The Money Is In Contract Manufacturing...

Kalorama Information expects the contract manufacturing markets to grow at double digit rates, 10-14% and higher some categories, while the market for medical devices generally will see 5% to 6% growth.

Original equipment manufacturers (OEMs) are expected to innovate existing products and deliver new products to operate in the complex device markets.  According to Kalorama Information’s report “Contract Manufacturing in Medical Devices (Materials, Processing, Electronics, Finished Products)”.  In some cases, firms are increasing their own capacity, but contracting out manufacturing is the only realistic way to continue to operate in this environment.

“The number of OEM companies are limited, therefore growth opportunities are in contract manufacturing for the OEMs,” says Bruce Carlson, publisher of Kalorama Information.

Kalorama Information expects the contract manufacturing markets to grow at double digit rates, 10-14% and higher some categories, while the market for medical devices generally will see five to six percent growth.  Materials will show the largest opportunity, but competition may be less in finished products and to a degree in electronics.  Kalorama’s report can be found at http://www.kaloramainformation.com/Contract-Manufacturing-Medical-6059484/