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May-June 2014

Medical Plastic Data Service

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Association of Indian Medical Device Industry

Taizhou Maider Medical Industry Equipment Co. Ltd., China

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India's Premier B2B Medical Equipment Show
12th Edition Chennai

1st , 2nd and 3rd Aug 2014
Chennai Trade Center , Chennai , India

9-10 October 2014
Mumbai, India

The 12th National Conference and Technology Exhibition On “Indian Medical Devices & Plastics Disposables Industry 2015"
January 9–10, 2015
Ahmedabad, Gujarat, India

9th International Plastics Exhibition & Conference
February 5-10, 2015
Pragati Maidan, New Delhi, India

21st International Exhibition
and Conference
India's No. 1 Trade Faiir for Hospitals, Health Centres and Clinics
21-23 March 2015

Pragati Maidan, New Delhi, India

Author : Dr. A. Ramkishan, M. Pharm., Ph. D., Asst. Drugs Controller (I/c), Govt. of India
Content Overview: May - June 2014

 Cover Story

 

Medical Device Industry : Contract Manufacturing For Smarter, More Cost-Effective Production
 
 
Cost cutting pressures, accelerating time-to-market and focus on core competencies will drive original equipment manufacturers to outsource their manufacturing. Globally, the growth of the medical...

 

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Development Of Plastics Injection Molded Medical Device: A Systematic Approach Is Key To Success
 
 
- Mr. Nikhil Patel, Director, Credence Management Corporation, Vadodara
 
Medical Device development has become increasingly complex. Plastics Injection Moulded Medical Devices development stages include: concept development, product design, DFM, DFMEA, etc...

 

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Regulatory Issues In Contract Manufacturing (Out Sourcing) Of Medical Devices
 
- Mr. Sanjay Shah, CEO, Unikal Consultants, Ahmedabad
 
Medical devices are unique in their definition and it has large varieties which are covered under the term medical devices. Quality aspects pre & post manufacturing is very complex in their nature based on their application and usage. Manufacturers should...

 

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Global Trends

 
Global Medical Device Outsourcing Market will Grow to Over $12 Billion by 2018
 
According to Millennium Research Group (MRG), the global authority on medical technology market intelligence, medical device brand owners in many countries are facing increasing budgetary pressures due to factors such as the ongoing debt crisis in Europe and the implementation of the medical device excise tax in the United States. As a result, there will be rising demand for medical device outsourcing and...

 

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Trends Favor Growth For Plastics In Medical Market
 
The medical device market is exploding right along with the rest of the global health-care industry. It’s up to a $56 billion-a-year industry in the United States, more than $140 billion world-wide, and aging populations and government initiatives mean the spending will only go up...

 

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Industry News

  • India to Create Board to Evaluate Medical Devices
  • Antimicrobial Plastics Market: Healthcare/Medical Sector is by far the Indisputable Winner
  • Experts Miffed Over Delay In NIPER Campus In Gandhinagar
  • Highlights Of More Industry News
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 Product Gallery

  • New 220 mm Qosina Closure Clamp

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 Events

Did You Know?
 

About When to Consider Outsourcing Medical Device Manufacturing to a Contract Manufacturer?
 
Medical Device Manufacturers are grappling with mounting pressures related to cost , time to market , and an increasing stringent regulatory environment. Many of the companies view contract manufacturing as an alternative in one or more of the following situations :
 
  1. Manufacturing is not a core competency of the organization.
  2. The device requires high development and clinical costs, which may limit the resources required to engage in high quality and high productivity manufacturing.
  3. Their organization’s financial objectives result in the consideration of reducing company overhead, including facility costs or a reduction in labor costs.
  4. Their internal logistics support may not be “optimized” for procuring and handling materials necessary to ensure the safety and efficacy of your medical devices.
  5. Capital equipment ROI objectives are not being achieved or current manufacturing equipment is outdated for the production of highly complex medical devices.
  6. Risk Mitigation - Managing growth effectively by developing partnerships with supplemental resources to support quality and regulatory compliance, economies of scale, as well as disaster and business recovery planning strategies for the customers and investors is a good business practice.

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From the Archives...

Global Trends

Did You Know? Industry News

Singapore: Medtech Companies’ Strategic Base In Asia

 

Asia’s fast-growing healthcare markets, which are expected to expand from US$246 billion (2009) to US$349 billion (2012) (Frost & Sullivan, 2010), present tremendous growth opportunities for global medical technology (MedTech) companies. As companies look out for a strategic base in Asia to drive their business expansion in the region, Singapore presents a choice location with its base of globally-oriented talent who are attuned to Asia’s needs, strong track record in high quality medical device manufacturing, and commitment to drive MedTech innovation to address Asia’s unmet healthcare needs...

About What Global Medtech Manufacturers Need To Copy From India and China

Gone are the days when European or U.S. manufacturers would simply take products designed for use in high-end markets, reduce the features and, consequently, make them cheaper for emerging markets.
This kind of minor adaptation is not working any more. Instead Western Companies need to rethink products with local conditions in mind...
  • CII Concerned About Misleading Reports Portraying Indian Drugs And Devices Regulators In Poor Light
  • Guj. FDCA Proposes To Share Its XLN Software With CDSCO
  • Biomedical Waste Causes 10-15% Infections Among Public In AP
more
Click here to get the complete list of Archived Articles.

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