Healthy China 2030 in China. Rising health spending, the increasing prevalence of various chronic and infectious diseases, and the growing demand for home health care are some of the main factors driving the demand for medical devices in developing countries. Given these visible growth prospects, many global contract medical device manufacturers are investing in these emerging markets. The low manufacturing costs in these countries also offer an added advantage to players.
This has led a number of companies to establish manufacturing facilities in these regions of Industry 4.0 technologies, including cloud computing, machine-to-machine communications, and cyber-physical systems that enable advanced automation that helps address these production challenges. Improved connectivity and data collection of these technologies enables the construction of high-volume compliant manufacturing processes with efficient inventory and production management. Karten`s customer list includes some of the world`s best-known medical device companies, including Biotronik, Boston Scientific, Abbott, Axonics, Baxter, Medtronic, Kohler and P&G. Naglreiter Device Development is a full-service medical device design company that provides outsourced engineering and management services to customers ranging from Fortune 500 companies to companies with fewer than 50 employees. Naglreiter customers can choose from a range of services, from short-term product support and external management to comprehensive on-site product incubation services. Dalsin Industries is a leading high-quality contract manufacturer of precision sheet metal products, offering operational excellence through the unique integration of people, processes and production technology. Dalsin Industries positions itself as a full-service contract manufacturer with major OEM customers in the United States. With an exceptional history of innovation, quality and ISO 9001 certified quality management systems, Dalsin offers world-class manufacturing and assembly capabilities for contract metals. By combining design optimization for manufacturing, collaborative design support, high-speed manufacturing processes, rapid production planning and control, global supply chain management, and environmental stewardship, it means that everything we do is better through design.
Johari Digital is a global medical technology company with over 40 years of experience in medical device manufacturing. The production plant complies with MDSAP, ISO 13485:2016 and FDA (21 CFR 820) standards and processes. Their services range from design to development, electronics and mechanical engineering, prototyping, systems integration, packaging and supply chain. In addition, Johari also helps its customers with regulations and compliance to get their product to market quickly. Nordson Medical is a versatile solution provider for medical device companies with offices in Ireland, Israel, Mexico and the United States. The company offers a selection of prefabricated components and technologies that are ready and can be integrated into new product designs. Nordson also offers an outsourced product design and development service that involves a six-step process: WuXi AppTec primarily provides R&D and manufacturing services to support global pharmaceutical and biotechnology companies. Governments in several countries in the APAC region are encouraging stakeholders to integrate version 4.0 into their manufacturing processes to advance the development of technologically advanced medical devices. For example, Thailand`s Growth Model 4.0 has created an innovative center to increase the development and manufacture of medical technology devices. The Intellectual Property Innovation-driven Entrepreneurship Center (IP-IDE) manages its own pool of patent data and information, which continues to be shared with small and medium-sized enterprises (SMEs) to develop new technologies. With the IP-IDE center, the Thai government wants to encourage Thai medical technology companies to innovate and expand in domestic and foreign markets.
However, the growth of the market is hampered by the increasing consolidation of the medical devices market. Large players to develop their manufacturing capabilities to reduce costs are focusing on acquiring small players and marketing managers themselves. This may affect the overall pace of growth of the market. The company also handles medical device testing, offering sterilization, packaging, biocompatibility, cybersecurity, and electrical validation, as well as material testing and various regulatory certification services. The market size of contract manufacturing of medical devices has been determined from annual reports, SEC filings, online publications, and in-depth primary interviews. In order to determine the size of the market segments, a percentage breakdown was made. More divisions were applied to get the size of each sub-segment. The main participants validated these percentage distributions. The nationally identified market sizes from annual reports, SEC filings, online publications, and in-depth primary interviews have been added together to reach the overall market size for the regions. By adding up the market sizes for all countries, the APAC market for outsourced medical device production was derived.
8 MARKET FOR THE CONTRACT MANUFACTURING OF MEDICAL DEVICES, BY DEPARTMENT (page no. . . . .