Contract Manufacturing in Spine:Price erosion for spinal products has been a constant variable during the past years. The main drivers for the spinal contract manufacturing market have been implant manufacturing and OEM facility divestitures. The major spinal medical device companies have had a different outsourcing strategy than more of their smaller challengers. While the large OEMs manufacture a fair amount of product in-house, startups, small and midsize firms outsource almost all of their products. Many OEMs have sold manufacturing facilities to contract manufacturers. Visit our Page “Manufacturers·: https://thespinemarketgroup.com/manufacturers/ and find the most relevant Contract Manufacturers in Spine.
The main trends in implants are:
- Forging: In the long term, almost all activities will be outsourced. Forging will stay in the United States and Europe;
- Casting: In the mid and short term, casting will stay in-house for the majors. A small percentage will go to the major OEM facilities in low-cost labor countries;
- Spine and Trauma Machining: Machining companies in low-cost countries will attract a greater share of lower-end products. High-end manufacturing will remain in the United States and Europe.
By 2017, contract manufacturing in the orthopedic sector will outpace in-house manufacturing, mainly due to facility disinvestments and challenger growth. Source:www.odtmag.comIn our Manufacturers section, you will find the 43 most relevant companies including the following Companies:
3.-Inpakomed: Is a Leading Contract Manufacturing Organization offering Medical Device Assembling and Packaging services within our ISO 13485 certified facilities
About Contract Manufacturers
Contract manufacturer of surgical instruments for the orthopedic industry is a type of outsourcing that involves the construction pf whole products or a single element of a larger product. Generally, companies that participate in the medical device industry and in the Spine Industry partnership with these contract manufacturers that they can also participate in R&D design, assembly etc. There are many contract manufacturers that focus on the medical device industry but we have included the companies that are specialized in the Orthopedic and Spine industries.